The most important part of my career transition plan was the financial plan. As I mentioned in part 1 at that time, there were 2 incomes in the household. In most cases that would have been a good thing however we had become accustom to living on 2 incomes…. Now that I would be going…
As I began writing this, I realized there was going to be A LOT of information so I decided to make it a 3 part series. Sometimes to put yourself in a better position financially, you have to switch careers. Part 1– The Decision and Process Believe it or not, I haven’t always been in…
Always waiting on you next check to finish meeting your monthly obligations? Ever experienced more month than money left? You are probably experiencing the paycheck to paycheck cycle. The paycheck to paycheck cycle is when your expenses are equal to or more than your income. Know what? You are not alone. In a recent survey…
What would you do with a financial windfall? For clarification, by windfall I mean any unexpected money like a tax refund, bonus from work, inheritance or lottery. Would you splurge and treat yourself to something you’ve always wanted? Or would you put yourself in a better place financially? (Answer truthfully.) Your first impulse may be…
As we move towards 2017 it is important to start establishing or updating your routines now. Routines help to keep us on track and balanced. We probably all have some of the more standard routines–morning and night routine, a meal time routine and perhaps even an exercise routine. But do you have a routine for…
Where are your financial documents currently stored? Would you be able to locate them should you need to? Organized and properly stored financial documents are an important part of any money management system. Not being able to locate your financial documents when needed can be very costly. Take for instance not having a system to organize your mail as it…
Are you up at night wondering how you are going to tackle that pressing financial issue? Do you tense up or stress out when it comes to talking about or even thinking about your finances? Well you are not alone! According to Statisticbrain.com, money is the #2 cause of stress in the U.S. I read an article…
I recently read an article that said millennials will need to save $2 million dollars to live during retirement. Yes you read that correctly, $2 million! Their success in achieving this goal will be dependent on several things including their financial habits. Saving $2 million dollars will be no easy feat, but the key is…
