Kriss Stevens & Scott Manley - CENTURY 21 Cobb Real Estate



Posted by Kriss Stevens & Scott Manley on 12/10/2017

These days keeping track of your money can be a hassle. Between all the different ways you can spend your money it’s easy to lose track of your spending. Luckily there are some great apps for money management. Below are a few favorites— all rated with 3.5 stars and up. LearnVest: LearnVest is a money management platform, but it’s also much more. You can link up your various accounts to keep track of your spending, savings and goals (that you set). But the best part about this app are the articles you receive via email from them. The articles that they send are full of helpful information related to early retirement, saving for your wedding, how to pay down debt, rebuilding bad credit, smart saving, and so much more. Every article is worth the read. This app is available on iOS. Mint: Mint is a well-known money management platform. You can hook up your bank accounts, credit cards, 401k and loans and set up budgets. The app utilizes graphs to show you how you spend your money and provides you with bill reminders. It will even give you your net worth. The only downfall to the app is that it has a difficult time connecting to small banks’ online banking systems. This app is available on iOS and Google Play. Daily Budget: This is a do-it-yourself app. If you are one that is weary about putting your personal banking information onto your phone then this is the money management app for you. You plug in your income, reoccurring expenses and it gives you a daily budget. You can add in additional income and expenses as they occur. But, you will have to pay for the full version if you want to utilize all income and expense categories. This app is available on iOS. Comparable apps are available on Google Play. Prosper Daily: This app’s main emphasis is on protecting your accounts. You can link up your bank accounts and credit cards and approve or deny charges as they occur. But, it is also good for a high level review of your accounts. You are able to view your balances on your credit cards and checking account all in one place. Another pro of this app is that you are able to categorize your charges making it easy to keep track of what you are spending your money on. One of the great new features now available is the ability to view your credit score. And beyond that it provides insight into why your score is the way it is and how to improve it. This app is available on iOS and Google Play. These apps will aid you in getting in front of your spending and back in control of where your money is going. Be sure to take full advantage of the offerings that each app has, as it will only benefit you in the long run.





Posted by Kriss Stevens & Scott Manley on 3/20/2016

It is the desire of most people to become rich in life and live comfortably in retirement. The problem is that most people are not ready to pay the price required to achieve this long term goal. No one living their dream life today arrived there by chance. They all made a concerted effort to ensure their plans became a reality. The first step is saving, some people have problems saving money hence only having enough to meet their present needs. Never bothering to set some money aside for the future can leave an individual in a real financial bind.

This article will provide you with some practical steps on how to save money. The first step is determining how much you will save, how long you will save it, and how to keep you from spending it.

Take Care of Your Debts

Before you start saving, you need to clear your debts so you can start with a clean slate. Calculate how much you earn in a year and how much you are in debt. Calculate how much you want to use towards repaying the depth on a monthly basis and stick to it. The larger the portion, the faster you get out of debt. It may be a bit of a strain on your budget, but the sooner your debt is eliminated the better off you will be.

Set Your Goals

You need to set goals that provide a clear picture of what you are working towards. Maybe you want to have $5000.00 in savings by the end of the year, have this written on a piece of paper and placed where it is visible to you at all times.  This message will act as a continuous reminder of the goal you are aiming to achieve.

Establish A Time Frame

What good is a goal without a time frame? There has to be a precise and definite time frame, this makes your goals realistic. For example, “In 6 months, I want to have $30,000 in my account by saving $5,000 every month”. That is a long term goal that has been broken into short term goals with a precise payment amount and time frame.

Keeping A Record

It is very important to keep a record of every expense you make and every bit of income you receive. Keep a small note book in check always to determine precisely how much you spend.  Include your utilities, rent, insurance, car payments, fuel, food and other living expenses.  You will be surprised how much you spend when you start writing it down.

Cut Down On Your Expenses

This is where you need to take decisive actions. Cut down on your expenditure so you have more money for your savings account. For example: instead of paying for the internet, a land line and mobile phone, why not make most calls on Skype as calls on that platform are free. Do away with the land line, your mobile phone and Skype should take care of all your calling needs. Can you do away with cable television? If so, why not, that could prove to be a substantial savings at the end of the year.

Assess Your Self

You will need  to assess your position from time to time and determine if you are on course with respect to meeting your goal. Take a look at your progressive income and expenditure. The expenditure should reduce subsequently allowing an increase in savings.

When it comes to money, savings should be your first priority. This is a form of paying yourself first. Even small deposits will add up at the end of the year.  Discipline and consistency are key when building that proverbial nest egg.