Top 14 Budgeting Tips
Top 14 Budgeting Tips Just Start Taking the first single step and initial action brings you that much closer to your ultimate goal. To build financial wealth you must take action and certain proven steps. Step 1 is usually the hardest. However, the first step will take you to your second step. Track your spending […]
Easy Budgeting Tips to Achieve Your Goals
Easy Budgeting Tips to Achieve Your Goals Just do it, a journey of a thousand miles begins with a single step. When looking at your finances and your long term goals (goals 12-24 months or more away) the road seems long and impossible. Take the first step and initial action. That small step has you […]
Why most people stink at making a budget?
Why most people stink at making a budget? What is a budget? A budget is an estimate of income and expenditure for a set period of time. Why are some people much better at this then others? Some of it is upbringing, experiences and education. As children we grow up watching how parents live, work, […]
How to determine the retirement savings need
How to determine the retirement savings need How to determine the retirement savings need is a critical part of establishing long term retirement goals. We will break this down into retirement income needs and various income sources. Income needs Retirement income need is the dollar amount needed to support a desired lifestyle. quantifying this need […]
The ABCs of credit card reduction services
The ABCs of credit card reduction services The ABCs of credit card reduction services. When it comes time for you to rid yourself of your credit card debt, there are many different ways to go about it. With so many choices to make, the process can be a little daunting, and very nerve-wracking. Fortunately, knowing […]
Assets Liabilities and Net Worth
Assets Liabilities and Net Worth Assets liabilities and net worth reveal your financial position as of a specific date, and they are used to construct the personal statement of financial position, or “balance sheet.” Such a statement is a good measure of financial health and will help you identify what assets may be available to […]
Cash Flow Statement
Cash Flow Statement Cash flow statement serves as a tool to help identify your current spending patterns. Having insight to your spending habits is a good starting point for predicting spending in retirement. Despite your initial reluctance to create a cash flow statement, this exercise is usually eye-opening! The cash flow statement is illustrated by […]
How to save money on travel for budget-friendly summer vacations
How to save money on travel for budget-friendly summer vacations How to save money on travel for budget-friendly summer vacations. Debt is an enormous problem for Americans. According to recent figures, up to 80% of Americans are saddled with debt, with the median household deficit being over $130,000. Though the most common sources of debt […]
Confronting your current financial situation
Confronting your current financial situation Confronting your current financial situation. Living in the present is difficult for dreamers like me and you. We are always imagining what tomorrow will bring. Our hopes and dreams, our business plans and future travel adventures. However, when it comes to our finances it is best to live and spend […]
Stop Shopping in Your PJs
Stop Shopping in Your PJs Stop shopping in your pjs, Amazon, Target and almost every other retailer has allowed us to shop online from our pjs. I’m guilty of shopping in my pjs. However, shopping at home in your pjs can destroy your budget and stop you from building wealth. At Budget Build Buy we […]
