I know I've been going on and on about the Challenge I'm organising starting August 30th but I just can't help myself! I'm so excited about it! If you've been hanging around here for sometime, you know what a struggle all this financial journey has been for me. One of the good things that came out of it was the creative ways I had to find to save, or simply not spend, money! It can be a pretty lonely journey if you are not surrounded by people who, either, are on the same path as … [Read more...]
Archives for August 2021
How to start a spending fund for the Holidays, Christmas, Hanukkah, Black Friday or Cyber Monday!
This week, I'll be talking to you about starting your spending fund! What is a spending fund you may ask?? Well, it's a sinking fund! The only reason I'm calling it a spending fun is because it's more fun! If you are on a "spending plan" like me (aka a budget) you appreciate the little things and give fun names to all the categories you have going on with your "budget". Full disclosure, I think we should call things by their names and start the mental process of being good with … [Read more...]
Net Worth: The only way is up?
To finalise this week's series on Net Worth, we are going to look into it from another angle, meaning, once you have a positive net worth you don't go back right? Well, actually wrong, but let's see why.So, now that we established what Net worth is and how we calculate it, it's time to look at how we can keep it in the positive.We already established that Assets - Debts = Net Worth, we also saw that if we owe more than we own we have a Negative Net Worth, so your goal is to keep it … [Read more...]
How to not be discouraged by Low Income and High expenses and still build your Net Worth.
Disclosure: this blog post is actually titled "How, what you earn and what you spend, has to do with Net Worth, even if it's not shown in the math!" I only changed it on the headline because that one got more points... now that that's settled let's get into our weekly theme! Net Worth.Now that we know what Net Worth is and how we can figure out our own Net Worth, let's talk about our income and our expenses and how that can set us up, or not, to build an incredible net worth.The … [Read more...]
How much are you really worth? Let’s talk Money!
This week I'm going deep into all things Net Worth. What does Net Worth mean? How can you find out your Net Worth? Is it important to know your Net Worth? Why would you want to know your Net Worth? You get the picture!I spent a lot of years having a negative Net Worth (I almost wrote self worth but caught myself in time!), without getting into the debt talk all over again (you can find out about it on the about me page!) we are barely on the positive side now but WE ARE! and that's … [Read more...]
Summer, Money, Overwhelm and what to do about it!
It's already August and I have yet to get into summer gear!I don't know about you but it's been a struggle! I mean personally, professionally and financially!!! my mind has been wandering and not focusing and that has not helped either! Have you ever felt like, when everyone and everything is kind of telling you to be mindful, give yourself grace and take time for yourself... you do literally everything except that? It's been a struggle, I tell you!Personally I have been in so much … [Read more...]