Category: Savings

SEPTEMBER 2017 – Pathway

Do you ever feel like your life is overcluttered, overwhelmed, overutilized?  You are not alone.  Many of us can feel the four walls closing in squeezing us into a smaller and smaller area.  Don’t be discouraged because there is hope!  You have control of how you feel, which empowers you to overcome the obstacles that life places in your pathway.

Just like in life, your finances can feel overwhelming sometimes…but don’t be discouraged!  Take back your life, make #cents4you by choosing the path that leads to your financial goals not someone else’s goals.  A monthly budget is the like the pathway that shows you the direction to go, but it has twists and turns, and yes obstacles.  Don’t allow negative feelings or circumstances to deter you from reaching your destination!

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!

JUNE 2017 – Summer Fun

It’s summer time, time for fun – grillin out – and checkin out  your current budget.

Budgets are not cut in stone, they need to be fluid, to adjust to your ever changing world…when you plan and budget up to one year out for vacations, holidays, and summer fun then they do not seem so overwhelming for your pocketbook or your calendar! Go enjoy today but this weekend sit down and review your June budget: what do you need to add, what do you need to subtract, multiply your fun and divide the needs over several months.



Spending time with Dad and grads this month could be expensive if you did not budget for the parties and gifts. Honor your father by not overspending your finances, but offering time with him.  Teach the next generation (Congrats Graduates!) that budgeting is not difficult or a waste of time.  Show them that a realistic budget offers freedom, and clear decisions offer rewards!  A great gift is a coaching class with us, graduates receive a discount so contact us today.

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.


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!

APRIL 2016

This tax season review your refund, you could be taking out too much.  Maybe you should lower your paycheck federal withholding so your take-home pay is more throughout the year…it makes cents for you!  Why allow the government to “save” your money when you could keep it and earn your own interest or buy that new pair of shoes with cash.  If you are unsure how much you should be taking out of your paycheck, contact us today for a free consultation.


Love yourself…pay yourself first!  When creating your budget, don’t forget to include SAVINGS.  Before you budget for bills in the present, you should budget for future needs.  The goal is to pay yourself ten percent of your take-home income; place that number in your budget.  If at the end of your budget, you are negative, then you can adjust the savings.  Keep in mind that when you are debt free, then you can increase your savings.  Be sure to save at least $1000 for emergencies before cutting your amount into savings to pay off debt.  Your next step is to save an amount equal to four months of monthly expenses. This will be for any future emergencies or a work layoff.  Once this long-term savings goal is reached, then you can increase the amount placed into retirement.