Yet another article confirms what I’ve always suspected about the relationship between how you “feel” about debt and motivation to be debt-free: Until you get mad about your debt, it’s tough to make the necessary changes and sacrifices.
You do not have to be a “pro” or an extreme couponer to save money on your purchases. Using a coupon is as simple as handing it to the cashier at the time you check out. With many people feeling financially strapped due to the rising cost of food, gas, and, well, everything these days, coupons can help you keep a few extra bucks in your wallet. Here are some coupon basics to help you save some green. Continue reading
The Effects of Competition on Price
Imagine it’s the summer, and you’re sitting cozily in your lawn chair on the side of Main Street in your hometown, watching the Fourth of July parade. You are with your family, the sky is blue and the sun is hot, assembling all the necessary ingredients for a perfect holiday. Although thoroughly amused at the colorful floats passing by and marching bands playing patriotic tunes, you begin to get thirsty. For whatever reason, there are no stores nearby and you have forgotten to bring any water.
Two years ago, at the conclusion of my discussion with a client over his finances, I posed this question, “What are some of your long-term financial goals?” His response was one I had heard frequently, “I would very much like to have a comfortable retirement in 20 years.” Continue reading
I want to save more money. I want to pay my new car off this year. I want to save to put a down payment on a house in two years. It is a new year which brings about the tradition of making the list of things you want to accomplish this year. Unfortunately, by the time you read this, about 1/3 of you will already have given up on your New Year’s resolutions. Continue reading
Ahhh Budgeting, you love it, hate it, find it scary or just don’t do it. If you have been to my blog before you know I love simple and if there is a way to simplify budgeting & tracking money I am all ears!
So what options are there to make things easy? Of course you have the option of the basic excel budget that works just fine for mapping out your budget, but tracking your money is the tricky part. You don’t tend to take your excel budget everywhere you go and would have to wait to manually input your purchases, etc. Having said that, a simple excel budget is important to have as your “blueprint,” and a great view of your plan, your goals and your progress. Continue reading
“Where did all my money go?” “How did I go through my paycheck already?” Often times, we find ourselves staring at our bank account balance wide-eyed wondering what we spent our money on. Wondering where our money went is often a warning sign letting us know that we need to regain control of our financial situation. So how do we figure out where our money is going? Continue reading
What is an emergency to you?
Fifty-percent off on those shoes we have had our eyes on for a couple weeks (never mind that your spouse recently counted 75 pairs of shoes in your shared closet)?
A whining, begging, tantrum-throwing child who suddenly develops a passion for square-dance lessons (oh, by the way, her best friend is being forced by her parents to take said lessons)?
An island vacation because you are sick to death of your job and the weather in your area (and by the way we have enough room on the credit card to cover the cost)?
Some things may seem urgent or uncomfortable in the moment, but what is really an emergency? Continue reading