One of the most common questions I get as a budgeting coach is if people should save money when they have debt. There is no “one size fits all” answer. Every person’s situation is different. One person may be able to afford to save and pay off debt, while another person may not be able […]
Should You Save Money When You Have Debt? Read More »
A sinking fund is a strategic way to save for something specific. You create an account or have a cash envelop dedicated to that fund, and you save until you have what you need for your purchase! Sinking funds are a great way to categorize your savings, have what you need for future expenses, and
10 Sinking Funds to Include in Your Budget Read More »
Over the past decade, I’ve come to a very specific realization. That realization is that I want to travel the world. I want to see everything this planet has to offer. I don’t discriminate where I want to go. I want to see it all. Not everyone may be as passionate about travel as I
5 Reasons to Save for Travel Read More »
When it comes to your financial situation, it’s important to set goals and keep tabs on your progress along the way. If you aren’t setting goals, then what are you really working towards? And, if you aren’t keeping tabs on your progress, how do you know if you will actually reach your goals? The ability
May 2020 Money Pulse Check Read More »
According to a CNBC study, Americans save less than 5% of their disposable income – the income that’s left over after all of their bills and responsibilities are covered. Saving less than 5% likely means your savings could be feeling a little dry. What about expenses you know are coming? Things like birthdays, Christmas, the
The Skinny on Sinking Funds Read More »
Ahh, goals. There’s nothing like setting a goal and then achieving it. I know this from firsthand experiences. At the beginning of last year, I set a goal for my business that I wasn’t quite sure how I’d reach. I put a game plan in place to do the right things to reach the goal.
6 Easy Tips to Keep Your Goals Front and Center Read More »
There’s nothing like an organized life. I’m talking an organized home, an organized office, organized finances and overall organization as a part of your everyday life. We’ve all been exposed to clutter and can instantly feel the effects. I know I’ve walked into my house after a long day at work and after seeing a
5 Ways to Track and Organize Your Spending Read More »
According to a 2017 MarketWatch report, about 49% of Americans are “concerned, anxious or fearful about their current financial wellbeing”. For a budget coach like me, that’s alarming! The reality is that everyone can have peace in their finances. It all boils down to how well you manage the money you make. If you’re not
How to Complete Your Financial Health Assessment Read More »
According to Dictionary.com, “automation” is the technique, method, or system of operating or controlling a process by highly automatic means, as by electronic devices, reducing human intervention to a minimum. In layman’s terms, automation means you set up a system to run automatically, taking out the need for consistent, manual actions. Automation can be set
Automate Your Finances in 5 Steps Read More »
