Cash is often recommended as the best way to manage your money because once it’s gone, it’s gone. Which is true but with ATMs on every corner the struggle is real. I spent 3 months mostly spending cash and here’s what made it harder for me to budget. Mint cant track my cash spending and… Continue reading Cash is king?
Are you using your debit card for most purchase? STOP! Immediately. You need a credit card. Why? Security Your purchases are protected by your credit card provider. American Express for example offers insurance on electronics bought with the card. Additionally you receive greater security from identity theft. Credit cards typically offer other assurances like car… Continue reading You need a credit card
My financial labyrinth can get quite complicated but I try my best to keep it simple. As much as I can automate transactions and consolidate information I will do it to keep managing my finances quick, simple and relatively painless. Here’s how I manage my money. Keeping Track of it all (Mint) Mint is my… Continue reading How I do it series: Manage Money
Congratulations! You’ve stored enough of your earnings to have a fully funded emergency fund. Unfortunately (or maybe fortunately) you now have to use it. And you don’t know for how long. A major challenge of living off of the emergency fund is having to make choices about downsizing your lifestyle. This is challenging because it’s… Continue reading On using that emergency fund
5 Quick tips to avoid the peer pressure of spending more than you intended Know your budget ahead of time. Have a concrete idea of how much is too much for you to spend. Propose an alternative. I would prefer to eat at a place in this range or at place X. Offer to split… Continue reading Know Your Limits
Things cost money and it sucks. But there are plenty free 99 options that work well if you’re looking to keep things low cost and/or find social activities where each person can choose their own spending level. Take a walk Go to a park and bring a blanket and people watch chill and catch up with… Continue reading Things Cost Money and It Sucks
If you find yourself wondering, “Why cant I stick to my goals?” these 4 quick quick tips are for you: Goal isn’t the right size You want to be a CEO? Great! However working on a goal that big can be discouraging. Don’t forget that there are steps in between that you’ll have accomplish first.… Continue reading 4 Quick Tips to Achieve Your Goals