Category Archives: Managing Money

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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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 To Think About Before Declaring Bankruptcy

When you feel like you can’t pay your bills, the pressure is enormous; we’re all been there. Sometimes the pressure is so great that you don’t know what to do or where to start, so you don’t do anything. Trust me, that’s the worst thing you could ever do.

Bankruptcy
Natloans via Compfight

At some point, when all seems hopeless, maybe you start thinking about bankruptcy. This can be a way of starting over, but bankruptcy of today isn’t like it used to be. You don’t always get everything taken care of; there are still some things you’re liable for, such as student loans and taxes. You also have to deal with that 7-year period of limbo, in some cases 10 years, where your life is pretty much on hold if you want to buy something but need credit to help you out.
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Figuring Out Your Credit Card Debt

It’s been a while since we wrote about budgeting and credit cards. It’s time to reinforce the importance of understanding each of these and learning how to use your knowledge to either get control of credit cards or totally eliminate your credit card debt.

Mission24: NUMBERS

killerturnip via Compfight

Before you decide to take action on your debt you need to know what it is. Whether it’s doing some kind of debt consolidation or filing bankruptcy, you need to know what your expenses and income is to first find out if you’re in real financial trouble or just need to get a handle on your spending.
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Dangers Of Creating Joint Accounts

Almost every organization, business and regular people rely on their checking accounts. Most of them end up having someone else have access to those account for one reason or another.

Kai Pilger from Pixabay

For businesses and organizations, the idea is to have more than one person who can sign for things in case of an emergency. Sometimes it’s to have a second person sign before certain dollar amounts can be approved or allowed to be paid.
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