This past weekend, my pastor, Brian Tome, of Crossroads Church talked about practical ways to create healthy margins in your personal finances. You might be surprised to learn (or maybe not) that for 80% of the people in financial distress, income is not the problem. So if you’re a mid- to high-level income earner and feel like your money margins …
Shame and embarrassment over money are the biggest obstacles to financial health. I know because I’ve experienced them myself. Check out MaryBeth’s review for my book, Money is Emotional: Prevent Your Heart from Hijacking Your Wallet. She says it helped her to say goodbye to money shame once and for all. “I’ve known Christine for some years now and have …
If you want to have MORE money, you need to respect the money you already have! Are you respecting your money? Here are some signs that you’re disrespecting your money: Your cash is wadded up and disorganized. You have loose change accumulating in your car and in various places around your house. You rarely, if ever, cash it in. You …
Please stop acting like you’ve won the lottery when you get your tax refund – that was your money to begin with! I know some people purposely have their employer withhold too much money on their paychecks so they get a big refund. Why is this a bad idea? First, you are earning 0% interest on this money. If you …
Talking money with your honey can be stressful. Most people are more embarrassed about getting financially naked with their partner than physically naked! Do yourself a favor and pick up a copy of Get Financially Naked: How to Talk Money with your Honey by Manisha Thakor and Sharon Kedar. (Available from Amazon) It is packed with tips and scripts for making money …
Divorce is an incredibly emotional time for people, which also means it’s a particularly dangerous time for money mistakes! Here are 3 red flags to be on the lookout for: 1.) Using money as a weapon against your soon-to-be ex-spouse. It’s likely this will boomerang back with negative consequences for you! 2.) Giving too much away to keep the peace. …
Do you disagree with your spouse about money? Many times these issues are gray areas, with no clear right or wrong answers. Most of us want to get our way and we usually think that our way is best! But just because your spouse thinks differently than you doesn’t necessarily mean that he or she is wrong. If you find …
Happy Halloween! Dressing up as a vampire for a costume party or reading vampire novels is harmless fun. However, in the real world of money, there are some truly scary characters who can suck the financial lifeblood out of you if you invite them into your life. Here’s who you should avoid like the living dead: Buy Here, Pay Here Outfits …
When you are married, both you and your spouse have an equal say in the family finances! It doesn’t matter if you make 100%, 50%, or 0% of the income. As far the state is concerned, if you are legally married, you have an equal share of the family’s assets. But if one partner feels entitled to a greater say in …