Once you have decided to start saving and investing for your future, understanding the concept and value of compound interest or rate of return will be helpful in your planning.
Becoming the master of our finances is a pipe dream if we aren’t motivated and committed to making changes to our spending and savings habits.
For those who want to begin budgeting to gain control of their finances, now is a perfect time to start the process.
If you must finance your next car, do it smartly and not let yourself get buried with additional debt that is truly beyond your means repay.
I believe that your PITI mortgage payment should not exceed 25% of your net after-tax income.
I have come to realize that frugality applies to more than just finances and that simplicity is a way of thinking and living.
When it comes to saving and accumulating money; a little bit often adds up to a lot!
Many people will abandon a budget if it is too complex or requires more bookkeeping and analysis time than they can (or are willing to) spend.
Budgeting allows you to take control of your finances. You work too hard for your money to not manage it. Budgeting is simply implementing a plan for your money.
There was zero waste due to repurposing and recycling.