This time of year, tends to be one of the most EXPENSIVE for a lot of people. What is the best way to start planning and budgeting for the holiday? When there are a ton of festivities happening all within a relatively short period of time, we often can get [...]
The simplest description of the Diderot Effect is this: “The introduction of a new possession into a consumer’s existence will often result in a process of spiraling consumption.” What does this mean? You buy a new car and now you need a new tint job, new rims, a new phone [...]
The average American household spends over $200/month on their cable bill. For most of us, that makes cable our most expensive utility. Learn how to save money with streaming by cutting the cable cord in this episode of the Fiscal Fitness Podcast. Notes from the episode: Guest expert (and [...]
How many times have you looked at your bank statement or checking account debits to say what the heck are all these iPhone charges for? We see this ALL THE TIME with clients! They signed up for apps or programs or free trials on iTunes and have no idea what they [...]
As we start the slow return to normalcy following the COVID19 quarantine, it's time to consider what our spending habits will be. Companies will more than likely start to market towards our need for normalcy and the things we have been missing out on the past few months. Jill and [...]
Depending on what part of the country you live in, the Coronavirus may either be a worrying news headline or the thing that’s shutting down your child’s school for the next two weeks. There is no doubt though that fears around the virus are ramping up daily. It’s already shut [...]
We all have spending triggers. Even as financial coaches, we have triggers. These triggers are deeply rooted in our emotions and most of the time happen without us even realizing it. The first step in overcoming your spending triggers is identifying them. The benefit of knowing your triggers is you [...]
A big step towards getting a handle on your budget is knowing your expenses. You might think expenses are expenses. If the money’s going out, it’s an expense. But here at Fiscal Fitness, we like to think of your expenses in four distinct ways: fixed, recurring, non-recurring, and whammies (the [...]
This episode is part six of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1, part 2, part 3, part 4 and part 5 if you haven't yet.) In this episode, we discuss what the Ostrich Effect is [...]
This episode is part five of our six-part series on cognitive biases and how they affect our spending habits and financial decisions. (Make sure you check out part 1, part 2, part 3, and part 4 if you haven't yet.) In this episode, Coach Kelsa discusses how the Negativity Bias is [...]
