When I decided to leave my job I knew that working for yourself or have an irregular job schedule, budgeting on a variable income can be tough. So how do you budget when you don’t know how much you’ll be making? While it may seem that budgeting with a variable income is impossible, there are …
Cash Flow Forecast Flow is a beautiful tool for visualizing your finances changing over time, so that you know when you’ll hit your goals. Being able to look into your future cash flow lets you see how well you’re doing so you can make adjustments and better achieve your goals. Cash Flow Measures the Movement …
Most couples want to avoid talking about their financial habits and other times are afraid of having an honest communication about finances. Here it comes some questions you could ask your partner in order to be on the same page about your values and your goals. In my case I am responsible about …
The definition of an accountability partner is a person who coaches another person in terms of helping the other person keep a commitment or a goal and follow through. A reaserch was published and showed that not having an accountable partner to help a person accomplish their goal is one reason 92% of people did …
Teaching kids about money can be challenging – it’s a pretty abstract concept, especially since kids rarely see people using actual cash these days! Also teaching kids about money and how to make efficient money decisions can be a really stress-inducing thought. If you as an adult have any money stress , the …
A sinking fund is an efficient way to save money by setting aside a little bit each month in every category of your sinking funds . The term “sinking” likely refers to the decreasing level of debt remaining as it gets paid off. So every month you keep a note in your budget …
There are two kinds of spending leaks. The first is money you’re spending or overspending in a particular category that isn’t completely necessary. Food from delivery is a good example. There’s nothing wrong with going out on occasion, but ordering every day for lunch and a couple of nights per week is an excessive spending …
A budget is a plan for your money. When you have a predictable monthly income .The act of planning and watching where your income is going every month (or every paycheck). Where should I start ? Pay off one credit card, save for my needs of my family ( emergency , a pregnaxy , childcare …
Journaling is not just a way to write down your pains and your struggles and try to heal yourself through reflecting these strong thoughts and emotions but it’s also a strategy that has helped brilliant, powerful and wise people become better at what they do. In many researches scientists came to the conclusion that participants who …
Most women believe that taking steps to reach their financial goals is something that they will do “later.” But the truth is that if you are not determined to start right now you will never do it. There are 3 critical steps before you set your goals . Reconnect with what you really want .We …