Table of Contents 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. They also tend to promote higher spending for most people. That’s why a cash diet can be an incredible way to help you stick to your budget and save money. What Is a Cash Diet? A cash diet is a low card, high cash diet that involves almost completely eliminating your credit and debit cards. This reduction in cards puts your wallet into an enhanced state of
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
The most important step to understanding your finances and becoming ‘financially healthy’ is to create a budget. A budget will help identify and track your monthly debt payments, your splurge spending, and how much you can and are saving. If you’re spending more than you earn learning how to
Evaluating your financial health is vital to understanding where you stand and where you will and can be in the future. Having a clear understanding of your finances will help drive everyday decisions. Can I purchase a new car? A new home? Can I retire? Should I downsize my car/home?