Search Results for: blog time is money2

Forced Money Management

In my previous business world experience, we had a saying “bad business makes you smarter.” The theory behind this was if your business was bad it forced you to research and evaluate all that you were doing. If business was good, you simply sat back and enjoyed the ride – even if there were things that you could do better, there wasn’t any incentive to work any harder. This philosophy plays out in many families as well. The budget doesn’t get pulled out until a time of financial strife, either forced or chosen. Even with all my money experience, my … Continue reading →

Money Week in Review June 3-June 18

We have covered several topics in the last few weeks. There are a wide variety of articles available to help you. Favorite Money Savings Tips shares five easy ways to save money. This article covers everything from groceries to gas. You can learn to make the most of your credit cards in Negotiating Credit Card Rewards. Debbie offers some great tips to help you ear better rewards. Have You Considered Downsizing? discusses the changes that you may make in order to live comfortably both now and in the future. This article focuses on why you may change and specific areas … Continue reading →

Where to start on my debt reduction plan?

How do you set priorities when starting to budget or set up a savings account? Should you pay off debt first? Pay off your home mortgage? Save for emergencies? I think the answer is yes yes and yes, but actually, it depends upon who you ask. Some advisers tell you to pay off your largest debt first, or the debt with the highest interest rate first, and others tell you the opposite, leaving you more befuddled than ever. Perhaps you’ve also heard that you have to get an emergency fund going before you pay off any debt. Who should you … Continue reading →

Baby Steps for Debt Reduction

Are you up to your eyeballs in debt and feel overwhelmed? Welcome to the club. Most of the USA has more debt than they can handle and most of the of population says they are stressed about money at some point or another during their lives. Many people have made a New Year resolution to pay off debt and stick to a budget but don’t know how or where to start. Here’s my easiest baby step list for newbies: 1. Read this blog. There are several writers on the Money Blog that come with different perspectives and tips to help … Continue reading →