The holiday season is right around the corner, and with it comes the temptation to indulge and overspend. Protect yourself from “Buyer’s Remorse” and financial setbacks by planning ahead. Have you ever bought something just because you saw it on sale and then later needed that money for something more important? Yes, it happens to […]
Organizing Financial Records
When creating a well-managed household budget, it is important to have good financial records to identify all sources of income and expenses. A financial record is any document (physical or electronic) that reports the amount, the date, and the source of a specific transaction (an exchange of money, goods, or service). For example when making […]
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5 Min
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3 Tips for Your Budget
The purpose of creating a budget is to get a clear picture of how your income is spent and the frequency. Understanding this picture will help you make decisions that will minimize expenses and maximize income for a well-managed household budget. As the CEO of your household corporation it is your job to create opportunities […]
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4 Min
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The Value of a Budget
What is a budget? A budget is the process of tracking your income and planning for how it is spent to pay for bills, save for emergencies, and invest in the future. It is important to know where your income is coming from and when it is available for use. For example someone working multiple […]
Read Time:
4 Min
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