When it comes to managing your money, it seems like once you think you have it all figured out, something always seems to come up. Or as the saying goes…stuff happens! Here is a list of 6 steps to help you.
In order be prepared for the things life throws at us, we have to first shift our mindset about how we tackle our finances.
This might sound redundant, but to manage your money better, you need to have a budget. LIKE a really good budget that you follow and track.
You should manage your money better, start your emergency fund by following these steps: 1. Decide on what you want to do next: 2. Have a goal to save 1 month of fixed expenses.
Remember, the purpose of having better money management skills is to make sure your prepared – dig your well before your're thirsty. So in that case, savings needs to be a habit.
When life happens, it is best to have some assets such as cash, handy. Sure this falls in line with your emergency fund, but in general just having the ability to say YES is comforting for you and your family.