“Sharing is Caring” – Does that Apply to Bank Accounts?
Ah, opening a joint bank account or credit card – so easy to do, yet so hard to untangle if things don’t go as planned. Once you open a joint account, the money that was “yours” is now “ours.” That’s a big step for any relationship. Make sure you’re on the same page about how…
Read MoreWhat does saving mean to you?
At SaverLife, we talk a lot about how important it is to save. But defining what it means to save is surprisingly difficult! Consider this scenario: You transfer $5 from your checking to savings account every week all year. At the end of the year, your car needs some repairs. You withdraw all the money…
Read MoreWhat does it mean to “pay yourself first”?
Hi, I’m Saundra Davis, SaverLife’s financial coach. Let’s talk a little bit about the golden rule of saving: pay yourself first. So many people say, “I’m going to wait and save after I’ve paid all my bills and I’ll save what’s left,” but we all know what happens then. Very seldom is there anything left. So the idea of…
Read MoreTax refunds are used for bills, healthcare, and – yes – having some fun!
Last month, we talked about how Savers used their 2017 tax refunds. This month, we’re diving deeper into how saving and spending changed after Savers got their refunds. Refunds are used to play catch-up In the months leading up to tax season, many people have to put off bills or delay healthcare. We learned that…
Read MoreMaking Your Money Work for You
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how you make your money work for you. What is a budget? If you ask, “Do you have a budget?” many folks will say no, they don’t have a budget. The fact is we all have a budget, whether we know it or…
Read MoreYour Money: Your Values
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today, we’re going to talk about your money values. We often don’t think about how our values play in to what we do with our money. But the fact is everything you do with money makes perfect sense if you understand what you believe about money. Our…
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