Today’s case study isn’t about one named person because this person wishes to stay anonymous. They don’t want everyone to know they have become the millionaire next door. They are happy being frugal with money and don’t want a spotlight on their life. Simple living at its finest. Being frugal with money is about deciding … Read more
The success of any budget lies in planning the personal expenses. While that may seem simple… It’s can be… But then, that is when most people give up on a budget. Most people gave up on a budget because they forget about certain expenses and didn’t know what to do next. Early on in my … Read more
Cash flow. Budgets. Cash flow plan. Money. Cash flow statement. What are these concepts and how do they apply to personal finance situations? For many people, they just want to leave these things to those who love math. However, we all need to know the basics of a cash flow plan. Don’t you want to … Read more
Knowing the various types of income is important. Too many times we think of income just in one big lump category of “income.” However, there are actually three types of income sources you need to know about. Have you ever considered that? Simply put… the more types of income you have, the greater your freedom. … Read more
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 … Read more
Wondering… what is living below your means? You are in the right place! You will learn how to live below your means with the best personal finance tips. 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 … Read more