In this month's Twelve Months To Financial Fitness Challenge, we look at shopping habits that could be hurting your budget, and smarter, budget-friendly alternatives. Shopping expenses can be challenging to keep track of and keep under control because life happens, and unexpected purchases can come out of nowhere. Join us this month as we tackle keeping your shopping spending down.
Build Your Emergency Fund
It's suggested that you have six months of essential living expenses saved in case of an emergency, however 28% of Americans have no emergency savings at all.
Start a Budget
The first step to setting a budget is often the hardest. But once you get a handle on where your money is going, you can set realistic goals for spending (and saving).
Make Wise Savings Decisions
Understanding the different savings options available arms you with the knowledge you need to make the most of the money you save.
Back to School Savings Tips
We realize that back to school season can be taxing on your budget. That’s why we’ve put together some tips to help you out.
The Latest from our Blog
Pet expenses in the United States exceeded 99 billion dollars in 2019, a figure which has consistently increased year-to-year (statista.com). To no one’s surprise, pet ownership numbers have also grown: Approximately 67 percent of American households reported owning at least one pet, and those numbers increased during the pandemic. For many, pets are more than companions—they are part of the family. However, it’s important to remember that caring for a pet can significantly impact your finances and should be part of the household budget.
If you’ve been staying at home lately, you probably realize you are saving A LOT of money on entertainment costs, but you may be getting bored. For this month’s Twelve Months To Financial Fitness, we share some fresh new ideas for entertaining at home to keep everyone happy—and keep money in your savings account.
Financial difficulties are a leading stressor in society today, and this stress can have serious health consequences. Besides medical effects, stressing over money can cause depression and relationship problems. Financial stress can often be a cause of conflict in relationships. Fortunately, you can fight back against financial stress. Here are a few ways to get started and stop letting money woes run your life.
Many of the ways in which you spend your money comes from nothing more than a habit. From spending $15 on lunch every day to dropping $150 on new shoes, your costly habits can be a slow but steady drain on your finances. If these habits are bad for your finances, think about developing good habits that will boost your finances. Here are seven simple, good money habits you can adopt to help you keep more of your paycheck.