A good goal must be specific, measurable, achievable, and realistic. When it comes to personal finance, it’s easy to get overly ambitious and lose steam within a few weeks. Big dreams like saving for the future, or becoming debt free, are often far too lofty and vague to be attainable. Instead, we’ve broken down four mini goals, or challenges, for the month of January to get you thinking about your finances.
During this time of year, many individuals and families want to volunteer, donate gifts, or weave the importance of giving into their holiday traditions. We’ve had to give up a lot in the name of stopping the spread of coronavirus, but one thing you don’t need to give up right now is volunteering and giving back to our communities.
If this seems crazy, you may be surprised to learn a typical Thanksgiving dinner for 10 people in 2019 was just shy of $49.* The beauty of this meal is that while it seems rich and extravagant, the ingredients are simple, hearty, and easily feed a crowd.
If the task of hosting falls to you this year, sticking to the menu below will keep your budget on track.
Soon Halloween will arrive and, days after, retail stores will immediately change displays and advertising over to winter holidays. The average consumer spends around $1,000 during the holiday season, according to the National Retail Federation. Perhaps COVID-19 has changed your financial situation this year. Now is a great time for families to think about saving up before the winter holidays.
Back-to-school looks a little different this year, and as a parent, you have your work cut out for you. Whether your student has a hybrid schedule or is learning exclusively from home, being tech-savvy will help you (and them) navigate the school year more smoothly.
