Archive for January 2012

Monthly Budget Reminder – February 2012

It is the last day of the month and you know what that means …

It is time to prepare your budget for FEBRUARY!

Here are some great things to consider for this month:

  • If you are expecting to receive a tax refund, be sure to use the Mini-Budget to plan that money also!
  • Be sure to review your Known, Upcoming Non-Monthly Expenses to ensure you are not going to be caught off-guard by a surprise expense (like vacation, property taxes, or a car repair)
  • Review January’s budget to see if you accomplished everything you planned

Get fired up!

Read recent posts

Biblical Financial Lessons – Proverbs 13:22

This is a series that appears on a weekly basis here at JosephSangl.com – “Biblical Financial Lessons”

I believe that the Bible is the best money book ever written, and I really want to take some time each week to share the money lessons I have learned from the Word.

Proverbs 13:22  A good man leaves an inheritance for his children’s children, but a sinner’s wealth is stored up for the righteous.

There are two distinct parts to this verse.  Let’s focus on each part separately.

“A good man leaves an inheritance for his children’s children”

This is a very challenging statement.  It forces us to understand that we are not just supposed to look at the “here & now”, but also to the future.  Here are some key learnings I take from this:

  • It’s not all about me
  • I’m supposed to bless my children and my grandchildren
  • The way I live my life will affect my descendents
  • Blessings are generational

“but a sinner’s wealth is stored up for the righteous”

What an interesting statement to follow the first portion of the verse with!  This part is making an observation that God will bless the righteous and that those who ignore Him and His commands will have their wealth transferred to those who will pursue Him.

Question: If you keep managing money the way you are currently managing it, will you leave an inheritance for your children’s children?

Read the series

Read recent posts on JosephSangl.com

Maximize Your 401(k) – Get The Full Match

If you have a retirement plan available to you at your workplace:

  • 401(k)
  • 403(b)
  • RRSP
  • TFSA
  • SIMPLE IRA
  • 457
  • TSP

AND your company provides matching funds – such as a “dollar-for-dollar up to 3-percent of pay” or “50 cents on the dollar up to 6-percent of pay” then

I BEG YOU TO DO THIS ONE THING …

Check with your employer to ensure you obtaining the absolute maximum amount of the company match.

It is FREE MONEY, and it is part of your compensation.

Go to Human Resources and ensure you are contributing enough to at least obtain the full company match!

QUESTION:  Would you share with me about your company match and whether you are receiving the full company match?

Read recent posts

Biblical Financial Lessons – Proverbs 13:11

This is a series that appears on a weekly basis here at JosephSangl.com – “Biblical Financial Lessons”

I believe that the Bible is the best money book ever written, and I really want to take some time each week to share the money lessons I have learned from the Word.

Proverbs 13:11  Dishonest money dwindles away, but he who gathers money little by little makes it grow.

The part of this verse that speaks strongest to me is “he who gathers money little by little makes it grow.”  For some reason when I was broke, I felt like the only way to win with money and gain margin was to save money in HUGE CHUNKS.  Since that was impossible, it almost felt pointless to even get started.

BUT when I started saving money a little at a time, I STOPPED being broke and have been able to live to financial margin.

Questions:

  1. Do you BELIEVE that you can save money little by little?
  2. How much are you saving from each paycheck?
  3. How much (or how much more) could you start saving from each paycheck?

What is ONE THING you could do today that would make a difference tomorrow?

Read the series

Read recent posts on JosephSangl.com

Friday Savings Tip – Use Promo Codes

This is part of a regular series of Savings Tips shared at JosephSangl.com.

Anyone who shops on-line knows that most retailers offer promo codes.  The key is finding them!

Of course, you could use Google to search for them, but that can land you in the endless circle of coupon and promo code sites that provide zero assistance.

The best promo code site I have ever found is RetailMeNot.com

Over the past three years, I estimate that RetailMeNot.com has saved me over $2,000 in hotel, printing, and merchandise purchases.  If you shop on-line, I highly recommend using this great site to SAVE MONEY – one of my favorite things to do!

Read recent posts

Disclosure.