Category: Financial coaching

AUGUST 2017 – Financial Freedom

#TuesdayThoughts to make #cents4you choose today to take control of your finances!

Doing nothing will get you no where.  

If you have more month than money, or so it seems, begin today by telling your money where to go.

Step 1. FREEZE! Put a freeze on wanted items, pay only the essentials needed items – rent, utilities, groceries, cell phone, gas, car payment, insurance.  Temporarily stop going out to eat (take your lunch to work), pay-per-view & other entertainment, and buying gifts.  If you have a planned vacation go enjoy but take cash or set a limit on your spending BEFORE you leave!

Step 2. CALCULATE! Write down everything you spend for the entire month…you may be surprised at where it goes and how quickly you frivolously purchase unneeded items.  Plan your meals and take a shopping list to the grocery store and don’t buy anything not on the list.  To purchase gifts for birthdays and holidays, buy on sale and keep them in a PRESENTS BOX; you can label or wrap the gift as soon as you buy it.  This will cut down on last minute purchases and save you time and money to enjoy the event with your friends and family.

Step 3. PLAN! Most months you have the same bills with similar amounts:  rent, utilities, phone, car payment, insurance, groceries and gas.  While some months add expenses specific to that time of year: August – back to school, Nov & Dec – holidays, Summer-vacation, April – taxes due or you get a refund!  Plan your monthly budget accordingly and remember to save from DEC to DEC, which gives you twelve months to build for holiday purchases (or school supplies/clothing).  Don’t wait until DEC 1 to save for holiday purchases.

Step 4. SAVE! Once you know where your money is going, now you can begin to save and set aside 3-6 months of total monthly expenses.  This is crucial when unexpected costs such as a medical emergency or repairs,  or if a work layoff occurs.  You will find that it decreases your stress, gives you room to breathe easier, and keeps you sane!  Begin with setting aside $1000, then at the end of each month set aside the leftover funds in your checking into a savings account…I recommend opening a savings account at a different bank (once you reach $1000) because it is more difficult to transfer online and allows you to reach to your nest egg amount.  If you keep a same bank savings, you can then transfer large sums as your savings builds up to the other bank account.  When you get a raise, automatically place the excess into savings; setup your direct deposit to split into your savings account..out of sight, out of mind!


Remember, the journey to financial freedom begins with one small step to reach a huge reward!  When you are ready for a guide on your financial journey contact Cents+Ability to make cents4you!

MAY 2017 – WHY do you spend money?

This month, I want you to consider not just how you spend your money but WHY you spend it?!  As a giver myself, I am always dropping off a gift for no reason to friends, coworkers, and family.  They love me for it, but am I appreciated or taken advantage of my generosity?  Don’t misread me, sometimes you give for nothing in return..but it should not drain you to the point of exhaustion mentally or physically.  When you have poured out of yourself so freely that your soul is empty then you have to refill it.  That is what true, healthy relationships look like…give and take.  Receive as much as you give and your cup runneth over!  Now you can keep giving.  Has your wallet ever felt the sting of not being able to provide for your own needs because you gave it all away??!!  My advice is to set your boundaries, allow the natural consequences to occur, and stop rescuing others.  Let them learn from their mistakes.  Stop crossing oceans for them, when they won’t jump a puddle for you!!

March 2017 – Take a break

Spring break season is upon us, are you ready to THRIVE?  Fun times should already be included in your budget, as well as vacations and birthdays.  Most people forget to include these and then may feel they are missing out in all the fun, or they feel guilty because they could not spend what they feel the gift is worth.  However, if you plan for one year, think of all the funds that you could save to pay for the fun!!  Begin today for next year’s…or even the ones later this year and don’t miss out!


To learn more about budgeting signup for our budgeting class or a group coaching session near you!  Check out our calendar and click on register.

February 2017 – Loving

As the season of love approaches, I am reminded that you should love yourself first.  So what does that mean?  Loving yourself is not selfishness but creating the best you to THRIVE in all you do – relationships, work, finances.  When you pay yourself first by setting aside your savings, your retirement, or fun money; then, you are setting yourself up for success in the future.  You are thriving to become all that you can be by setting aside funds for your future plans and goals.

If you would like to find out more, sign up for our WOW! board class.  Find one near you on our calendar and register today.

January 2017 – The Year to THRIVE!

WOW! Already 2017!!

I am excited to begin a new year.  This year Cents+Ability Financial Solutions will be focusing on how to THRIVE…as individuals, as a company, and coaching our clients!!

What does THRIVE mean?







To know more details on how to THRIVE in your life, sign up for a class or group sessions today. Checkout our calendar of events and click on register or you may contact our office.


This month we are reminded to be thankful. Make a list of what you are thankful for, then go to that person and say thank you! Friends, family, the grocery clerk, your mail carrier or trash pickup, your boss and secretary, your kids and spouse! Lastly don’t forget yourself!! As we approach the end of the year, many forget to be thankful for how far they have come. I remind my clients that rewarding yourself at milestones are just as important as celebrating the end of the finish line, reaching that goal to be debt free or buying that new home. Small rewards may be that ice cream cone, a night to read your favorite book, or taking that bubble bath not a quick shower. They don’t have to costs money, but if they do you need to plan for them in your budget.


Happy Thanksgiving! Enjoy your reward!!


kid with coin

As kiddos go back to school then it is time to begin thinking about learning, football, and homework. May I suggest a fun activity to do at home with your kids to teach them not just about money but how to utilize it wisely: BUDGET JARS!

They are simple and inexpensive to create; you can use jars, boxes, just about anything which the child can watch the amount grow in! You need 3 – one for giving, one for saving, one for spending. First you pay the child for household chores…like you get paid for doing your job; you can also use money received as gifts on birthdays or Christmas. Be age appropriate when setting expectations and the payrate. For teenagers, they can use their job, chores, or both. Second you place 10% of the “paycheck” into Savings, this teaches an important lesson to pay yourself first. Then you place 10% in giving and the remainder in the spending jar. Children and teens can spend the money on whatever they want, but when it is gone they cannot ask for any from you or “steal” from the other jars. The saving jar can be used to open a savings bank account and save-up for something special, college, or the first car. Discuss it with your child and let them choose! If you begin about 4 years old then you have plenty of time to set aside muchos dineros..possibly even 20-30% at younger ages….with Mom & Dad adding to it also. The lessons learned could be the driving force with which your child learns to save, spend, and share the money that they’ve been given!

If you would like more kid-friendly tips or Family Financial Coaching contact us today for a free consultation!


Can you believe that 2016 is half way over??!!
You may feel that it is too late to begin taking control of your money through a budget, but it is never too late.
Which Way do I go??
Today is the day to start reaching your goals for tomorrow. Do not wait another day, another hour, another minute. Write down your plan, list the next step to reach it, then take action! Your financial freedom journey starts with that next step, but you won’t get anywhere if you just stand there.
If you need assistance contact us at and schedule a free consultation.