I can't believe it's already March, and yet at the same time, this year feels like it's lasted for six months. I realized I have given exactly zero thought to my New Year's Financial Resolutions, so I decided it was time to do a check-in, good or bad. Maybe there was a chance I was sticking to the resolutions without realizing it. Probably not. Be a Better Budgeter One big goal was to be better at making a budget and sticking to it. I've been … [Read more...]
Stock Up on Diapers for Baby
Babies can be very expensive. As a lot of people say, babies don't need all that much - a safe place to sleep, something to wear, something to eat, and diapers. But that last category can get pricey very fast when you're using disposable diapers. So if you're expecting a baby, consider whether or not you want to stock up on diapers. How Many Diapers Will I Need? Babies go through around 2500 diapers in their first year. That is a lot of … [Read more...]
Save Money In 2021
I woke up on New Year's Day knowing I wanted to take steps to save more money and save better in 2021. But how to do it? I decided to break down my plan into four basic steps. Identify New Risks And Save Accordingly I have a savings plan that includes an emergency fund, savings for travel and “pay yourself first” purchases, and retirement. That’s an over-simplified version but those are my three major areas. In my emergency fund, I’ve tried … [Read more...]
What are the advantages and disadvantages of saving money?
Money. It's what makes the world go 'round, right? And those of us in the personal finance world talk a lot about ways to save money, ways to make more money, and how to make that money go farther. But what are the real advantages and disadvantages of saving money? Disadvantages of Saving Money Let's start with the disadvantages. First off, saving money means you aren't spending it. And it is possible to be too frugal. Are you doing … [Read more...]
3 Easy Money Challenges to Get Your Finances In Order
Do you need easy money challenges to help you to save money and get your finances in order? While it’s true that you shouldn’t expect a money challenge to solve all of your financial issues, the discipline of these challenges and the creative thinking involved can help you to think differently about your spending habits. Breaking the old bad habits of the past is key to establishing new, healthier spending choices for the future. Here are … [Read more...]