We talk budgets all the time because things come up that we all suddenly need money for. Just last week one of our clients needed to pay for a quick airplane ticket and if he hadn’t had the extra $1,000 available, even if it left his account depleted, he’d have had some real problems.
Suffice it to say, most of us live paycheck to paycheck. If we budget at all, it’s to make sure we can pay the bills we currently have, buy food and maybe partake in a bit of entertainment. And yet danger is always lurking around the corner. Thus, these 4 things you probably need to think about:
Continue reading 4 Important Things You Should Be Budgeting For
Years ago we bought something that was a want but not a need. We thought it would bring joy and health to the family, but it never worked properly. Within six months we decided the monthly expense wasn’t worth it and we got rid of it; it was a nice dream but we didn’t receive any benefits from it.
duncan c via Compfight
Once it was gone we thought about what we might get next with the money we weren’t spending on the useless item. Instead, we decided to go the smart route and use the money to pay down more of our debt.
Continue reading Paying Down Debt Is Essential To Your Financial Health
It never hurts to start thinking about your financial comfort. The beginning of the year is a great time to do it, even though any time you decide to do it is also a great time.
It’s in that vein that we give some general tips on financial planning, spending, budgeting, taxes, or other things that, because 2014 is right around the corner, is a good way to start planning for your financial future, or addressing some things in your past. We don’t call these resolutions because we’re not trying to change you just to change you. We hope to make you think about some financial aspects of your life and how you can feel more comfortable with just a few changes; okay, 7 changes. Here they are:
Continue reading 7 Ways To Start The New Year Off Right Financially
There are different types of financial counseling one might needy. The truth is most people need financial counseling in one way or another, sometimes multiple ways. Whether it’s to make money or save money or not get penalized because of how the money is used, it can help to speak to a professional.
Does that make sense? If not, don’t get discouraged. We’re offering 5 reasons why you might need financial counseling, and what type of counseling you might need.
Continue reading 5 Reasons Why You Might Need Financial Counseling
How well do you track your spending habits?
We ask that question because a great number of people have absolutely no idea how or where they spend their money. This ends up with folks looking at their bank statements wondering where their money went, and sometimes leads them to either overdraw on their bank accounts or go over the limit on their credit cards.
Why is this important? Because while the Justice Department shows that the number of bankruptcies decreased 5 years in a row between 2010 and 2015, Nerd Wallet shows that overall personal debt has increased over at least 12 years.
Continue reading Tracking Your Spending For Your Financial Health