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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Profitable Ideas: Deceptive Discounts, Value-Boosting Renovations, and More

A weekly roundup of some of the best personal finance articles from around the web. With deceptive ‘discounts,’ retailers are manipulating us to spend more. Here are the worst offenders. (Washington Post). Retailers are very good at making us think we got a bargain. Is instinct eroding your financial health? (Morningstar). We all play the comparison game, […]

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Profitable Ideas: Turning a Hobby Into a Moneymaker, Avoiding a Tax Refund Scam, and More

A weekly roundup of helpful personal finance articles. A beginner’s guide to monetizing a hobby (Magnify Money). Turning what you do for fun into a moneymaker. The romantic side of budgeting (The White Coat Investor). One of the least appreciated benefits of a budget is how it can foster a sense of financial oneness in marriage. IRS […]

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Profitable Ideas: Proven Paths Out of Debt, Two Incomes Aren’t Always Better Than One, and More

Some of the better articles I found on my last trip through the financial cyberspace. 7 research-proven strategies that can help you finally get out of debt (Magnify Money). These ideas have been put to the test. Tax reform is here: What it means for your taxes (US News). Use the new parameters to estimate your 2018 […]

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Profitable Ideas: The Habits of Success, Putting First Things First, and More

Last roundup of the year—lots of ideas for getting 2018 off to a great start. What the rich do differently: Habits that foster wealth and success (Get Rich Slowly). Titles like this often amount to nothing more than clickbait, but this is a good post that reviews the findings of numerous authors who have studied people […]

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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: Automated Retirement Plan Watch-Outs, The Liberation of Limits, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. 5 ways to get the most from your employer’s automated retirement plan (Wise Bread). Don’t automatically assume that the default settings are best. Why surge prices make us so mad: What Springsteen, Home Depot, and a Nobel winner know (The […]

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