Monthly archive: April 2011

If you have been following the 30 Steps of Financial Literacy Month you have a better view of your financial health. The steps give you the knowledge to improve your financial situation. I hope with the tips and ideas I have shared you will continue watching your spending habits and continue with the changes. Just [...]

Change may be hard, but the payoff can be priceless. In addition to improving your financial situation, you may also find your money management skills can benefit other aspects of your life. I hear many people say they have never been good with finances and money. In many cases that is because we had not [...]

Managing your finances can be like putting together a puzzle; all the pieces need to fit in order to be rewarded with the “big picture.” Working with one or more of these financial professionals can help put the pieces in place. A tax advisor can provide tax advice and assistance to consumers. They can help [...]

Over the past few days, some AreaVoices blogs were blocked by the anti spam software. Mine was one of the blogs blocked. You can catch up on the posts from the last few days at my other blog. I have also started another blog focusing on resources and tips to teach kids about money.

One of the largest expenses most families has is on groceries. By making small changes in the way you shop can help you reduce the amount you are spending on groceries. One way to save money is to prepare a weekly menu of meals. When making your menu plan, try to make meals with items [...]

The next step in getting your finances in order is to document your spending. If you have been tracking your expenses, record those expenses into different categories along with your fixed and periodic expenses. There are computer programs available to help you do this such as Quicken and Mint or some people use an Excel [...]

I have been talking about budgeting and knowing what your fixed and variable expenses are. In addition to knowing what your monthly expenses are it is also important to budget for periodic expenses. Periodic expenses are expenses that are not paid on a regular monthly basis. Some examples are holiday expenses, tax debt, auto registrations [...]

Continuing through Financial Literacy Month the next step is to identify and document your fixed monthly expenses. Fixed expenses are those that do not vary from month to month. Examples of fixed expenses include car payments and mortgage or rent payments. Fixed expenses are the most difficult to manipulate. There is a worksheet on the [...]

In the past few years there has been more resources becoming available to teach kids about money. Although it is not known yet if it helps to start teaching it earlier, it seems like it cannot do any harm. I have volunteered for Junior Achievement the last two years. It is a fun and very [...]

In most cases, your financial health doesn’t depend on how much you earn, but how much you spend. Your fixed expenses will be the same each month and can’t be changed but you may be able to make changes to your variable expenses. Many people do not pay attention to how they spend their money [...]