Sharing Finances
The decision to share finances depends on where you are in your relationship, as well as your personal preferences. While some couples pool the majority of their money into joint accounts, others opt to keep their accounts separate and split their expenses. Before you decide, research your options. Some routes, such as taking out a…
Emergency Supplies on Credit
At Luthersales™, we believe preparation is the best emergency plan. Consider using our buy now, pay later Storm Center financing plans when you need emergency supplies. We also provide special options for people who need bad credit financing. Depending on where you live, winters can be brutal. Monstrous mounds of the white fluff can make your daily commute a challenge.…
The 50/30/20 Method
Put 50 percent toward “needs.” Needs include monthly essentials like rent or mortgage payments, food, utilities, student loans, and credit card minimum payments. Put 30 percent toward “wants.” Wants include new clothing, entertainment, and going out to eat. Put 20 percent toward savings and debt. This bucket includes paying down credit cards, building up savings…
Plan For Retirement
Take advantage of interest and market upturns by saving for retirement early. Often your employer will help you save for retirement with a 401(k) plan. You can also benefit from pre-tax contributions using this method of retirement savings. What do you think of these tips? Please leave us a comment below and be sure to share…
How To Get Financially Fit
Staying fit is important, both physically and financially. Most people know how get healthy: exercise and eat right. But not everyone knows what it means to get financially fit. Financial wellness can mean different things to different people. Some might say it is defined as the quality of a person’s financial wealth. A person’s financial wellness can fluctuate between…
Save for Emergencies
A good rule of thumb is to have a minimum of six months of salary available in your savings account. While this goal will take time to achieve, it is important to strive for it so you’re prepared for most unexpected emergencies. Are these tips working for you? Please leave us a comment below and…
Automate Your Savings
Automate your savings. This is a trick many financially savvy people know about. Before you spend a single cent — put away at least 10 percent of your income into a savings account. If you can, put all bonuses (or any expected income) into this account too. Name it something fun like “Round the world…
Turn Your Home Into An Autumn Retreat With These Simple Tips
Most folks get excited around this time. Mornings on the beach are traded in for nights cuddled on the couch. Scents are rich and warm, and colors are deep and earthy. It’s nice to indulge in fall-themed everything because it’s gone as quickly as it came, moving aside for the colder winter months. On the calendar, you have…
Think About The Outcome
The fastest way to move forward is not to focus on a to-do list of rational steps to move forward but instead to clarify in detail the outcome that you want. When that same outcome is kept top of mind for a sustained period of time, your attitude shifts. When you apply this consistently over…
Create A Mental Picture
Develop a single exciting mental picture of where you want to be in five years, “Each day as you pull out of your driveway on the way to work think about that image.” Maybe this sounds a little silly, but visualization is an effective motivational technique. It might feel like you’re just daydreaming, but you’re…
