Budgeting

January 01, 2021
How to Balance Long-Term and Short-Term Savings Goals

We all know it’s important to save money. But how do you balance saving towards both your short-term and your long-term goals? I recommend creating a savings plan that takes your budget, goals, and timeframe into consideration. This can help you be successful in saving in both the short and long-term. Define Your Goals First,…

December 28, 2020
How to Re-Imagine Your Disposable Income During a Recession

The biggest threat to your finances during a recession is a reduction or loss of income. Seemingly disposable income now may be a lifeline to keep you from eviction, foreclosure, or repossession. So if you’re doing okay right now, it’s a good time to fortify your financial foundation. If anything in your financial picture changes,…

November 27, 2020
A Side Hustle Can Fix Your Budget

There are lots of articles written about cutting expenses in order to make your budget work. But there is an alternative. You can make more money to achieve the same desired result! Getting a side hustle, and bringing in more money each month, will correct the deficit of your budget just as quickly as spending…

November 20, 2020
Everything You Need to Know About High-Yield Savings Accounts

When it comes to saving money, where you save it can be almost as important as saving it. There are many different savings options available today. One that is often talked about is the high-yield savings account (HYSA). But what is a high-yield sa...

December 01, 2020
What Is a Recession and How Do I Prepare for One?

The National Bureau of Economic Research (NBER) is the organization that decides if the US is in a recession. They define a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months....