Manage Money Articles

How to Automate Your Finances: Steps to Get Started

How to Automate Your Finances: Steps to Get Started

It might seem counterintuitive but automating your finances gives your more financial control. The less manual work you do with managing money, the more time you’ll have to mastering it. After I automated my finances, I realized the benefits of letting go manual control to focus on the tasks that had a big impact in growing my money. What Does…
How to Write a Check in 6 Easy Steps

How to Write a Check in 6 Easy Steps

At some point, you’ll need to write a check. It’s less common to write personal checks, but sometimes, like a landlord who wants a rent check, it becomes necessary. For instance, I recently had to send a check to renew my passport. I hadn’t written one in years. As I wrote the check, I realized this was an educational opportunity…
29 Clever Ideas to Save More Money

29 Clever Ideas to Save More Money

I believe that we shouldn’t spend more than we need to on any purchase. That means having a savings strategy and being tactical, like clipping coupons, using discount codes, getting rebates, and earning rewards. Every time you save a penny or two, you can then use that savings towards other goals. I’ve compiled a list of the many ways you…
Purposeful Savings Goals: How to Save and Reach Them

Purposeful Savings Goals: How to Save and Reach Them

Are you saving money? Do you find yourself making more excuses for not saving than actual money in your savings account? If so, it’s time to rethink your approach to saving and adopt a more purposeful strategy. Remember these: Saving money is important. Saving consistently is key. Saving early is impactful. And saving purposefully helps you reach your goals. Let’s…
How to Build Savings for Financial Stability

How to Build Savings for Financial Stability

Savings is a fundamental financial concept that involves setting aside a portion of your income or resources for future use rather than spending it immediately. It is a crucial aspect of financial wellness. What is Savings? Saving money simply means putting aside a portion of your income for future use rather than spending it all. It involves making intentional choices…
Pay Yourself First: How to Prioritize Your Goals

Pay Yourself First: How to Prioritize Your Goals

Pay yourself first. I’m sure you’ve heard and read this many times before. And it’s often repeated because most people don’t pay themselves first. Many of us understand the concept of saving money in theory yet struggle to put it into practice. We often make excuses, waiting for the perfect moment to start saving. “I’ll start saving once I get…
How to Automate Savings for Success: Set and Track It

How to Automate Savings for Success: Set and Track It

So you want to save money but find it difficult to save? Saving money is a cornerstone of financial wellness, yet many struggle to consistently set aside funds from their income. For years, I believed I could never save money until I learned how to save by having it done automatically. You see, life’s demands and daily temptations often derail…
How to Use Multiple Savings Accounts to Reach Financial Goals

How to Use Multiple Savings Accounts to Reach Financial Goals

Many people have just one savings account where they save all their cash for many reasons. This may be simpler to manage, but the downside is the inability to track your progress effectively. Having multiple savings accounts is the perfect way to allocate your money toward each financial goal. I was a saver who deposited all my cash into one…
Cash Flow Plan: A Simple Guide to Managing Your Money

Cash Flow Plan: A Simple Guide to Managing Your Money

Effective cash flow management is fundamental to budgeting and achieving your financial goals. By tracking your income and expenses, you can gain valuable insights into your spending habits, identify opportunities for saving and investment, and ultimately take control of your financial future. In this guide, we’ll walk you through the essential steps to a cash flow plan. What is Cash…
5 Important Personal Finance Numbers You Must Know

5 Important Personal Finance Numbers You Must Know

Your personal finance numbers are vitals that help you assess your financial health. Calculating these financial numbers offers insights into how well you’re doing and what areas may need improvement. The following are the 5 important personal finance numbers to know.: Net Worth Cash Flow Number Income Number Credit Score Debt-to-Income Ratio 1. Net Worth Your net worth is by…