Money Management
Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.
7 Money Management Tips to Improve Your Finances.
Track your spending to improve your finances. Create a realistic monthly budget. Build up your savings—even if it takes time. Pay your bills on time every month. Cut back on recurring charges. Save up cash to afford big purchases. And, start an investment strategy.
This understanding provides you with a 360-degree view of your financial picture. The goal is to apply key financial disciplines to help you overcome the obstacles to wealth.
With a clear purpose for your money and sound management principles behind it, you are in much more control of your financial destiny.
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$77,000+ is the Magic Number for Million Dollar Millennials. How?
After spending about 5 years trying to help people through resume building, financial literacy tips, articles, personal 1-on-1s; I Found out Financial Literacy can be Easier.
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Home Ownership – How Much Can I Afford?
*Tips and Tricks Underlined While my roommate was having a fit about AC (in late July 2016); I ended up chatting with the landlord. Turns out he was selling the other apartment; and showed it to me. He said $125k. I said sold First of all, I don’t think your first purchase should be that complicated. You need to know the price and understand how much you can afford. I ended up purchasing my first home in October of 2016. It was in the same condominium complex. Additionally, I knew the area and the price was reasonable compared to the crazy studios in DC for $250k+. Reducing my expenses the year prior…
