Stop by our Financial Coaching Blog for tips on managing your expenses, paying down your debt, and living a steward’s life.
Just another WordPress site
Just another WordPress site
Stop by our Financial Coaching Blog for tips on managing your expenses, paying down your debt, and living a steward’s life.
As the tax season begins to approach, it is an excellent time to evaluate our financial position.
The Income is usually easy to total, but the expenses, not all tax deductible, should be re-constructed from either receipts or from your checkbook. The hardest item to track is the cash
out for incidentals, a snack on the run, extra stamps or a quick stop at the grocery. After you have
a general total you can see how well you have managed your money over the past year. Hopefully
you have been able to save a percentage, often called the rainy day fund. Actually you are not hoping for rain, but eventually have a savings put away for own retirement savings. I do encourage each of us to take a couple of hours to evaluate our own stewardship.