Living for today - Planning for Tomorrow
The end of the year is approaching, which always causes me to reflect on my finances. Lately I’ve been thinking about mistakes I’ve made with my money in 2023 and things I want to do differently going forward. Even as a personal finance writer, I still make financial blunders sometimes and waste my money. Here are four spending habits I regret that I plan to
There’s a popular personal finance philosophy called ‘buy it for life’ that involves buying high-end products in hopes that you’ll never have to replace them. Many people believe that this practice will save them money in the long run since they won’t have to repurchase things as often. I used to subscribe to this school of thought and buy the nicest products I could afford.
As a mother and an entrepreneur, I have a hard time finding that perfect balance between having chores my kids must do and paying them for chores. While I want them to be proud that they earned their own money for working hard I also don’t want them to expect that I pay them for every little thing that they do. Instead, I’ve got to
Mainstream media articles lead people to believe that having a child will cost hundreds of thousands of dollars – in my opinion, mostly for hype. While it’s very possible that parents could spend this amount of money on a child it’s completely unnecessary. I don’t make a lot of money. I have virtually no debt. I have managed to save an emergency fund of nearly
If you have gone car shopping, then you know those prices aren’t a joke. When most people factor in their income, they may feel like buying their dream car is impossible. Although it may sound difficult, it’s not impossible. With some perseverance and planning, you may soon be driving a new car to your garage. In this article, learn some money-saving tips to help you
Let’s face it, motorcycles are cool. However, don’t make the mistake of adding one to your budget without considering all the overall costs. If you jump on a motorcycle without knowing what you’re doing, it may cost you more than riding in a car ever could. Read on to learn more about the financial expenses associated with being a motorcycle owner. 1. Accidents Choosing a
It’s important for everyone to secure their finances and make sure that they’re safe from wastage by coming up with a budget. Sometimes, however, simply creating a budget may not be enough. This is especially the case when it comes to making big expenditures. To have a good outcome, it’s advisable for you to consult with an expert first. Read on to see three benefits
As a personal finance writer, my opinions about money and budgeting are always evolving. I read a lot of financial blogs and watch videos about saving money in my free time. Recently, I’ve become interested in no spend challenges. I participated in No Buy January and ended up loving the challenge so much that I want to continue through at least the end of February.
Now that the new year is finally here, you’re ready to tackle your resolutions and make 2023 your best year yet. However, your eagerness to keep your resolutions could cause you to overspend and bust your budget. According to a 2018 survey, 40% of people who made a New Year’s resolution spent between $100 and $500 to achieve it. About 14% of goal setters spent
No matter what you’re buying, a large purchase can be stressful. Sometimes they are fun as well, such as when you’re shopping for a vacation or a new car. Other times, it is an expense you would rather not deal with, but it is necessary. It is important not to be impulsive when you make a purchase that will hit your budget hard. Here are
