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No Spend Month Challenge
Start the new month by challenging yourself to a No Spend Month! Get started by evaluating your monthly expenses and designate each expense as 'essential' or 'nonessential' spending. Your goal is to cut as much of the nonessential spending as you can each day. You'll have 31 days to examine your spending habits, prioritize your essentials, and reward yourself through savings!
Things happen, life throws us curveballs, and sometimes no matter how much we plan something won’t go “right”. When a financial setback happens, here are some tips for resetting afterward that we personally do: 1️⃣ Revisit your financial goals Use this as a chance to remember what they are, or make adjustments if you feel they are needed/no longer fit your values + priorities. If you have steps or milestones towards each goal🎯, adjust any that have been affected by this setback. 2️⃣ Make...
Organizing Savings: Emergency Fund vs. Sinking Fund
Organizing your savings is an important part of managing your personal finances. It really comes down to your emergency fund and sinking fund. Emergency funds are for emergencies only; they're there to save your butt when bad things happen. Sinking funds are for planned expenses, usually fun things like vacations, but can also be for necessities like certain bills. I have a sinking fund for my phone bill. Both emergency and sinking funds are essential elements to personal finance.
7 stages of wealth
Curious about the journey to financial freedom? 💸 Explore the 7 stages of wealth, from financial security to complete independence. See where you are and learn how to level up! #WealthJourney #FinancialFreedom #MoneyMindset #WealthBuilding #PersonalFinance #FinancialGoals #SuccessPath #MoneyTips #FinancialIndependence #moneymanagement
Money Management for Couples, Budgeting Tips for Newly Co-Living Duos
Are you and your partner navigating the exciting journey of living together and managing finances as a couple? These budgeting tips are perfect for newly cohabitating duos looking to establish a solid financial foundation together. These strategies will help you navigate the complexities of managing money as a team. Start your journey towards financial harmony today! #BudgetingTips #MoneyManagement #CouplesFinance #MyMoneyMindset
Daily habits for financial wellness: 1️⃣ Continue to learn about personal finance + investing 🎧 Listen to a podcast 📚 Read a book 🗣 Talk to a mentor 2️⃣ Practice gratitude Be thankful for where you are + how far you have already come. 🤍 3️⃣ Work on improving your money mindset Kick those negative money beliefs to the curb + rewire your brain to improve your money management skills + ability to earn more money. 4️⃣ Keep your goals center stage This doesn’t mean that I believe you shoul...