The idea of saving money is somewhat paradoxical in both thought and practice. Like many things, making an effort to save money is easier said than done. However, there are a ton of guides available that will tell you it really IS that easy to set money aside, especially by
Saving money is hard. Yet it’s so important to have cash stocked away for emergencies, vacations, school, holidays, and retirement. A fun and effective way to start saving more and make it a habit is by starting a money saving challenge. What is a Money Saving Challenge? Simply put, a
One of our biggest budget expenditures is on food. In fact, it’s the third-largest expense for the average household, only preceded by housing and transportation. Most families spend an average of $681 per month on food, which equates to $8,169 per year. On average, that’s about 10% of your money
How much did you spend on groceries in the past week? Or how about at restaurants? If you can’t answer that question, I’d guess that you typically pay for purchases using a debit or credit card. Credit cards make spending money on the things we want and need extremely convenient.
An emergency fund is cash set aside for what I’ll call a rainy day. Times you’ll need to rely on these funds include: Medical expenses Home repairs Car repairs The loss of your job Your emergency fund is NOT an account to touch for a new tv. Or for a
The world is a changed place after COVID-19 and it’ll most likely be at least 6 months to a year before a vaccine is released. Even though the economy has improved since its low in March, there’s still a long road ahead. Lawmakers are searching for ways to address the
The best way to begin saving or save more is to start a savings plan. A savings plan is a self setup guide that is meant to improve your financial life. Starting a savings plan can be difficult and frustrating if you’re currently spending more than you earn. Don’t let