Manage Expenses

Our modern environment makes it harder to control spending than ever before. Here is how to combat these pressures.

Sky-high home prices, inflation, and rising rates are barriers to homeownership for many Millennials.

Even if you can afford a home, it is not always a clear win over renting.

This post covers advantages of renting.

Does life seem crazy busy, with no time or energy to spare?

Frugal living can free up time and energy by increasing the simplicity of your life.

Your newfound resources can then used to improve well-being.

Important money statistics that paint a picture of the real financial state of millennials in the US and Canada.

The endowment

Your ability to endure hardship today will increase long-run income. Similarly, your ability to delay today’s pleasure will help you reduce spending. Self-discipline is key to increasing your savings rate.

Take control of your finances with an annual expense review. This is the foundation of personal finance.

Want to increase savings? Find the best balance between expense cutting and earning extra income. Consider taxes, non-essential expenses and the value of your time to achieve the ideal balance.

Most non-essential expenses are Habitual, Environmental or Material in nature. Simplify your expense management through use of these three categories.

A vehicle is the first large purchase for most individuals. It is important to understand vehicle depreciation to effectively manage recurring expenses.