Payday will always be the best day of the week. All of our hours of work have finally (literally) paid off. But there’s so much to spend it on, too. The list includes food for the week, birthday and holiday presents for family, a little spending money for ourselves, and, of course, a seemingly infinite […]
Tag: financial goals
Level Up Your Money Game: Proven Strategies for Financial Success
The prospect of developing and adhering to a financial strategy can be overwhelming. However, it does not have to be so complicated. Consider taking the following three steps: Measuring your current financial status can be accomplished by preparing a personal balance sheet. Identifying your financial objectives is simple. Most people indicate that retirement security, funding […]
How to Achieve Your Financial Goals
The first step in financial planning is determining your short-term (under a year), mid-range- (three to five year) and long-term (over five years) financial goals. The next step is setting a strategy that will achieve these goals. Many planners use a SMART strategy to do this. Using this strategy means working together to set goals […]
Tips for Sensible Nonprofit Budgeting
When it comes to financial planning, few things are more important to a nonprofit than the creation of the budget. It’s how the board of directors and staff plan for income and expenses. Approval of the annual budget is a fundamental step toward sound financial management. Staff is responsible for creating the initial draft of […]