Spring is the time of year when everyone starts shaking off the Winter dust and preparing for the change in season. We update our closets to our Spring wardrobe and change out our home décor to reflect the season. But did you know that you should also prepare your finances for the Spring? This change…
How often do you grocery shop? Do you have a regular schedule that you follow– every week, 2 weeks or once a month? Or do you wait until you are close to being out of everything? No matter what your grocery routine is it could be costing you. Personally, I wait until everything…
We are all uniquely made, from our physical features to our personalities. Our physical features are based on our genes and our personalities are based on our childhood, experiences and beliefs. There is no difference when it comes to our money personality, it is based on our childhood, experiences and beliefs. Our money personalities tend…
There are different tools to track and manage your budget and I’ve just about tried them all. When deciding on which tool to use to manage your budget, it is important to consider the following factors: Ease of use Adaptability Convenience To be consistent with budgeting, the tool needs to be easy to use, adapt…
We ALL fall out of sync with our financial goals from time to time and it is mainly because we start being inconsistent. Consistency is key in all things that take time. Getting off track happens, there’s no need to panic. (Unless of course you are ALWAYS falling off track.) When you find yourself off…
Budgeting is a main component of your financial plan. It helps you to allocate your financial resources according to your financial goals. The general idea of a budget is to use your income to take care of your expenses and help you achieve your financial goals. It seems really simple, right? Well there are a…
Do you know how your financial health rates? If you don’t, it’s time that you find out. Financial health is just as important as physical health. In fact your financial health could be impacting your physical health. Worrying about your finances or not being in the best financial health, can lead to stress, depression and…
Are you among the taxpayers that get a tax refund every year? It’s amazing how excited people get when they find out they are getting a tax refund. Don’t get me wrong getting a lump sum of money is ALWAYS a good thing, as long as you use it wisely. But when it comes to…
Does your financial plan include insurance? If not, it should. What type of insurance you ask? It depends on your individual needs and goals. Before we get to specific types of insurance, let’s talk about why insurance should be a part of your financial plan. It’s simple; insurance is financial protection against an unexpected or…
Recently a survey showed that 2/3 of Americans can’t pass a basic financial literacy test. With personal finance being most critical in EVERYONE’S life, that number is astonishing. Before discussing solutions, let’s first take a look at what is driving the low financial literacy rate. Personal Finance is such a Taboo Topic For many personal…
