Living for today - Planning for Tomorrow
“How much should I save for emergencies?” That is a question I hear frequently in the personal finance world. There is no one-size-fits-all answer, but saving too little for emergencies is a dangerous risk you’d do well to avoid. Even the best and most disciplined financial gurus say so. In this article, I interviewed Emilie Burke, a personal finance, career, and wellness blogger at BurkeDoes.com.
Money is the #1 cause of stress in a relationship, according to a survey released by SunTrust Bank. Divorces occur every day due to money fights in marriage. Since money will be a part of every relationship, throughout its entirety, let’s install a solid defense system against those damaging phrases that could ignite conflict. Instead of sharing what you could say to your significant other about
Ever play Angry Birds? There is something so gratifying about watching those pudgy birds smash into a crumbling fortress, isn’t there? That got me thinking, it’s too bad debt payoff strategies can’t be as effective. Or can they? Not everyone can light some TNT under their tower of debt and incinerate it. Now that would be a popular app. It takes much more time, patience, and hard work
It’s easy to equate material goods with comfort, success, and even happiness. Commercials excel at that message. So much so, that living on a tight budget can often be viewed as a life-draining affliction, preventing you to live the life you truly want. Then, there are those moments when your 2-year-old loses all interest in his new birthday present and rolls around in the cardboard
My debt free journey looked very similar to a mudslide until 2011. I was recently married and a graduate of Financial Peace University. The tools in that class helped my husband and I gain traction, change some habits, live on less, and pay off debt faster. In November of 2012, we conquered our final credit card payment and stared at one another in shock. “Did
Losing a job is ranked among the top 10 most stressful things a person can face, according to the Holmes and Rahe Stress scale. With that in mind, is it even possible to prepare for a loss of income in order to lessen the stress it’s sure to cause? Yes. Whether you face a sudden or expected loss of income, there are steps you can
We all learn differently. Some learn best through the visual world; some thrive on a spoken word. Then there are others who enjoy parables or fables that weave a life lesson into a tapestry of story. Since you are kind enough to grace this blog post with your presence today, I have a hunch that you read books, too. I also have a hunch
After becoming a mom, everybody wanted my money. When I opened my mailbox, a thick Pottery Barn catalog spilled out, offering chandeliers and plush rugs for my baby’s nursery. When I logged onto Facebook, ads for Target and Babies R’ Us lined the side of my screen. How on earth was I to know which one was the best store for new moms? The answer comes through
Recently, I wrote about several apps that pay you money. Now I’m back to talk about apps that track your spending. Before I delve into the list, I think it’s important to distinguish the difference between tracking your money and budgeting your money. I used to think they were one in the same. Anything was better than winging it. That may be true, but I don’t believe a
Do you use a monthly cash flow plan? Most people call it a budget, but that often leaves a bad taste in people’s mouths (mine included). Terminology aside, do you think it helps or hinders your money? Here’s why this matters so much to me. I spent the first half of my twenties avoiding a monthly cash flow plan, feeling it went against my freely
