A Tangible Budget Trick
Key Takeaways In this digital age, we have fewer reasons to write things down by hand. Science shows that the part of the body that has the greatest connectivity to the brain is the writing thumb. By hand writing your budget, you create both something tangible and a stronger connection from your brain to that […]
Renting vs. Owning: Which Is the Most Cost Efficient?
Key takeaways It’s great to have access to subscription services like Netflix, Uber, and all the others, that make life so much more convenient and easy. It’s important to do the math involved when you consider using a service because costs can add up unexpectedly and set your budget way off kilter. Think about the […]
Delaying Your Leap from the Nest
Key Takeaways It might sound strange to be living with your parents at 30, but it can be a good idea to help you defray costs if you have a significant amount of student loan debt. With rent costing anywhere from 30-50% of people’s income, housing is one of the biggest costs in a person’s […]
5 Tips to Help You Save Money Over Time
Key Takeaways Take at least two days before buying a cart of “stuff” on Amazon or any other online shopping site. Keep your credit card numbers to yourself and don’t just store them at your favorite sites for convenience. Pack your own lunch and make your own coffee. Eliminate forgotten fees for subscription services. Keep […]
Financial Fridays
Key Takeaways Do a quick, three minute look at your finances every Friday to ensure there are no irregularities and to keep your budget on track. One Friday every month, look at your assets and liabilities to ensure you are on track for any financial goals you might have. Once a year, do long-term planning […]
Timely Money Goals
Key Takeaways When we set goals, we usually attach a time frame to them. Sometimes life gets in the way, and we don’t achieve our goals within those time frames. When this happens, we may view it as a failure, but is it really? We’ve all been in a car when we just miss […]
Clarity About Money as a Couple
Key Takeaways Money is a common source of arguments for many couples. Whether you combine all, some, or none of your money doesn’t really matter. Keeping clear communication and being open about expenses are key. Po-tay-to, po-tah-to, to-may-to, to-mah-to…they mean the same thing, they just sound different. You may disagree with your spouse or […]
Teaching Young People the Value of Money
Key Takeaways Understanding how money works isn’t intuitive. Children can start learning from a young age how money works, but they need hands-on experience to do so. There are a couple of things you’ll want to get your kids started on to understand the value of money. Have you ever learned how to dance? You […]
The Two-Step Approach to Saving Money
Key Takeaways When it comes to saving money, most people do so with a one-step approach. However, a two-step approach is more effective in the long run. You can grow your money over time with permanent life insurance, a 401(k), or other savings methods.
5 Powerful Money Pivots
Key Takeaways COVID-19 has changed numerous things in our daily lives. One of the biggest changes is the way many people are spending and saving their money. If you’re looking to make the most of your money habits, consider these five powerful money pivots.