Budgeting and Cash flow
Are credit card surcharges worth the points?
When a retailer charges a surcharge for paying with your credit card do you pause and instead pay using EFTPOS (from your savings account)? Or do you say “that’s ok” and perhaps think “I want the points”? In this month’s Mens Health magazine (May issue) I’m quoted in an article on how to make good [...]
Budgeting tip: Medical costs
You don’t know when you’re going to be sick and need to see the doctor. That makes it tricky to include an allowance for medical expenses in your budget. Medical expenses are included under the category of “irregular expenses” in my budgeting approach. You save a regular amount each pay period into a dedicated savings [...]
Budgeting tip: They don’t make things like they used to
When an electrical good suddenly gives up you can be faced with finding a tidy $1,000 or so to replace it. For many people this causes unwanted financial stress and can result in them funding the purchase through debt or other savings. Neither of those options is ideal.
The New American Money Math
A pithy observation today from fellow financial educator Carl Richards. I recommend you click through to read Carl’s article that accompanies the sketch.
Better budgeting
For many people the word “budget” conjures feelings of restriction. (Just like the word “diet”.) However a good budget should be the exact opposite. It should facilitate you having enough money for the things that really matter so you need not feel restricted. In this article I reveal a better budgeting technique using the model “Pay Yourself First (in practice)”
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