Goal planning can be tricky. I think most of us set goals based on past experience. But the most inspirational goals come from envisioning a better future that looks and feels different than our past. Stephen Covey explained this concept in his book “The 7 Habits of Highly Effective People” with Habit 2: Begin With

As the founder of Dr. Budgets, you can safely assume I have a good handle on my spending. But, even I have blind spots when it comes to my household expenses. Amazon Prime was one of those blind spots. In early 2019 we canceled our Amazon Prime subscription, and we haven’t looked back. If you

My life is built around systems… that’s just how I’m wired. For Dr. Budgets, I have systems for managing potential clients, new clients, and coaching clients. I also have financial systems around the money that flows in and out of the company. On the personal side, I have systems for tracking my time, loading the

An emergency fund (or cash reserve fund) is important to your financial security. I would say paying off high-interest debt and building up an emergency fund are the foundation of your financial stability. This rings even more true during these unprecedented times. But, when should you tap into your emergency fund? What constitutes a financial

Gina’s Background I consider myself to be an “elder Millennial.” I’m not quite Gen X and not really a Millennial. I’m happy to be referred to in that way, but that means we grew up with credit cards being peddled on college campuses (“Get a credit card, get a T-shirt!”). People our age had parents

What is the true cost of a larger house? Since my wife and I are thinking about moving from our condo into a single-family home within the next year or two, I asked myself, “Is that a sound financial decision?” To answer that question, I decided to crunch the numbers for our situation. I knew

Our lives have been turned upside down because of the pandemic, so I wanted to share what you can do now to financially prepare for life after COVID-19. As a side note, if you are facing financial hardship right now, please read our last post titled Coronavirus Outbreak Financial Tips. Since we don’t really know

Did your business do better than expected this year? If so, congratulations! While I don’t encourage frivolous spending to save on taxes (after all, your tax deduction is never more than the actual expense!), there are some ways for you to save money on taxes with smart business holiday spending at the end of the

David and Mary* are another couple we worked with where one person wanted to work with a money coach and the other was hesitant, at first. Fortunately, Mary came around to the idea of working with a money coach, and now the two of them have achieved a lot as a couple! Here’s their story:

So, is hiring your child a good idea if you own a business? I think so! As a money coach, I’m always looking for creative ways to save money for my clients, and hiring your child is a great way to accomplish this objective. First things first though… ensure you hire them the right way.