It is easy to think that you’re too poor to have a budget, or maybe you just don’t think you make enough money so of course you’re in debt. It doesn’t have to be that way. Using a few extra steps you can budget even when you’re broke.
Have you ever felt constrained by your budget? Probably, and that is a normal feeling. The best thing to do about that is to have some fund money set aside to help you stay on course. Here’s why…
How much should I spend on food each month? That is a hard question to answer, so let’s simplify it.
Depending on who you are $40,000 a year can sound like a lot of very little money. So what is it? Is $40,000 a year good money? In a way yes, but…
The actual problem is not how much I spend at Costco each month. It’s that I always forgot that my yearly membership needs to be renewed every January. And that was not in the budget.
Traditionally, the first step to becoming financially secure is to create a budget. But is a budget enough to get you there? Honestly, budgeting is a great tool, but so is a diet and we all know how those work out. Find out the right way to budget.
How to get started investing can seem daunting. Not anymore. This page covers investing 100.5 (because investing 101 seemed to hard). Understand basically what a 401k, 403b, IRA, ROTH 401k, and more are in just minutes.
If you’ve followed Dave Ramsey’s baby steps, or you are debt free you may be asking what next? Now is the time to move from being financially secure to becoming financially independent. Here’s how you get started.
Personal finances definitions on a range of topics from Assets to Investing to Taxes. Assets: Things that put money into your pocket every month (or year). Sometimes equity in your house is also included as an asset, but I prefer not to include it. A car loses value every year (depreciates) so it is NOT an asset.
Having money invested or owning a home is useless unless you can handle an emergency. An emergency fund or a rainy day fund will help you feel more secure with your money. Here’s how to build one.