BUDGETING

How Often Are You Minding Your Money?

How Often Are You Minding Your Money?

A typical 30 day month has 5,040 hours in it. Our lives are consumed with many things during this time. Most people likely have jobs that take up most of their time, followed by hopefully sleep. Have you ever considered how much time you dedicate to managing your finances? I’m sure you allocate time to your personal care by going to the barbershop, hair salon, gym, massage parlor, dentist and even the doctor. Self care should be high on your list but what where does the management of finance rank on this list?

How To Avoid Going Broke This Holiday Season

How To Avoid Going Broke This Holiday Season

The holidays are fast approaching as November is now upon us. Retail stocks often rise during this time of year as the wallets and purses of most get lighter. I often caution people about overspending on gifts over the course of the holidays. We are accustomed to placing a high value on material possessions that often decrease in value immediately after purchase. I’d like to highlight a few ways to keep your finances in tact during this joyous time of the year.

Three Reasons You Can't Save Money

Three Reasons You Can't Save Money

The inability to save money is a top concern for many people today. It is leading cause for americans financial concerns. Part of this has to do with our mindsets as consumers. Our first thought is to acquire goods or services just because we have the money to do so, thanks largely to more than 5,000 ads that we see in a single day. Sadly the reason you are unable to save money is likely your own doing. When was the last time you really evaluated your spending habits?

Can I afford it?

Can I afford it?

What factors go into your decision making prior to you making any purchase? Does it come down to simply having enough cash to afford the item. Or does possessing the item trump your current financial circumstances because you’ve just got to have “it”? Deciding how to spend your money is one of the most important disciplines to maintain, as it is often put to the test.