We all know we need to save money. However, it can be difficult to stay motivated and actually save money. Many of us end up doing yo-yo saving, where we save money and then pull money out of savings. We repeat this cycle over and over. We need to save to maintain financial stability and afford larger priced items. We need to save in order to handle emergencies, the major…
I know. I know. We still have five months until the end of the year. However, now is the time to craft your plan to budget your holiday spending aka dominate your end of year spending aka handle holiday spending, end of year expenses, and financial goals. According to a Varo Money survey, 74% of us didn’t budget for end of year expenses. Oh and it gets worse. A Magnify…
It’s almost the season of summer vacations, the time where a lot of people take some time off of work to relax and maybe travel. Whether you’re planning to do a staycation or hot the road, your vacation is going to cost money. Should you pay for the vacation using cash or a credit card? Not everyone can afford to go on vacation. Did you know that America is only…
Debt is the bane of many people’s existence. According to a study done by Nitro College, the vast majority of Americans have debt, approximately 80% have debt. Questions of “what can I do about this” leads to consolidation and the question when should I consolidate loans. It’s a little tricky. Student loans and credit card debt are two very common forms of debt. The average student graduated with over $37,000…
In this episode, I talk about something that some people absolutely love and for others, it’s the bane of their existence. We are going to be talking about budgets, specifically a common concept or piece of advice that is given and why I don’t follow it. Budgets are crucial to financial success and are a powerful tool. Budgets are not a one and done type of tool. You…
Many people make resolutions or goals concerning their finances at the beginning of the year. Usually, those goals aim to save more money, reduce debt, and invest or build wealth. However, the majority of people do not achieve those goals. In this episode, I will be going through 10 actions that you should do to set yourself up for financial success in the upcoming year. You can take the…
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, we discuss the misconceptions about insurance. We get into disability insurance and why Millenials and entrepreneurs should definitely take a look at it. We discuss: the different forms of insurance the most important insurance to have the biggest misconception about insurance who actually needs life insurance who specifically does not need life insurance what is disability insurance and how it works Chris Acker He is native of…
There are a few personal finance concepts that are crucial. Some may be very simple and you are still crucial. They are used by literally everyone, no matter the wealth status. Let’s discuss some of these concepts. This is the second part of the lessons learned and reiterated while I was MIA. In this episode, I explain I share some key personal finance lessons that will help you maintain…
It’s JULY and in honor of my birthday month, I’m doing a giveaway! Gifts, gifts, gifts! Ok, so what’s in the giveaway? It’s a package made of these three awesome things: Item 1: A $25 Gift Card This is pretty self-explanatory. It is a general gift card that can be used anywhere debit and credit cards cards are accepted. Item 2: The Financial Planning Roadmap Plan your financial…
