Tag

Responsible Spending

Do You Need An Emergency Credit Card

Do You Need An Emergency Credit Card?

In Finance

Imagine receiving notice that a Catagory 4 or 5 was going to make a direct hit on your community and the authorities issued an evacuation. What would you do?  Would you stay or would you go?  The thought of escaping imminent danger is necessary, but at the same time how would you pay for it? As I was sitting with my sister trying to frantically look for $700-$1,000 flights (before the airline companies were shamed into reducing the cost), looking up pet policies for the airlines, and evaluating highway evacuation routes for which roads had the least amount of traffic,…

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4 Biblical Principles for Getting Out of Debt

4 Biblical Principles for Getting Out of Debt

In Finance

One day, I was at the mall and I could not afford to buy the outfit I desired due to financial decisions committed many, many years ago. As a college student, I would vacation out of the country, purchase expensive clothing, and make a series of other poor financial decisions using my credit card. Thanks to those irrational spending behaviors, I found myself feeling enslaved. Between my current monthly expenses and the $10,000 worth of credit card debt I had acquired in college, it seemed as though the money I worked so hard for was being snatched away from me….

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Can Rewards Credit Cards Help Me Save Money?

Can Rewards Credit Cards Help Me Save Money?

In Finance

Credit isn’t bad; the misuse of credit is bad. I wanted to start off by saying this, because some of you who are reading may be wondering why I am writing a post that sounds like I may be encouraging the use of credit cards. Some conventional financial advice encourages people to avoid credit because it can lead to overspending and ultimately financial hardship. A few weeks ago I shared information on building your credit, and this week I want to share how using credit cards can actually be a good part of your financial strategy. However, although credit cards…

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The Single Mom's Guide to Grocery Shopping in Ways that Save Money

The Single Mom’s Guide to Grocery Shopping in Ways that Save Money

In Finance

One of the biggest questions I get and have often wondered myself, is “What is the best way to grocery shop as a single mom?” The reason this is so challenging is eating healthy can be expensive and there may not seem to be enough time in the day to go grocery shopping. Then if you add on cooking the food when you are exhausted, that is another challenge. One of my biggest budget challenges has been the expense of groceries. I would set a grocery budget, but yet I struggled to stay within that budget. The biggest reason why…

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Why Your Credit Score Is More Important than You Think

Why Your Credit Score Is More Important Than You Think + How To Improve It

In Finance

One day I was speaking to one of my mentors and she told me that when she was growing up, she was told that credit cards were just like layaway (putting your clothes aside and making payments on them until the balance is paid off and then you take them home) except better because you could take your stuff home immediately. She said that she noticed that the people who were taught that were in financial distress. That story made me start thinking about some of the things I have seen and some of the beliefs I had about credit…

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