The Blog Of TL Wall Accounting

4 Ways To Conquer Your Money Fears

Is there anything more scary than not having enough money for the things you need to take care of? Whether it’s food, bills, clothing, kids, other things, it’s a frightening proposition when you can’t figure out if you have enough money or, worse yet, don’t have a job or work in a career where you work from project to project.

Riches
Sheila Sund via Compfight

Even though we have a fairly thriving business, nothing’s ever guaranteed. Even rich people worry about downturns in income depending on how they generate their income and spend it. Very few people in the world have unlimited money, and there comes that “push to shove” moment where we all need to get going, otherwise things might get cramped.
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Should You Get A Part Time Job?

One of the main themes on this blog is helping to advise people on how to be more fiscally responsible. We talk about budgeting often because we don’t believe anyone can get ahead and feel secure with their financial situation long term without knowing how much money they’re bringing in, how much is going to bills, how much is being put away and how much is left to begin thinking about other things you might want to buy.


by Free-Photos from Pixabay

Sometimes people wait too long to get financial counseling, and then they discover they’re making less than what their bills are costing them, or barely breaking even. This leaves people with 5 basic choices for getting out of trouble:
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5 Monetary Consideration About Eating When Working Out Of Town

Some of our clients are independent consultants, and sometimes have to be out of town for a week or more for their work. Some have the options of fixing meals in their rooms, while others are eating out every single night.

road food
Supposedly chicken & dumplings;
see any chicken?

It seems like a glamorous life to those who work close to home, but it’s a tough way to live for a long time. It takes a lot of discipline and a recognition that you’re not in total control, thus there are many things to get used to living such a life. Here’s 5 things to help get you thinking about food and money in a different light while you’re working on the road.
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5 Things Small Businesses Need To Purchase At The Start

When anyone starts working for themselves, they go in thinking they need the same office supplies they had where they used to work. We purchase things in volume, things such as pens and pencils, staples, notepads, and paper clips, along with a lot of other junk.

Portrait by Jonathan Worth 1, credit Jonathan Worth, link to http://jonathanworth.com
Cory Doctorow via Compfight

Years later I still had almost all of that stuff because, it turns out, very few small or independent businesses need things like that. It might make sense to buy one of each of those things just in case but buying in bulk as I did… stupid move.
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How Much Money Do You Need For Your Retirement?

Few of us wants to think about our future; we want to live for the here and now. However, the here and now is what we need to think about because we’ll find the future upon us quicker than we were expecting it to be. Suddenly we might find ourselves not having enough money to live on, let alone in comfort, or at least in the manner we were living when we were earning our money.


Pedro Figueiredo via Compfight

There was a report on our local news stating that most people who retire and had set up a 401K savings plan don’t have close to enough money to live the life they’re used to living. The average comes in around $149,000, which sounds like a lot of money until you think about just how long you might have to live off it.
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