Debt can take a serious toll on our lives and we all make plans to pay off our debt but unless we stick to them them will not work! Use my tips to help jump start your debt pay down plan!
I have said time and time again, the key to financial success is understanding how you spend your money and using that knowledge to make wise choices. The only way to accomplish this is through budgeting! Figuring out how much you spend on food, entertainment, medical expenses, and even shoes can help you plan for the month ahead. But how do you do this? Where do you start? Right here, right now! I'm going to show you the right way to set a budget and how to crush it every month!
No matter how important it may be, I find that for most people, money is the last subject they want to talk about. We've all had financial issues, whether it was spending, debt, saving or budgeting. If you are struggling or just need a little money motivation, here are My Top 5 Personal Finance Posts to help you conquer your money problems.
When I was in my 20's, I thought I had it all figured out. I was finally living on my own and making enough money to support myself, but little did I know I was also setting myself up for financial failure. My careless financial habits and frivolous daily purchases were going to snowball into a mound of debt that I wouldn't be able to get myself out of. They say hind sight is 20/20, but if I knew then what I know now, I would probably be living on easy street. Here are the biggest financial mistakes from my 20's that you should avoid at any age.
You're engaged—congrats! Or maybe you’ve decided to take your relationship to the next level and move in together. No matter where you are in your relationship, if you are planning for a long-term future, it’s important to start thinking about your finances. According to CNBC, finances are the leading cause of stress in a relationship. Don’t let money get in the way of your and your partner's happiness. Knowing how to talk about money with your partner can be difficult, but before you combine your finances with your soon-to-be husband or wife, you need to have an open and honest conversation.
Bankruptcy has a stigma attached to it that you won’t find anywhere else or in any other form of financial hardship. Nobody wants the embarrassment of going bankrupt and having to declare it. Thankfully, there are many ways in which you can avoid this from happening. For example, if you are in the general area of Scottsdale bankruptcy help and other financial advice is easy enough to come by, as there are many companies and professionals offering services that help you with this. In addition to this, check out these tips that you can follow to help yourself avoid filing for bankruptcy.
Contribution By: Stacy Barbee
You can skip designer bags, do without designer shoes but, you can never go without groceries, even in your wildest dreams. We all know that cooking at home is far less expensive than eating out, but with rising food cost it's harder to stick to a budget. Groceries cost a family of 4 on average between $584 and $1156/month. While this is a very broad range, the fact remains that groceries can be quite expensive. Coupons help to save money, but they’re only to save you some on selected items. Here are 8 ways to save money grocery shopping to keep more cash in your pocket.
I know as well as anyone how impactful the success of a small business can have on your personal finances. Now when I say business, I don’t mean a huge conglomerate that turns over billions each year. I must admit that would be nice, but it is not realistic. What I am talking about are the little independent businesses that one may run from home or local coffee shop, that supplements a primary income source.
It is important to not only understand the hidden costs of running a small business, but to also make sure that you are budgeting for these unexpected expenses. Regardless of your circumstances, these expenditures will affect your business at some stage, so be sure to be prepared.
June is my birthday month, and I try to celebrate it all month long. Birthdays always make me reflect on the past year, but they also encourage me to think about the year ahead. Like many people, I try to set goals for myself professionally, make resolutions for personal growth, and pin locations on the map that I want to travel to. During the month, I also try to look at my financial status. Because my birthday falls mid-year, it is the optimal time to access my progress thus far. I feel that when you get past your 20’s, each year brings you closer to those milestones in life, like buying that dream home, making career strides and ultimately – retirement. Your 30’s are a time when you can make some serious financial progress to set yourself up for a prosperous future. Here are my financial steps to take in your 30's.
Guest Post by Money Coach, Ashley Feinstein - Knowing Your Worth
One of the most important components of our overall financial wellness is living by a budget that’s in line with our values and goals. Budgets, or as I like to call them, ‘happiness allocations,’ are a very basic concept but when used correctly, can set us up to live a very happy life! Why?