“Splurge or save”. This is a perpetual dilemma that entails deciding either to indulge in an extravagant purchase or just save money. As a rule, smart spending entails making deliberate choices in line with your financial objectives and principles. Financial freedom and security depend on the understanding of balancing splurging and savings. Splurge or save […]
Saving big on daily expenditures is much more than cutting sales coupons or waiting out for sales events. It’s all about living with purpose, spending consciously and carefully choosing what we truly need based on our financial objectives. Cutting down on unnecessary purchases and shopping in places where prices are lower. Smart money decisions we […]
When it comes to paying yourself first, the typical rule of thumb is to save at least 10% of your income. 10% is an ideal place to start and over time, if possible, gradually increase that amount. If 10% seems like too big of a stretch, then start with any percentage you’re comfortable with. Something […]
Saving money is the first step to financial freedom and unfortunately it’s something that many people struggle with. They struggle because they don’t have a plan for how to save and how much to save. The “how to” for saving comes from instilling the habit of paying yourself first. Once you come to realize “how”, […]