As much as we’d like to maximize our income, and get a raise each year from our employer, we generally don’t have complete control over our income. Instead, the best way to reach our financial goals is through savings, because we have a much greater level control over how much we spend and how much we save each month.
Saving isn’t just something you do over the course of one or two months. Rather, the best way to save and meet financial goals is to save money each and every month. Don’t worry, saving more doesn’t necessarily mean buying less,... Articles Tagged ‘emergency savings’
How to Save More Money Each Month
As much as we’d like to maximize our income, and get a raise each year from our employer, we generally don’t have complete control over our income. Instead, the best way to reach our financial goals is through savings, because we have a much greater level control over how much we spend and how much we save each month.
Saving isn’t just something you do over the course of one or two months. Rather, the best way to save and meet financial goals is to save money each and every month. Don’t worry, saving more doesn’t necessarily mean buying less,...
Monday, October 28th, 2013
As much as we’d like to maximize our income, and get a raise each year from our employer, we generally don’t have complete control over our income. Instead, the best way to reach our financial goals is through savings, because we have a much greater level control over how much we spend and how much we save each month.
Saving isn’t just something you do over the course of one or two months. Rather, the best way to save and meet financial goals is to save money each and every month. Don’t worry, saving more doesn’t necessarily mean buying less,... When Should You Tap Into Your Emergency Savings Account?
If you’re following sound financial advice then you’ve built up a good-sized emergency savings account. And you’ve resisted the temptation to use this fund for splurges like a vacation or a new car. But you may have asked yourself when exactly it makes financial sense to go ahead and tap into that emergency savings account.
In general, you should be comfortable using your emergency savings for expenses that fall outside of a well considered budget plan. Even the best planned budgets can be hit with something unexpected.
Here are some examples of situations in which it would likely make sense...
Tuesday, May 28th, 2013
If you’re following sound financial advice then you’ve built up a good-sized emergency savings account. And you’ve resisted the temptation to use this fund for splurges like a vacation or a new car. But you may have asked yourself when exactly it makes financial sense to go ahead and tap into that emergency savings account.
In general, you should be comfortable using your emergency savings for expenses that fall outside of a well considered budget plan. Even the best planned budgets can be hit with something unexpected.
Here are some examples of situations in which it would likely make sense... How to Handle a Cash Crisis
Tuesday, November 13th, 2012
Having to deal with an unexpected financial crisis can be one of the most stressful events an individual will ever face. When we’re facing some type of cash crisis – whether it’s not being able to pay our mortgage or pay our bills – it’s easy to feel overwhelmed and simply do nothing. In the northeast many folks are now facing a cash crisis due to super storm Sandy.
Fortunately, there are some steps you can take to handle a cash crisis in the best possible way. There’s usually a solution to the problem, even if it’s not immediately apparent,...
Loading ...
