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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‘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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Profitable Ideas: An Important Financial Step Few Have Taken, A Pickup Might Be Running Your Finances Off The Road, and More

Weekly roundup of some of the best personal finance articles from around the web. Only 1 in 4 Americans have made this essential retirement planning move (Fox Business). It’s free, relatively easy, and it will probably motivate you to save more. Here’s one of the easiest tools for the job. Half of America doesn’t check […]

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Profitable Ideas: An Investing Lesson From Sir Isaac Newton, “Frugal Hedonism,” and More

Weekly roundup of some of the best personal finance articles from around the web. Investors have been making the same mistake for 300 years (The Atlantic). Sir Isaac Newton was quite a scientist, but he made a legendary investment mistake that’s still all too common today. Leaving a legacy: why everyone needs an estate plan […]

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A Simple Step Toward a Solid Financial Future

An endless number of studies have documented people’s general lack of financial preparedness for their later years. As just one example, the Employee Benefit Research Institute (EBRI) says that among workers age 55 and older, 49% have less than $250,000 saved for retirement (30% have less than $50,000). No amount of finger-wagging lectures seems to […]

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