It’s that time of year again…back to school budgeting season. I know that families with kids can very well drop hundreds of dollars on sending their children back to school with the latest gear. That’s just not me. My budget is always pretty moderate since I know there are tons of other expenses that I’ll… Read more
Saving
How to Save Money in Almost Every Area of Your Life
While it’s great to focus on increasing your income when paying off debt, building wealth, and more, it’s also important to continue to make an effort to save the money you make. The two go hand in hand. If you’re used to spending your money, you may be wondering how to save more money every month…. Read more
How to Stop Living Paycheck to Paycheck Once and For All
Are you living paycheck to paycheck? You’re not alone. According to a Highland Solutions survey, more than 63% of Americans live paycheck to paycheck. According to this particular survey, the pandemic has increased the number of people who feel they are on a much tighter budget with even less room to spare. Unfortunately, this is… Read more
Why Do You Need a Full Emergency Fund?
Over the years, I heard a lot of people recommend that having a small emergency fund of $1,000 or so is enough. Personally, I’ve never felt comfortable with a baby emergency fund. While saving something is better than nothing, $1,000 is not enough for most people when a true emergency hits. Recently, I had to… Read more
The 50-30-20 Budget Plan: What Is It and How Does It Work?
Struggling to come up with your budget and actually stick to it each month? One of the easiest budgeting methods you can start with is the 50 30 20 plan. Also referred to as the 50-30-20 budget, this budgeting style proves that oftentimes less is more when it comes to overcoming the feeling of overwhelm… Read more
7 Expensive Habits That Are Hard To Break
Everyone has those spending habits that they need to kick. Outside of basic costs like rent, utilities, food, and clothing, there is always at least one cost that you would do well cut out completely. Whether it’s eating out too much, buying shoes that are too expensive to justify sacrificing gas money for, or not… Read more