Separate bank accounts is so helpful with managing money. It helps to divide up money for certain purposes and not accidentally used. It is a great budgeting trick! Probably my favorite one :) This is helpful for people prone to overspending, turning to debt first, or those just needed money out of their main bank account. The questions remains... how many bank accounts should I have? … [Read more...] about This is the Simple Answer…How Many Bank Accounts Should I Have
Saving money is the basis to financial freedom. However, most people don't save.
Learn to pay yourself first. Learn to save money.
Money Bliss can help.
In order to stop living paycheck to paycheck, you must learn to save. Yes, that concept may seem backwards.
However, by saving money, you are setting money aside for a future use. Don't think of saving as a punishment. It is a reward of hard work and effort!
Commit to save money! Don't delay. Your future will thank you.
Top Posts on How to Save Money:
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Saving money falls into six of the ten Money Bliss Steps.
Specifically Money Bliss Steps #2, #3, #5, #6, #7, and #9.
Some might argue that saving money could be included in Money Bliss Step #8 depending how you choose to pay off your mortgage. Obviously, saving money is crucial to your financial freedom and success with money.
Saving money is a priority in all of the Money Bliss steps.
Learn the Money Bliss Steps for Financial Freedom.
If your ultimate goal is live financially free, then you need to stay focused on saving money for future use or you may fall victim to living paycheck to paycheck.
Living below your means is simply you have money left over at the end of the month. You're not overspending money you don't have. You are living within or below the monthly income. In all honesty, you are living differently than 95% of people. It is possible to live below your means. The choice is yours on how to spend your money. Are you going to build a strong foundation with money? Or are … [Read more...] about How to Live Below Your Means and Love Life
I am always looking for ways to save money. The reason why I love saving money is it frees up money to be used for another purpose - like travel or help us reach financial freedom sooner. Many of my friends think I am some money saving genius. However, it isn't that at all. I just flat out don't spend money on certain items. I find it wasteful. Money that could be better spent in other … [Read more...] about 12 Things I Quit Buying to Save Money
The mind is a powerful thing. Yet, as humans, we take for granted everything the brain is capable of doing. Many of the brain functions happen automatically without any instruction from us. (Which in reality is a really cool thing.) However, the mind is capable of listening to how the feelings of the person and reacts according. Recently, I was introduced to the work of … [Read more...] about With the Right Money Mindset, Go from Broke to Rich
Job loss. Medical diagnosis. Cross country move. Natural disaster. These are big unexpected life events that rock your world and can wreak havoc on your personal finances if you are not prepared. This are big life events - much bigger than a simple and smaller events. That is where a rainy day fund or money set aside in a big expense fund comes into play. A rainy day fund can weather … [Read more...] about Breaking Down the Purpose of a Rainy Day Fund
Living on one income in a two income world. It is hard to overcome the emotions and the feelings of living with less money. However, it doesn't have to be that way. It is easy to thrive when living on one income. But, life is about happiness - not money. Money doesn't equal happiness. So, in the end, you don't need more money in your life. Just to be purposeful … [Read more...] about How to Thrive When Living on One Income