Here’s my gift-giving rule: Respect your current financial situation.
So many financial dreams are thwarted by the failure to act upon good intentions.
You must recognize embrace and be honest about what is real for you today and allow that understanding to inform the choices you make. Only then will you be able to build the future of your dreams.
I get so frustrated when people tell me it’s unrealistic to create an eight-month emergency savings fund or have money saved for a home down payment or pay off their $5,000 credit card balance.
It’s easy to underestimate the real cost of home ownership.
Like your home’s closets your financial clutter needs an overhaul every now and again and the payoff will go far beyond the psychic satisfaction of neatening up.
I always say ‘People first then money then things.’
If you are worried about job security and do not have an adequate emergency fund (ideally eight months’ worth of living expenses stashed away in a federally insured bank or credit union) you need to focus more on saving money than paying down the balance on your credit cards.
If you wait until your children are high school seniors to spring it on them that there’s not a whole lot of money for school they won’t have too many options.
If you’re not staying on top of your money you are putting your financial well-being at risk.
Never ever invest money that you will need prior to three to five years – minimum.
Opposites may attract but I wouldn’t put my money on a relationship of financial opposites.
People first then money then things.
Take free money. No matter how in debt you are if your employer offers a matching contribution on a 401(k) or other retirement vehicle you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.
The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don’ts.
The key to making money is to stay invested.
The less money you owe the less income you’ll need and the less you’ll have to save for tomorrow.
They got married they got divorced and half their money goes out the window.
Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.
To make the most of your money I recommend sticking with mutual funds that don’t charge a commission when you buy or sell.
Who would you want to be giving you advice? Somebody who doesn’t have any money?
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
A wise woman knows how to summon her courage and do what is right rather than what is easy.
A wise woman recognizes when her life is out of balance and summons the courage to act to correct it she knows the meaning of true generosity happiness is the reward for a life lived in harmony with a courage and grace.
In all realms of life it takes courage to stretch your limits express your power and fulfill your potential… it’s no different in the financial realm.
A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
Many people are in the dark when it comes to money and I’m going to turn on the lights.
Owning a home is a keystone of wealth – both financial affluence and emotional security.