October 31, 2017
Energy, time and money. Sometimes you have more of one than the other. Here are some ideas to help you with the balancing act.
- Downsize the house. A smaller house means less energy and time to maintain and ALL the costs will be lower from the mortgage to the utilities.
- Make two meals at once and freeze one to save time when you are on the go, and also save a little money on the cost of the meal.
- Plan shopping around sales to save time, money and energy.
- Spot clean on a semi-regular basis to save energy and time.
- Keep an up to date grocery list so when you go to the store you know exactly what you need. You won’t waste money buying something you don’t need and you won’t waste energy and time having to go back to the store for something you forgot to buy.
Read Evelyn's Blog: The Tradeoff Between Time, Energy, and Money
QUESTION: Use our "Contct Us" form and join in, we would love to hear from you. What do you have more of – time, energy or money? How do you handle the balancing act?
October 25, 2017
Most people, religious or not, don’t fully recognize all that God has to say about how to handle money and possessions. Everything we need to know about how to spend, save, give and manage money can be found in over 2500 verses in the Bible. Discover true financial freedom!
Visit the Compass Catholic website for our latest blogs and check out the Compass Catholic Bible Studies page for more info on Navigating Your Finances God’s Way a 9-week Bible study that will help you learn how to manage your money God’s way.
Read Evelyn's Blog: Navigating Your Finances God's Way
October 16, 2017
If you were going to automatically pay an extra 15% for every item you buy, would you still buy it? Probably not. But you spend an extra 15% (or more, depending on your interest rate) when you buy items with credit cards and don’t pay the balance in full each month. If you are paying more than the price for what you buy, checkout our debt payoff calculators below.
A lot of financial mistakes can be avoided if you just stop, think and evaluate the difference between wants and needs. It’s not glamorous and it may not be fun but steady plodding keeps you on track: Proverbs 21:5, tells us, “The plans of the diligent end in profit, but those of the hasty end in loss.”
Read Evelyn's Blog: Middle Class Money Mistakes
Let Compass help you get rid of ALL OF YOUR DEBT Debt Calculators.
September 30, 2017
Listen in as we talk about an article from The Penny Hoarder titled 11 Simple Money Moves You Should Make This Week.
They prefaced this article with the fact that some of the recommended links are paid for by their sponsors. Any time you are online, it’s important to understand where the info is coming from and be wary if some of it is recommended by paid advertisers.
With the disclosure out of the way, we cover all 11 recommendations, some of which are great ideas, such as: create a separate savings account; sell stuff you don’t use; pay off your debt; and keep up to date on your credit score. However, some of their ideas we do not agree with: use a robo-advisor for your investments; maximize credit card usage to gain points; start a passive income stream by using certain websites; and get a consolidation loan to pay off debt.
When considering online advice be careful! Some of their ideas are valid and we highly recommend them. Other ideas could get you into a lot of trouble!