Now that you’ve written down your monthly expenses, I’m sure you have started to see spending areas in which you can cut back. Remember, when you are getting out of debt, it is imperative to make short-term, temporary sacrifices now so that you can win financially long-term. Everyone’s situation is different, and everyone has different [...]

By now, you are fully aware that when you are in debt and struggling to make minimum payments, sacrifices are inevitable. You MUST do what you can to earn more money, cut your expenses, and aggressively pay off your debt. Get a second or third job, sell some items, or ask your manager for that [...]

Many individuals and families find setting a budget to be a daunting task and can’t seem to keep a budget intact for very long. The key to not feeling trapped and bossed around by a spreadsheet is to consider it a ‘spending plan’. YOU get to determine where your money goes! Spend your money by [...]

Today’s blog is a reflective exercise to acknowledge what is going well and not so well with your finances. If you’re not in a place where you can write your answers now, please consider your answers to these questions until you can complete the exercise fully.To get started on your debt-free journey, it’s really important [...]

With ever-increasing daily expenses, such as gas & grocery prices, money is especially tight these days. Here are my top 5 ways to save money today. Tip #1 – Grocery shop once a week You will save both time and money with this tip. Since you’ll only be going shopping once, you’ll be saving on [...]

Are you thinking about borrowing against your 401k? With the value of your 401k going down, wouldn’t it be better to use it before you lose all of it? Unless you are facing foreclosure or bankruptcy, you should NOT borrow against your 401k and here’s why: The loan is tied to your employment. At some [...]