How to stop overspending and create the financial life you dream of. Stop trying to impess others with these tips on saving money. Live for your future.
On top of short-term loans, here are some strategies and tools to manage your family budget even as life is at its most demanding.
How to stop overspending and create the financial life you dream of. Stop trying to impess others with these tips on saving money. Live for your future.
People are now realizing the need to stay at home with the kids and only live on one income. Learn how to take control and stay on top of your finances.
Bad money habits can keep you trapped in a cycle of poverty. Watch out for these 10 common money habits that may be holding you back from financial success. Break free from these money mistakes and replace them with positive practices for a brighter future.
This week I have an awesome guest post from Sam Jefferies, a UK personal finance blogger who writes over at Money Nest. I love this take on hidden wealth destroyers. How many of these major money mistakes are
Do you want to make a budget but don't know where to start? Learn how to make a budget that works -- even when you're clueless about budgeting.
Your finances do not have to be an uphill battle. Managing your money does not have to be a constant fight like a child on the playground struggling to get up the slide backwards.
Financial independence for women means having the right mindset and making smart decisions. Read more to take charge of your finances today.
“Women, on average, are expected to live 5 years longer than men, but accumulate over $100,000 less wealth.” Stanford Center on Longevity The gender wage gap, time spent outside of the workforce in order to provide care to children or other family members, and lower lifetime savings are common […]
Opening an IRA and starting to invest for retirement is easy! Yet many are intimidated by it. Learn how to open an IRA in minutes today.
5 Simple Rules for Successful Saving: Learn how to prioritize yourself, create a budget, and set clear goals to achieve financial stability.
Enjoy valuable frugal living tips to maximize savings and financial efficiency. Learn how to budget wisely, embrace DIY solutions, and more.
Feeling overwhelmed? Limit your mental load with these tried & true tips that'll help you take back control of your life!
These five divorce myths can negatively impact your financial and mental wellbeing around your divorce. Discover why these are myths and the truth instead.
Ever find it hard to stick to a budget? You're not alone! Give these super simple budgeting tips a try and improve your budgeting habits for good.
“Women, on average, are expected to live 5 years longer than men, but accumulate over $100,000 less wealth.” Stanford Center on Longevity The gender wage gap, time spent outside of the workforce in order to provide care to children or other family members, and lower lifetime savings are common […]
The accounts receivable control account or sales ledger control account is part of the general ledger and allows detailed subsidiary ledgers to be used.
We a couple choses to spend their life together they also choose to accept financial responsibility for each other. It it therefore, really important to talk about your finances. Having financial conversations from the beginning of the relationship and continuing them throughout are important to the stability of your relationship. This is especially important as money troubles as the leading reason for divorce in the USA. These conversations don't need to be super formal and try to avoid making them inquisitorial. What is important is that you both feel comfortable to share honestly. We know it can be super awkward but it will truly bring you together. When you first start talking about money early on in the relationship keep it simple are not overly personal. Perhaps just ask about opinions on investing, when do you want to retire etc. As you begin to be more open it is then it better to talk about more specifics and even progress to doing a regular meeting that can involve a monthly budget. Try to not be critical towards each other but help each other grow and develop financial sensibility. C and I advocate the value of having shared finances, through combining finances it helps to remove the individualistic attitudes associated with money and makes you think of your partner and your goals as a couple when making money decisions. Shared finances does not automatically mean that you have all shared account but it can be very useful to have at least the main current account (where the bills are paid) is shared. Below are some of the topics we recommend talking about: 1. Financial liabilities. Discuss what debts do you have, credit cards, student loans, car loan etc. Also talk about how much you have and who your creditors are. Its also a good idea to talk about how much monthly payments are and how your progress is with paying off the debt including the method you are using (debt snowball or avalanche). It is also good to talk about what debt you've had in the past as these experiences shape how we deal with our finances. 2. Financial assets. Got an emergency fund, savings, a home?. Discuss what assets you have and remember these will become joint upon marriage. Let your partner know where you keep these accounts (i.e with which bank) and the types of accounts you hold along with the balances. We choose to use a savings spreadsheet to manage our net-worth and allows us to keep track of our various accounts. 3. Financial goals. It is important to create short and long term goals as a couple. This is needed so that you can shift from an individualistic approach towards money. It is important that you are both on the same page with your goals as this will guide your spending and investment. Talk about your attitudes, do you prefer to spend a high proportion of your income or are you keen on making savings a priority. This will help you to determine what 'finical success' means for you. When making financial goals it helps to discuss the lifestyle you want to live, for example do you expect to take regular holidays, send children to private school etc. It can also be useful talk about your parents attitudes to money as these have a huge impact on how you deal with money and set finical goals. It will also help you to understand each other's perspectives towards money. 4. How are you going to spend. It is important to talk about how you are going to spend you money. Do you want to use cash primarily, debit card or credit card. The all have their pros and cons but it is important that you are comfortable with the method you use. It is also important to discuss how money will be budgeted and assigned. Will one person carry the cash for food if they always do the food shop. Who is going to keep an eye on the balance, the bill payments. Often one person will have a tendency to take a lead with the finances but its important that is a unanimous decision as to prevent the other partner feeling resentful. 5. Learning from each other. Neither one of you are perfect, nor will you know everything about money. You will both have your strengths and weaknesses in you knowledge, so share what you know and ask for help in areas you don't know. Remember that you have both had different experiences and these shape how people manage money. 6. Agree on risk. When you decide to invest your money discuss the level of risk and whether you both agree on this being an acceptable level of risk. It is not uncommon to have one person more willing to take risk than the other, so be prepared to make a compromise. The level of risk you are willing to take will be heavily influenced by your lifestyles. 7. Retirement Discuss your plans for retirement, what pension schemes are you paying into. Are you making the most of employer matching? How much do you collectively want to save and when do you plan on retiring. Let these answers guide how you prepare for retirement now. How do you and your partner discuss finances?
If you're a mom who wants to learn how to manage your money, you need this episode from Chelsea Brennan of Smart Money Mamas!
The cost of everything is on the rise and inflation is real. Learn how to protect your family from inflation and have more money!
This week I have an awesome guest post from Sam Jefferies, a UK personal finance blogger who writes over at Money Nest. I love this take on hidden wealth destroyers. How many of these major money mistakes are
No MLM marketing, no sales. Check out this method of making money from home. On your own time, with your own schedule!
Looking for the best frugal living tips for 2024? Want to save money for the future and enjoy your life in the present? If so, keep reading. Here are 50 tips on how to live frugally! Learn everything from saving money at home to managing debt, and more! Are you looking for ways on how to
Feeling financially hopeless? Wondering how to get control of your finances? Check out these 10 ways to improve your financial situation today!
Enjoy valuable frugal living tips to maximize savings and financial efficiency. Learn how to budget wisely, embrace DIY solutions, and more.
This post may contain affiliate links. Please read our disclosure for more info. Now that the holidays are behind us, I’ve been working like crazy around the house to get all of our glorious…
Say hello to your new bold and brazen life. Learn more about who you are, how to put yourself first, and how to take control of your life.
7steps To Financial Peace 💰💸
A SWOT analysis helps identify strengths, weaknesses, opportunities, and threats. Here’s a step-by-step guide to SWOT analysis, along with examples and templates.
Tracking savings is about plotting future transactions required for turning dreams into reality. This money saving tracker approach takes a wish and creates the line items to make it into a plan.
Becoming a private tutor is a great job option for university students. It is flexible, you manage your hours, for anyone looking to go into teaching it is also great experience. Depending on your qualifications you could earn £15 - 30 per hour depending on your experience. If you have academic knowledge, good communication skills and lots of patience then tutoring may be the job for you. How much should I charge? There are a few factors to consider for how much you should be charging. The first is your experience, do you have a undergraduate, postgraduate or PhD in this subject (the price should increase respectively) and do you have previous teaching experience of this subject. Secondly you will want to think about transportation costs if you go to the student. However, don't forget Tutoring doesn't just have to be face-to-face. There is an increasing demand for Skype tutors (allowing you to cut down on the cost of transportation and increase profits). But if you are tutoring face-to-face you are going to want to determine if you go to the student or if they come to you. What should it tutor? In the U.K. demand is primarily for 11+, common entrance exams, GCSE and A-levels tutoring. Try to think about which exam systems you have experience with (and success in) and focus upon teaching these areas.In addition, it is often easiest and most appropriate to tutor in a subject directly or closely related to your degree subject (I.E maths and physics for those studying engineering) as this demonstrates a higher level of understanding in this subject than your student is required to learn. If you speak another language fluently or play a musical instrument to a high level (typically at least grade 8) then you might want to consider tutoring in these areas and these also present lucrative tutoring opportunities. When tutoring you will want to be aware of what exam board the student is studying for and be familiar with the specifications of that exam board in order to tailor the tutoring to their needs. Be sure to brush up on the course syllabus before you start tutoring so you can provide the best quality service possible. How to advertise? Websites such as GumTree or other local listing sites are a great place to start. Beckie had a flatmate in her first year of university who found maths tutees this way very successfully. Whilst tutor specific sites such as First Tutors Word of mouth is also a great option. Ask family and friends if they know anyone who needs tuition. Once you start to get tutees encourage them to share your services with their friends (perhaps offer a referral discount) as this is a great way to gain new clients. Creating a Facebook page or website to advertise your tutoring services is another great way to share your tutoring services and adds a level of professionalism. Reaching out to schools. Putting up flyers at schools (or university) is another great way to reach out to potential students. Just make sure to get the necessary permission first. Have you worked as a tutor? What are your experiences of it as a part time job. ______________________________________________________ If you are new to our blog, we are all about finding new ways for students and millennials to make and save money. Here are some of our favourite sites and products to help you out: Start a blog. Blogging is our side-hustle just over a year ago we didn't think I would bring us any income . You can create your own blog here with my easy-to-use tutorial. You can start your blog for as low as $3.49 per month plus you get a free domain if you sign-up through my tutorial. Save money with gift cards Whether its for buying clothes, your weekly shop or dining out use Zeek (get £5 free with this link) to buy discounted gift cards to get more bang for your buck. Use Swagbucks for your online searches. Swagbucks is a passive way to earn gift cards. Over the course of a year you could earn $500. Swagbucks is just like using Google to do your online searches, except you get rewarded “points called SB” for the things you do through their website. Then, when you have enough Swagbucks, you can redeem them for cash, gift cards, and more. Receive $5 for signing up today. Try matched betting. Matched betting is a great way to may easy money online. Despite the name it is not gambling and could see you earn £500-£1000 a month for only a couple of hours work a day see here and here. For your free trial head to profit accumulator or join the Facebook 'getting started' group. Sign up for a cashback site like Quidco. where you can earn CASH BACK for just spending like how you normally would online. The service is free too! Plus, when you sign up through my link, you also receive a free £10 bonus! *This post contains affiliate links, all opinions are our own*
Luby believes in finding cheap, simple solutions to health problems that kill children in poor nations like Pakistan and Bangladesh.
Americans seem to love debt. So much so that the typical American incurs debt at almost every stage of life, from the teenage years to the final years.
What does the CFO want from the Financial Controller? The CFO has high expectations from the financial controller, which may seem like a challenging task to…
We can all learn a thing or two about money. And if you can avoid these money mistakes, you could save an extra million dollars.
