Search Results for: finances

How to Downsize Your Finances

Downsizing your finances may be necessary if you lose income or find yourself with unexpected expenses. Downsizing can be either temporary or more long term. But one thing is clear, when you downsize, you will give yourself the breathing room you need to get yourself back on track. Downsizing can be a bit traumatic at first. You may be used to a certain way of doing things, and learning a new way can be challenging. But the nice thing about downsizing is that it gives you the time to make the choices you want to make that work for your … Continue reading →

Finances, Work and Marriage

Who is the main financial planner in your marriage? Is it you or your spouse? According to Nancy Gibbs in her article What Women Want Now, 65% of women cite themselves as being the family’s main financial planner. 71% labeled themselves the ’family accountant.’ Mediamark Research and Intelligence tends to back up those claims saying women in the make 75% of the buying decision in home in the USA. I wonder is it any different in Australia or the U.K. Anyone care to comment? Despite the recession and economic downturn many women have more control over money than ever before. … Continue reading →

Get Your Body and Your Finances in Shape

With the warm weather coming, you might be more conscious of getting your body in shape for a summer full of swimming and lighter clothing. joining a gym can be a great way to do this, but let’s face it, a gym won’t do anything for your finances. Here is how to get in shape or stay in shape while actually benefiting your bottom line. Substitute your feet Make it a challenge to substitute your feet for your car as often as possible. Take a walk or a bike ride to the store if that is feasible. Is the store … Continue reading →

How to Get Your Finances in Control

If you feel as though your finances are out of control then you will want to read this post. I’ll walk you through some steps that you can take to figure out exactly where your money is going and how to stop it from flowing out of your door without your conscious consent. Getting your financial situation under control will help you live a better life and avoid being left with nothing. The first thing that you need to do to get your finances under control is to create a budget. No one really likes to make a budget. Not … Continue reading →

Family Preparedness and Finances

When it comes to preparedness, you need to be financially prepared as well as prepared with food. The church has counseled us to get and stay out of debt for years. This is important counsel to follow, but there are other ways that we need to be financially prepared as well. Here are three things that you should do to be prepared financially for emergencies and the future. First you should have some cash on hand at home. This should be somewhere safe, that you can access in a time of emergency. For example if you live in a city, … Continue reading →

Preparedness and Finances

One important aspect of preparing yourself and your family is financial preparedness. The church urges us to avoid debt, and to get out of debt as quickly as possible. It also teaches us to take financial responsibility for ourselves by saving money for emergencies and planning for retirement. If you have a lot of debt, it is important to focus on getting out of debt as much as you can. You can limit your discretionary spending and begin to budget to do this. If you need help setting up your budget or learning how to manage your money, you can … Continue reading →

Talking About Finances with Your Kids

My experience as a single parent has made me more determined than I think I would otherwise be to make sure my children have a good understanding of personal and household finances when they embark out on their own. I am a bit of a zealot when it comes to talking about the details of money management and I think since I grew up in one of those household where we could never talk about money—I want to make sure my children have more of an open, informed attitude about finances. The other day, one of my daughters and I … Continue reading →

Balancing Finances and Family Time

While I think all parents strive to achieve a sense of balance between work and financial obligations and family life—I think the challenge can be even more acute for single parents. Our kids need us, but we also need to pay attention to our work and “fundraising” efforts too. We already feel the pressure to be providers and we also feel the pressure to be a great parent—how can we achieve balance and make sure we pay plenty of attention to both? Whoever said “Money isn’t everything” was probably not a single parent. The financial pressures of being a one … Continue reading →

Work Together on Your Finances

One of the most important things you can do to reach your financial goals is to do your budget and financial planning with your spouse. It may seem difficult because you have different management styles or goals, but bringing this inline with each other will help you move forward much faster. Also if you are not on the same page, you will fight about money constantly. You can prevent this when you plan together. You need to realize that you should both compromise so that you can make a plan that works for you. If one of you feels the … Continue reading →

Do Your Finances Change Once You Have a Baby?

Once you have children your entire life changes drastically. The way you handle your finances is one way you will find yourself changing. When you are suddenly responsible for the welfare of a child, it becomes much more essential to manage your money responsibly so that you can provide for him. It becomes much more important to be able to provide the necessities of life and some of the luxuries. It is important that you set and maintain a list of priorities in your life financial. If you stick to this list, you will find that you will be able … Continue reading →