10 Tips to Avoid Debt on Black Friday and Cyber Monday – 2024 Black Friday and Cyber Monday are major shopping events that offer great deals. Many people save up and make plans to shop on these days for holiday gifts and all-year supplies. But there is also a large risk of overspending when you […]
Debt is an everyday struggle for millions of Americans. As of 2023, the average American was carrying $21,800 in personal debt (not including their mortgages). This is a challenge that is hard to overcome. However, the journey has only begun once one gets themselves out of debt. Once that major hurdle is crossed, then the real work […]
Getting laid off is a challenging situation for a number of reasons. It’s a surprise, disruption, and morale hit. But most importantly, it’s a sudden loss of income. If you already have debt and are worried about living off credit cards until you can secure a new job, now is an important time to plan your finances very carefully.
One of the best ways to improve your budget is to change the way you spend. Always going over-budget can lead to financial stress and anxiety, but smart spending can instill confidence while also helping to make your budget more comfortable every month.
In marathon running, you need to conserve your energy, planning for the long-haul instead of burning everything you’ve got right away. The same is true when it comes to building a a plan for your budget, savings, debt repayment, and even investments. By planning your budget like a marathon, you can set yourself up for long-term success.
Managing your budget without a plan is like cooking without shopping for groceries first. You may feel like you’re just scraping by with the resources you have. But with a little planning and meal prepping, you can make the process a breeze.
