Ready to step up from just cash envelopes to a full cash envelope wallet?At this point, using cash is changing the way money is handled and that is awesome.Trying to sort through and find the best cash wallet system can be a challenge. Find the perfect one for you.The great thing about using a cash envelope wallet is this is more than just a whim; it is a solid foundation. By … [Read more...] about Best Cash Envelope Wallets that Won’t Fall Apart
Budget (Cents Plan)
The word budget makes most people cringe...
In all honestly, it means that we must live within our means.
However, on the flip side, a budget will help you reach financial freedom faster.
So, what do you choose? Budget or Financial Freedom?
Here at Money Bliss, we focus on
Where Cents Parallel Vision
Understanding where you want to spend your money is key to obtaining the life you want to live.
So, what do you choose?
Budget or Financial Freedom
Top Money Bliss Budgeting Tips:
When I start coaching clients, most have no idea of their net worth. Also, there is no concept on the importance to track net worth.The reason why is because they don’t want to face their net worth situation. They are too afraid to look at the reality.What is net worth anyway?Net worth is the difference of assets minus liabilities. Assets – Liabilities = Net Worth For example… Between … [Read more...] about What is the Purpose to Track Net Worth – Even if Negative?
This is the one questions I get the most often.What can I do because ends don’t meet?We are spending more than we make. How can we stop living paycheck to paycheck? I am at a loss of what to do anymore. How can I overcome my situation? What changes can I make to my budget?I spend a lot of time speaking to groups on money. Why is this such a hot topic each and every time?One … [Read more...] about How to Overcome When Ends Don’t Meet
Before we jump into the #1 reason budgets fail, let’s talk about the word budget first.When hearing the word “budgets,” most people cringe. They don’t like the term. They don’t like to live within a budget. It is WAY too constricting for their lifestyle.Well, I agree. Budgets aren’t fun.That is why at Money Bliss – we call them a Cents Plan.A Cents Plan put your “Cents” with your … [Read more...] about #1 Critical Reason Budgets Fail & Learn the Simple Fix
Determining a budget just for a month may seem impossible. Learning how to budget once a year is much simpler.Here is why – you will anticipate every single item throughout the year.Thus, eliminating the urgency of any emergency expenses. Honestly, most emergency expenses are just expenses that we knew would happen we just didn’t want to deal with them or the cost. This is the time to … [Read more...] about How to Budget Once a Year
One of the categories in the Cents Plan (AKA budget) is called Slush Fund.There are many names for Slush Fund:Pocket Money Spending Cash Pocket Change Allowance (I’m totally against that one) Petty Cash Kitty Fund Cump changeJust pick your favorite name for it and let's understand the rules and advantages.Regardless of what you call slush fund money, one meaning … [Read more...] about 4 Rules and Advantages of Slush Fund (Pocket) Money