Personal finances can be intimidating. Perhaps it’s because our finances are so closely tied to other important aspects of our lives (e.g. where we can afford to live, how much we can freely spend and even how we stock our pantries). Or maybe it’s because most of us weren’t taught enough about personal finances in school growing up.
Your monthly grocery budget is probably one of your biggest monthly expenses. It’s also one of the easiest categories to cut back on in your budget. This makes it a great way to save extra money when you need or want to.
When you’ve been living abroad, moving home can feel just as complicated as when you first left for your new country. You may need to find another place to live, figure out transportation and deal with the emotional impacts of returning home. But you’ve got this, because you’ve done this before.
A budget is a simple financial plan you create for yourself that tracks your income and expenses each month. A good budget will categorize your expenses so you can see exactly where your income goes.
Financial literacy is the ability to fully understand your financial situation and make optimal decisions using the resources and opportunities available to you.
When you’re getting ready to buy your first home and you only account for the down payment, closing costs and monthly mortgage payment, you may be in for some unpleasant surprises about the hidden costs of owning a home.
Keeping track of all your monthly bills can be overwhelming. Between rent, utilities, student loans, Netflix, your meal delivery service, and those pesky credit cards, it’s a lot. But if you miss just one credit card payment, your credit score could take a big hit.
With 2020 behind us, now is a great time to start thinking about what your one big goal for 2021 will be. Wherever you are in your journey, whether you’ve decided on your goal, or you’re just starting to think about it, our ultimate guide to achieving your one big goal in 2021 can help you to take the next step. Ready to dive right in? Let’s do it.
We think being financially fit is just as important as being physically fit. And just like getting physically fit, the process becomes easier as the new things you’re practicing become habits. If you want to stop putting off financial fitness, here are 5 simple steps you can dive into today.
Financial literacy is essentially your comfort level when it comes to understanding your own finances. But more than just understanding them, financial literacy is the knowledge and skills you possess to make good financial decisions.