budget

The Broke Challenge Returns For the Start of 2018.

The Broke Challenge Returns For the Start of 2018.

Back in August we launched the first ever #Brokechallenge. The purpose was to get readers to boost their savings before summer 17’ came to a close. All it simply entailed was saving each $1 bill you came across throughout the duration of August. If you have not caught on to what I’m getting at, we will be bringing back the #Brokechallenge to start the year 2018.

Three Gifts Sure to Improve Your Finances This Holiday Season

Three Gifts Sure to Improve Your Finances This Holiday Season

The holidays create a massive surge in advertisements and promotion from companies in all industries. The gift giving season provides great opportunity for new products to land in the hands of consumers, as a result many new fancy electronics, toys, jewelry and clothing are being shoved in our faces constantly. Rarely do you see gifts of a different variety being promoted. What I mean are gifts that can fortify you financially instead of a gadget or designer jeans. When was the last time you heard someone brag about their new bank account? Below I detail three gift alternatives you may want to consider giving and or receiving as you continue your journey on financial betterment.  

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.

#BrokeChallenge Launches For The Month of August

#BrokeChallenge Launches For The Month of August

The number one reason people give for not saving money is the lack of room within their budget to do so. Here at “BROKE Finance” we urge readers to “live broke to build wealth”. The premise of my book, which you can purchase by clicking the link at the top of the page is to implement the principles of a Budget, Risk (invest capital), Opportunity (time value of money),  Keeping 10% of all income, Eliminate Debt and Establish credit. Following these six steps will put you on the path to financial prosperity.

5 Tips to Save Money on Your Vacation

5 Tips to Save Money on Your Vacation

The summertime is upon us and for many people that means sun, fun and relaxation in the form of vacationing. Do you have an annual vacation that you take with your loved ones? Maybe you travel to Walt Disney World, own a timeshare, or have a vacation property. There are many instances I come across, where people hurt their finances by taking an extravagant trip. This is the totally wrong approach. Here are five tips to save money while enjoying the summer season.