Personal finances are a function of several factors. Increasing income and cutting costs have obvious benefits to our balance sheets. However, what about your money psychology? Your money psychology could be a barrier to reaching many financial goals. This extends to retirement savings, debt reduction or funding a child’s education. Whatever the goals may be,…
Now that we’ve entered 2014, it’s time to put a few New Year’s resolutions into action. For many, saving money is a popular tenacity. From selling belongings you no longer want or need, to saving on expensive energy bills, there are a number of ways to cut cost in 2014. Here are a few of…
Everyone can use a financial tune-up, but where do you start? According to a Gallup Poll (November 2013), only 34 percent of Americans prepare a monthly budget. This entails a detailed, written budget done monthly; here is where you start. Tip 1 – Make a Budget There’s no way to improve your financial situation unless…
When you have a problem financially and need money to get yourself back on your feet, there are several options open to you. Some of them you may not have heard of, while others you may be aware of. Deciding which options are best for you depend upon your particular financial situation as well as…
Most people care a lot about their finances. After all, the amount of money people have has a significant effect on their quality of life. As a result, they often think about what they should do to have a stable financial future. What’s also important, however, is what things you don’t do that might have…
The holiday season is a special time of the year. While it may be alright to overindulge on some extra sweets at the holiday parties, it is not the time of year to overindulge in spending. If you are not very careful, you may not even realize until your January credit card bills start to…
2014 is right around the corner and planning for next years tax season needs to start sooner rather than later. Chartered accountants such as Gibson Hewitt can aid you in everything from correctly filling out a tax return to providing professional tax advice. Unfortunately, the majority of us cannot avoid paying tax but we can…
Welcome to the September 2013 budget update where we will take an in depth look at my personal budget giving you the good, the bad, and even sometimes the ugly. My goal here is to show exactly what I’m doing to manage and improve my budget and hopefully help you do the same, and if…
If you’re like me budgeting can be a tough thing especially if you are a beginner. I can’t tell you how many times I’ve quit and made mistakes with my budget. Over time I’ve learned a thing or two that has lead to the demise of my budget. In this article I’m going to pull…
Welcome to the July 2013 budget update where we will take an indepth look at my personal budget giving you the good, the bad, and even sometimes the ugly. My goal here is to show exactly what I’m doing to manage and improve my budget and hopefully help you do the same, and if you…