In recent months, I've done a lot of things that I felt obligated to do. I wouldn't say that I regret these things. For example, I attended several weddings, including destination weddings. I was glad to do so in order to support my friends and make my partner happy. However, it got me thinking a lot about the things that I had to reduce or give up in order to make time, energy, and space for those. And it got me thinking about how to apply financial budgeting knowledge to budgeting these slightly Read more [...]
Do you have a budget? I know I don’t. While I’m pretty good about automating my finances to include debts and savings, I found it helpful to see where I could trim the fat on my spending. Being able to look at a snapshot of my monthly spending helped me see all the unnecessary expenditures I had. It allowed me to come up with saving goals and a plan to ensure I get my bills paid on time, have money saved for my future, and money to spend now on the things I want with no hesitation. Have you looked Read more [...]
A book that I'm reading makes a pretty solid argument for a return to the days of using checkbooks. I haven't written checks in well over a decade. Would it make any sense to go back to using a checkbook?
The Inspiration for The Idea
I've been reading "7 Days of Simplicity: A Season of Living Lightly" by Jen Hatmaker. It's a book about simplifying your life in a variety of ways. In the chapter on simplifying your spending, Hatmaker makes a good point. She notes that back when you had to write Read more [...]
It is a new year with a crazy whirlwind start. Let us not forget we have the power to change. This year one of my goals is to continue to work on my financial stability. My side hustle and savings are set, but more could be done. I have goals to reach that would allow me to partially retire by 40. If you have similar or other financial goals you are working towards, you have to maintain financial peace of mind. Follow along for ways to keep your peace!
Debt Read more [...]
Nearly 78% of workers find themselves living paycheck to paycheck every month. Most struggle to make ends meet every month and have to rely on alternative financial assistance such as an auto title loan or a loan from a relative. Often, those who live paycheck to paycheck will not even be able to afford a $200 emergency if it came up unexpectedly.
If you find yourself struggling to stay on top of your finances every month, it may be time to implement a practical budget in order to save money Read more [...]
If it seems like you never have any money, you’re probably pretty frustrated. While sometimes being broke isn’t entirely your fault, there are plenty of situations where your choices are the primary reason for your financial difficulties. If you are trying to figure out why you are always cash-poor and what you can do about it, here’s what you need to know.
You Don’t Have a Budget
A budget serves as a guideline for your finances. It allows you to allocate portions of your income Read more [...]