About Me

My photo
Lansing, Michigan, United States
I am a Mother, a mentor, a business owner, an employee. I am a person I have a busy life and would like to help others deal with their busy lives.

Monday, June 16, 2014

Technical Dificulties

So I was trying to do the series on money saving.  Unfortunately my computer is down.  I only have a tiny phone right now.  As soon as I figure out my computer I will be back to work.  Stay tuned up next is ditching the debit card.  I will talk about why I am doing cash only right now.   I hope to be back soon.

Thursday, June 12, 2014

Computer Problems

De to computer issues I will not be posting tonight.  Please stay tuned. Next part is going to discuss Cash versus Debt Card

Wednesday, June 11, 2014

Saving Money and Getting Out of Debt: To Budget or Not To Budget

I would first like to thank all of you for reading this blog.  I am very excited to announce that I have 1000 views as of today. I hope that I am helping people.  I set out to just start  blog and see where it went.  It has become more than that, it is now a place where I am determined to have an impact on peoples life.  Thank you for reading and being with me.

So we are on the journey to financial freedom.  A lot of people feel that having a budget is he holy grail of saving.  They claim it will keep you on track each month, that it will hold you accountable for your spending.  This does work for some people. 

Me personally, I do not use one.  I always forget to update them and then they make no sense.  Also for me it is just a reminder of how broke I am all the time.  I just do not find them helpful.  I am not saying do not use one, I am just saying I do not like using them.  This is something you will have to decide on your own if it is gong to be helpful or not.

If you decide to use one, make sure it will work for you.  If you are not a complex number person then do not choose a complex way to budget.  Go with the basics.  There are free budget forms on the internet that make it easy to do.  Make sure you are honest with the numbers.  You will not fix the problem if you are not willing to be honest about it.  Make sure you have all the numbers and categories you need.  Then simply add up your bills and essentials then subtract them from your income.  This will be the extra money you will have to work with. 

At this point hopefully you have a positive number.  What ever it is this will be the money you will use to Save and get out of debt.  Even if it is only $1 I can help you work with this. It will be weird at first but you can do it.  I am in this with you I am doing it right now so I know what I am talking about.  I only work part time but I have paid off a credit cards and my car.  This is with just y pay  check and every now and then I get child support but not every month.  I also have an IRA and two college funds going for m daughter.  If I can do it so can you.  Please feel free to ask questions I am here to help.

Tuesday, June 10, 2014

Saving Money and Getting Out of Debt: Have an End Goal

So you have made the commitment to save money and get rid of your debt, now what.  Your next step is to have a final result for why you are going to make this commitment.  You have to decide why saving is important to you.  What is in it for you?

What is it you are saving for?  Do you want a new car, or maybe a house.  Maybe you have kids and want to be able to pay for their education.  Maybe you are just tired of giving your money away to fees every month.   What ever it is you have to know what your working for.

This is important because if you are not working toward a goal you are more likely to go off track.  You will use excuses about why you will do it later.  You just tell yourself you will do it later.  Or just give up because it is not worth it.  With no goal you have no purpose and that can lead to failure.

For me it is being able to provide better for my daughter.  I want to be able to be able to send my daughter to school without taking out a bunch of loans.  I want to be able to not worry about my future when I am older.  I want to know that I will always be able to take care of myself and not burden my daughter when I am older.

What ever you reason is use it as your motivation for this journey.  It will help you when you fell like giving in to extra spending.  It will be the center of your change.  Make it something good to, something that will really keep you going when you want to give in.  Believe me, there will be times when you will say all this is too much and I just want to give up and do what everyone else is doing.

I am happy to have you on this journey.  I hope you will continue to follow me and find your freedom. 

Monday, June 9, 2014

Do you drink powerade

If you drink powerade and live near a store called 5 and below.  They have them for $ .69 right now.  Go get your savings on.  Stocking up on items when they are cheap is a great way to start your money saving adventure.

Saving Money and Getting Out of Debt: The Beginning

So You want to save money and get out of debt?  This is actually the first step.  Admitting that you need to get out of debt is how you get going.  A lot of people don't like to admit there is a problem.  If you can not do that then you will not be able to go any farther.

You have to start by admitting that you got yourself into a bad spot and now you need to get out.  Many people spend their years spending and digging the whole and then when they retire they have no way to take care of themselves.  They end up creating debt and then when they are gone their family has to take care of the problem.  This is not the position you want to leave your children in.

You have to commit today, right this minute that even if you do not want to take the steps I have used that you will do something to improve your finances.  You have to get the whole family on board and make sure they know what you are working toward.  If you are saving and your spouse is still over spending it will get you nowhere.  Have a family meeting immediately and put down  your foot.  Make it known that the family needs to make some changes for a better future.  If you are single then you need to make this commitment to yourself and hold yourself  accountable.  Your future depends on you doing your part.

If you are ready to improve your finances then stick with me.  I am going to walk you through different ways that will help you get things under control.  It is not going to always be easy but you are going to be happy you did it in the end.

Wednesday, June 4, 2014

Follow up

So this week was supposed to start a series on saving money and slowly getting ahead.  Unfortunately I was not able to start this week due to some personal issues.  I will be starting the series on Monday.  I really hope to have you here so we can go through this journey together.  I really am excited to help you all succeed in your financial future.  Please come back Monday and bring your positive attitude because we are going to make some changes.  This will be the beginning of financial freedom.  I hope to see you here.