Starting a business can be a great way to improve your financial future, but it can also be a gateway to personal financial disaster. Business owners often think that if they borrow money for their business, it won’t matter if the business fails because it’s not a personal debt—but many …
Read More »Money Management Tip: Budgeting
Today’s money management tip comes courtesy of my new workbook Financing Your Life, scheduled for release on April 30. Money Management Tip: Macro- and Microbudgeting Before you work on the details of your budget and the individual categories that it holds, you must decide what increment of time your budget …
Read More »Excerpt From: Financing Your Life—The Story of Four Families Taking Their Financial Lives Out of the Red and Into the Black
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 tension mount for a young couple, Blake and Christine, who are trying to save money to buy a home—but …
Read More »Money Management Tips: Life or Death
Money management tips don’t have to be hard to make a significant difference in your spending. Today’s tip is a perfect example. It’s called Life or Death. To use it, simply ask yourself before every purchase you make, “Will this purchase mean the difference between life or death for me?” …
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