Simple and Fun Money Saving Activities

Here are 10 fun and easy activities that you can incorporate into your everyday lives to save money. You can pick one, two, or all ten to complete. The choice is yours! Remember to have fun and hopefully make this a long-term part of your financial journey! Compare what you actually spent on groceries the…

Simple Method to Save for Vacation

So you have been working hard, and would like to take a break to go on a vacation, but your finances say otherwise. Right now, you simply cannot afford a vacation. What do you do? Assuming that you already have a budget, my recommendation would be to assess your spending categories to see what expenses…

Is it Beneficial to Get a 529 Savings Plan?

Have you ever heard of a 529 Savings Plan before? If not, then you are in luck. I will share an overview of a 529 Savings Plan, and hopefully you will acquire the basic knowledge to see if this may be an option for you to add to your list of investments. So what is…

Got an Emergency?

If an unexpected emergency arose today, do you have funds available to pay for it? If you say no, then you are not alone. In an article posted on Forbes.com on May 24, 2018, it stated that approximately 40% of Americans cannot pay for a $400 emergency expense. When you think of it, $400 is…

The Power of Sinking Funds

If you have a known future expense, how do you go about paying for it? Do you take out a loan to cover the cost or do you take money from savings to pay for it? Sinking funds are a great tool for paying for future expenses. So what exactly are sinking funds? Sinking funds…