Why Some People Keep Money Under The Mattress

When I studied personal finance in college my teacher always said that keeping money under mattress is one of the most secure ways to save your money. But really, it is not true, and not many of us millennials would do it anyway. But I know where he is coming from. This advice would've been … Continue reading Why Some People Keep Money Under The Mattress

Why You Should Save First Then Borrow

Saving today is an unattractive activity. After all, the interest rates are so minuscule, you hardly ever earn anything on it. But as a financial coach, I believe that people should first have savings and use them first when they need to finance large purchases, rather than getting a loan. So if you love your … Continue reading Why You Should Save First Then Borrow

One More Benefit Of Budgeting That Might Make You To Actually Stick To It

Last year I started trying to stop smoking. I did most things - stopped buying tobacco, avoided places where people smoke, stopped drinking as much, etc. But I couldn't fully stop until I had a clear list of pros and cons of smoking vs pros and cons of non smoking next to each other. It … Continue reading One More Benefit Of Budgeting That Might Make You To Actually Stick To It