Monthly Archives: May, 2009

Financial Health Steps – #18: Where does all the money go? — NMBankruptcyBlog.com

This is the 18th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #18: For most people, financial health doesn’t depend on how much they earn, but how much they spend. It’s always good to have a decent sense of where your money […]

Financial Health Steps – #17: Save for your goals — NMBankruptcyBlog.com

This is the 17th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #17: Most likely, reaching your financial goals will require you to commit to saving.  That is one reason saving is an essential part of any money management plan. There are […]

Financial Health Steps – #16: Make a commitment — NMBankruptcyBlog.com

This is the 16th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #16: One trick to keeping your financial goals is to remind yourself of your goals on a regular basis. The site includes a “fridge-friendly” goal certificate that you can customize […]

Financial Health Steps – #15: Securing your financial future — NMBankruptcyBlog.com

This is the 15th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #15: Don’t despair if you are behind on your retirement goals.  If it is any consolation, you aren’t alone; studies show many households are not adequately prepared for retirement. As […]

Financial Health Steps – #14: Expect the unexpected — NMBankruptcyBlog.com

This is the 14th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #14: Unfortunately, bad things sometimes happen to good people. And bad things happen to communities and countries. We’re in bad financial times.  Be careful not to let feelings of entitlement […]

Financial Health Steps – #13: Paying down debt is a smart financial move — NMBankruptcyBlog.com

This is the 13th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #13: There are two popular methods that people use to tackle debt. Paying down debt is good, but be wise about how you do it. There are strategies and there […]

Financial Health Steps – #12: Set short-, mid-, and long-term goals — NMBankruptcyBlog.com

This is the 12th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #12: Be sure every goal has a specific purpose, a dollar amount that it will cost, and a realistic target date. With this post, the site above provides a Financial […]

Financial Health Steps – #11: Set SMART financial goals — NMBankruptcyBlog.com

This is the 11th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #11: Before you think about setting goals, review the five parts of SMART goals. SMART refers to “specific”, “measurable”, “achievable”, “rewarding”, and “trackable”.  Without these, it’s harder to reach your […]

Financial Health Steps – #10: Set your priorities — NMBankruptcyBlog.com

This is the tenth in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #10: Creating a list of needs and wants can help you establish your financial priorities. Identifying your financial priorities — good idea, and the site above provides a financial priorities […]

Financial Health Steps – #9: Do You Pass the Debt Test? — NMBankruptcyBlog.com

This is next in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website. Here’s from their Step #9: Freedom from debt is an achievable goal for every family. The first step in regaining control is to take an honest look at your existing obligations. The questions in the […]