A healthy approach to dealing with your money isn’t always about focusing on big, long-term goals. Some of the most important things you can do regarding your money are simple tricks that build the foundation for your long-term financial wellbeing.
If you find yourself unable to pay off your credit card balance every month, then by definition you are living beyond your means. Allowing this situation to continue can have serious consequences for your financial security, now and into the future. Time to look for ways to adjust your spending!
Many of us “leak” money without realizing it. Spot the leaks and plug up unintended or careless spending – the savings could add up to hundreds of dollars a year, or more.
Disaster-proof your holiday spending.
Many surveys have shown that Millennial women tend to carry more debt than Millennial men, and that they make less money to boot. To compound matters, undersaving for retirement is common for men and women of all ages. If you’re a Millennial woman, here are some steps you can you take to help level the playing field and secure your financial future.
It’s time to pause, take a step back, and reset your feelings and expectations when it comes to dealing with your money. This fundamental shift within you is what will make other important changes possible.
Unexpected expenses happen all the time, but if you have a cushion of savings, these unexpected expenses don’t have to derail you.
If you want to work towards your longer-term financial security, you need to free up funds to do so – but how? One suggestion: participate in the “sharing economy,” now dead simple, thanks to the Internet. By sharing, renting, or bartering, you’ll reduce your expenses and/or earn a little extra income. Before you know it, you may find yourself with extra funds to fatten your savings account or invest in the other building blocks of your financial security.