Understanding that no matter how much money you earn or have saved, it is never okay to waste money. Building wealth is about being self-aware.
Here is a list of subjects covered in this category: creating and maintaining a budget, saving money, and optimizing our spending.
Managing your income and how you spend money will give you an accurate financial picture. It isn’t about making us feel guilty about how we spend money. It is about being aware of what is going on so we can pursue our long-term goals. Creating an accurate, updated budget is challenging. You probably have multiple […]
Every day we make small purchases that can seem insignificant. Do these type of expenses have a significant impact on our budget? Is it worth cutting them?
Having an emergency fund can help us protect our financial future. We can’t predict the future, but we can be financially smart.
We all need food. Especially if you have a family, food expenses can take a big chunk from your budget. Groceries is one spending category that varies significantly from family to family, and there are simple techniques in cutting costs. Some families of four have a monthly grocery budget of $1,000/mo. Others can cut down […]
Budgeting allows aligning your spending with your hopes and dreams. It is really hard to know how you are doing and if you are on the right path unless you track your progress.