You Need an Emergency Fund

This is especially during this time of the COVID-19 pandemic.  You never really know what happened.  Either they lost a job due to COVID-19, or something else dealing with COVID-19 like a parent or close family member getting sick.  Maybe they were not living within their means or got extended with bills, and just could not keep up. 

You Need a Fund for Emergencies

An emergency fund or what some call a contingency fund allows you to stick to a spending plan without having to change and interrupt your budget to meet unexpected costs and expenses.  You can plan better and manage your finances knowing you can cover emergency expenses as they arise. 

Spending Plan Tips for Graduates

Congratulations! You finally made it and graduated, and now it’s time to face a different world. And that includes planning to spend your money. Keep the following spending plan tips for graduates in mind as you get out in the world and start working your first real job. Use a Spending Plan and Plan your … Continue reading “Spending Plan Tips for Graduates”

Managing Money Well Creates Choices

Managing money well gives you more choices and options. You see, money is just a tool to help you reach your goals and dreams. It’s an asset and a help. It’s not a master, and it’s a terrible god.   William Jennings Bryan, three-time Presidential candidate, put it this way in a speech in 1900, “There … Continue reading “Managing Money Well Creates Choices”

Avoiding Bad Financial Habits

weekly, and monthly basis. Weekly, add up all of those receipts for gas, snacks, soft drinks, and lunch at your favorite restaurant, and coffee.  And see how quickly it all adds up when you do not know how much you are spending every day.  Eliminate this bad habit and put yourself on a daily spending limit and stick to it.