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…
When there is a reduction in income whether it is due to a job loss or reduction in hours, it can really take a toll on the family. Before we get into the financial aspect let’s consider the emotional and psychological impact job loss can have. Now is NOT the time to shy away from…
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…
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…
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…
I recently read an article where a couple felt that they were at the end of their financial rope and unfortunately they took drastic measures. Financial overwhelm is REAL, feeling like there is no hope is an unfortunate current reality for many people. A recent article showed that credit card debt in June surpassed levels…
Do you have personal finance rules that you live by? If not, why not? Other parts of your life are governed by rules, so why not your personal finances? Think about it rules are generally established to tell you what is and what is not acceptable. When it comes to your finances you should definitely…
How’s your emergency fund? Are you prepared for unexpected expenses? A recent survey revealed that >50% of Americans are NOT be able to cover a $400 emergency. There was a time when I too wasn’t able to cover an unexpected emergency and believe me emergencies did happen on more than one occasion. It was…
What does financial success mean for you? Is it the same as how I would define financial success? Maybe, maybe not. Financial success is defined differently for each individual, and that’s ok because we ALL have different goals. And those goals may change as we progress through life. No matter what our goals are, the…
