Archive
Archive: 2018, January
-
How Reading Can Improve Your Financial Well Being
Posted on January 23, 2018
Categories: Financial Education
Does being a reader make you more of a leader? Well that might be the case in life and the financial world. When infamous Warren Buffett was asked about his success he pointed to a stack of books and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.” Most likely if you’re reading this article, you already see some value in the declaration and...
-
Tips to Reduce Financial Stress - From Panic to Plan
Posted on January 23, 2018
Categories: Personal Finances
If you are feeling overwhelmed and losing sleep at night because of your finances, you are not alone. There are many factors that can contribute to financial stress such as kids, marriage, debt, pregnancy, job status and physical health. According to the American Psychological Association’s 2015 survey, 64% of stress is attributed to money. If you are experiencing a creeping sense of panic over your finances, take a deep breath and exhale. We are going to walk you through a simple...
-
What Mad Money is and Why You Need It
Posted on January 23, 2018
Categories: Budgeting
Paying off debt can be daunting, and budgeting for it is even more stressful. In order to be a winner with your budget, you must add Mad Money to your life - and no we aren’t talking about the TV show. Mad Money is, “A small sum of money carried or kept in reserve for minor expenses, emergencies, or impulse purchases.” There is no restraint to what you can purchase with Mad Money, only that you spend the allotted amount. This should be a small percentage of your monthly income....