As your income increases, it’s natural for your spending to go up. But when you secure a big promotion, it’s important not to let your purchasing habits get out of control. If you loosen your belt too much, you might end up neglecting your other financial goals like saving for retirement. To help you avoid lifestyle creep, here are four of my best tips. Save
What Are The Most Important Things to Save Up For?
Saving is a crucial part of your financial future. But we tend not to save just for the sake of saving (not that it would be bad if we did), instead, we have a tendency to save up for things that we want in our future or situations that we know we’ll require additional funds for. It’s hard to sit here and tell you what
How Can Laddering Help Protect Your Retirement Fund?
There are a few ways that you can protect your retirement so that you have enough cash to live the life you want after you’ve finished working. And one of those methods that people use is laddering. Laddering is a financial method that, in some cases, and if done properly, can help you mitigate risk and help you make smaller investment decisions instead of investing
5 Rules Of Thumb When Saving Money
Saving money can be a bit of a challenge, even for the best of us and especially when we’re in a strange situation like we are now. The good news is you can still work to pad your pot, even if it’s with small amounts but you’ll want to take into consideration these five rules of thumb when saving money. Keep Your Savings Separate The
How I’m Cutting My Expenses During This Pandemic
Many of us are struggling with bills now-a-days and unfortunately it doesn’t feel like there’s a lot we can do about it. The situation is out of our control, many of us are losing jobs and we’re feeling powerless about what is happening. But while there are a lot of things that really suck right now and the struggle can make us feel like we’re
How to Save $10000 in 2020
Would you like to save $10000? Let’s be honest who wouldn’t. It would be super nice to put that money towards debt, one of your savings goals or just away for a rainy day. But that’s a lot of money, so is it even possible? Of course it is, you can save $10000 in 2020. But it’s not going to be easy and you are
7 January Money Tips: Start Your Year Right
It’s a brand new year and that means it’s time to start your year off right. There are a ton of money tips out there, but here are seven that will help you get off on the right foot this January. Don’t Get a Gym Membership One of the priciest things people do in January is get a bunch of memberships. We want to change
Here’s How I Saved $600 Without Realizing It
When it comes down to it, $600 doesn’t seem like a particularly large number to have saved and that’s because it really isn’t. But if you aren’t expecting to find $600 and you need the money it could be a treasure trove. However, the point of this story isn’t that I saved $600 but how I did it without realizing it. The App Mylo
Remote Worker? You Might Be Eligible for These Home Office Tax Deduction Perks
If you’re a remote worker or someone who works out of your home, even if you don’t own your own company, chances are there are a few home office tax deduction expenses that you’re not taking advantage of. From a portion of your rent to part of your phone and internet bills, there are a ton of things that those who work from home have
How Much Should You Allocate To Your HSA?
Managing your personal finances is about more than just paying your monthly bills, there are short and long-term savings goals and health expenditures. That’s where a healthcare savings account or an “HSA” comes into play. What is an HSA? An HSA is just like any other savings account but the funds saved in it can only be used for healthcare expenditures. The medical and dental