At Level Coaching, we’re committed to helping you break free from debt and achieve financial independence. One of the biggest decisions you'll face on this journey is whether to focus on saving or investing your money. Both are essential to building a secure financial future, but knowing when to prioritize each can make all the difference in reaching your goals...
When your car is on its last leg and it’s time to start looking for another vehicle, you may wonder which is better: leasing or buying? The answer: it depends. Leasing a car has many short-term benefits but long-term drawbacks. Here’s what you need to know to decide if it’s a good move for you right now:Downsides of Car LeasingLeasing...
Financial stress is a prevalent issue affecting individuals and families across the globe. This emotional and psychological strain arises from concerns about money, debt, and financial stability. Understanding the various aspects of financial stress and how it impacts mental health and relationships can help you navigate this challenging terrain.What is Financial Stress? Financial stress encompasses a wide range of concerns related...
Hey there, fellow savers! Wouldn't it be amazing if there was an "easy button" for saving money? While we're still waiting on that invention (fingers crossed!), there's a fantastic alternative: automation. By automating your savings, you remove the guesswork of when and how much to save. Let's face it, we're all juggling limited time, attention, and focus. Waiting until the...
Hey there, financial explorers! Today, we're embarking on an exciting journey to unravel the mysteries of your money mindset through hands-on, interactive exercises. Get ready to dive deep into your financial psyche with these four engaging activities designed to decode your unique financial blueprint. Let's embark on this interactive adventure towards financial self-discovery together!1. **The Spending Journal Challenge: Unveil Your...
Credit scores are often seen as the holy grail of financial wellness, but understanding how they're calculated can be a mystery to many. According to a survey by CompareCards by LendingTree, a staggering 37% of consumers admitted they had "no idea" how their credit score was determined. This lack of clarity allows myths about credit scores to thrive, potentially hindering...
When pondering your expenses, what springs to mind? Perhaps it's the regular costs like housing, nourishment, transport, or even your shopping habits and personal care routines. In the realm of budgeting, especially under the guidance of a Level Coaching Financial Success Coach, expenses are the fundamental elements of your financial plan. However, before diving into budget construction, it's crucial to...
Planning for the New Year's expenses is a strategic move that can set the tone for financial success. As we transition from one year to the next, taking the time to identify potential financial commitments is a proactive approach that can enhance preparedness. Let's explore five key expenses to plan for in 2024, ensuring a more financially informed and stable...
Introduction: Money management is a delicate balance between numbers and emotions. Beyond the mathematics of income, expenses, and savings, it's influenced by our perceptions of time, energy, desire, and self-worth. These non-mathematical factors give rise to money mindsets, shaping our beliefs and actions. To ensure a financially prosperous 2024, let's identify and challenge four money mindsets that may be limiting your...