Budget How-To: The Blow Fund

This week we covered a sinking fund. Basically, it’ just a section of the budget for setting aside a certain amount of money per month in preparation for a predictable expense. A couple examples we used were anything from Christmas savings to saving for a house or car. Today, we’re going to look at aContinue reading “Budget How-To: The Blow Fund”

What You Need to Know about the Payroll Tax Holiday

Payroll tax: That’s what your employer withholds from your every paycheck to send to the government. If it weren’t for your employer withholding this, you would have to shell out your entire tax payment come April 15th. Needless to say, payroll tax withholding is nice because it takes the confusion out of paying taxes (ok,Continue reading “What You Need to Know about the Payroll Tax Holiday”

I’m Co-Leading a Financial Peace University Class this September!

Hello hello! I’m pretty excited to share that in September, I will be co-leading a Financial Peace University class at our church! For those who don’t know, FPU is a 9-week class created by Ramsey Solutions. They designed it to help people pay off their debt, build wealth, become financially independent and be unbelievably generous.Continue reading “I’m Co-Leading a Financial Peace University Class this September!”

3 Tools to Help Guide You Towards Retirement

Happy Resource Friday! I love talking finances. The only thing I like more is having easy-to-use tools for making finances as effortless as possible. Personally, I believe that mastering finances is one of the building blocks of life. When we don’t have financial issues, stress is decreased in so many other areas of life —Continue reading “3 Tools to Help Guide You Towards Retirement”

How to Reduce Stress with an Emergency Fund

Here at Master the Simple, my goal is to help you become an expert of the small stuff so that the big stuff actually becomes manageable. Finances are somewhat of a bedrock for much of life. It’s not everything, but becoming proficient in finances will diminish plenty of unnecessary stress in the future. One wayContinue reading “How to Reduce Stress with an Emergency Fund”

Pay off Debt Before You Even Have It

I know what you’re thinking. Pay off your debt before you even have it? How is that possible?  Normal people put purchases on credit, get loans for cars, etc. Then they have to pay off that debt. Not only do they have to pay off the initial amount but all of the interest acrued as well. However, you can avoid this. All you have to do is this: Reverse the process. Instead of paying for debt after youContinue reading “Pay off Debt Before You Even Have It”