Make reducing money stress budgeting your New Year’s resolution!
Budgeting helps you better handle your money.
We all could use a little guidance when it comes to reducing our “optional” spending.
Here is a story from our book about how Sylvia looked at her spending and eliminated money stress See what
Sylvia was always short at the end of the month and very stressed. Eventually, she was convinced to seek the help of a fee-only financial planner who would help her prepare a budget so that she could start saving. For the first step, she was told to write down EVERYTHING she spends money on in the next month. With that, she was told to try and categorize what the spending was for: required spending like mortgage and utilities, important spending like new sneakers for her son, and optional spending like eating out. They were able to find several ways to save more than the $300 she was short each month. The biggest was the easiest. She was spending $5-$7 a day for drinks at McDonald’s and at work. She bought a cooler to keep in her car and water and soda by the case. Her $180 in monthly spending went down to $30, already finding half the needed savings. The other $150 required some sacrifices like buying frozen pizza instead of delivered pizza for the weekly no-cooking day. This saved another $60. When she left the planner’s office, she had a list of $430 of potential savings.
Sylvia was delighted to trade a lower stress level for the few changes she had to make to reduce her optional spending.
Our books provide answers by breaking down essential financial concepts into easy, actionable steps for everyone in your family. From teaching your children and teens to building a secure future for yourself, our collection offers focused education tailored to specific audiences:
Raising Financially Independent Children: Fun and engaging ways to teach kids the basics of money management, setting them up for success.
Financially Independent Teens: Essential tools for middle and high schoolers to make informed decisions about finances during these formative years.
Financial Independence Essentials: A foundational guide for anyone starting out on their financial journey.
Financial Essentials for Couples: Practical advice on managing finances together, cohabitation agreements, and building a strong financial partnership.
Financial Essentials for Women by Women: Insights and strategies to help women set and achieve financial goals.
Budgeting for Women by Women: Straightforward budgeting techniques designed with women’s unique challenges in mind.
Investing for Financial Independence: An approachable guide to understanding investments and growing wealth.
Retirement Guidebook: Your comprehensive roadmap to planning and enjoying retirement.
Explore real-life stories and examples to make financial concepts relatable and easy to understand. Whether you're a parent looking to educate your child, a couple navigating finances, or someone planning for retirement, we have the resources to help you.
Discover the power of financial literacy today!
Visit us at https://parentsfin.wixsite.com/website/books or find our titles on Amazon .
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To learn more about budgeting check out our books on financial independence
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