Where is Your Money Really Going?

I ask this question, because I want you to think of all the places, things, and people your money is invested in. Is your money invested in one thing, or is it invested in many different things? Is your money invested in items that go up in value, or are you simply pouring your money…

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…

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…

Are Certificate of Deposits (CDs) a Great Savings Product?

Have you heard of a CD before? No, not a compact disc (CD), a certificate of deposit (CD). So what is a Certificate of Deposit by the way? A Certificate of Deposit is a type of savings account, in which you “lock up” a certain amount of money for a defined time frame (3-months, 6-months,…

What’s Your Money Personality Type?

Do you already know what your money personality type is? If not, keep reading. There are a few different types of money personalities. The ones I will be sharing in this post are: saver, spender, debtor, balanced saver/spender, and gambler. I hope at the end, you identify which personality type sounds the most like you….

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…