Being organized is a key part of being able to manage your money successfully. It took me a while to figure that out but once I did, I was much more efficient at knowing my money position at any time and easily able to find and update important financial information. Essentially, I implemented a money…
How important is financial stability to you? What drastic measures have you taken to ensure you are financially stable? Would you end your relationship if you found out your significant other was deep in debt? In an article, a future bride postponed her wedding until her fiancé paid off his debt and improved his credit…
When times are tough or uncertain, switching to a bare bones budget can extend your ability to manage through the uncertainty. A bare bones budget is a streamlined version of your original budget that only includes the minimum to run the household and meet your financial obligations. The pandemic has brought about the need for…
In the summer I try to keep the cooking in the kitchen to a minimum, to cut down on the heat 😊 and I really enjoy grilling. Living in the Midwest, we don’t cook outside year-round (although I’ve seen a few people out cooking with snow on the ground). When I have a taste for…
With COVID-19 pushing things to contactless, is it time for the cash envelope strategy to switch to digital? If you’re wondering what the cash envelope strategy is, it is simply a way to manage your budget using cash. You set your budget limit, withdraw the cash from your account, and put it in an envelope…
How many bank accounts does your family have? HINT: If you’re working towards creating that solid foundation to build wealth, you will definitely need more than 1. Multiple bank accounts are needed because each bank account serves a different purpose. Having everything in one account can cause money chaos and could lead to coming up…
I’m sure we have all made mistakes at some point when it comes to our finances. I like to tell everyone I’ve tried everything that you shouldn’t do when it comes to managing money. Hey, the truth is the truth. When it comes to debt, there are a few mistakes that can really limit your…
If I had a dollar every time I heard someone say “If only I made more money, things would be different.”, I would be rich, literally. But let me let you in on a little secret, if you can’t manage what you currently have you definitely can’t manage more. I’d also be rich if i…
Ever had a “small” discussion with your significant other about money that was stressful? Relationships by themselves take work, combine that with managing money and let’s just say, it can take up the work a notch or two. Why? Because we all have DIFFERENT FINANCIAL DNA, so we are not going to always agree, at…
Money is such a sensitive topic EVEN among family. I’m not sure why we struggle so much with talking about money since it’s a necessary part of life. Now a little transparency here, I haven’t always been enthusiastic about a money conversation BUT I knew I needed to change that behavior especially in trying to…
