Retiring with no money can feel like walking a tightrope without a safety net. The consequences of missteps may be dire, but the rewards for success are huge. One of the biggest mistakes that retirees make is failing to account for inflation in their retirement plans. Inflation erodes purchasing power and can significantly reduce your …
Rental assistance is an invaluable resource for those struggling to make ends meet. It provides a secure foundation that can help individuals and families facing housing instability to maintain their financial security while they work towards greater stability. All too often, however, what rental assistance actually entails remains shrouded in mystery. To “cut through the …
Managing money can be a tricky business. The cash envelope system is designed to help simplify the process and keep your finances on track. If you’re feeling overwhelmed or lost in the financial woods, this article will provide some much-needed insight into what the cash envelope system is all about – so read on to …
What Is The Cash Envelope System And How Do You Use It? Read More »
The idea of budgeting can seem intimidating and overwhelming, like a mountain that you have to climb. But it’s really more like taking a stroll in the park – one step at a time. It doesn’t have to be hard; it just takes an understanding of how your money works for you. That’s where we …
How To Budget: 5 Steps To Budget And Save Money Efficiently Read More »
Are you looking to get out of debt? I’m here to tell you there are two methods you can use to help reduce your debt and stay on track with your finances: the Debt Avalanche Method and the Debt Snowball Method. In this article, we’ll explore both approaches so that you can pick one that …
Which Debt Repayment Method Is Right for You: Snowball or Avalanche? Read More »
Have you ever stood at the base of a mountain and felt overwhelmed by its size? That’s how many people feel when they look at their debt. Fortunately, there is an effective method that can help them climb it: The Debt Snowball Method. This technique has been used effectively for years to help those who …
The Debt Snowball Method: How It Works and Why It’s Effective Read More »
Are you looking for a way to pay off your debt, but don’t know where to start? You’re not alone! Many Americans struggle with debt every day. But there is hope – the Debt Avalanche Method could be just what you need to get on track financially and become worry-free from debt. Let me show …
The Debt Avalanche Method: How It Works and If It’s For You Read More »
Perhaps you have followed the ‘living the dream’ motto and decided to work in America. You have a job and an income, but you still need to send money to your family back home in your country of birth or most recent citizenship. This requires creating and managing two household budgets. Here we provide tips …
Budget Tips When You Have Family in Your Home Country But Work Abroad Read More »
So you’re starting improve your finances and you’re hearing a lot about splitting your expenses into needs vs wants. Why would you do that, and how can you clearly tell between them? Needs vs wants refer to the distinction between essential expenses and discretionary expenses. Needs are basic necessities that must be met in order …
Needs vs wants: why they’re important and how to tell between them Read More »
If you’re looking to create a budget, you might hear some people swear by the 50/30/20 rule. But what is it? The 50/30/20 rule is a budgeting guideline that suggests allocating your after-tax income towards three categories: It was first proposed by Senator Elizabeth Warren and her daughter, Amelia Warren Tyagi in their book, All …
