Mamas Dinero Featured on the YO QUIERO DINERO PODCAST!!!! A budget doesn’t mean you’re broke!Alicia Sanchez is the creator behind @mamasdinero, a blog dedicated to empowering families to take control of their personal finances. She wholeheartedly believes that anyone can improve their financial life by budgeting, saving, paying down high-interest debt & investing while helping others!Alicia started her personal finance journey with over $80k in debt, a negative net worth, and her credit was negatively affected (thanks to piled-up medical bills).Over the past few years, she’s built a foundation of strategies doubling her income, which...
Mama, we both know money makes the world go-round. Rather than pretending that’s not the case–take a proactive approach by giving your kids the financial education you didn’t get. Kids learn about money at home and allowance can be a helpful tool to put real money in your child’s hands to help them learn about finances. Kids are never too young to learn about money Sometimes we may not give our kids credit for being able to understand complex concepts, but I love when kids shock us with how much they absorb. Rather than a traditional allowance, where you just...
Real estate investment holds immense potential for wealth creation and financial security. However, embarking on this journey without a solid grasp of budgeting is akin to setting sail without a compass. Budgeting is the compass that steers your financial decisions, and it plays a paramount role in ensuring the success and profitability of your real estate ventures. In this post, we will explore the critical reasons why learning how to budget is an essential prerequisite before you dive into the realm of real estate investment. A Solid Financial Foundation: Budgeting serves as the foundation upon which successful real estate...
Are you ready to save some serious cash? This 100 Envelope Savings Challenge is great for everyone to try! The best part? It’s broken down in an easy-to-use way and can be started asap, too. This is an excellent way to cut costs, save money, and start building your savings fund. The more money that you can save over time, the more that you’re going to get into a habit of saving. This is not only great for yourself, but it’s great for teaching others in your family that saving money doesn’t have to be hard to do. Use this...