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Budgeting: When You Track It, You Get Better at It

Budgeting: When You Track It, You Get Better at It 5

While you would be shocked to hear of a business running their operations without a corporate budget or the ability to account for how much is spent on marketing versus how much is spent on utilities, we live our lives in just that way. We don’t how much we spend on groceries, eating out, or … Read moreBudgeting: When You Track It, You Get Better at It

A Game That Will Teach You to be a Cash Flow Maven

The other day I was helping a friend prepare for a personal finance presentation to a group. I suggested that she breaks up her presentation with a group activity so that the session is more interactive. I don’t know if she will use my suggestion or not. However, I want to share the idea with … Read moreA Game That Will Teach You to be a Cash Flow Maven

Money Lesson #1: Basic Finance, Cash Flow, and Risk Management

Money Lesson #1: Basic Finance, Cash Flow, and Risk Management 9

A few nights ago, it dawned on me that being the sole handler of our family finance is our biggest liability. That is a huge risk, if something ever happens to me. Even if I take out an insurance policy large enough to support my wife and our son, it will not help if she … Read moreMoney Lesson #1: Basic Finance, Cash Flow, and Risk Management