Managing your personal finances can be challenging, and the hardest step is to create a personal budget, build a savings account, and understand retirement plans. Improve your personal finances with these 11 actionable tips: #1 Change Is Hard- Be Willing To Change “To improve is to change; to be perfect is to change often” – Winston […]
Life is all about continuous change, and much of that change occurs in relationships with other people. Your relationships also have an impact on your personal finances. Consider how other people can impact your finances, and how you can take steps to prevent problems down the road. There are very few instances of life where […]
No one is good at everything. For many people, managing money is a struggle- but you can improve that skill, just like any other learned skill.
Cutting back on your expenses is a way to improve your personal finances, but you should consider other factors, such as spending alternatives and the impact on your lifestyle. When is a cutback on spending too much?
There’s a reason why they say they living with debt is one of the most stressful living conditions there is. It’s all consuming. You wake up, and you’re thinking about debt. You go to sleep, and you’re thinking about debt. It feels like a black hole from which you cannot- and will not- escape.
How much investing risk can you live with? Every investor needs to answer this question for themselves, because the answer will have a big impact the investments you select, and on your personal finances.
Two critical factors for improving your personal finances are debt management and your use of credit. Unfortunately, many consumers don’t get proper training in personal finance issues in school. When you were younger, you didn’t realize how important money would be in your life. You were taught tricky algebra problems, the geography of rocks and […]
Saving money where you can is a smart decision for your personal finances, but some purchases require you to spend more money- and for good reason. When you’re living paycheck to paycheck, cutting down costs and saving money where you can is a sensible decision. In fact, it’s an idea often recommended to people who […]
Financial freedom is often described as having both the time and the money to live life on your terms, and freedom over your personal finances can have several definitions: The ability to pay for an emergency using a savings account balance. If you’re considering a job change, financial freedom allows you to take time off […]
Before you take out your debit or credit card… Stop. Think carefully about your spending choices, and you can make huge improvements in your personal finances. We’ve all heard the sayings: