Budgeting Basics
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How to Feel More Confident With Your Money in 2021
This post is sponsored by Credit.com. Here at the ATB we are all about budgeting in a way that works for you and finding realistic ways to feel more confident with your money. Now that 2020 is (finally) over, here are ways that you can start to take hold of your finances and build confidence with your money in 2021. Write down your short, medium and long term financial goals I’m a big believer that you don’t need to stress over how to maximize the value of every dollar you come across. Much of personal finance is behavioral and relies on us finding value in how we navigate our money!…
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How to Stay Motivated When Paying Off Debt
Paying off debt can be super exciting, especially at first! But what do you do if you just feel like you a in a rut with your finances and debt payoff journey? Here are some tips to help you stay motivated while paying off debt! Disclaimer: this page includes affiliate links that help keep content here at the Avocado Toast Budget free and frequent! If you choose to use these links, I may receive a small commission. Thank you for your support! Give Yourself Fun Money One of the most important parts of paying off debt is making it sustainable. You’ll get burnt out very quickly if you don’t allow…
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How to Increase Your Credit Score
Did you know that credit scores are actually unique to the U.S. (and a few other countries)? Typically, in the U.S., your credit score is a number between 300-850 that is meant to show your creditworthiness. So you might be wondering, what the hell is creditworthiness?? It’s basically a way for creditors to see how likely you are to actually pay back your loans and bills in full and on time. Unfortunately, it doesn’t always reflect that, as outside influences can affect people’s credit score that they have little or no control over. With that being said, there are ways for you to increase your credit score (or build credit…
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Budgeting Basics: Debt Snowball vs. Debt Avalanche
If you are looking into paying off debt, you have probably come across the terms “debt snowball” and “debt avalanche”. These are two of the most popular methods to pay off debt. Honestly I don’t even know if there is another official way of paying off debt. If there is one, I haven’t heard of it. The Debt Snowball involves paying off your smallest debts first in order to see quick success and progress with your debt payoff plan. The Debt Avalanche involves paying off the highest interest rate debts first in order to save the most money in the long run. In my opinion, neither one is inherently right…
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Budgeting Basics: What is the BEST Budgeting Method For You?
If you are new to the world of budgeting, it can be completely overwhelming. There are so many different options to choose from! And who even knows what half of those words mean? How can anyone expect you to start budgeting if you don’t even know where to start? That is where this Budget Basics Course comes in.
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Budgeting Basics: Building an Emergency Fund
We’ve all been in that position before where something completely unexpected happens and we are not prepared financially (or mentally) for it. Unfortunately, that is often how life works, and there will always be unexpected expenses. But wouldn’t it be nice to decrease the stress a bit by being financially prepared? That way you can just worry about the task at hand, not how you are going to afford it. That is where an emergency fund comes in, and it is CRUCIAL in your budget. If you are new to budgeting, and wondering what steps you need to take to get out of debt and save money, an emergency fund…
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Budgeting Basics: What IS Budgeting?
If you are new to the world of personal finance, budgeting, paying off debt, or saving for your future, you probably have TONS of questions. People in this space rave about the importance of budgeting, but what IS budgeting anyway? Why do you need a budget? What is its purpose, and what will it do for you?
