The new school year is fast approaching and your budget needs to be prepared. Now is the time to consider the many things your school age child will need for the upcoming school year. You should budget for these items so you are prepared to pay cash for them when they are needed. Check with …
When you start a business cash flow can quickly bring about anxiety, then euphoria, then anxiety, then euphoria....you get the point. Cash flow can be tough to manage when you start a new business. I encourage taking the emotion out of the cash flow situation for the first year or two by being strategic. You …
Starting a business can be exciting and fun but it can also be very intimidating and scary. Mostly, this comes down to the financial risk involved. When you start a new business you are usually starting from ground zero financially. You may not see income for weeks or months to come. This can lead to …
What do you do if you feel as if you just can't get ahead financially? This is a really tough place to be in life. From my experience I bet you are working hard and possibly working more than one job. But, you just keep feeling like you can't make traction in your life financially. …
Let's face it, pets can be very expensive. Between food, grooming, shots, routine vet visits, neutering, and health issues it's easy to have a pet that costs up in the thousands of dollars a year. Then if the unexpected comes you should be prepared for even larger, unknown expenses. Much like having a child, a …
When you are anticipating a big ticket item, you should save for that well in advance so you can pay cash for it when the time comes to buy. When you save for a big ticket item it is good to have a separate savings account that is labeled for the item being saved to …
The Top 5 Reasons People Don't Follow Their Budget
Money touches most every aspect of life. It's not surprising how much it impacts marriage as well. Unfortunately, money is a leading cause of divorce. “Couples who reported disagreeing about finances once a week were over 30 percent more likely to divorce over time than couples who reported disagreeing about finances a few …
Visit the full post to hear the Podcast! Let's together run through a scenario to see how we can take someone through the Financial Stages. We'll call her Jane. Let's assume I met with Jane because she was feeling like she just can't get ahead with Denver's high cost of living. She is 30 years …
Are you in Financial Stage 2: Stabilizing? You are at Financial Stage 2, Stabilizing, once you have calculated your personal net worth, developed your financial plan and budget, and you are working on a positive money mindset. You will remain in this stage until you have achieved a few more financial milestones. Financial stability is …
