September 27th, 2012
Almost everyone has experienced financial difficulties at some point in their life. Whether you are a struggling student who lives on a budget, a single parent who is trying to do the best for your kids, or you are a young professional who is struggling to pay off your debts; the truth is that almost everyone can improve some aspect of their financial lives.
Maybe you want to save more money each month. Maybe you want to pay off your debts as quick as possible. Or maybe you want to increase your monthly income. Improving your financial situation doesn’t take much, but it does take dedication.
4 Easy Steps for Financial Freedom
Recognize the problem.
As with any personal problem the first step toward improving your financial situation is to recognize that there is a problem. If you are having difficulties making your monthly debt payments you have to realize that you can no longer afford your current lifestyle and pay off your debts at the same time.
Making cuts in your monthly spending, allocating a larger percentage of your income towards debt repayment, or finding ways to increase your monthly income will all help you pay down your debts sooner and achieve financial freedom.
September 26th, 2012
Do you think willpower is what determines whether or not you accomplish your goals? No?! I’ve never been a big believer myself. Sure, having a concrete goal is crucial, but why stop there when you can use tricks that will be much more effective in ensuring success?
September 25th, 2012
I have a confession to make. I am a self-admitted financial junkie. I went through a phase where I opened dozens of new bank accounts, credit cards, brokerage accounts, and more – just to get a sign up bonus. Some of the offers can be fairly lucrative, with some credit card bonuses worth over $200 per new account.
September 24th, 2012
Thanks to technology and the availability of online tools and resources, you can file your taxes in no time, pay a bill using your cell phone and even monitor your credit report while on the go. There’s an unlimited amount of tools, apps and mobile shortcuts that help ensure your money is managed properly. By using these online tools you’ll be able to save time, avoid a lot of human accounting errors and be able to track your bank account goings on with ease.
September 21st, 2012
I got my first full time job in April 2010 as a Social Media Coordinator. Before that, I had been a broke college student surviving off credit cards, especially after I quit my part-time receptionist job to take care of my mom when she got sick.When I moved into my own place with my boyfriend (now husband), we were both making good money, but I was just paying the minimums on my cards month to month. It’s not that it wasn’t manageable, but I would’ve preferred to get out of debt sooner than later, and see some sort of light at the end of the tunnel.
September 20th, 2012
One major aspect of self-improvement is getting in shape, and let’s face it. It’s easy to slack off in that department if you don’t create a plan and stick to it. Managing your personal finances is the same way. Follow these simple steps to get financially fit!
September 19th, 2012
When I got in to work at 8AM, there was a note on my computer: “See me. –Tom.” My first thought was: what did I do wrong now? Tom was the Editor-At-Large for Institutional Investor News, where I was working as a reporter. Editor-At-Large meant that he’d been with the company since the early 1970s and had achieved the status of elder statesman, guiding light, etc., etc. But at the same time, he didn’t really even really work there anymore. He just kept coming in every day and doing the same thing he’d been doing at the company for 30 years—terrorizing reporters.
September 18th, 2012
Are you like me? Have you had credit card debt? What about a lot of credit card debt? Exactly one year ago I had $3,000 on my credit card and wasn’t sure how I’d pay it off. I realize $3,000 may or may not sound like a lot to you, based on your own experience with credit cards. But for me it felt like more than I could deal with, and that qualifies as “a lot” in my book.
September 17th, 2012
The funny thing about personal finances is that things that don't seem to be directly about money often have a huge effect on your personal finances and general well-being. When one talks about financial self-improvement, the automatic assumption is that they will be talking about money. It could be about better ways to save money, better ways to invest money, better ways to spend money, but it almost always will have something to do with money.
September 14th, 2012
Frugality can be a lot of things - helpful, necessary, difficult, annoying - but I have developed a special talent for making it an unpleasant obstacle to bettering my well-being. While I’m a careful saver, I’ll spend money when I feel the situation calls for it. I’m not too tight-fisted. Work shoes need repairing? I’ll spend the money, because it’s better than buying a new pair of shoes! The vet says our cat might have a heart murmur and needs an echocardiogram? Of course we’ll do it, HE’S OUR BABY! Is my sister travelling to Russia for a semester, and am I freaking out about it? A gift of emergency money it is!