Creating an effective spending plan with variable income

Posted on 22. Jul, 2009 by Jennifer Streiff.

Creating an effective spending plan with variable income

I have several Money for Life Coaching clients that are independent contractors. This often means that their income is variable and can often be inconsistent as well. Despite the common misconceptions, you can still build an effective spending plan even with variable income, and you can also plan ahead for…

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Month-End Reconciliation

Posted on 17. Jul, 2009 by Jennifer Streiff.

Month-End Reconciliation

As a Money for Life Coach I often get asked about what needs to be done at the end of each month before starting the next one.  There really isn’t anything that needs to be done before moving into the next month.  The only thing you may want to do…

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“Mvelopes–Creating Financially Happy Homes!”

Posted on 09. Jul, 2009 by Debra Peterson.

“Mvelopes–Creating Financially Happy Homes!”

Lori and Sheldon
Recently, I had a delightful conversation with Lori.  She lives with her husband, Sheldon, in California.  During our conversation, I learned many wonderful things about Lori.  Portions of our conversation follow.
Q:  How long have you been using Mvelopes?

A:  A little over a year.

Q:  How has…

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“Mvelopes helps me manage my money the way I want to manage it!”

Posted on 08. Jul, 2009 by Debra Peterson.

“Mvelopes helps me manage my money the way I want to manage it!”


Jason
I recently had the privilege of speaking with Jason (from Highland, Utah).  Jason discovered Mvelopes a few months ago and it was clear from speaking with him that Mvelopes has already had a very positive impact.  Portions of our discussion follow.
Q:  How long have you been using Mvelopes?

A: …

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Do not raid your retirement accounts

Posted on 26. Jun, 2009 by Steven Smith.

I caught a glimpse of the Today show the other morning.  They were featuring a ‘Money 911′ section with 3 financial experts - Jean Chatzky, David Bach and Carmen Wong Ulrich.  The 3 experts answered a variety of questions, mostly about mortgages.  Ann Curry, the host of the show, mentioned…

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Reduce Your Debt and Save for Emergencies at the Same Time!

Posted on 25. Jun, 2009 by Steven Smith.

Our Money for Life Coaches get a lot of questions about how to prioritize spending, how much should be spent in each budget envelope, etc.   In the last couple weeks, the most frequent question seems to have been, “Should I work on eliminating my debt first, or building my…

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June 2009 Release: New Feature in Beta – Debt Center!

Posted on 16. Jun, 2009 by Mvelopes.

June 2009 Release: New Feature in Beta – Debt Center!

We rolled out an update this month to all of our users with a new beta feature that will help you manage your debts and create a plan to pay them all off!

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“If you have debt, go on an all-out war to get rid of it!”

Posted on 11. Jun, 2009 by Debra Peterson.

“If you have debt, go on an all-out war to get rid of it!”

Justin and his family
In response to our online request for success story submissions, Justin (from Lubbock, Texas) sent us the following statement:
Before Mvelopes, we used the manual envelope system.  Every month, we spent 6-8 hours setting up the envelopes, analyzing the previous months, etc.  Mvelopes has not only…

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“I’m organizing a plan for future financial stability.”

Posted on 26. May, 2009 by Debra Peterson.

“I’m organizing a plan for future financial stability.”

L'Tanya
L’Tanya (from Valencia, California) signed up for Mvelopes a few months ago and decided to participate in the coaching program so that she could fully understand all of the amazing features that Mvelopes offers.  I recently had the privilege of speaking with L’Tanya about both her coaching and Mvelopes…

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“Since completing the coaching program, I’m so much more comfortable using Mvelopes.”

Posted on 21. May, 2009 by Debra Peterson.

“Since completing the coaching program, I’m so much more comfortable using Mvelopes.”

Liz and her beautiful family
We continue to feel the excitement generated by the success of our coaching program.  Liz (from Colorado), one of the participants in the coaching program, recently completed several coaching sessions and I had the opportunity to interview her about her coaching experience and her use…

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