Determination and focus is necessary if you want to change your lifestyle. And being frugal and thrifty is definitely a lifestyle. You have to realise all the good that will come in your life if you are able to establish your financial discipline and change the way that you live your life. Less stress, more [...]

Every good plan is a work in progress and has to be constantly reviewed. How often? As often as you feel necessary. Regular review of your yearly plan can happen every three months of half a year, but if a need arises it can be more frequent. For instance, if you lose your job and [...]

After you have made the plan you just have to stick with it. Take a notebook, or make a worksheet, whichever works best for you, and daily input all your income and expenses. Review them weekly and see if you are within the planned figures, so as to know where you stand within your budgeting [...]

Plan, plan, plan… A good plan is the best way to take control of your finances. After you have completed your inventory you will already have a pretty good idea about the severity of your financial situation. Now is the time that you can talk to your lenders and workout the plan that will financially [...]

You have discovered that you are financially way in over your head. How to start if you would like to achieve financial stability? Start with inventory of all your income and expenses, debt and investments, assets and liabilities. Only after you make a complete balance and understand what your real financial situation is like, you [...]