Develop financial peace of mind by simplifying your personal finances to create a healthier and wealthier lifestyle
Welcome to this week’s Simple Sunday Roundup. Each Sunday I like to highlight other blogger’s roundup or link posts. These posts showcase the best posts or links from the week. So take a look at what these bloggers have to offer:
We have all heard that you should have an emergency fund in place for those unexpected expenses or emergencies. It is something I believe is important if you want to simplify your personal finances. Not only do you want to plan for the unexpected you also want to plan for the expected. Yes, it sounds like common sense but you have plan for those expected events in life. By having a plan for the expected events as well as an emergency fund in place for the unexpected you will simplify your finances.
Welcome to this week’s Simple Sunday Roundup. Each Sunday I like to highlight other blogger’s roundup or link posts. These posts showcase the best posts or links from the week.
I always like a good challenge so I have taken on a new one this week. I signed up for the Yakezie challenge. The goal is reach an Alexa ranking of 200,000 or below in six months. I have a long way to go. My starting point is 761,131. But with the great community of bloggers who have joined and already participating, I am sure I will be able to reach my goal.
Another challenge many of us are faced with now is the back to school challenge. It can be challenging not just for those in school but for the parents as well. So I thought I would help you with the back to school challenge by highlighting some recent post from the Yakezie community. I am sure these posts will make back to school a little less stressful and help you simplify.
Do you experience any of these symptoms when thinking about your personal finances: Read the rest of this entry »
Usually when you hear the word audit, we assume its a bad thing. But doing a financial audit can help you simplify your personal finances and may even help you save some money. I am a big proponent of simplifying your finance by automating them. But as I wrote in Don’t Automate your Personal Finances and Forget About Them I believe you must review your accounts on a regular basis. That’s why I propose you do a financial audit on your personal finances every so often. At a minimum every six month you should do an audit. The reason for the audit is to make sure all of the auto payments you set up are stilling being processes as you originally established and any automatic payments you discontinued or thought you discontinued have been stopped. Additionally you want to review those payments.
You say you want to simplify your personal finances. But do you have the right mindset to simplify your personal finances? Having the right mindset is key to helping you simplify your finances. Here are some recent post that I believe can help you create the mindset needed to simplify your finances:
Start with Frugalzeitgeist in his post How To Simplify Your Life it explains how to simplify your entire life not just your finances. Its a great starting point.
In order to simplify your personal finances you must be prepared for the unexpected. With the current global economic state that we are currently living in, are you prepared if you lost your job tomorrow? You may not feel like your job is at risk but you never know. So have you considered how you would handle an unexpected or even expected job loss? What would you do?
