Category: Budget
Debt Payoff: What is the Avalanche Method?
Avalanche method is a debt payoff strategey focusing on your highest interest rate debt first. First, you organize your credit cards by interest rates from highest to lowest. The amount of debt you have on each credit card, does not matter. Payall of the minimums and put any extra money towards the credit card with…
Debt Payoff: What is Snowballing?
Snowballing is method of paying off debt. It allows the person to have pyschological wins to continue the grind and hard work of paying debts. Take all of your debts and line them up but the amounts owed from smallest to largest. Start to pay all of the minimums to avoid fees and put any…
Living Below Your Means
Living below your means is to spend less money than you make. How could it help? Learning to live below your means before retirement is a smart choice to be able to save more. Give yourself more flexibility later in life, learning is not all about now in the same moment it’s not all about…
What is “Loud Budgeting”?
One of TikTok’s latest trends is loud budgeting. The goal is to be vocal about good money decisions. This can be a good tool for some people becoming accountable to how they make budget decisions. Its okay to say no, about spending money. Knowing your goals and having a budget is a step to get…
Top Ideas to Save Money
How to save money? Wisely saving money can help grow and sustain wealth. The more money saved can allow you to take adavtange of opportunities to grow wealth. Shopping Price shop items Checking multiple reputable sites could save a few dollars or even more depending on the item, so spend some extra time to check.…
Zero-Based Budgeting
Zero-based budgeting is income minus expenses will equal zero monthly. Tracking your expenses weekly or monthly are good options to a keep consistent a personal budget. Budgeting your money, it is important to track consistently. Start by gathering all your credit card statements and bank accounts to track expenses. Review multiple statements, looking for your…
