Budgeting

August 09, 2020
How to talk about finances with your children

It’s important to talk openly with your family about your financial goals, values, and situation on a regular basis. However, that’s easier said than done. As early as preschool, you can start talking to children about money and building their financial skills in age-appropriate ways. For preschoolers, you might focus on the skill of waiting…

August 05, 2020
What is a Health Savings Account and Should I Open One?

If you have a High Deductible Health Plan for your health insurance, then you are eligible for a Health Savings Account (HSA). You can use HSA funds to pay for qualified medical expenses. These expenses can be incurred by you, your spouse, or any dependents listed on your tax return. There is no need to…

July 16, 2020
What are the biggest money sinks that people can cut out of their lives to save more?

Many people don’t even realize that they have a money sink, much less what their money sinks are. We are so heavily marketed to and conditioned to spend in America. Using a debit or credit card feels so removed from real money that it doesn’t even feel like spending. It’s easy to spend without paying…

July 07, 2020
How do I know what is a “need” and what is a “want”?

Just seeing the word “budget” can give some people a headache. Instead of reaching for a bottle of aspirin, I suggest changing the way you think of a budget. A budget is a tool that helps you use money so that you reach your goals. You ...

August 01, 2020
How to Make a Budget for Your Family During COVID-19

“How can you budget your money when you have the same amount coming in as you did before, but now you have everyone at home using more electricity, gas, and water and eating more food?” Submitted by Kelly B. A budget is nothing more than deciding h...