There are things we pay for and such things like cable, Internet, heat are dependent on us paying for them. Not everything in life is free, these recurring charges we can be expected to pay for. Expenses are inevitable necessities. The objective is not to have too many expenses. As this will mitigate gains. Our… Continue reading Expenses
Category: Savings
Tracking Spending
The great thing about today is there is an app for everything. It’s interesting and you may learn a little about yourself by looking over past statements. Just in case you have a habit that has gone unnoticed. Your goals are much better aligned with your coming results when you are providing a clear picture… Continue reading Tracking Spending
Allocation
Intro. There’s things we want slash need to buy every month. I Wi-Fi, groceries. These are things I have to pay for and things I don’t. I need to know this so i can designate some money to savings. Thereby, paying my future self. I can better weigh risk by putting into stocks , markets.… Continue reading Allocation
On FDIC
Have you gone to the bank lately? If you’ve made a deposit you may have noticed that the bank insures up to $250K. You might have given some thought to it, on how banks make money that is, and the reliability of banks returning your deposit. If you recall the crisis with Silicon Valley Bank… Continue reading On FDIC
On Lottery
Americans spent $105.26B last year playing the lottery. Many have played and won jackpot prizes. While numerous individuals try their luck in the lottery, hoping for a grand prize to buy a car, a new house, or achieve financial wealth, it’s crucial to understand that wealth creation is not merely a matter of luck. In… Continue reading On Lottery
How to get started on Budget Management
Good budget management will better prepare you for the future. Begin with a goal you have. Make priorities based on your needs and wants then have a plan to bring it into action. Budget management will have positive impact on your financial health. Why budgeting is important Everybody should have a budget. If your goal… Continue reading How to get started on Budget Management
Financial book reviews for beginners: Atomic Habits, James Clear
After hearing about this book over the past few years, I finally decided to purchase it. It seems to be really popular because there was a 6 week wait on the digital copies at my local library. Nonetheless, I am really glad I purchased my own copy because I can highlight and take notes in… Continue reading Financial book reviews for beginners: Atomic Habits, James Clear
Price versus Value analysis
You always want to spend less. To have more money. Applying for a CC you want a lower APR. APRs at 25% are too high. We want to manage our credit. Additionally, we want to manage with low APRs. I have done a lot of work on my credit. My focus has primarily been… Continue reading Price versus Value analysis
Understanding the Four Buyer Types
Your financial success depends on your spending and saving habits. Your attitude and beliefs with money is an indicator of how you view it. Your behaviours with money are indicators of your beliefs and attitudes towards it. Do you prefer eating out at a nice restaurant or preparing a meal in the comfort of your… Continue reading Understanding the Four Buyer Types
Introduction to State Disability Insurance Funds
Safeguarding Income: The Role of State Disability Insurance Funds State Disability Insurance Funds (SDIF) are government-administered programs designed to provide financial assistance to workers who are temporarily unable to work due to non-work-related illnesses, injuries, or disabilities. This essay aims to define State Disability Insurance Funds, underscore their importance in supporting workers during challenging times,… Continue reading Introduction to State Disability Insurance Funds