For me an emergency fund is a lump of cash that sits in my bank account at the ready, poised for action, poised to save my butt from impending failure and doom, that can be readily accessed at a moments notice.
All in Budgeting
How does a teenager create a strong financial future?
Olivia spent the school holidays working hard and she has found herself with that wonderful problem, too much cash sitting in the bank. In this blog post, I detail a strategy to show her how to make her hard earned money work for her and create a strong financial future for herself.
The budget says YES!
I met Ronnie when she reached out to me via email and we struck up a conversation. In this guest blog post, she shares how having a budget has helped to get her finances under control.
Relationships and Money
Having a common goal helps. We equally don’t want to be broke now or broke in retirement. We want to work less now, enjoy family life now, be prepared when things go wrong and not be so reliant on other people to create an income. These goals keep us on the straight and narrow and they are something that we openly discuss.
Tracking Your Net Worth
It is important to track your net worth. How else can you know where you are financially so that you can plan for the future? The most important thing is to understand your financial position today so you can be moving in the right direction.
Budgeting. Such Fun!
I know that the thought of doing a BUDGET is dreary but once you have one set up it literally takes five minutes a week to update. I promise!