It's a common question that a lot of folks ask when they hear about the idea of working with a coach: " Why should I pay someone when I can’t even make payments on some of our debts?" This is an understandable concern. The bills are already sky-high and it seems like there's hardly any … Continue reading “We Used a Coach…My Cousin Didn’t”
Tag: financial coaching
Where Should I Put My Emergency Fund?
Step 3 of the Baby Steps program is to save three to six months of expenses in an emergency fund. This fund is not supposed to be used for shopping sprees, vacations, cars, sofa specials, or anything of that sort; only for true, emergency situations like a job layoff or medical incident. What to spend … Continue reading Where Should I Put My Emergency Fund?
What’s the Problem with Having a Car Payment?
Conventional "wisdom" says that there's no way around having a car payment every month. Vehicles are just so expensive that there's just no way a person can avoid it. You're stuck with that $500 a month payment and have to deal with it for the rest of your life. It turns out this conventional wisdom … Continue reading What’s the Problem with Having a Car Payment?
Money Won’t Solve Your Financial Problems
It's easy to think that if we earned just a bit more money, we'd be able to get ahead; that a few hundred dollars more a month will do the trick, or that a six-figure income is what really makes becoming wealthy possible. But contrary to popular opinion, that's simply not true. You may have … Continue reading Money Won’t Solve Your Financial Problems
Ever Have Buyer’s Remorse? Here’s A Strategy To Prevent It In The Future
How many times have you ever bought an item only to wake up the next morning and suddenly have that feeling of remorse for the transaction? Odds are, if you're a person over the age of 12, that's happened to you at some point. What if you've had this experience multiple times in your life … Continue reading Ever Have Buyer’s Remorse? Here’s A Strategy To Prevent It In The Future
97% of Millionaires Believe This One Thing, And It Makes ALL The Difference
In Chris Hogan's recently published book Everyday Millionaires, he wrote about some really fascinating statistics on typical American millionaires. The truth is far from media portrayals. Few millionaires ever hold an executive position, nor are many of them celebrities or professional athletes. Most simply worked hard over their entire lives, stayed out of debt, and invested … Continue reading 97% of Millionaires Believe This One Thing, And It Makes ALL The Difference
Five Quick Ideas To Save Money On Everyday Things
Gas: We all have to put gas in our cars, some more than others. But technology has some great tools for us. Use the GasBuddy app to find the cheapest gas station in your area. Just type in your zip code and the app will show the best prices instantly. If you also drive more smoothly, … Continue reading Five Quick Ideas To Save Money On Everyday Things
Got New Year’s Resolutions? Here Are Some Ways To Make Sure You Achieve Them
A new year is almost upon us once again, and many of us are of a mind to achieve a thing or two in 2019. Some estimates claim that nearly 40% of Americans make a resolution for the new year, but about only 8% of us actually achieve those goals. Indeed, it seems that most … Continue reading Got New Year’s Resolutions? Here Are Some Ways To Make Sure You Achieve Them
