Having ample savings is important to a stable financial future. As always, the difficult part is putting smart financial concepts into practice. If you find yourself living paycheck to paycheck, it’s difficult to reduce your take-home pay further by putting it into savings. Thankfully, even the smallest of contributions can have significant impacts on your […]
Eating a healthy diet is paramount to your personal well-being, but if you’re struggling in this economy, it can be difficult to get the most out of a meager grocery budget. Having a healthy eating plan and sticking to it diligently can help you get more healthy food at a lower cost, which will allow […]
Going on a family vacation is a perfect way to spend quality time together and relax. Consider these affordable vacation ideas to avoid crushing your annual budget: Consider these affordable vacation ideas: 1. Camping There are affordable campgrounds located near most popular tourist areas and almost all national parks. There may even be a campground […]
You just need to be smart about how you go about creating wealth. Exercise discipline, delayed gratification, and teach yourself to have an eye for opportunities. Making many small decisions every single day that help shape your financial future will go a much longer way than trying to come up with the next great invention. […]
Medical savings accounts are a tax-advantaged way to save and pay for medical expenses that are not covered by typical health insurance plans. The four types of accounts are: ● Flexible Spending Accounts (FSA) ● Health Savings Accounts (HSA) ● Health Reimbursement Accounts (HRA) ● Medical Savings Accounts (MSA) All four accounts have different requirements […]
Numerous everyday decisions can have a deep impact on your household’s finances. You could be quite surprised how much influence your day-to-day choices have over your current debt, potential future earnings, and retirement. Financially sound households tend to consider the short and long-term potential impact of all financial decisions, including those that have nothing to […]
No age is too early to start building credit. If your child is nearing the end of college, there is no better time than the present. Without a solid credit history, even a good job and significant down payment may not be enough for your child to obtain a loan. There are many great ways […]
If you’ve heard the common financial advice once, you’ve heard it 100 times. Here’s a few tips that you might have not heard before? Sometimes when you see a new perspective, perhaps it will generate new ideas, thoughts, and actions. A new perspective may just change your financial future. Consider these financial tips to change […]
When selling your home yourself, you’ll have to actively look for potential buyers and communicate with them. You’ll have to be available to answer phone calls and emails and to provide more details about the home. Interacting with the vast majority of potential buyers will seem like a waste a time. Even so, it’s important […]
Thanks to Murphy’s Law, financial surprises happen to all of us. Sometimes no amount of planning is enough. Your car, home, and pets are all at risk of being stricken by unexpected calamities. An ill family member or unexpected funeral travel is another common setback. If you haven’t read some of our previous articles about […]
Financially Fit Formula