You might be surprised at what a difference even 5 bucks can make. Here are 5 simple things you can do with $5 a week to improve your future:
1. Make an extra payment toward your debt.
Many lenders will allow you to make multiple payments each month toward your debt. Just be sure that you’re having that extra $5 a week go toward principal, and not toward reducing the amount you’ll be required to pay next month or toward deferring a payment. The quicker you get a debt paid off, the quicker you’ll have money available to do other things with. (Interested in tracking your debt snowball and getting super motivated? Check out the Pay Off Debt app.) » Read more
If you’d asked me what financial health meant several years back, I’d likely have answered with “Being able to pay all my bills without running out of money”.
That’s because I was in debt and struggling to make ends meet. (I wasn’t alone, either. According to CFSI’s Consumer Financial Health Study, 57% of Americans – approximately 138 million adults – are struggling financially.)
But there’s so much more to financial health than “just” being able to pay your bills without running out of money. (That’s an important part, but it’s by no means the only part!) » Read more
Now I won’t pretend to know what the stock market is going to do. It might implode, it might skyrocket, or it might stagnate — or even do all three on the very same day. Who knows. But I do know that one of the (many) strategies for making money in the stock market is “buy low, sell high”. » Read more
As an entrepreneur, have you ever thought that all your money worries would go away if your business took off and became successful?
Well, the truth is that money worries don’t go away unless and until you address them. It’s not outside success that makes that happen — it’s you :)
And that’s good news. Addressing them could mean anything from blogging about personal finance, to setting up systems for how you handle your money, to changing your mindset about money in general.
Money mindset is typically the most important, because they way you view things directly affects the choices you make and the actions you take. And that’s what Jason Van Orden of the Impact group and I talk about today in this audio interview: