Investing is a powerful tool that many people are too afraid to try. By not understanding how investing money works, you miss out on valuable returns and lose the power of having your money work for you. In one of my previous posts, “Why Compound Interest Matters and Why it Literally Pays to Start Saving …
Living Below Your Means – 5 Ways to Successfully Do It
If someone asked me what the one best piece of advice or tip to financial success is, I would say that it is the act of living below your means. But what does living below your means even mean? To put it simply, no matter if you make $30,000 a year or $300,000, the most …
Why Is Saving Money Important: 10 Benefits of Saving Money and More
Have you ever been told that you are a saver or spender? Even if you are more a spender (and can’t wait to buy those next pair of shoes with your paycheck), saving money has many significant benefits. Saving money is necessary to live and is also a great life skill and habit to master …
Missing Money on Your Paycheck? How to Read Payroll Taxes and What the Withheld Numbers Really Mean (In California)
Have you ever looked at your paycheck and thought to yourself, “Am I missing money? I thought I got paid more!?” Well, I have too. Unfortunately, this missing money is due to taxes in California. Paycheck stubs are generally divided into four main categories:• Personal information• Earnings• Deductions• Withholding We will be solely focusing on …
Living in a Pandemic with Money Anxiety: How to Manage Mental Health with Financial Stress
Have you ever felt stress, fear, or concern over money? If so, you are not alone. Money anxiety is a real issue in our world and can negatively affect our mental health. The COVID-19 pandemic has more recently contributed to a collective feeling of uncertainty and fear that could be classified as money anxiety, especially …