Description
Booklife review Editor's Pick takeaway: "This hands-on guide to building financial freedom is keyed into the challenges of today!"
Whether you are just starting your financial journey or contemplating how to manage debt and build wealth, the "9 Strategies to Manage Your Money" supplies relatable personal stories and straightforward steps that help you accomplish your financial goals. The nine chapters include multiple strategies on how to manage your budget and expenses, pay off debt(s), build your credit, save an emergency fund, and start a stock portfolio. The easy-to-follow steps will guide you toward creating a plan to manage your finances and an understanding of how your current spending habits may hinder you from reaching your lifestyle goals. Most importantly, the strategies show you how to incorporate new money habits so you can take charge of your money by becoming the best financial advocate for your future self and your family.
The real-life examples and financial terms are transformed into multiple ways to manage, save and invest money consistently to end the cycle of living paycheck to paycheck. Understanding the building blocks needed for your financial foundation and planning the lifestyle that your future self will be proud of starts with you!
If you are starting to plan your future or need to get your finances in order the following tips and strategies covered can help you on your financial journey!
• Giving yourself an allowance can help you manage a satisfying budget without denying yourself.
• Avoid marketing spending traps with new spending habits and budget plans.
• Stop living paycheck to paycheck on purpose with strategies for lowering recurring expenses.
• Know the credit and credit card usage rules to raise your credit score.
• Interest-free student loan repayment planning.
• Growing your emergency fund savings for current and future goals.
• How to create your stock portfolio.
• Things to understand when you're ready to select stocks.
• More women should build personal stock portfolios too!
These strategies will help you build your financial plan while supplying solutions for financial missteps, offer guidance for avoiding costly mistakes, and show you how to become an advocate for your future self.