The holiday season brings with it giving, travel, family gatherings – and if you’re not careful – unwanted debt. Here are six tips to make the season stay bright in your memory, free of regrets.
budgeting
Protecting Yourself with a Financial Back-up Plan
By Lynnette Khalfani-Cox, The Money Coach®
As someone who has had her fair share of economic setbacks — including being in debt, going through a costly divorce and being downsized — I know from firsthand experience the importance of having a financial back-up plan.
Create a Financial Strategy for Budgeting and Saving
By Lynnette Khalfani-Cox, The Money Coach®
If budgeting and saving money seem like difficult tasks to conquer, perhaps the issue is that you’ve not yet created a financial strategy for achieving these goals. Here are some ideas to improve your savings, and make you a better budgeter, by creating a financial strategy that works for your lifestyle.
Planning a Beautiful Wedding on a Budget
By Lynnette Khalfani-Cox, The Money Coach®
Getting married can cost a small fortune these days, especially for couples walking down the aisle in the Golden State.
Money Tips When Your Income is Irregular
By Lynnette Khalfani-Cox, The Money Coach®
Sticking to a budget can be tough for anyone, but especially if your income is irregular. After all, the bills don’t stop just because your paycheck fluctuates or you’re only working during certain seasons. Continue reading
Best Ways to Save on a Summer Vacation
When you’re trying to stick with a budget it’s never too early to start planning for your summer vacation. And because it’s a supply-and-demand world, the longer you wait to plan the more likely you’ll be up against higher airfare, hotel costs and car rental rates. But here are some tips to help keep things affordable.
Workshop: Building a Better Budget
A budget is the most powerful tool available for establishing financial control. In this seminar, you’ll learn to identify short-, mid- and long-term goals, design a realistic spending plan to live within your means, and outline savings plans to reach your goals. You will also learn about different options available for getting out of debt, staying out of debt, and staying motivated.
Debt and Savings: How to Tackle Both
Erin Lowry writes Broke Millennial, a weekly blog designed to help members of “Generation Me” become fiscally responsible.
Dealing with debt can be an anxiety inducing experience. The notion of being able to save while struggling to make ends meet is simply laughable. How dare someone suggest you build an emergency savings fund, or contribute to retirement when student loans, rent and credit card bills already eat up more than 60% of your monthly income? Even though it feels hopeless, there actually is a path to balance the opposing forces of paying off debt and saving for the future. In fact, you can get there in just five steps.
SavvyMoney Minute: Fool Yourself into Saving More
If you can’t see it, and you can’t touch it, you won’t spend it. Why is saving money so tough? Because it means putting aside resources for tomorrow that you’re tempted to use today. And your brain, wired to hunt and gather right now, doesn’t like that. The solution? Mind games.
It’s a Money Thing: Budgeting Basics
Budgets: we all know we should have one, and we all know it’s a fairly simple thing to follow—at least in theory. We often map out budgets with the best of intentions, only to abandon them a couple of weeks later. If we design budgets that are too restrictive or too vague, there’s no motivation to follow them.