For anyone who wants to improve their financial situation, the first step is usually tracking their spending to see where their money is going. The second and much harder step, deciding where their money should be going which usually means a drastic change in financial habits.
It never hurts to have a few goals in mind as you approach various age milestones. For example, before you’re 30, you should be maximizing employer benefits like a 401(k) plan. But what are the financial goals you should think about before you reach 40? Here are a few areas you may want to consider.
With summer just over a month away, many people are starting to make summer plans and incur expenses related to summer activities. Before you start on your summer plans, make sure you are prepared to control your spending. Summer can be a difficult time staying true to your budget.
We have all heard the sage financial sound-bytes that seem so powerful and useful. But what do they really mean and how can they be used in everyday life? Decoding the true meaning of some of the tried and true financial sayings can be very helpful to your financial situation. Applying these thoughts will produce positive results.
Do you need to increase your cash flow to make your monthly budget work? Almost everyone could use a few more dollars each month. There are ways to give yourself a raise even if you don’t get one from your work.
Whether you are like thousands of families getting ready to head out for spring break or you are spring breaking at home, the week of Spring Break is a potential financial crisis caused by overspending. Fortunately, there are a few ways to keep your spending under control.
Budgeting is certainly a lifestyle change and if your New Year’s resolution was to live by a budget, you could be experiencing burnout by now. Lifestyle changes are difficult, however there are ways to beat budget burnout and stay on track financially.
No matter the age of your child, it’s never too early to start teaching them the three principles of money: saving, spending, and sharing! The more they understand at an early age, the better equipped they’ll be to make wise financial decisions later.