How well do you know your own finances? If you want your financial machine to run as efficiently as possible, there are some critical pieces of information you absolutely must know. Without that knowledge you run the risk of overspending, your investments can’t possibly be working for you as hard as they should be, and […]
We can all agree that living paycheck-to-paycheck is not an ideal situation. And it’s just as obvious that individuals doing this still need to save their money and build a financial cushion so they can finally feel secure. Unfortunately, the basic rules of saving money are simple but not easy – particularly if you’re already […]
Studies show you can get an effective workout in half the time by increasing the intensity: a 10-minute high-intensity circuit can potentially burn as many calories as a slow-paced 30-minute workout. As it turns out, we can apply this concept to finances as well. Few of us have hours to spend on money management (or […]
At first glance, saving money seems pretty generic. It’s not as complex as other financial processes like buying a house, figuring out the most efficient way to pay off debt, or filing income taxes. But when you dig into it a little more, you realize that how a person saves money says as much about […]
You’ve read all the financial gurus’ books. You set up a fancy spreadsheet to track your spending. You follow 20 personal finance blogs. You’ve even switched to a cash envelope system. Still, your budget just isn’t panning out. Sound familiar? When I first got serious about personal finance, I dedicated myself to following all of […]
One of the keys to saving money is cultivating the ability to delay gratification. Unfortunately, that’s easier said than done for many of us. Putting off pleasure today in anticipation of tomorrow’s needs doesn’t come naturally to many people. However, there are ways to overcome your natural inclinations and develop more thoughtful spending habits. Here […]
