5 Ways To Build Your Emergency Fund FAST

Build emergency fund fast

An emergency fund can completely change your life! It can help you feel more secure and problems will become only inconveniences for you. An efund can help save your marriage and your health. If you want to read more about this, check out my post Why You Need An Emergency Fund.

Q: What is an emergency fund?

A: An emergency fund is money that can be accessed quickly in case of an emergency.

You can build your emergency fund quickly. It’s not easy nor is it fun, but it will set your financial, mental, and emotional life up for success by preparing for what life will throw at you. Here are some ways you can build your emergency fund fast!

Put all your other financial goals on the back burner.

You never know when an emergency will strike. That’s why you have to be prepared. The only way to quickly save up the money you need is by forsaking everything else and using tunnel vision to reach this financial goal.

Now, I know there are many people out there that love to invest and I understand why. But the hard truth is you have to build your efund and the faster, the better. That means you may have to stop contributing to your 401k for a while.

Sell things you are no longer using.

I’m sure there are things you can find that are still in great condition that is no longer being loved by you. Instead of hoarding these things until they rot, sell them to someone who will love and appreciate these things. With all the great avenues out there for selling, there’s no reason not to sell your old goods.

These are great selling apps and websites you can check out if you’re interested. Read more

Why You Need An Emergency Fund

Why you need an emergency fund

75% of Americans live paycheck to paycheck.

Are you living paycheck to paycheck? According to the statement above, 7 in every 10 houses in your neighborhood is one emergency away from a crisis. That’s a huge deal! Many families are torn apart because of financial troubles and I refuse to allow that you happen to you! That’s why you need an emergency fund.

Q: What is an emergency fund?

A: An emergency fund is money that can be accessed quickly in case of an emergency.

Before we continue, take a look at the following statistics for Americans:

  • 71% do not have enough money on hand to cover 6 month’s living expenses.
  • 46% do not pay their bills on time.
  • 48% spend as much as they make or more each month.
  • 12% do not contribute monthly to a savings account or any type of retirement account.
  • 11% have credit card debt in excess of $5,000.
  • 12% have student loan debt in excess of $20,000.
  • The average American doesn’t have more than $400 in savings. [1]

If the average American doesn’t have more than $400 in savings and 75% are living paycheck to paycheck, what happens when an emergency happens? Consider the following scenarios: Read more

Secrets Revealed: How To Become Successful

How to become successful

Becoming successful in life is not rocket science, yet there are many people out there who have no idea how to become successful. If you’re one of them, that’s okay. I’m here for you!

There are some universal truths behind successful lives that can help you reach your goals faster. By following the list below, you can be sure to experience everlasting change and achieve your desires like never before.

Add Value Or Help Somebody

"Try not to become a man of success. Rather become a man of value."- Albert Einstein

A truly successful person knows that in order to breed more success, they must add more value to someone’s life. For example, big companies that we all know and love do something for us, don’t they? They provide us with the product we need for the right price. By providing us with something we were asking and looking for, they create wealth as a byproduct.

It should always be your first priority to create something that will benefit others. You cannot trick people into becoming a dedicated and loyal customer. Instead, focus on providing them with a solution to their needs and they will come back time after time, happy to give you their money in exchange for your service.

On the flipside, when you focus on helping someone (even for free), you build trust with that person and they will be sure to tell others about how friendly and life-changing your help was. Never underestimate the power of word of mouth. By helping others without asking for anything in return, you build relationships with people who will have a great opinion of you.

Also, the universe always returns that which is sent out. You will always reap what you sow. Therefore, sow the things you wish to receive.

Read more

7 Spending Habits That Will Keep You Poor And Kill Your Dreams

Spending habits that will keep you poor and kill your dreams

Have you ever had to go without a necessity? Maybe it was food, water, or utilities. No matter which kind of suffering you’ve endured, they’re all not fun and can leave us traumatized.

I grew up poor and had no insight that there was any other kind of life. I thought that was just how things were and life was a constant struggle. There was no one to teach me about finances and I was destined for failure.

However, I ended up crossing paths with an amazing money book that completely changed my life! I learned that life is what we make it and not merely what happens to us. By learning which habits were stealing my dreams, I quickly cut them out! I wasn’t going to allow anything to get in my way of success!

Here are 7 spending habits that will keep you poor and steal your dreams.

Alcohol And Cigarettes

Addictive substances, like alcohol and cigarettes, are extremely dangerous because they cause us to do irrational things. When we ‘just need to smoke’, we can end up spending our last few dollars on cigarettes.

Recently, my husband and I went to a convenience store near our local laundromat. The door had a sign that said $8.68 for a pack of cigarettes. My jaw completely dropped. I cannot believe that people are paying these ludacris prices for something that is killing them!

I think we all know cigarettes are expensive, but what about alcohol? People can get whole cans for a dollar. Surely, something like that isn’t stealing their wealth. Think again! People become reliable on these type of substances which causes them to buy more and more.

I once lived in a very bad neighborhood and the neighbor was an alcoholic. He would get up before nine and begin walking to the liquor store. He was unemployed so he would drink all day. Then, he and his wife would argue almost every night about money and his drinking. It was an extremely toxic relationship and I’m happy to be out of that part of town! Read more

Habits Of Successful People That Attract Wealth

Habits of highly successful and wealthy people that set them up to win at life.

80% of Millionaires are first generation.

You read that correctly! The majority of millionaires that exist weren’t always millionaires. They learned how to earn, invest, and grow their money into more. So why am telling you this? Because if they can do it, so can you!

Q: What sets these people apart from everyone else?

A: There are many different reasons why someone may be successful. What makes one rich may not be the thing that makes another rich. But there are habits of successful people that cannot be ignored and I believe make all the difference in the way they live their lives.

By adding these habits of successful people into your routine, you can produce extraordinary results. Therefore, if you’re tired of setting for average, kick it up a notch! Making these changed can unleash a part of you that propels you into success!
Read more

Financial Books To Help You Manage Money & Reach Financial Freedom

financial books to become financially free

(This post may contain affiliate links. If you make a purchase through one of my links, I’ll receive a commission at no extra cost to you. Thank you so much! Read our full disclaimer here.)

How can someone who is poor become rich and is it even possible?

That was a question I’ve wondered for a long time. Growing up, we always had enough for what we needed, but that was it. I began wondering what was the meaning of life and why do other people seem to be more successful than others.

Being poor was not fun. In middle school, I experienced a really embarrassing moment. A kid asked real loud in front of everyone asked, “Why do you wear the same pants every day?” I know he did it to make fun of me and I experienced embarrassment and anger. A lot of other kids seemed to have really nice clothing. I had two shirts and two pants. That’s it.

I knew I wanted to be successful financially, but I had no real plan. They don’t teach money in school and I couldn’t find anyone around me who really knew how to manage finances. So like many others, I did my own thing. But my plan didn’t work.

When I began learning how to handle money the correct way, I was already a young mom and had a family. Still living with my mom (yikes), my husband worked to provide for everything we needed. But we were still only breaking even and I still didn’t have any nice clothes.

Think about that. A young mom living at home with her parent with no job, no car, no income. Once I got my hands on some really good financial teachings, I knew my life was changed forever. I learned that rich is a mindset and by becoming successful at mastering your mind for abundance, it will surely come. Read more

How To Achieve Your Goals Faster To Have The Life You Want

Reach your goals faster

What if I told you there was a way to achieve your goals faster – hurling you toward the life you desire at lightning speeds? There are strategies that can help you do this and I’m going to share them with you because I want you to achieve your goals. It’s not enough to work hard, you have to work smart also. By utilizing the tips I’m about to share with you. you’ll be able to fast forward your success and begin to experience the rewards sooner.

In order for these tips to work, you must be fully committed. (Although if you’re reading this, I can tell that you are.) Keep in mind, these things will only speed up your progress if you apply them day after day. But first, I want you to envision what life will be like once you reach your goals.

Imagine how you will feel once you’ve achieved each thing on your list, one by one. How will your life be changed? How will the world be changed by it? The greatest thing is it’s going to happen to you. You can achieve absolutely anything as long as you don’t give up.

Are you ready to kick your progress into super gear? Let’s get to it!

Analyze Your Schedule

What does your schedule currently look like? Are there any areas you can cut back on? Maybe you’ve never taken the time to write or even look at your schedule. If you’re serious about reaching your goals, it’s super important that you do this.

Write down a schedule of what your average day looks like. Go ahead, I’ll wait. Don’t forget anything, including the time you spend watching tv and on Facebook. I’ll be right here when you get done. Read more