Contemplating what to do with your tax return? The average tax return is typically about $3000. What are the best ways to spend my tax return? One side of the coin would be to save it – just like any prudent, well-meaning adult would do. On the flip side of the coin, it would be … Read more
This is probably one of the top questions I get all the time… Should I pay off debt or save money? There is a very clear answer on what you should do. We just need to make sure you have a few things in order first. The one (big) thing we learned before our successful … Read more
Having fun doesn’t have to cost a fortune! But, that is the trap, we find ourselves in. We believe that in order to have fun, you must spend money. However, we are going to debunk that myth. It is possible to have fun without spending money. This is something my family does ALL-THE-TIME. There are … Read more
What would you do with an extra $500 at the end of the month? Well, that is exactly what you are going to learn today. Those are the results you can expect from a no spend challenge. But, first…let’s talk about the elephant in the room. This is the big one that is holding you … Read more
Sinking funds are money set aside for a specific purpose. By using a sinking fund, the avoidance of having a money emergency goes away. Typically, these funds are expenses that randomly pop up or expenses that are paid on a quarterly or yearly basis. So, what are sinking fund examples? Need new tires? Taken care of … Read more
Saving money is key to reach financial freedom. However, more times that not saving isn’t taught (or caught for that matter). It is something we want to do. We want to save. We start each month with a fresh perspective that this is going to be the month we actually save money. But, once again, … Read more