Here are some articles that caught my eye this week…
Proverbs 22:7 says that the borrower is a slave to the lender. Debt is a thief which steals our freedom, but it has become so normalized in our society that we often give little thought to the long term consequences. What could you do if you had no payments each month? How much could you save? What could you give?
As we get closer to the holidays many will be planning to travel to visit family. If you are planning a trip but it has been a while since you flew, here are some tips to help make sure you don’t have any surprises on that next trip.
Do you know your weaknesses? What store do you find yourself going to frequently “just to look around” and $60 later you walk out with 3 bags of things you didn’t know you needed until just after you stepped through the doors. Do you find your will power decreases when you are tired? Had a hard day at work and feel the need to reward yourself? Have a shopping friend and you find you always spend way too much when you are together? Knowing your spending triggers is the first step in getting things under control.
Technology makes our lives easier in many ways but it does open the door to issues our parents would have never dreamed of.
Most importantly, don’t make the biggest budget mistake of all: Not doing one! A budget doesn’t need to be complicated. All a budget is is a plan where you intentionally decide how you will spend your money instead of reaching the end of the month and wondering where it all went.
Almost no one likes to think about taxes (unless maybe you are an accountant) and April 15th seems like a long way away, but a few smart choices before the end of the year might ease the blow come April.