When it comes to financial priorities there are many schools of thought, especially when it comes to whether to save or pay off debt first. The majority are of the thought that paying off debt should ALWAYS be first. I say, not so fast, I believe you must find a way to do BOTH. One…
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…
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 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…
How much time do you spend a month on your financial tasks (saving, paying bills etc.)? Do you contribute in consistent intervals and amounts to your savings account(s)? In the day and age of digital, why not combine automation and your financial tasks? Many of you already know that you can automate your savings (regular…
Do you have a savings strategy? Is your savings strategy working? If you answered no to either question then read on. Saving is an essential part of any financial plan, but all too often we don’t give savings top priority. I often hear, “I’ll start saving after I…
How a Change in my Financial Habits Allowed me to Save $125 a Week!
We all have them, habits, and they can be good or bad. In this case one of the habits I developed over the years wasn’t good for my finances! Believe it or not, there was a time when I wasn’t tracking the detail of my finances. At the time it seemed ok because I was able to…
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