Category: Budgeting

Is It Too Early to Start Saving for the Holidays?

Trick question. It’s never too early to start saving. With that in mind, here are some tips and strategies to help you build your holiday shopping nest egg. It’s almost spooky Halloween time which means it’s almost Thanksgiving time which means it’s almost time for both of those times to be ignored in favor of […]

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What Happens When You Bounce a Check?

For the most part, things that bounce are really fun. But when it comes to bouncing checks, there’s no fun in sight. Fall is underway! Sometimes when things fall, they land with a thud. But other times, they bounce, buddy! And one of those things that can bounce is a check. But what exactly does […]

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23 Reasons Why You’ll Always Be Broke

By ELYSSA KIRKHAM / GOBANKINGRATES May 6, 2016 Many Americans are clearly not experts at managing their own finances and end up broke month after month. The cycle of overspending leaves them poor, even if their income means they are considered well above the poverty line. A third of higher-income households — those that bring in […]

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Remember To Take Care of Yourself

Prioritizing is an important part of budgeting and money management. There are several choices you have to make and steps you have to take. It’s up to you to decide which step to take first. It’s also up to you to decide whether or not to follow the steps and order laid out by an […]

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Money Messages

Why do you value money the way you do? Why do you view it like you do? What does money mean to you? Have you ever thought about that? Whether or not you have thought about it, each of us sees money differently. But they way we view, value, and define money is usually broken […]

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The Illusion of Wealth

According to Merriam-Webster, illusion is defined as a misleading image presented to the vision or something that deceives or misleads intellectually. When it comes to money, many people are portraying an illusion. They are portraying an image that they have a lot of money and that everything is financially OK with them. You could never tell by […]

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It’s Never Too Late To Change

Usually when I do financial education seminars or classes most of the attendees are over 40 years old unless the seminar is specifically for students and/or a young audience. I have nothing against the older attendees because the information I present is relevant for all age groups. However, I wish more young people would attend […]

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The Key to Success

There are several strategies to pay down and to pay off debt, to manage your money, and to save your money. There is “Debt Stacking”, “Snowballing”, “Envelope Method”, “Paying Yourself First”, and many more. All of these methods have successful accounts of people becoming debt free and/or financially free. However, I would dare to say […]

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Avoid Embarrassment

One of the reasons bank customers with checking accounts are willing to pay an average of $33 every time they have an overdraft is because they want to avoid embarrassment. Of course, average means that some Overdraft Fees are higher (as much as $39) and some are lower (around $25). Either way, that is a […]

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Budgeting is Not a Money Diet

Budgeting, Debt Reduction, Spending Tracking, Saving, or Income Protection. Where do I begin my Money Management journey? All of these areas are very important steps in the process. In fact, they are all topics that I teach and review during workshops, seminars, and one on one coaching. However, I would argue that none of these […]

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