Perspective is one of the most powerful tools you can have when building a financial background. We’re all learning as we go, and it’s what you do with that information that’s more important than if you reached it sooner or later than your colleague. Taking action is essential if you’re working towards a goal (whether that be reaching debt-free or balancing a budget) and perspective can help you to structure your actions.
Whether you’re working today or already spending time with friends and loved ones, we hope that you’re enjoying the beginning of the holiday season! Gratitude (in addition to football, parades, turkey, and spending time with family) is the main tradition of Thanksgiving – and we’d argue it’s the most important one. In honor of this tradition, we we wanted to share with you some of the things we’re most grateful for.
It’s the holidays, and time for the great American national sport: shopping. We’re already deep into the holiday shopping season, and it’s about to get worse with Thanksgiving falling so late in the year. In fact, the traditional period between Thanksgiving and Christmas is one week shorter than usual.
Retailers have been preparing for the last quarter all year, so be prepared for lots of marketing pitches and so-called deals intended to lure you into spending money. Before you get sucked in, let’s take take a look at some tips on how to really get a bargain during the holidays – and how to avoid spending more than you expect.
When you think of identity theft, chances are you probably think of it happening due to technology. Credit cards can get skimmed at restaurants, debit cards can get skimmed at ATMs, and fake websites find ways to lure you to enter your information which they can use for nefarious purposes. But all of these scary scenarios don’t mean that you should avoid digital at all costs – in fact digital devices and services, if used properly, can be a great way to prevent identity theft.
This holiday season everyone’s bank accounts, debit and credit cards, and checkbooks are all going to get a workout as people scramble to purchase gifts, food, and clothing for events from Thanksgiving through the New Year. Read on to learn a few best practices that will help you save time and money using digital to make payments – and how doing so can help you protect your money.
Having to deal with your finances isn’t always all that appealing to begin with. And if you’ve ever lined up behind a crowd of 20 at the bank during your lunch break, then you’ve experienced how difficult it can be to remain patient and calm. Throw in miscommunication with your bank or banker (or credit card problems) and it can feel more like an all out battle.
Things to remember when interacting with your bank in person:
Above, a food bank director stocks tables with canned goods
For those who are living in poverty or struggling to make ends meet, sometimes it can feel like there is no hope in sight. Like they are living in an unending cycle that will continue to go on and on regardless of anything else that happens in life. And unfortunately, there is some truth in this. Recent studies have shown that living in dire financial circumstances often creates a negative “snowball” effect, where the day-to-day challenges make it impossible to create any momentum toward greater stability or building wealth.
Thanks to a comment on Kinja last Friday that has gone viral, lots of people are talking again about this reality. The bottom line is, no matter how much you’re struggling now, you can reach a more stable future. But it helps to understand the particular challenges of poverty and what may be done to combat them. Below, we’ll take a closer look at the struggles of those who cannot make ends meet and the possible solutions for them.
The holidays are that one point during the year when we have to grapple with the tough task of buying meaningful gifts for all of the important people in our lives while, hopefully, staying within the constraints of our budget.
But oftentimes, the buying beats out the budget and we’re faced with that overwhelming guilt when January’s bills remind us that we allowed the stress of the season to dictate what was spent.
It’s a pattern that many of us have come to expect, but it doesn’t have to be normal. In fact, it should be abnormal to associate the holidays with anxiety and overspending.
Are you ready to create that new on-budget-and-feeling-good normal?
Let’s do it.
At ReadyForZero we strive to always be available and accountable to our users. That’s why we personally respond to every e-mail that’s sent to our support inbox and why we have our pictures on the About page. Now we’re sharing our stories here so you can get to know the fun and diverse people that are working hard everyday to make ReadyForZero better. We hope you enjoy these interviews – and don’t forget to share your thoughts in the comments below!
Our next interview is with Marshall Brekka, Dev./Borg Master. Marshall is the youngest member on our team but you’d never guess it considering his long list of accomplishments. An epic problem-solver and quick thinker, he’s constantly working to improve the ReadyForZero site for our users. Read on to learn more about Marshall!
Back when Groupon first launched its platform for daily deals, the idea was so new and enticing that it spread like wildfire. Several years later, the deluge of daily emails has decreased excitement for the deals – to the point where most people ignore or delete these emails right away. And now Groupon is gearing up for a change that could revive their business – and potentially cost you money.
Is it really possible to navigate the sales and holiday spending temptations without breaking the budget?
It’s the question of the season and one that, admittedly, doesn’t always have a simple answer. With advertisements and sales at ever turn it’s tougher than ever to keep your budget in line. Unfortunately, those extra expenses can really put the pressure on your bank account.
But being prepared to counter temptation logically will help you to stick to spending limits. Planning and managing those expenses will help you to achieve financial balance and survive the spending season!