Posted on 27. May, 2010 by Tyler Park.
Article from Winnipeg Free Press on the importance of budgeting.
“BUDGETING is a simple concept to grasp. We all understand that a budget is basically a plan so we don’t spend more money on expenses than we earn.
But the reality is, budgeting is much more difficult than we likely realize.…
Posted on 19. May, 2010 by Steven Smith.
Awareness Is The First Step On The Path
Have you ever heard the phrase, “ignorance is bliss”? While this may be true for a short period of time, reality will catch up to you, sooner or later. Unfortunately when it does catch up with you, it will probably sting a…
Posted on 11. May, 2010 by Steven Smith.
The Financial Path Least Traveled
In Applied Principle 1 of Money for Life, we learn that the financial path of many Americans is one leading directly to disaster.
“According to the Wall Street Journal, more than 70 percent of Americans live paycheck to paycheck. That means that nearly three-quarters of…
Posted on 07. May, 2010 by admin.
This video is for our members still grappling with how envelope budgeting is different from “traditional” budgeting. Nick Lashley, Money for Life Coach, talks about the core principles of Envelope Budgeting: creating a spending plan, funding envelopes, and performing envelope transfers to cover overspending in any single envelope.
…
Posted on 27. Apr, 2010 by Jennifer Streiff.
Car Meets Tree
During a Money for Life Coaching Session the other day I noticed that my clients had a few envelopes that had gone into the red. I asked them what had happened, and they explained that some unexpected expenses had arisen due to a family event, a forgotten…
Posted on 12. Feb, 2010 by Jennifer Streiff.
Recently I’ve had a few Money for Life Coaching clients that have developed a habit of resetting their Mvelopes account whenever they get a little behind. Instead of spending some extra time to get things caught back up and balanced out, they just simply erase it all and start over.…
Posted on 31. Aug, 2009 by Jennifer Streiff.
Mvelopes has some great automation tools built in so that you can simplify your spending management, but how much automation is too much? If you automatically assign all of your transactions, do you lose the emotional tie to your spending?
It’s great to automate your spending management and reduce the…
Posted on 09. Feb, 2009 by Debra Peterson.
Many years ago, I-along with many friends and family members-got caught up in the trend (for me it was an addiction) of creating handmade greeting cards and scrapbooks using rubber stamps and other popular scrapbooking supplies. I frequently shopped at local craft and scrapbooking stores, attended workshops offered by rubber…
Posted on 27. Jan, 2009 by Nick Lashley.
Overspending, in many ways, is what is at the root of most people’s financial problems. Essentially, they spend more money than they have and put the rest on credit. They build up debt until it reaches critical mass and then either cut back out of necessity, or use the equity…
Posted on 26. Jan, 2009 by Kris Higley.
When my wife and I were married, neither of us had ever created or used a budget or even balanced a checkbook, for that matter. We were both, as Dave Ramsey says, “Free Spirits.” When I joined Finicity, over three years ago, I was very impressed with and excited about…
