Posts tagged spending
Your "Someday Maybe" List
Your "Someday Maybe" List

Values and goals are different for each family. And when trying to balance competing priorities of saving vs. spending, it is challenging to get it right. You may wonder how much to save per paycheck or if there’s a savings rule of thumb by age.

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New + Noteworthy, FoundationDeb MeyerWorthyNest LLCwise financial decisions, living for today, saving for tomorrow, spending, saving, spending vs saving, competing priorities, retirement, how much to save per paycheck, savings rule of thumb by age, ideal savings rate, paying for private school, student loans, starting a new business, family financial planning, values, goals, generosity, simplicity, adventure, dreams beyond reach, fear of the unknown, someday maybe, survival modeComment
How to Track Cash Flow with a Detailed Budget
How to Track Cash Flow with a Detailed Budget

Budgeting is a sign of freedom where you are in the driver’s seat on spending and saving decisions. It’s your guidepost to build wealth as a family. [. . .] If budgeting evokes angst and contempt for you, it’s time for a new approach. Go read this article about how to budget without dread and come back when you’ve finished it.

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TacticsDeb MeyerWorthyNestbudget, budgeting, budget template, family budget, personal budget, cash flow, detailed budget, income, expense, fixed expenses, variable expenses, discretionary spending, monthly payments, tithe, annual expenses, 401k contributions, Roth IRA, surplus, extra cash, savings, spending, spending planComment
How to Use the Envelope Budget
How to Use the Envelope Budget

An envelope budget system is a great tool for new college grads, even high school students who are working part-time. Learning this simple tool is a great way for young people to get started on the right trajectory.

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New + Noteworthy, TacticsDeb MeyerWorthyNestbudget, budgeting, family budget, debt, goals, savings, spending, spending plan, cash flow, financially responsible, pay off debt, save more, envelope budget, detailed budget, budget template, spend less, needs, wants, emergency fund, opportunity fund, credit card debt, student loan debt, online envelope budgetComment
Don't be a Budget Hater! Here's How to Budget Better.
Don't be a Budget Hater! Here's How to Budget Better.

In my own financial journey, I have learned that budgeting doesn't have to be intimidating, stressful, or boring. In fact, budgeting can help you reach your loftiest goals. My hope is to help you shift your perspective on budgeting by the end of this post. I promise you that it is totally possible to feel better about budgeting.

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TacticsDeb MeyerWorthyNestbudget, dread, regret, spending, spending plan, financial plan, income, expenses, goals, values, cash flow, financial independence, financial planning, family budget, experiences, budget changes, fixed expenses, variable expenses, savings, down-payment, maternity leave, living on one income, wiggle room, financial stress, part-time income, business projections, personal budget, family wealthComment
Money Makeover Part 4: Experiences
Money Makeover Part 4: Experiences

Dr. Elizabeth Dunn, an associate professor of psychology and co-author of Happy Money, studies the relationship between money and happiness. She finds that happiness levels remain steady once annual household income reaches $75,000 or more. Her research further indicates that you are better off spending money on experiences rather than material items.

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Start Here, FoundationDeb MeyerRedefining Family WealthThanksgiving, Black Friday, Cyber Monday, gratitude, family, family values, holidays, sales, special, retail, experience, happiness, #moneycanbuyhappiness, outsourcing, appreciation, treat yourself, anticipation, excitement, travel, trip, shopping, spending, material goods, purchases, celebration, delayed gratification, quality time, expensive, meaning, purpose, iPhone, Money MakeoverComment
6 Ways to Teach Your Kids Good Money Habits
6 Ways to Teach Your Kids Good Money Habits

Learning to manage finances in a healthy way is an essential part of adult life. Yet, many children learn little to nothing about money in school growing up. This is why it's so important that parents take the time to teach their kids valuable money habits that will stick with them throughout their lives.


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LegacyDeb MeyerWorthyNestparenting, pressure-free parenting, money management, prep school, all-inclusive resort, debt, stress, economic reality, values, financially responsible, money skills, earning, saving, spending, spending decisions, simplicity, chore chart, independence, cash, credit card, motivation, insecurities, ask why, practice managing money, abundance mindset, consistent budget, allowance, set money goals, improving financial healthComment
Prep School or All-Inclusive Resort?
Prep School or All-Inclusive Resort?

When we run our home like an all-inclusive resort - where food is magically replenished and broken toys and lost cell phones are replaced - kids cannot learn to value money.

Resorts are a lovely reprieve from the real world but they are not preparation for the real world.


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New + Noteworthy, FoundationDeb MeyerRedefining Family Wealthparenting, pressure-free parenting, money management, prep school, all-inclusive resort, debt, stress, anxiety, economic reality, paying kids bills, values, value money, preparation, responsibility, financially responsible, money skills, earning, saving, spending, spending decisions, simplicity, reduce debt, pay off debt, shop slowly, chores, allowance, chore chart, independence, cash, credit card, motivation, insecurities, ask why, practice managing moneyComment