Saturday, January 18, 2020

Tips and Ideas to Reduce Auto Insurance Costs

Auto insurance is a large expense.  Especially, once you add a new driver (child) to the policy.  It is also necessary as it mitigates your risk of loss.  I was fortunate to go years without using insurance and always gritted my teeth a little bit when the bill came due.  In the past year, have had a couple incidences, while minor, would have costs thousands without the insurance.  Net, I still have paid more for insurance than used.  That is good from a safety perspective.

From a cost perspective, you can not passively continue to roll the bill over as it comes due.  It will creep up and active management of it, I have found to be the best solution.  The following are some items that could save you some money:

Saturday, September 28, 2019

Financial Coaching - Plan Your Future Today


Financial coaching helps you plan your future, provides hope, change habits, and gain confidence in your ability to manage financial decisions. It’s a collaborative, private, and non-judgmental process between you and your financial coach that empowers you to set and reach your goals.

Most people already know how to save money and build wealth. The problem is actually starting. With a financial coach at your side, you’ll be much more successful in taking action.  Similar to working out – when working with a coach, you start and change occurs.

Monday, September 2, 2019

Personal Monthly Budget in Five Steps


“The plans of the diligent lead to profit as surely as haste leads to poverty” - Proverbs 21:5

To direct your spending and financial future a budget is a critical component.  It takes the initiative to start, the hardest step.  Once you start, a key to growing in personal budgeting is understanding that it won't be perfect, it gives you a guideline.  Unplanned events enter into the picture, it's inevitable.  A key is knowing where funds are flowing enabling you to adjust with shifting spending and growing an emergency fund for the unplanned necessities.  A monthly budget will show you how much money expect to bring in against all of your expenditures from required expenses (i.e. Housing, Food, Utilities, Transportation).

To start a monthly budget, the following are five steps: