Best Budgeting Tools for Smarter Money Management
Nearly all financial moves begin with the assumption that you understand where your money is going every month, and that means you need to have a system for money management. Budgeting isn’t always easy. Many don’t have a budget at all, and others have tried budgeting but have given up.
Where Does All Your Money Go?
If you can pay your bills every month, you may not feel like you need to create a budget. Many adults associate budgeting with deprivation and restrictions. However, budgeting is simply a way to understand where your money goes. When you create a budget, you set yourself up for financial success.
Overcoming Financial Anxiety
Financial anxiety is real and it can be paralyzing. You may feel physically sick when you think about the debt you have, the savings you don’t, or what would happen to your family if you lost your job. When you have anxiety, it’s easy to try and calm yourself by avoiding the situation, but that’s not going […]
What it Really Means if You Have Savings and Debt
Having a robust savings account feels good. Especially in these uncertain times it can be reassuring to know that you have money available if something, such as a job loss or a medical emergency, threatens your financial future. However, savings is only part of your financial picture. To truly assess your financial health, you need […]
Which Payment Type Can Help You Stick to a Budget?
Sticking to a budget isn’t always easy, and plenty of adults look for things that can help. Different apps, payment types, and cards may help you sort through the different methods and find the budgeting approach that you can stick to.
Budgeting Methods Financially Successful People Follow
Having a budget is important, but there are many budgeting methods out there, each with a following that swears that it’s the best one that will make you financially successful. While financially successful people almost always use budgeting methods, there are a variety of methods that can work for you. When you find the one that works […]
How Much Money Do You Need to Live Comfortably?
How much money do you need? How much per year? How much per month? What is a comfortable life and how much money do you need to get there? These are big questions you may find yourself asking when you are looking at your family’s finances. You may feel like you bring in a good […]
How to Avoid Overspending This Holiday Season
It’s extremely easy to overspend, especially this time of year. Following some simple budget guidelines can keep you from paying off holiday debt in the new year. With all the hustle and bustle it’s easy to lose track of how much money you are spending. If you have a habit of overindulging on yourself and others during […]
7 Mistakes to Avoid if You’re in Debt
In order to climb out of debt and get yourself to a more financially secure and stable future, it’s important to avoid common mistakes that can derail and postpone your progress. The decision to get out of debt can seem overwhelming and confusing, especially if you’re not totally sure how you got there in the first place.
How to Create a Budget You Can Follow
A budget is one of the most important financial tools you need. Whether you are just starting out, getting ready to purchase a home, getting ready for retirement, or anywhere in between, having a budget is your key to financial success. However, most people loathe the idea of budgeting. Everyone knows a budget is a good […]