Tag: Frugal
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44% of Americans
Nearly half of Americans, about 44%, struggle to pay for a $1,000 unexpected expense, showing that many people face tough financial situations. This highlights the importance of better money knowledge and support to help people manage their money better. Here are five blog posts to get you on the right path. The Importance of Contentment…
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Are Irregular Expenses Busting Your Budget?
Dishwasher goes kaput, tires are going bald, or accidentally spill coffee on your laptop? These unfortunate expenses are not regular, but they do happen, and sometimes they are “expensive,” which can break your budget. Are irregular expenses busting your budget? It is easy to carefully budget for your regular expenses like groceries, gas, and electricity…
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Can You Handle The 40/40/20 Rule?
Can you truly live off the 40/40/20 rule? This extreme method of budgeting seems like a fast track way to build wealth, but is it sustainable? Let’s explore this rule and see if this would work on a $125,000 income. Basics: Based on Gross Income Using this formula, let’s see an example based on a…
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Spend Less, Invest More
As Christian fathers, we are tasked with providing and caring for our families. One simple way to enhance our financial security and provide for our families’ future is by adopting the mindset of spending less and investing more. The year 2024 is full of potential for our financial growth and stability. One practical approach to…
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From Affordable Meals to Sticker Shock!
How quickly things have changed? Recently, social media went abuzz with the shocking revelation of a popular combo meal at McDonald’s costing a whopping $16. It left many cringing at the inflated prices we’re encountering these days. Little did I know, I would experience my own version of sticker shock at one of my favorite…
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Lifestyle Creep
1 Peter 3:3-4 “Your beauty should not come from outward adornment, such as elaborate hairstyles and the wearing of gold jewelry or fine clothes. Rather, it should be that of your inner self, the unfading beauty of a gentle and quiet spirit, which is of great worth in God’s sight.” I just recently learned this…
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Recalibrate Your Budget
That moment when your bills surpass your income—it happens to many of us, and it has recently been affecting my household. With the continued rising costs of living, it is important to recalibrate your budget and lifestyle. There will be seasons when you have the luxury to spend on “wants,” and there will be seasons…
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Breaking Free From the Paycheck to Paycheck Cycle
Are you tired of living paycheck to paycheck? Does it feel like an endless struggle with no light at the end of the tunnel? Absorb, reflect, and take these concrete steps to transform your lifestyle, beginning to save and invest for your future. None of the steps below are easy, and they require hard work,…
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5 Financial Mistakes Recent Grads Make
We’re not even talking about the student loans you’ve already incurred during your schooling. Here are five financial mistakes recent graduates often make when they finally land that first job. Yes, it’s exciting to earn your own money, but don’t let it put you in financial trouble right out of the gate. And if you…
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5 Ways to Save Money Now!
According to the Bureau of Labor Statistics, the average American spends $5,577 a month on expenses. That is a staggering $69,324 a year, and that is without taxes calculated into the equation. Let’s collectively lower this average as Christian fathers and figure out small changes that can bring that amount down. No matter your financial…
Faith, Finance & Fatherhood 