Past Articles From the Money Motivations Personal Finance Series, Designed to Motivate You to Live Debt-Free!
No path to financial independence has you simply sitting on your couch, drinking coffee, and watching daytime television while money pours into your accounts unless you bought Bitcoin a few years back, and then, well you pretty much only had to hold it! Regardless, the point is, you’ll need to develop a strategy that meets your needs, but first, let’s look at what ‘passive income’ refers to.
Read MoreWhat should you do financially to get through the coronavirus COVID-19 pandemic? Regardless of the current or coming health effects of COVID-19 on you or your family, the pandemic has affected and will continue to affect household finances for months and possibly a year or more. Having a plan, prioritizing spending, and using resources efficiently will be key to your financial stability.
Read MoreFinancial freedom usually means having enough savings, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our families. It means growing savings that enable us to retire or pursue the career we want without being driven by earning a set salary each year. Financial freedom means our money is working for us rather than the other way around.
Read MoreGeneration Z marks a drastic change in the way people think of money as a concept. While every generation is different, Z is proving to be one that will define the financial future. With challenges brought about by the current and past environment, this generation has to adapt. The unusual thing is that they’re acclimating and adjusting at a much faster pace than expected.
Read MoreAre you crazy in love, but your relationship is moving faster than your current budget allows? Are you and your partner already talking about getting married or buying a house together without thinking about how you will afford it? Are you considering moving in together to save money?
Read MoreFor the last century, a new system of feudal enterprise has taken over the American labor market. While many Americans may not find themselves under the patronage of a feudal lord, they do, however, experience a subservience not unlike that of the peasants that worked the fields during feudalism. Those who have consciousness of this modern-day subservience refer to this economic practice as “wage slavery”, but I think the term “economic bondage” fits better. Let me explain.
Read MoreWomen have made tremendous progress in various economic aspects over the years. However, it has been found that women still lag behind men when it comes to financial literacy.
Financial literacy refers to the knowledge of the skills and tools that we need to make informed decisions when it comes to using our money.
Read More
When visiting a grocery store, you must know ahead of time what you are looking for. Plan your trip after going through your pantry, fridge, and kitchen shelves. Delay your trip if you have enough to last the week. Avoid overstocking your pantry or fridge because it may lead to old products expiring before being used. That is the biggest waste of money on groceries.
Read MoreFinancial planning can be a tricky topic for newlyweds as they are starting a life together. It’s not easy to move away from the mindset of caring only for your own needs into one of balancing those of another along with it.
Read MoreWhen national emergencies strike, whether in the form of unforeseen natural disasters or approaching pandemics, preparation is critical for weathering the storm, so to speak, and emerging on the other side in the best possible financial position. What should be on a Personal Finance Checklist for National Emergencies? A personal finance checklist ahead of and during national emergencies should include steps to take that protects your household finances, minimizes the emergency’s negative effects on your money, and provides guidance for you and your loved ones in both best-case and worst-case scenarios.
Read MoreWith technology changing the face of online shopping, we are becoming avid shoppers through our smart devices. Statistics say that around 70% of smartphone users make use of online payment options while purchasing anything on the Internet for ease of payment. Be it ordering food or booking an itinerary, booking a cab or recharging a pre-paid card, everything seems possible with the click of our fingers.
Read MoreNo matter how hopeless your debt situation may seem, taking the right steps can help you work toward financial freedom, even if it’s still a long way off. Here are 5 financial changes you can make today to help you work toward getting out of debt.
Read MoreEverything gets a whole lot easier when you have a few key financial rules to keep your budget in check. Instead of hoping that you do not overspend every month, make sure you don’t even by giving yourself goals and guidelines.
These simple rules can give you the foundation you need to make better day-to-day financial decisions and get you one step closer to financial freedom.
Read MoreAre you struggling financially and considering filing bankruptcy? Here is a quick guide on ways you can file Chapter 7 or Chapter 13 bankruptcy with little or no money.
Read MoreAre you looking for ways to build your wealth? If so, here are some ideas you can try that include money management tips and micro-business ideas. Not only should you follow these tips but you also need to acquire the right investment attitude, which will help you persevere in turning your dream to reality.
Read MoreThere are many reasons to start budgeting. It can help you to reach both big and small goals, get out of debt, and build your credit. Knowing how much money is coming in each month and how much is going out can also be a stress relief since you don’t have to worry about overspending.
Read MoreFinding the best credit union for you depends on multiple factors, including whether you are eligible to join, whether the credit union is convenient for your banking tasks, and whether it provides the financial services and products you need. Here’s everything you need to know about finding the best credit union for you.
Read MoreThe commercialization of romance and love leading up to February 14th can be enough to sour just about anyone on the day’s celebrations. If you are single and not in a romantic relationship, you may still find several reasons to celebrate the day, if for different reasons.
Let’s look at what singles can look forward to celebrating on Valentine’s Day!
Read MoreBeing in debt is a burden no one wants, but it is increasingly getting harder to stay out of it given the continuously rising costs of living and the increase in student loans. Fortunately, staying out of debt is possible, and it is something we must all strive to do to reach our financial goals. These strategies will help achieve this goal.
Read MoreIn our busy lives, the monotony of handling our finances can be among our biggest challenges. We can even face financial crises due to poor money management and lack of emergency savings. Consequently, financial management has become a necessity for keeping track of your spending and increasing your savings.
Your life could be much easier if you managed your finances and followed a budget.
Read More
