For those of us who live along the Atlantic and Gulf Coast we are now almost a month into hurricane season have you prepared yourself? You still have time to prepare.  In my post, Simple Financial Tips – Disaster Plan I discuss ways to help you prepare for a disaster to help simplify your finances. 

Here are some additional tips help you prepare and simplify your finances in case of a hurricane. Read the rest of this entry »

Know the score. I am not talking about knowing the score of the sporting event you maybe watching. I talking about knowing your credit score. Knowing your score is important part of simplifying your personal finances. Having a high score will usually help you win the game depending on the sport you are playing. Having a high credit score will also help you win personal financial game and helps you simplify your personal finances.

Read the rest of this entry »

If you would like more tips to help you simplify your personal finances make sure you subscribe to simple financial lifestyle email newsletter and subscribe to RSS feed for blog updates.

In a previous post Are your Personal Finances Ready for the Unexpected? I discuss the important of being prepared. With the recent earthquakes in Haiti, its a reminder that we all need to be prepared for those unexpected natural disasters. You never know when it will strike but you should be prepare in case it does strike. We all say it will never happen to us but trust me it can happen. Having lived through a natural disaster, I know what it is like.  Its not easy but having your personal finances and emergency plan in place helps relieve some stress.

Read the rest of this entry »

Is saving more money one of your New Year’s resolutions. Saving is key to helping you live a simple financial lifestyle. You want to have save for retirement, emergency fund or any other reason. But many times we find it difficult to save. We all have a difficult time finding ways to save money. You probably have thought maybe if I cut coupons I can save some money. Yes, you can save money by cutting coupons but do you want to spend time cutting and sorting to save money. I know I do not enjoy cutting coupons. Most of the time if I have a coupon I forget to use it or if I do remember its expired. So I really do not want to waste my time cutting coupon when I don’t even use them.

Read the rest of this entry »

Reducing the number of accounts you have is key to simplifying your personal finances as I mention in The Power of 1 can simplify your personal finances.  In addition to reducing the number of account you maintain, you should also have a Are you living a Financially Proactive or Financially Reactive Life? Having a proactive mindset will enable you to handle financial emergencies in a timely and efficient manner.  For example if you lost your credit card or cards do you have a plan in place to have them canceled and replaced in a timely matter as well as remember all of the charges you have automatically charged to your card.  Instead of spending hours trying to remember everything regarding your credit card, why don’t you have a credit card disaster plan in place.   Having this plan in place will help you simplify your personal finances.

Here is this week’s simple financial tip to help you design your credit card disaster plan: Read the rest of this entry »

“Let go of the past and go for the future. Go confidently in the direction of your dreams. Live the life you’ve imagined. “      Henry David Thoreau

Looking for a fresh start. An opportunity to start over again.  An opportunity to set new financial goals and objectives.  An opportunity to design the financial lifestyle you want to live.  You probably already have some goals in mind that you want to accomplish.

Read the rest of this entry »

Do you want to simplify your personal finances and stop spending more than you make each month. Have you consider going to a cash only financial lifestyle? We have all heard the term Cash is King. Well its true but not only is cash king. Its also simple. Using cash can help you simplify your personal finances and help you live a debt free financial life.

Read the rest of this entry »

If you lost your wallet or purse would you remember everything you had in it?  Miss placing your wallet or purse is a terrible feeling.  I know I would not remember every item in my wallet.   I do know I have carry a credit card or two as well as debit card and driver’s license.  But remembering what other cards are held in my wallet may take me some time to remember.  So why put myself through this stress of trying to remember everything.

Read the rest of this entry »

If you liked these tips and want to learn more, make sure you subscribe to simple financial lifestyle email newsletter and subscribe to RSS feed for blog updates.

Every year you receive your annual homeowner’s insurance premium notice usually 30 days prior to renewal date.  Do you just renew your policy without considering the cost and coverage?  Many of us just assume that your existing insurance company is providing you with the best rate and coverage for your situation since you are an existing customer.

Read the rest of this entry »

Have you decided not to create a monthly budget because every time you create one you always bust it.  Creating a personal budget is important to your personal financial health.  Sticking to your personal budget can be challenging but it is key to living a simple financial lifestyle.  You are  probably asking what do I need to do to stick to my budget.   You must avoid these budget busters in order to stick to your monthly budget.

Read the rest of this entry »