Once you have created your budget, if you haven’t already, you will be able to see exactly how much you need to pay your bills at the very least. Budgets are the road map to your goals. It will show you your areas of opportunity so you can then decided how to spend your money. […]
Tag Archives: finances
7 Sinking Funds You Should Have
Sinking Fund: a fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset. In other words, a savings account for certain holidays or events you need money for. Everyone’s “savings” accounts will be for their own unique mixture of life. These are some examples of […]
8 Questions To Ask Yourself Before You Purchase
Question Everything Questioning yourself is a must in times like these. People are stuck at home everyday buying things online throwing their money away because they are bored. Here are some questions to ask yourself before making any major purchase for sure: Can I Really Afford It? Can you? If you can’t pay cash for […]
Dave Ramsey’s 7 Baby Steps for Your Budget
Baby Step #1: Save $1,000 for Unplanned Expenses I love this step. I always tell my clients to AT LEAST have $1,000 in their savings for emergencies. You SHOULD have 3-6 months worth of bill money saved as well to be very secure in your financial wellness. I personally, have a years worth of bill […]
Creative Ways to Increase Income
Know Your Worth Times are tough right now during a global pandemic and you are not the only one trying to increase your income. Know your worth. You are worthy of money. Repeat that to yourself right now. Just because times are tough now doesn’t mean they always will be. It is up to you […]
7 Budgeting Basics for Small Business Owners
Keep your small business finances out of your personal finances This one is huge! Co-mingling business and personal money may seem easier, but it can lead to complications down the road. Keep a record of your business expenses to take advantage of available tax benefits. It also can be risky to use personal money to […]
7 Principles For Financial Wellness
Strive to Thrive These are my 7 principles to live by in order to make your finances work for you. I follow these on a daily basis and it has brought so much awareness to my finances. I talk about these principles in all of my programs and educate my clients on how to implement […]
Debt Payoff Methods: 4 Strategies to Tackle Your Debt
Debt is a tricky thing and no one wants it but everyone has it because thats just what you have to do in order to have nice things. WRONG! First of all, we want to BE rich not LOOK rich so that mentality needs to check itself at the door. I’m a firm believer in […]
Financial Awakening
Here is how I started this whole financial wellness stuff… I am a third generation tax preparer and bookkeeper. I started in this business when I was around oh I don’t know… in the womb. I really started doing small stuff for my mom when I was maybe ten years old. She had me file […]