Personal Finance
14 Warning Signs That You’re Living Beyond Your Means
Living beyond your means has become so easy and common these days, especially since we live in a time when buying on credit and overspending has become the norm. If someone is living beyond their means, they’re spending more money than they can afford – the money they don’t even have. If someone is living within their means, they’re sticking with a sustainable budget and not overspending. But just because overspending and carrying credit card’s debt seem so normal nowadays doesn’t mean you aren’t doing a real harm to your current and future financial well-being by following the trend. You must live within your means to attain financial freedom and avoid unnecessary stress. If you’re now wondering whether you’re…
13 Smart Habits of Debt-free People You Should Adopt
If you’re planning to get debt-free or trying to stay debt-free, it’s always good to be inspired. Look at people you know who are already living debt-free lives and enjoying financial freedom. Whether it’s a friend, family member, or co-worker, the person you’re thinking of probably shares similar qualities with other debt-free people. Debt-free people aren’t necessarily wealthy. They are the people who are willing to utilize the resources they have, financial or otherwise, to pay off debt or avoid it altogether. If you want to be debt-free, you need to change your lifestyle and shift your mindset about money. It’s not going to be that easy, but once you…
12 Bad Habits That Are Keeping You Poor
Many Americans clearly lack expertise and wisdom in managing their own finances and end up broke for month after month. That leaves many people poor, even if their income puts them well above the poverty line. Yes, even if you’re earning a good salary or making decent money, you might still be living paycheck to paycheck. According to a recent survey from SunTrust Banks, Inc,- a third of higher-income households — those that bring in $75,000 or more a year — live paycheck to paycheck. There are certain bad habits that are keeping you broke and poor year after year, and in this article we will talk about that. When you’re…
Best Frugal Living Tips to Save a Lot of Money
Frugal living means being intentional with your spending and focusing on a few financial priorities. A consumer who wants to live frugally should think about their important goals and how changing their finances can help them reach that goal. In this post, I’m going to share some practical frugal living tips with you that can save you a lot of money and improve your financial health. People embrace frugality for various reasons. For some, it could be that they are going through financial hardship, and for others, it may be that they want to cut down their expenses to save more money. A good way to start living frugally is to…
11 Amazing Benefits of Frugal Living That Can Make Life Easier
To many people frugality doesn’t seem that appealing. Between couponing, pinching pennies, and budgeting, some people might view it as a restrictive, burdensome lifestyle. But, frugal living isn’t about being stingy; it’s about being resourceful and intentional with your money. And truthfully, frugal living has all sorts of benefits that can make your life simpler and easier. Most people confuse frugality with being cheap and living a life of deprivation because they believe the more money they earn the more they should spend. Well, honestly – when you take your first steps into frugal living, you can find it a difficult lifestyle to adopt and adjust. When you have spent…
20 Ways to Drastically Simplify Your Financial Life
Are you looking for ways to simplify your financial life? Unfortunately, most people’s finances are too complicated which is not good. It impacts on other areas of their lives, too. If your financial life is complicated and messy, it leads to procrastination and a lot of stress. When you take steps to simplify your finances, you are likely to reduce costs, save more money, and increase your financial security, independence, and peace of mind. Here are 20 tips for how to simplify your financial life and take back control of your finances so you can spend more time and energy on things that truly matter! 1. Track your expenses Before you…
