Building Habits

If you’re in between jobs or simply looking for a way to get back into the workforce, a temporary position could be a perfect solution. But don’t think of a temporary position as a throwaway spot. Follow these five tips as a way to use the position to gain skills, …

Your job is the center of your financial life. No matter how many budgets you make or how strict you are about spending, you have no hope of surviving comfortably without the income that your job brings. But your career isn’t just about maintaining the status quo. It’s also about …

You’ve probably heard the phrase, “That money’s burning a hole in his/her pocket” a few times during your life. If not that one, then maybe you’ve heard, “Spending money like it’s water” or, “Easy come, easy go.” There’s a reason these sayings are so common—we all spend way too much …

Last month we discussed some powerful and damaging psychological processes that can undermine your budget and spending plan. Today, let’s talk about two more. Gambler’s Fallacy Odds and statistics can be helpful when determining risk, but there is a deep science behind analyzing data in order to determine resultant odds. …

You may think that you’re in total control over your spending decisions, but that’s not entirely true. There are certain psychological processes happening deep in your subconscious that can completely devastate your budget and spending plan. Let’s talk about three of them. Hedonic Adaptation Have you ever thought that getting …

Saving money on the groceries you buy each week is a great way to reduce spending and control your budget. If you’ve already switched to buying off-brand products and monitoring the sales but you still can’t get this expense low enough, here are five tips that can help push your …

Today’s excerpt is from the fictional tale: Financing Your Life—The Story of Four Families Taking Their Financial Lives Out of the Red and Into the Black. In this excerpt, we see the very beginnings of the meltdown for a seemingly successful family. Chapter 2 Kurt and Marcie Two Young Children, …

When you’re single and need to make a budget, it’s easy. You can write down your income, figure out your expenses and then tweak your future spending in order to aggressively pay off debt and increase savings—see? Simple! But when you have a spouse and kids, you have other people’s …

Today’s excerpt is from the fictional tale: Financing Your Life—The Story of Four Families Taking Their Financial Lives Out of the Red and Into the Black. In this excerpt, we see the tough choices that single-mom McKenna must face. Chapter 7 McKenna Single, but Not Alone On her way home, …

A few years ago, an idea began to circulate that it takes just three weeks to develop a habit. If this handy bit of information were true, then after three weeks of controlling your spending and paying your bills on time, you would no longer have to worry about disciplining …