Budgeting and investing and hoping to win the lottery are all ways you can get rich, but if you want to be truly successful then you can’t just hope that you finances will improve. You have to spend less than you earn.
According to the IRS there are two categories your money falls into. Earned income and unearned income. As it turns out, how you get your money matters…a lot. so here are the differences between unearned income and earned income.
Mortgage insurance premium or private mortgage insurance, what is the difference between MIP and PMI? There are a lot of questions about PMI and MIP find your answers to all of these questions here.
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…
Disclaimer: The statements made in this post are the opinion of the author. They should not be viewed as financial advice. Please consult with a financial specialist before making any financial decisions.This post may contain affiliate links, meaning I’ll receive commission at no extra cost to you for your purchase.* I’ll be honest, as aContinue reading “How Much “Oh Crap” Money Do You Need?”
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…
Sometimes we overspend, and we feel guilty for not following our budget. Here is what to do when you have a bad finance month and why you don’t have to feel bad but also how you can change.
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.