It is one of the most basic questions of personal finance. But have you ever thought about what it REALLY means to answer the question “Can I afford it?” Do you just look at the balance in your checking account? Or do you go with your gut? Is it okay if the monthly payments aren’t … Continue reading How Do You Answer the Question “Can I Afford It?”
Category: Spending
Eight Things I Don’t Spend Money On, and One Thing I Do
Ever been curious about how someone else spends their money? It’s not something we get to see that often, but it can be interesting to peek into another person’s life, and maybe pick up some ideas for our own spending. To give you a look into my own spending, below are some things that I do … Continue reading Eight Things I Don’t Spend Money On, and One Thing I Do
“How can I get ahead when something always comes up?”
We’ve all been there. You’re going along, spending is on track, and then … something comes up. It’s the annual insurance payment, or it's someone’s birthday, or there is an out-of-town trip, or an unexpected car repair. Now you are scrambling to come up with the money, and you find yourself saying, “How can I get … Continue reading “How can I get ahead when something always comes up?”
7 Ways to Use Your Tax Refund to Level Up Your Finances
Expecting a tax refund this year? If you are one of the people getting money back, why not use this as an opportunity to make a real difference with your finances? Below are seven unique ideas for turning your tax refund into a bigger paycheck, smaller bills, more money for the future, more peace of mind, or just a … Continue reading 7 Ways to Use Your Tax Refund to Level Up Your Finances
Fast Brain vs. Slow Brain – Which One Is Making Your Spending Decisions?
Every day our brain has to make thousands of decisions, from the mundane to the more important. In a 2011 book by Psychologist Daniel Kahneman called “Thinking, Fast and Slow” he talks about two systems of thought that help us make these many decisions