Well, they’re speculating another government shutdown may happen. If the government can’t agree on the budget before the current budget is up then a shutdown will occur. The budget must pass by September 30th since the new fiscal year for the federal government starts October 1st. If a new budget isn’t passed and the government shuts down, then this can royally screw with your budget. It can affect your money…
In this episode, Simone Dennis walked us through tips and techniques to eliminate debt. We discussed: that ABCD technique of debt elimination what lifestyle inflation actually look like tips to stay motivated while getting used to a new budget how to stay out of debt when it’s a good option to use a credit card Simone Dennis Simone Dennis is a personal finance blogger, who paid off $80,000 in debt.…
Happy Financial Literacy Month! Well, three months have already passed. How are you doing with your financial goals? Did you just cringe? Yeah, you’re not alone. Many people have usually fallen off track with financial goals by the time April has rolled around. However, you don’t have wait until the end of the year or the new year to get back on track. You can boost your financial…
I’ve been hearing “it’s cute that you tell us to have discipline, but I’m going to spend this holiday season.” I’ve also heard “I have the money to spend, but I still want to be savvy with it. How can I get the best out of my money?” Basically that’s saying how can you stretch it and get the most for every dollar you spend. Whichever category you fall into,…
I decreased my food budget by 79% and it didn’t have much to do with couponing. Food can be one of the more expensive categories in your monthly budget. It’s not a fixed expense, the amount is dependent on you. But that’s also the problem, the amount is dependent on you. I review my budget every month to see how well I did with sticking to my estimated amounts. As…
I’ve seen a number of articles announcing that you can now pay for your airline tickets using a payment plan. I’ve been people exclaim “awesome, great idea! I’m definitely going to use this!” My reaction? I cringed. Hard. No seriously, I cringed really hard and thought about the trouble this will bring. These aren’t payment plans in the strictest sense of the word. You’re not taking the amount that…
As The Money Scientist, of course people talk personal and business finance with me all the time. I get to hear people brag about great deals they’ve found. I hear about personal finance stories of triumph and failure, lessons learned. I also hear so many personal finance myths that masquerade as truth. These myths are causing damage. They hinder your wealth building and quest for financial freedom and security. …
Are you familiar with the common phrase when you know better do better? If only it was that easy. Sometimes you know of actions that you should take to better your health, better your career, progress your money or advance your business, but you simply don’t have the funds in order to do it. How can you afford the services and items you want or need? How can you…
Summer is coming to a close. Every year you prepare yourself for cooler temperatures, getting children ready for school, school buses on the road, and to rake leaves and warm the car in the mornings. As you prepare for the changes to your routine you also need to get your money prepared for new expenses and do a financial fitness check up. 1) Check your home. Check the insulation…
The time for college drop offs and last summer vacations is fast approaching. It can be very tempting and seem almost unavoidable to spend a lot of money on the travel, accommodations or eating when visiting a different city or place. However, instead of thinking of it as the last large expense of the summer and unavoidable or a reason to go all out, let’s talk about how you can…
