With many businesses asking employees to return to the office this fall (if they haven’t already) lots of us are asking the question — can I continue working from home? If you’ve hit a dead end with your employer over negotiating return-to-work policies perhaps you’re one of the millions thinking about quitting as part of the so-called “Great Resignation.” I wanted to put together a checklist of things to think about in your budget so you can determine whether you can afford it.
Personal financial insecurity isn’t always caused by a lack of financial resources it’s more often caused by problems allocating those financial resources. You may have heard of an emergency fund, but can you name what an acceptable use for your emergency fund should be? In this article, learn about the difference between planning for infrequent expenses and planning for contingencies or emergencies. By the end, you’ll have a much better handle on just how much savings you need and where to put it.
It’s common for people to view the entrepreneurial journey as a grind that will will sap you of your life and your energy because you’ll always be focused on the hustle of the job. I’m here to say it doesn’t have to be that way! There are lots of things we can do to get more of our energy back, set boundaries, and reset so that we’re in a better place to do our jobs well and serve our customers/clients too.
The Oxford English Dictionary defines resilience as “the capacity to recover quickly from difficulties; toughness.” During uncertain times like these we all can stand to build more resilience in our lives and our finances. I know many are wrestling with job insecurity, salary cuts, and we’re all certainly juggling more at home than we ever have in the past. Here are four specific ways you can work to build financial resilience.
Are you frustrated, ashamed or annoyed at the fact that you’re smart, accomplished and well-read, but finances still allude you? You’re not alone. Personal finance isn’t taught at any level of education and unless you happened to have parents who taught this to you, through no fault of your own, you won’t have as much knowledge of finances as you should. With a bite-sized approach you can start to change this. Here’s how.
Do you struggle with the financial and logistical aspects of your business and also what to charge? On the Legal Nurse Podcast, Cady North provides some practical formulas for setting and increasing your rates, strategic advice for dealing with payment fluctuations, and wisdom about how to avoid burnout. While the conversation centers on legal nurse consultants, the financial planning tips apply to any small business owner