Why is it so easy to spend money?
It’s a month after the holiday season and looking at your credit card bill probably makes you cringe. All that money, gone. Sure it was to buy presents or go out to dinner with out-of-town guests or send your yearly holiday cards, but the amount still makes you feel hungover. Why is it so easy […]
Do you really need a budget?
Budgeting is one of the most mainstream topics of personal finance. If you search “How to get better with my money”, you’ll find that having a budget is the overwhelming answer according to financial experts on the internet. Of course, having a budget makes sense. To build wealth, you need to spend less than you […]
How to Prepare for a Recession?
Right now, we’re in the middle of some very stormy weather. Aside from our health concerns, our collective worry about the changing economic conditions has come to the forefront. Since we don’t know how long the stay-at-home order will be, we also don’t have a sense of how deep the economic impacts will be. One […]
Create a Personal Cash Flow Management System that Works for You!
It’s the end of the month: Do you know where your money is? If your answer is no, then you probably need to create a personal cash flow management system. Meaning, a system that effectively manages what you do with your money each month. I’m not just talking about having a spending plan, but a […]
The Real Purpose of A Personal Budget
Let’s be real: creating a personal budget is a total grind. Going through bank statements, tallying numbers, and owning up to how much you actually spend at Starbucks is not what most people consider a fun activity. And many times during the process, we lose track of why having a budget even matters! Despite the […]