One of my favorite exercises at the beginning of a New Year is sitting down to reflect and set informed financial goals for my business and personal life. This month, I invite you to join me by analyzing your current spending and figuring out how to find extra money in your budget to reach this year’s goals.
Read MoreThink of all the words you’ve used to describe your budget. If the terms “complicated,” “confusing,” “time-consuming,” or “outdated” come to mind, that’s okay! You certainly aren’t alone. The truth is, budgets are hard. Not only do you have to set up all of your accounts and categorize your expenses, but you also have to monitor, analyze, and adjust your budget regularly to reflect your true spending needs and habits.
If you routinely fear that you’re running out of money or that you don’t have enough to bankroll your biggest priorities, then keep reading. While you might be struggling with budget problems right now, after reading this article you’ll be able to diagnose and amend your budget so you know where incoming money is going before it even arrives.
Let’s be honest, when it comes to building a profitable business, the learning curve is steep.
Navigating the new terrain will be easier if you focus on the right goals from the beginning. And one of the most important goals is to focus on is how profitable your business is.
Focusing on profitability will help to prevent your dreams from becoming a cash flow eating nightmare.
Read MoreIf you’re one of the lucky ones who continued to grow throughout the pandemic, you may find that your business has extra money in the budget as you’re doing your year-end financial reckoning. This can be a good opportunity to pay yourself more, increase the stability of the business, or invest back into the business.
It can also be a great opportunity to give back to your community and say thanks. If you’re feeling so inclined, here are six ideas for how to give thanks with extra money in your budget this year.
Read MoreRemember the old adage; businesses who fail to plan, plan to fail. By completing the steps in this year-end financial checklist, you can rest easy knowing that you’re creating a plan for success. You can’t improve what you haven’t measured, and this checklist will help you measure all the right things for year-end planning and improved forecasting.
Read MoreMay can be a season of change and chaos, but don’t let these seasonal expenses surprise you!
Read MoreThe average American family of 4 spends anywhere between $580 and $1300 on their food budget every month. And if you’re like most families, you spend that and then another $300-$500 eating out. This can often cause waste in the household groceries from the intentions to the actions.
Food is a common place we get caught up in spending….most people are either eating, wearing or driving their retirement, and in this case, I want to talk about when we’re eating it.
Read MoreIt’s officially fall in Western Pennsylvania! The air conditioning has been off for a few weeks, pumpkin flavored everything is in full swing and the cooler temperatures are setting in. And October this year has another benefit for many Americans, a 3rd paycheck.
What most people are inclined to do is pay off large amounts of debt with that extra pay. Was that what you were thinking too?
Read MoreIf I’ve heard it once, I’ve heard it 100 times. Why would I rent when I can buy and pay less? I can be building equity. I’m throwing my money away by renting.
Read MoreDon’t forget these top 8 items most commonly missed when doing the May budget. And if you’re a lucky winner of the extra paycheck this month, make sure you spend it with intention!
Read MoreCreate your April spending plan now and be prepared by checking out the 9 categories listed below that can easily get overlooked. And don’t forget, budgeting is a team sport if you’re married! Sit down after the kids are in bed with your favorite beverage in hand and make it a plan you both agree on.
Read MoreDid you know that 80% of New Year’s Resolutions fail by February, so by March, they’re pretty much caput. Let’s get your financial resolutions back on the road with your March Budget. Don’t forget all the items below.
Read MoreI know it’s not the most romantic event in your marriage, but sitting down to discuss your family finances and doing a budget together at least monthly is one of the healthiest things you can do for your marriage. It’s critical that we dream together and share common goals so that you’re working tandem to achieve them.
Read MoreIt’s said that a DREAM written down with a date becomes a GOAL. A GOAL broken down into steps becomes a PLAN. A PLAN backed by ACTION becomes REALITY. Think of your budget as your plan. Following your budget will help make your dreams a reality.
Read MoreWe’re all given the same 24 hours in a day, it’s what we do with it that differentiates us. Technology has made so much possible for us, I want you to take advantage of all the opportunities that are out there if you’re looking to kick debt in the face. Listed below are 25 side hustles you can start today, and make up to $1000/month!
Read MoreTraditionally, we all think about toys and gifts when we consider our Holiday budget. But don’t forget these sneaky items as well.
Read MoreNow that you’re married, date nights are more important than when you were dating. This post breaks down budget-friendly date ideas for you and your spouse.
Read MoreYou wouldn’t go to the grocery store without a list. You don’t typically cook or bake without a recipe.
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