An emergency fund is something that’s talked about a lot. You cannot begin to construct a financial plan, to pay down debts or invest in assets without having an emergency fund. If you don’t have money saved for the unexpected, you will turn elsewhere and begin a cycle of debt. So how much should you save – 3, 6, or 9 months pay?
*Flash backward* Its FRIDAY!!!! You just got paid (and just in time for the weekend! coincidence?) What are you doing tonight? Calling your friends to join you in celebrating the week’s end by getting all dressed up for a night of drinking, eating and shenanigans. What does a typical night out look like?
(NC) As a homeowner, there are many simple ways to reduce monthly expenditures and realize savings, and the easiest place to start is with your monthly energy bill. Here are a few changes you can make that can have a lasting impact on your wallet and the planet:
Twice a year the clocks are changed in order to preserve more daylight during our waking hours, and twice a year the population becomes out of balance as a result. During the fall the clocks are moved backward and we gain an hour of sleep. During the spring they are moved forward and we lose an hour – or as some would see it – the change is reversed. How does the time change affect your mental and physical health.?
In an effort to enjoy the benefits of financial stability and adventures in gluttony we tell ourselves that ignorance is bliss, and choose to take the easiest route to immediate satisfaction. What we don’t think about is the long-term effects. Here are a few common misconceptions and financial planning and dieting.
Scientists, scholars and great minds alike have been searching for the connection between money and happiness for years and it’s no secret that the majority of studies conclude that experiences provide more happiness than objects. However, money does in fact correlate to happiness, but not in the way you think it does.
Picture this, as you have dozens of times before.
Begin scene: You pack a small knapsack of necessities which consists of food, a few toiletries, extra set of clothes, and your passport/ID. You hop in the shower, get dressed, eat breakfast and head to work. No one knows it’s your last day, so you carry on with your normal duties all the while feeling a little less stressed, and a little more carefree. Why? Because you are not coming in tomorrow, or the day after that. When the work day is done you head towards the airport and purchase a one-way ticket to someplace you have never been. 5 to 25 hours later you arrive in unfamiliar setting, without expectations, without responsibilities, and without a past.
How many times have you looked at your bank account and wondered how 0.05% interest on your investment was ever going to make a difference in your life? How many times have you felt unappreciated, but realized that all banking institutions offered the same rate and there was nothing you could do about it?
The stack method is a well-known practice used to resolve debt in the fastest, most efficient way possible. It also helps to have a plan that can be broken down in a way that makes sense.
A new year is 365 more chances to change your life. It’s that time of year when we find ourselves looking back on the past and thinking about things we would like to do differently next year. There is always room for improvement. So here are a few popular new years resolutions along with an idea of how to achieve them if they are on your list!