When I was growing up, my mother taught me some very important lessons about money, credit, and balancing your finances every month. All this before …
Not having to worry about bills, paying rent, or being able to buy things without guilt may seem like a distant dream. Achieving financial freedom is something we want to do someday when we make more money and have more time.
The time is now as there will be an endless number of excuses to start tomorrow.
While the idea of money management may seem difficult, it’s really not. It’s simply one more skill to be learned, just like we learned to write, read or perhaps drive a car. Believe it or not, no one is born with the skills to be a good money manager, but everyone can learn them.
We often live day to day, allowing the demands of the present to swallow up our money and time. We watch the money come in, and then wonder where it all went. We often feel we don’t have any control over it, so why should we worry about trying to manage it?
Because managing your money can help reduce the stress in your life. It can help give you a plan to take care of unexpected events and expenses. Most importantly, managing your money can help you meet the goals you’ve set and create the life you deserve.
In this section, we’ll suggest ways to help you live within your means and manage debt so it doesn’t manage you.
We’ll also show you how to develop a spending plan that will help you reach your goals. In addition, we’ll cover why banks and credit unions are a great choice for your money, show you how to manage expenses if you have children, and other tips.