Do you know much money is in your account? I recently asked that question to students in my personal finance class. The silence said it all. They didn’t have a clue and that was very alarming. Here’s a typical scenario for people who aren’t proactive with their money. For those with direct deposit: On pay...
“When I have cash on me, I spend it faster.” Have you ever said that before? I used to say that for years, until I changed my way of thinking and the way I handled cash. I was not going to allow cash to run me or my bank account. I was determined to tell...
Memorial day weekend 2014, I was hospitalized for eleven days. Nine months later, I gave birth to Debt Freedom. I had to be induced because it seemed like it didn’t want to come out. The First Trimester The first trimester was filled with bed rest and so much sickness. I saw so many specialist...
In September of 2014, I started tracking my discretionary income and doing my monthly zero based budget. Prior to that, whatever was left over after I paid my bills and debt, it just disappeared. I’d been attacking my debt since around 2006, but it just wasn’t systematic. After I did my monthly zero based budget,...
In the beginning, I understood personal finances to mean paying your bills on time and ensuring there was enough money in the account to cover checks. Leaving home at seventeen to enlist in the Marine Corps set me up to receive money on the 1st and the 15th of every month. Early in my career,...