How to Budget with the 50/30/20 Rule in 2023 It’s Day 5 of Money Saving March, and today we are talking about budgeting again. More specifically, we are discussing using the 50/30/20 budget rule to save money in 2023. The 50/30/20 rule is an excellent way for self-employed or independent contractors to manage their money …
50/30/20 Rule – Money Saving March Challenge / Day 5 Read More »
Today marks the start of our Money Saving March challenge. We understand that money is tight right now, but by taking on this challenge, we will be able to put ourselves in a better position for the future. This may involve some sacrifices in the present, but these are small prices to pay if it …
Start a Spending Plan – Money Saving March Challenge / Day 1 Read More »
Money Saving March: 5 Ways to Save This Month Is your bank account looking a little sad after all the holiday spending? Maybe the economy is slowing your self-employed business, or it just happens to be the traditional slow season on Taskrabbit and other gig apps. And the numbers don’t lie; Americans all across the …
It can be hard to save money and achieve financial freedom on a budget. Between rent, bills, groceries, and other expenses, it feels like there’s never enough left over at the end of the month. Well, lucky for you, times are changing, and we’re just entering the gig economy. You can use gig apps to …
Financial Freedom on a Budget: Using Gig Apps in 2022 and 2023 Read More »
An emergency fund is an integral part of any financial plan. If you’ve ever had to suddenly come up with $500 for an unexpected expense like a car repair, you know how hard it can be without some savings set aside. The size of your emergency fund depends on your situation and goals, but the …
Emergency Fund is a MUST in Your 30s – Don’t Make This Money Mistake! Read More »
In debt? If you have been struggling with debt for a long time, then you know that it can feel like there’s no end in sight. It’s easy to get discouraged and feel hopeless when your debt seems impossible to pay off. However, paying off debt is possible! The debt snowball is the easiest way …
The Powerful Debt Snowball: The Easiest Way to Pay Off Debt in 2023 Read More »
New Year’s resolutions are a great way to create a plan for the year and set goals for your life. But it can be hard to stick with them if you don’t know how to make a New Year’s resolution plan in 2022. It doesn’t have to be that difficult though! Here are some steps …
5 Steps to a Successful New Year’s Resolution Plan in 2022 Read More »
It can be tough to get out of debt. But with a little bit of organization and planning, you can be debt free by 2022. Key Strategies to Paying Off Debt; 1- Debt Snowball 2- Debt Avalanche 3- Debt Consolidation The first step is to create a budget. You need to figure out how much …
Having multiple bank accounts is generally recommended for anyone making money. But you might be asking, how many bank accounts should I have? In this video, I share one money management strategy where you should have at least 4 bank accounts consisting of two checking accounts and two savings accounts. Financial Expert, Tiffany Aliche, said …
Open Multiple Bank Accounts/ How Many Bank Accounts Should I Have? Read More »
“Hey, money money money money money money money,” you hear it all the time in rap videos. But, managing your money is cool, not wasting it on designer clothes, foreign luxury cars, and popping bottles at the club – actually, financial planning is cooler than that. Alright, I won’t front – a nice sport or …