Remove Budgeting Remove Economics Remove Food Remove Retirement
article thumbnail

How To Create A Bare Bones Budget

Clever Girl Finance

There are many different ways to come up with your perfect budgeting strategy. Alongside your monthly budget, you should also have a bare bones budget waiting in the wings. What is a bare bones budget? It's a budget that only covers the necessities. That's why this is not a sustainable long-term budget.

article thumbnail

Thinking About Retiring Early? 8 Things to Consider First

Carson Wealth

Tom Fridrich, JD, CLU, ChFC ® , Senior Wealth Planner We’ve all asked ourselves whether it’s too early to retire (usually after a particularly challenging commute or dealing with a difficult client). But even if you feel confident today, would it be reasonable to retire early? How Early Is Early?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The chicken or the nest egg: talking to clients about saving during inflation

Nationwide Financial

The Rule of 25 for retirement strategy suggests saving 25x the annual amount needed for spending in the first year of retirement, but it doesn’t account for the age when someone might retire. The 80% Rule states that you’ll need to replace 80% of your pre-retirement income. Saving requires a certain level of commitment.

Clients 52
article thumbnail

14 Best Recession-Proof Businesses Ideas You Can Try!

Clever Girl Finance

Recession-proof businesses can thrive despite an economic downturn. GDP is how overall economic activity is measured for a country. So, if you’re looking for recession-proof business ideas to switch into, then keep reading to find out which ones have the best chance of riding out an economic storm. Food and drinks, groceries.

Food 104
article thumbnail

How To Be Frugal And Thrifty: Differences And Why It Matters

Clever Girl Finance

So you can see that “economy”, or “being economical” is a primary focus of being frugal and thrifty. Create a budget to prioritize spending One of my favorite examples of living frugally is creating a budget by paycheck to follow. Budgets work well for being frugal and thrifty.

article thumbnail

Financial Adjustments to Hedge Against Inflation

Your Richest Life

Here are some strategies you can use to stay on track, even as prices continue to rise: Go Back to Your Budget. Spending more on food, gas and just about everything else can add up fast. You will probably have to revisit your budget regularly as prices continue to fluctuate, but that’s a good habit to get into anyway.

article thumbnail

19 Best Recession-Proof Jobs For All Skill Levels

Clever Girl Finance

These generally involve necessities or everyday life situations that people will pay for even when times are tough, such as food and healthcare. Whether it’s IT support, cell phone troubleshooting, computer repair, or building information systems, technology companies don’t seem to be as affected by the economic downturn.