Archive | Budgeting/Planning

Getting Started With a Budget
Using a budget is one of the smartest money management moves you could make. For guidance on using a paper & pencil system, read the Budget Quick Start Guide and make use of the Cash Flow Plan, Cash Flow Tracker, and Recommended Spending Guidelines, all found in the Resources section. For help using the online tool Mint.com, watch my tutorials here, here, and here. And for help with the Envelope system, read this article.

Remember, “The plans of the diligent lead to profit as surely as haste leads to poverty.” – Proverbs 21:5

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Profitable Ideas: A Money-Making Machine, Unlimited Vacation Days, and More

Weekly roundup of interesting and helpful personal finance articles from around the web. A money-making machine: why a Roth IRA is your retirement best friend (USA Today). If you have kids and they have earned income, get them started on a Roth. Long after you’re gone, they’ll continue to think very nice thoughts about you! […]

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Profitable Ideas: Whether to Invest in Cryptos, Thinking of Future You, and More

Weekly roundup of interesting and helpful personal finance articles from around the web. What’s a better investment? Bitcoin or a Roth IRA? (Paul Merriman). One of the most reasonable articles I’ve read about cryptocurrency investing. Dollar cost averaging vs. lump sum: the definitive guide (Of Dollars and Data). The lump sum wins, if you can […]

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‘We Actually CAN Afford It!’

Sheila has long been an expert at living beneath her means. Even when she was making a relatively low salary and living in an expensive city, she never worried about not having enough. She always had money in the bank. Because she grew up as one of five kids with a stay-at-home mom and schoolteacher […]

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The Power of Clarity

Are you trying to make a positive change in your finances or some other area of your life? How clear are you about the change you’re trying to make? As Chip and Dan Heath researched Switch, their helpful book about what it takes to truly change something about our lives, they discovered several surprises. This […]

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Profitable Ideas: Happy Spending, Setting Goals in the Midst of a Pandemic, and More

Weekly roundup of some of the best personal finance articles from around the web. How to spend your money for maximum happiness (Popular Science). The latest on what science tells us about the money/happiness connection. Here are creative ways to teach your kids about charity (CNBC). Good ideas for cultivating hearts of generosity in our […]

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Setting Financial Priorities: A Framework for Financial Success

It’s easy to make managing money more complicated than it needs to be. That’s because money isn’t just an objective “means of exchange” as the dictionary defines it. Money is wrapped up in our emotions – our hopes, dreams, and fears. And our use of it is strongly influenced by the many messages of our […]

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