Financial Priorities

Have you sat down and decided what your financial priorities are? If you have never clearly stated what these priorities are you should find these steps enlightening. Completing the following five steps will help you have a stronger sense of what you want to accomplish with your money. It can also help you realize areas or habits that may be keeping you from achieving your financial priorities. 1) Write down the three most important things to you. These may vary, and do not need to be directly related to money. You may want to spend more time with your family. … Continue reading

Balancing Family Time and Money

It can be difficult to balance work with family life. It is also difficult to balance providing for your family and spending quality time with them. Many people feel that the best way that they can help their children is to provide as much as possible for them. Sadly this often means that they spend the majority of their time focused on money, and not nearly enough focused on the children that they are trying to provide for. It is important to provide food, clothing and shelter for your family. Most people want to create positive safe home environment for … Continue reading

Dealing With Sudden Windfalls

When you receive a sudden windfall of money, it is important to use this money wisely. Well, it is important to plan on how to use this money. Often people will receive a large sum of money from bonuses, tax refunds, inheritances or settlements and the money will seem to magically disappear. Often people will spend more than they received and end up worse off than they were before. Here are five tips on how to handle a sudden windfall. 1) Before you do anything with the money you should sit down and plan what you want to do with … Continue reading

What Motivates You to Manage Your Money?

What motivates you to manage your money? If you are just beginning to manage your money and to get your debt under control was there a specific experience that brought you to that point? Or if you have always managed your money, saved, and avoided debt, why do you think you do this? Do your parents have an affect on the way that you handle your money? I think that my biggest motivating factor is seeing the stress that money has caused other people. I also have plans for my retirement. I want to travel and help others. I know … Continue reading