For many of us today, debt is just a fact of life. It’s how we pay for just about everything from the homes we live in, to the cars we drive and even down to the small, day to day purchases like food, gas, that daily cup of coffee (or two, or three), etc. No […]
For some of us, giving is something we receive so much joy and satisfaction from almost even to a fault! Giving and putting groceries on a credit card for someone isn’t a gift. If we’re giving to a charitable cause or a fancy birthday present for a buddy and after that turning around to put […]
When it comes to guarding your credit, one of the most common ways is to check up on your credit reports. If you already didn’t know it, you are entitled to receive a copy of your credit report for free once a year. Once you’ve received your report you need to scan through it and […]
For setting financial goals, selecting a simple course of action that we could follow will guide us to financial success. First, we need to identify and write down our goals which will help us to visualize our dreams and desires. This may include saving to send kids to college, buying a brand-new car, a down […]
Goal setting is tough enough without adding the word finance into the mix. Many of us are often hesitant to tackle the job of setting financial goals, especially when it comes to the long-term goals that set us up for our financial future. It’s not fun, it’s not sexy…heck! It’s actually pretty boring, right?! Even […]
The idea of waiting for things to take place is almost inconceivable for many of us, especially when it comes to our financial future. After all, we know what we want and we want it now! That is the instant gratification mindset, which affects us in all different areas of our lives, not just our […]
Whichever strategy…or strategies we decide to utilize, will depend on our comfort level of risk and effort (how hands on we care to be). The important thing in all of this is getting all the information and/or help we need to educate ourselves enough to make the best decision based on our own individual desires. […]
The challenge as a young adult is seeing and understanding the value of time and compounding when it comes to our financial future. When we’re young, we have our whole life ahead of us to not have to worry about it now or we feel like we don’t have the extra money to save! Often […]
For most of us, caring for our finances is not an easy task! Easy availability of credit, high interest rates and a lack of understanding basic financial principals causing us to fall into bad money habits, which end up leaving the majority of us living deep in debt and way beyond our means. To better […]
A very common and effective strategy to pay off debt is the known as the debt snowball. Picture a snowball that starts off little as it rolls down a hill, but gets bigger as it continues rolling and turns into to a snow boulder as it builds momentum! That’s how the debt snowball method works. […]