Personal Finance
Proven Ways to Reduce Your Financial Stress Significantly
Financial concerns have been proven to cause much stress and anxiety. Almost everyone is affected by financial stress at some point in their lives. It comes with various levels of intensity. According to a 2018 study conducted by Northwestern Mutual, 44 percent of Americans were more stressed out about money than any other issue. A person’s financial situation has a significant impact on their mental and physical well-being. WebMD lists finances as a major stressor that’s capable of triggering long-term diseases – causing you more stress and busting your budget even more. Financial stress can put a strain on other aspects of your life, too. It can affect your relationships with your…
An Emergency Fund And Your Peace of Mind
Having an emergency fund is probably the most important step toward attaining financial freedom and some peace of mind. It is the foundation of your family’s finance. An emergency fund is not something extra or optional but a necessity for you or your family’s financial well-being. Having a healthy emergency fund is now more important than ever. The recent Coronavirus outbreak has shown us the importance of having an emergency fund and the difference it makes when a crisis hits. The economic fallout caused by the Coronavirus pandemic has been swift, with investors, service-industry workers, retailers, and small business owners taking an especially hard hit while the rest suffered from some…
How You Can Afford to Live on ONE Income Comfortably
In today’s crazy world, living on one income comfortably seems like an impossible dream for many couples. Some people want to leave their jobs and live on one income so they can be a full-time stay at home parent to prepare for a new baby, or to care for their young kids, or to pursue a dream. Many want to adopt a simpler and less stressful lifestyle without having to worry about money, but can’t afford to do so. The daily grind of being a two-career family with kids can be exhausting, stressful, and expensive. Many families with young children would prefer living on one income so they can spend…
