Every Day Finances

Financial Literacy Month #24

Some of the things that we do in our household to save money: I cut my husband’s hair, we take our own recycle and trash to the transfer station, we walk to do our errands, we do our own yardwork (cutting lawn, trimming bushes, snow removal, etc.) #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #23

Do you have a surplus or deficit with your budget? We all know we can reduce or eliminate expenses. But sometimes this is not enough. Sometimes the answer will be that you need to increase your income or a combination of both. It’s something o think about. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #22

If you want to track your spending, there are many ways to do this: pen and paper, receipts for all spending, use your debit / credit cards or an app to see where your money is going. If you would like a copy of my budget tracker formulated in Excel let me know and I will give you a copy. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #21

I would be remiss if I didn’t mention budgeting. When was the last time you tracked your spending? If you can’t remember when, it may be time to do this again. Learning where your money goes will help you to make changes so that you meet your goals. For example, “should I buy _______ or should I not spend this now and put it towards my goal of ____________.” #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #20

Consider paying your bills annually. Most times paying once a year (or even twice a year) could save you money. For example, Amazon Prime is $14,99 / month versus $149.99 annually – that’s a savings of $30.88. We pay our auto insurance annually to save money. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #16

Wallet lost on beach Like Capital One says, What’s in your wallet? Could you tell me everything that is in your wallet right now? If you were to lose your wallet today, how would you know what to cancel and replace. Clean out your wallet and carry only the minimum you require. You should never carry your social security card, your PIN numbers / passwords, blank check(s), passport unless you need to use them that day. Identity theft is on the rise. Protect yourself. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #15

Financial literacy is about understanding and comprehending your finances, where your money goes? Once you know where your money is going, then you can take proactive steps and make changes so that you can reach your goals. Starting small and making frequent changes will put you on a path to financial freedom. Take the time today and learn about one aspect of financial literacy that you have always wanted to understand more about. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #14

Do you feel like you are spending too much? Have you considered an all-cash month? Or how about a no spending month? Here are two great books to read to give you some ideas Not Buying It: My Year Without Shopping by Judith Levine or The Complete Tightwad Gazette by Amy Dacyczyn. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #13

Have you cut the cord or do you want to with your TV provider or streaming service? When was the last time you used your local library? With your library card you can download the Hoopla app and stream movies at home for free. #JillRussoFoster #FinancialLiteracyMonth

Financial Literacy Month #11

Now that you are not paying fees on your bank account, are you earning interest on your money? There are some amazing accounts (both checking and savings) with great interest rates. Shop around for the best rate without fees. #JillRussoFoster #FinancialLiteracyMonth