Our financial worries can be one of the largest causes of stress in our lives today. Whether we like it or not, worrying about money can sometimes be unavoidable.
Our rent, groceries, transportation, debts, etc. are all things that can keep us up late at night. Sometimes even the thought of logging into our online banking can give us anxiety.
Believe me, I have been there and it is terrible. Being stressed about money can cause many negative things in our lives. It is the number one thing that married couples argue over.
It will cause your mood and energy to be at an all time low. It also makes it harder to scroll through much of our social media these days. We see photo’s of people on beaches, on yachts, traveling the world with seemingly no worries. …
When it comes to buying groceries there are many ways in which we can save more money. The average person is said to visit the grocery store 1.6 times a week.
To make things easier lets move that down to even 1 time a week. This means that in a single year, you will visit the grocery store about 52 times.
If you were to save $20 per visit, that would be a extra annual savings of $1,040.
Depending on the amount of groceries your are purchasing each visit (full carts or just baskets) you may be able to save $30 — $40 which could push your annual savings to $1,560 — $2,080. …
When it comes to budgeting, there can be a misconception that those who are living on a budget are ‘cheap’.
This mistaken label often comes from those who have never lived on a budget and have no idea what it takes. They have no understanding to the conscious effort it takes to be good with your money.
I have talked to many people who even shy away from telling others that they are living on a budget for fear of being seen as ‘cheap’. …
Why does it have to be so hard? I seemed to ask myself this question a lot when I have first finished school and was staring down the barrel of extreme amounts of debt.
I felt like I was never properly prepared to face such a burden of this magnitude. Almost as if I wished there was some type of warning to how hard it will be to pay down my debts.
I used to think back to all the hours spent in school and wondered why they never talked about this stuff. …
There are always times in our life where we find ourselves in some sort of a slump. This can come in many different forms. Whether it be with our career’s, relationships, mood, confidence, appearance and just over all well being.
Sometimes we find ourselves on a plateau. We may not necessarily be moving down but our momentum and drive have stopped all together.
This is very common and something that in many ways simply cannot be avoided. However, while we may not be able to avoid these situations, if we are not careful this can lead to further damage.
Being in a slump or a plateau can cause us to questions ourselves. We start to lose confidence and our self esteem begins to deteriorate. We need to counter these feelings when they start to creep into our lives. …
Paying off debt can be one of the hardest goals a person sets out to accomplish.
Why is this?
Because, paying off debt isn’t something that happens overnight. It takes time and discipline. Both of which most people aren’t willing to accept.
There can be a misconception about debt, that there is something out there that a few know, while others are left in the dark.
Here are five hard truths about debt:
#5 — Self Control
Your self control will be one of the biggest deciding factors in you reaching your financial goals. …
One of the biggest issue most people face today, is a constant battle with overspending. Companies have made it easier than ever for you to spend money that you don’t have.
Credit and debit cards have us spending money without actually seeing it leave our bank accounts. It isn’t until we login that we see that damage that has been done.
Marketers have gotten extremely good about making us want to spend money in an instance. They have created a sense of urgency with us so that we are constantly wanting the new “great” product.
Think back to every cell phone that you have ever gotten. In the moment of purchase, you felt like you needed that new phone. That it’s new features, look and feel were going to satisfy your every want. …
Being in debt is one of the major causes for most peoples stress today. It is something that almost everyone has experienced at one time or another in their life.
It can feel very overwhelming, and extremely confusing on what to do when we find ourselves in debt.
No matter how much debt you currently have, this three step process will work. Paying off debt takes consistency and discipline. It is not generally a quick process.
Good things take time, and will require you to make certain sacrifices.
1.) Track Your Purchases
If we want to pay off our debts faster than ever, the first thing we must do is start tracking our purchases. …
Sometimes it can feel like everything is against you, that no matter how hard you try things still keep beating you down. Most of us have had this feeling, and it is very unpleasant. There can be a sense of helplessness, a feeling of complete deflation.
Feeling discouraged can put an immediate stop on all positive progress that you have worked so hard to achieve. It can cause what you once looked at as motivation to seem completely mundane and pointless. At this point you can start to believe the negative self talk that you have worked hard to avoid. You start to believe that things just weren't meant to work out for you. …