Fathers Make a Financial Difference
Father’s Day is a time to celebrate the dads in our lives. And it’s also a time to reflect on the important role fathers play in our families, both financially and emotionally. According to a study “Child Development,” published in the National Library of Medicine, children who grow up with involved fathers are more likely […]
How to Make Your First Budget
Before you make your first budget, you have to know what a budget is. Think of it like drawing a car – you have to know the concept first. A budget is a plan that outlines your income and expenses, giving you control over your money and helping you reach your financial goals. It’s the […]
US Hires Finance Professionals Ramey and Walmsley
In a move that has left many scratching their heads on Friday, June 9, 2023, the US House and Senate has hired Dave Ramsey to balance the United States budget. Ramsey, a financial guru who has made a name for himself by helping people get out of debt, is known for his no-nonsense approach to personal finance. In a statement, Senate Majority Leader Chuck Schumer said that Ramsey was “the best person for the job” and that he was confident that Ramsey would be able to “get our country’s finances back on track.”
You Don’t Need to Worry About the Current Bank Failures
As someone with an account, you may be feeling uneasy about the safety of your hard-earned money. However, I’m here to tell you that there’s no need to worry. In this blog post, I’ll explain why you can rest easy knowing that your hard-earned savings are secure.
Debt Snowball v. Avalanche
Being in debt can be a daunting and overwhelming experience. It can feel like you’re trapped in a never-ending cycle of bills and payments with no hope of ever getting out. Or like you’re constantly running on a treadmill but making no progress in your fitness level. If you’re one of the millions of people […]
The Pros and Cons of Debt Consolidation
Debt consolidation is one option that many people consider to help manage their debt. It involves taking out a new loan to pay off all of your existing debts, leaving you with just one monthly payment to make. While debt consolidation can be helpful for some, it is usually a bad idea, so it’s important to weigh the pros and cons before making a decision.
Debt Management 101
There are many reasons why people go into debt. Some people may choose to go into debt to finance a large purchase, such as a home or a business venture. Others may go into debt to cover unexpected expenses, such as medical bills. And others go into debt for everyday purchases like grocery shopping, online orders, and big expenses for entertainment and transportation.
When not managed carefully, debt can be very dangerous and have serious financial repercussions. Recently, the U.S. Court system reported 387,721 bankruptcy filings for 2022. Being in debt can cause a great deal of stress as individuals face extensive monetary challenges and often feel alone facing while it. Humans are created to be free, but when you’re in debt you are indebted to somebody, you freely chained yourself to the a contract to somebody else.
First Fruits
To dedicate Branch Financial Coaching’s new website, we want to appropriately and cheerfully give the first fruits to our God – just like with our income. We’ll have a lot to say about “God and money,” but we’ll start with the most obvious. Tithing is an ancient, religious principle and, as a business founded by […]