What is the first bill you pay each month? Is that bill working towards building and growing wealth, or is it going towards pure consumption?
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If you’re worried about your job, it makes sense to do what you can to prepare yourself and your finances for the possibilities of a layoff or hours reduction.
While a higher income can certainly help you get your feet back under you, ultimately it doesn’t matter how high your income is if you don’t manage your money appropriately and live within your means.
Instead of making a list of several money goals, try picking one big thing to accomplish during the year. The great thing about this approach is that you have one over-arching goal that can be broken down into manageable steps.
In 1992 the Small Business Administration laid down the foundation for the Microloan Program that increased small loan availability for the small business borrowers.
The debt avalanche is an overlooked method to paying off debt. You save money using it but it's hard to stay motivated. I share how to use it to kill debt.
If you are someone who cares about money, you are likely to have many financial advisors in your life. Being broke is easy, but building wealth and security takes effort