Debt Repayment Strategies

Mark Cuban said, “Pay off your debt first. Freedom from debt is worth more than any amount you can earn.” I must admit that I agree with him – especially in regard to consumer debt! Your greatest wealth building asset is your income, so it’s important to have it fully at your disposal and notContinue reading “Debt Repayment Strategies”

Four Tips For Keeping a Budget

Budgeting advice is often cut and dry.  Write out all your expenses and then pay them on time – oh, and don’t overspend in any category but stick to that written plan! That’s easier said than done. However, with a shade more advice it really can be super easy to keep to your budget.  Here are myContinue reading “Four Tips For Keeping a Budget”

Do you know about the FIRE Movement?

I was first introduced to Financial Independence, Retire Early (FIRE) by a YouTuber named Mina Irfan. Ironically, I stumbled across her content while researching Louis Vuitton handbags.  Picture it, I’m in debt up to my eyeballs, and I’m shopping for a $1200 purse.  It’s ridiculous, and absolutely true. I wasn’t a dummy, I swear! Heck, my bachelorsContinue reading “Do you know about the FIRE Movement?”

Conversation Starters: Talk Money with your Partner

Frequently in relationships, one person is more inspired to clean up finances and communicates it with such enthusiasm that their partner is likewise convinced.  This process may be quick or may take some time. Once I had my paradigm shift and strongly desired to become debt free, it took about six months for my husband andContinue reading “Conversation Starters: Talk Money with your Partner”

Tips for Handling Variable Income

Some people’s paychecks all look the same, and some people’s paychecks don’t. Those of you who work in sales or are self-employed likely understand exactly what I’m talking about.  When you are in a sales or entrepreneurial role, you usually experience variable income.  This makes budgeting harder, but also more important. The added complexity of irregular incomeContinue reading “Tips for Handling Variable Income”

Count the Costs

I want to buy a boat.  I’ve told a few people, and every one of them has replied back with, “Don’t you know that the two best days of boat ownership are the day you buy it and the day you sell it!” Literally, every…single… one has said this to me. Why is that?  Well, each personContinue reading “Count the Costs”

Prepare for Lay Offs

I saw a meme last week that said, “The words ‘Coronavirus is gone’ is starting to sound a lot like ‘You’ve won the lottery!’”  From day to day, coronavirus continues to affect our decisions.  People have changed how they work, shop, exercise, socialize, and worship.  Many businesses are dramatically impacted.  Some have closed down permanently, and others are reducingContinue reading “Prepare for Lay Offs”

My Dave Ramsey Update: Stick to Your Plan

Earlier this year I found Dave Ramsey on YouTube.  I didn’t follow his plan 100% since my husband and I had developed our own plan after we took a hard hit when the real estate bubble burst.  However the more I turned to Dave’s channel for inspiration on our financial goals, the more I felt compelledContinue reading “My Dave Ramsey Update: Stick to Your Plan”

Get a Side Hustle

My journey to abundance is taking all sorts of unexpected twists and turns. It started with going underwater on my mortgage, took a detour into credit card and car loan territory, explored high end consumerism and then crossed into Ramsey land with the precise goal of getting debt free. I have also downsized my belongings,Continue reading “Get a Side Hustle”

Delay Gratification: Lesson From Buying a Gucci Handbag

We live in an instant gratification society, and it’s ruining our value system. After making a purchase, I would enjoy the item thoroughly for a week or so and then become either dissatisfied or bored with it and consider what I should buy next. This was the case for small and large purchases. I approachedContinue reading “Delay Gratification: Lesson From Buying a Gucci Handbag”