Tacking your savings and budgeting goals can offer a lot of solutions. However, sometimes its good to start with the basics – paper and pen. We look at ways to track them adn more.
savings
How do you determine your net worth?
Determining your net worth gives you a great example of where your money health is at, and the path you need to go to meet your financial goals.
Why is it important to use short-terms savings, long-term savings and daily spending accounts?
Having short-term, long-term and daily spending accounts are needed for full financial and money health. Multiple savings accounts and checking accounts and more are covered.
What’s the difference between short-term and long-term savings?
Savings accounts come in a few forms: specifically, short-term savings and long-term savings. Each savings account is used for a different goal.
Why is an emergency fund important for your overall money health?
Your money health is important. Having an emergency fund means having solid planning and awareness of “what can happen, will”.
What are good reasons to have an emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – medical expenses, car repair, home repair, etc.
How much should I have in my emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – car repair, medical emergency, home repair, etc. Do you have one?
When is the one time focusing on saving and retirement shouldn’t be a first concern?
Focusing on savings and retirement is a smart move. However, there is a time where this might not be in your best interest.
My wife’s a saver, I use credit cards. How can we align our financial goals?
So your wife is a saver, and you only use credit cards. You do not have debt, but you want your financial goals to align better? There is one thing that works every time.
What are some steps I can take to plan my retirement?
Planning your retirement is a major task – well, it can be. In this article, we not only answer how, but give examples to show practical tips on being successful.