Author Profile: Kayla

Kayla, Guest Blogger for ReadyForZero. Kayla Albert is a proud Colorado native who enjoys writing about the emotional side of personal finance, as well as sharing tips on saving money and getting out of debt.

Your Current Emotions May Be Affecting Your Money More Than You Think

Money is a complicated matter. There are best practices for handling it, earning it, and for making it grow. The amount of information available on the subject is staggering and certainly overwhelming for most. With countless resources and money experts, why do so many of us have so much trouble soaking in this knowledge and applying it to our lives?…

Why Your 2015 Resolutions Failed and How to Make 2016 A Success

Did you start off 2015 with high hopes of making significant life changes only to end the year with guilt that nothing actually materialized? You aren’t alone. The number of Americans that set out each year with resolutions in hand is high – varying reports place the number at somewhere between 40-50% — but the number of people that are…

If You Only Tackle One Financial Goal This Year, Let It Be This One

After dedicating a good chunk of time to mapping out my goals for the year, fully covering both my professional and personal life, I noticed a trend. Everything I hoped to accomplish for the year – from meal planning to implementing a better filing system — revolved around creating a more streamlined, simple life. The biggest pain points I identified…

Good News: Financial Resolutions Might Actually Work

New Year’s resolutions have gotten a bad wrap over the years, but for good reason – according to studies, the success rates for some of the most commonly made resolutions are dismal. One such study conducted by Richard Wiseman, a psychologist at the University of Hertfordshire, found that, out of 700 participants, only 22% managed to see their resolutions through…

Understanding the Psychology Behind Cash and Credit

When it comes to making a purchase, does the method of payment really impact how much you’re willing to spend? It might sound far-fetched at first, but studies show a strong correlation between how you pay and the total amount you’re willing to shell out. According to a 2000 study titled, “Always Leave Home Without It: A Further Investigation of…

3 Money Tasks to Get Your New Year Started Right

Every New Year, there’s an overabundance of hope that the turning of the calendar will create a significant divide between the old and the new. We like to believe this year will be markedly better than the last, but often times the how of this belief is vague, to say the least. Come the first of January, we’ll suddenly feel…

The One Question I Ask Myself That Helps Me Reduce My Spending

There are many reasons why we make purchases, especially those that could be classified as impulsive. We could be feeling particularly emotional over external circumstances and hope for the burst of satisfaction that comes from spending money. We could be swayed by advertising that convinces us we need what retailers are selling. We could see a friend or neighbor with…

How to Properly Budget for the Holidays Without Breaking the Bank

According to the recently released annual survey on holiday spending, 38% of consumers plan on spending less this year compared to last year. Sounds promising, right? Unfortunately, Bill Hampel, chief economist for Credit Union National Association, said intentions to spend less rarely reflect the reality of consumer behavior. Every year, by a large margin, respondents state they plan on spending…