Here’s how to reach your financial goals: Week 4 Money Challenge

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We are ready for the last week of our money challenge! Congratulations on going so far. Your finances will be much better for it. During our final week, we will focus on taking action to reach your overall financial goal. Of course, everyone’s goal is different. But we have some suggestions that should work for almost everyone.

If your goal involves spending less money or increasing your savings, this should be helpful. Take a look at your recurring expenses and see if you can cut them in any way. In fact, many bills can be negotiated. Especially during the pandemic, everything from utilities to WiFi providers to meal subscription services have become more flexible with pricing. It doesn’t hurt to call your cell phone provider, mention your customer loyalty, and see if you can get a better deal on your recurring expenses. Take a look at your most important expenses, such as housing, mortgage, auto and student loan costs, and explore your relationship to those. Is it possible to refinance or negotiate in any way? Time to move in and take advantage of the lower rents in some cities? You may not be able to cut these expenses in one day, but it’s always worth weighing your biggest expenses to find more affordable options. Lastly, let’s keep up the good habits for this month. Choose a software or system to keep track of your finances in the future. Controlling your personal finances is a form of personal care! We are not recommending that you keep track of every penny, but rather that you find the right system for you. The “passion budget” is a system that encourages you to spend on what makes you happy and try to save on other categories that you are less passionate about. We’ve also rounded up some apps that can make your life easier, like Mint for setting a budget and keeping up with bills and Honey for taking advantage of online coupons. Remember that any small change in your spending habits or something that you can invest is important. Compounding can work wonders, and it only takes a little to get started. And that’s it for our challenge! If we want you to remove something from our first monetary challenge, it is this: Anything you do to spend, save, or invest your money in a way that serves your financial goals is worth it. It’s time to remove the shame we feel about money and instead take small steps toward our goals, whether it’s achieving financial security, paying off debt, helping others, or investing for retirement. Follow us on Instagram and Twitter, and let us know if you liked the money challenge. We want to hear your feedback – you can reach us at and And now for today’s top stories: 1 in 5 of these essential workers say they will ‘definitely not’ get the COVID vaccine Republican workers in this group were much more likely than their Democratic counterparts to say they would definitely not get vaccinated. Read more Try these 6 exercises to improve your posture Perform these exercises as a training to develop better posture or use them as a warm-up for your training. Read More Rising Insurance Costs Threatening Florida‘s Real Estate Boom Florida’s property insurance market is in trouble as mounting losses from insurance companies and rising premiums threaten the burgeoning real estate market from the state, according to insurance executives and industry analysts. Read more ‘The homeowners association has approved a policy of not renting homes’: Our landlord wants us to buy or leave, what should we do? When a tenant purchases directly from the landlord, there may be other opportunities to save money, and not just by eliminating moving costs. But there are other concerns. Read more My sister’s house is in foreclosure, so she is moving in with our parents. He posted on Facebook that he deserves his home. That I have to do? ‘She is my parents’ power of attorney and will be the executor of their will. She’s getting paid from Veterans Affairs to take care of them. ‘ Read more I have $ 1.1M in savings for retirement, I earn $ 128K and I have $ 22K in savings. Can I afford my dream car, an $ 80K Nissan GT-R? “I am 41 years old, single with no children, and I have always been a great saver.” Read more Some new investors see a ‘buying opportunity’ if Biden raises capital gains taxes on millionaires ‘I see something like this as an opportunity to buy and hold,’ said a millennial investor seeking a stock sell-off if Las Capital gains tax rates go up. Read more My second husband, 86 years old, and I have 12 children between us. He wants me to leave everything to him, and he says that he will pass the inheritance to my 5 children ‘He wants to leave the house to his children, but he says that if I survive him I can live in it or rent somewhere if I want to move. People of color face multiple barriers to accessing vaccines, including ‘skepticism of a system that has treated them poorly.’ ‘The demand is there,’ said Nida Al-Ramahi, a managing fellow at Penn Medicine. Read More Here are all of your EV options and which ones have the best safety features. While some EVs offer a full set of cutting-edge safety features, others do not. And the price is not necessarily an indication. read more