Women’s Month: Three Ways You Can Improve Your Money Health
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” (Ayn Rand) In Women’s Month, it’s right to reflect on how far we have come regarding women’s rights. The equality of the sexes is pretty universally agreed. However, we also shouldn’t lose sight of […]
Does Your Family Need a Constitution?
“All happy families are alike; each unhappy family is unhappy in its own way.” (Leo Tolstoy) What is a family constitution? You may have heard people referring to their Family Constitution, Family Charter or Family Protocol. These are all different ways of describing a document that sets out the rights, values, responsibilities and rules applying to […]
Retirement Planning for Age-Gap Couples
“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” (Mark Twain) When is an age gap significant? If the age gap between you and your spouse is less than five years, you probably don’t have to worry too much about it when planning for retirement. We generally consider a […]
6 Reasons Why You Need a Budget
The importance of making a budget is a financial lesson that cannot be overemphasized. If you and your family want financial security, following a budget is the only answer. Still not convinced? Below are six good reasons why everyone should create and stick to a budget. KEY TAKEAWAYS If you’re like most folks, you probably aren’t following […]
10 Budgeting Myths You May Be Falling For
You’ve probably heard a lot of trash talk about budgeting over the years. Or maybe you tried budgeting in the past and didn’t stick with it each month. But don’t judge budgeting until you hear us out! Having a budget is essential to helping you beat debt and win with money. It’s the map you […]
15 Practical Budgeting Tips
It’s the dreaded B-word—budgeting. Unfortunately, the word budget has gotten a bad rap. When it all boils down, a budget is just a plan for your money. Budgeting means you’re spending with purpose before the month begins. Unfortunately, many people view a budget as a straitjacket that will keep them from doing what they want. But that couldn’t be further from […]
How To Make a Personal Budget in 6 Easy Steps
If you want to control your spending and work toward your financial goals, you need a budget. A personal or household budget is a summary that compares and tracks your income and expenses for a defined period, typically one month. While the word “budget” is often associated with restricted spending, a budget does not have […]
