My Articles
It’s all about money self-care
My Articles
Squeezed by high grocery costs?
Budget is one of the most frequently used terms when it comes to money. Budgeting is encouraged so you can see where your money is going and where it could be used better.
So, let’s talk about the one item on everyone’s budget: groceries. This is an expense you can’t escape. We must eat to live, right?
Since the start of the pandemic, the cost of groceries has increased by 2.4 percent, and it’s estimated that in the first quarter of 2022, the overall increase will be 5 percent. This impacts your budget when you have a fixed amount to spend monthly on food.
Passive Income: What is is, and how to create it
Generating passive income is one of the best ways to build wealth without eating up your time.
This financial trend has helped many people increase their financial freedom, especially during the COVID-19 pandemic when we all have had more time at home to consider long-term goals.
So, what is passive income and how could it impact your life? Here are some of the ins and outs of generating income in a hands-off fashion.
There’s no time like now to plan for retirement
Want to retire in good financial shape? Here are some tried-and-true tips from local experts Kathy Rogers and Janera Harvey.
IN YOUR 20s
Kathy:
• Start saving and planning now.
• Take advantage of retirement savings plans offered by your employer, and contribute as much as it will match. If one is not offered, start your own.
• Purchase your own life insurance while you are young and healthy, even if you don’t have children or a spouse. It will cost less in the long run.
• Examine your values; what is important to you? Use those values to guide your decisions. Doing so will help ensure your future self will have a better financial life.
3 simples steps to a better financial future
Have you ever looked at the lives of people you know or don’t know and wondered how they became financially successful? For a split second, you may question what you are or aren’t doing, then go about your life.
These moments present missed opportunities to have the life and financial success you desire. You see, assessing our own actions or inactions is a chance to learn and grow. Instead, we often choose the status quo and don’t explore the unknown.
