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How Khadi was able to save $10,000 by using Her Luxurious Lifestyle Planner

How Khadi was able to save $10,000 by using Her Luxurious Lifestyle Planner

Khadi said the Luxurious Lifestyle Planner helped her get out of her feelings and into her bag!

She uses her Luxurious Lifestyle Planner to stay organized when it comes to her finances, create debt payoff strategies, and to stay on top of her saving goals.

Her favorite part of the planner is the “Luxurious Thoughts” section. It allows her to journal her thoughts and keep up with everything when it comes to her money.

By using the planner consistently, Khadi was able to see where her money was going and where she needed to cut back in order to reach her savings goal!

Khadi shared 5 tips on how she was able to save $10,000!

1. Ditched subscription services such as Amazon, Netflix, and the Gym

2. Deleted her banking app and cut up her debit card that had access to her savings account.

3. Froze her credit and charge cards

4. She conducted meetings twice a month with her Luxurious Lifestyle Planner to ensure that she stayed on top of her money goals.

5. Signed up for referral links and promoted them via her IG and FB page. 

If you want a Luxurious Lifestyle, you must create it and the best way to start planning for it is by using the Luxurious Lifestyle Planner!

If you haven't grabbed your Luxurious Lifestyle Planner yet now is the time! You could be on your way to saving $10,000 and getting out of debt too!

Congrats again Khadi and thank you for sharing!

Do You Have a Toxic Relationship With Money? 6 Ways to Tell

Do You Have a Toxic Relationship With Money? 6 Ways to Tell

Having a toxic relationship with money can cause you to struggle more than you have too. Most of us develop their attitude toward money earlier in life, you may not even realize the destructive thoughts and feelings you have toward money. The sooner you can identify trouble in your financial relationship, the sooner you can work toward having a healthier attitude towards money and begin to repair your finances.

You’re always broke.

Sometimes you may genuinely not have enough money to pay all your expenses. It’s one thing you’re living on a barebones budget and you barely make enough money to pay all your bills. It’s another when you’re constantly broke because you overspend and you’re not trying to control what you spend each month. Or if you refuse to do anything to make more money or cut your expenses.

You think money doesn’t matter.

Of course, money isn’t everything. You should never make money the center of your life or the driving before behind how you live your life. In a healthy financial relationship, you understand that money is simply a currency - a medium of exchange. You receive money for what you provide to others. And give it to others for what they can provide you. It matters because it’s necessary for life’s basics.

You diss people who have money.

It’s one thing to hate a system that supports unequal pay between genders or races. It’s another thing to hate on people who have money simply because they have it. Whether they worked hard or they inherited from someone else’s hard work, it makes no difference for you. Repairing your relationship with money means acknowledging where you are in life and drawing motivation and inspiration from people you look up to.

You think winning the lottery (or getting some other large sum of money) will solve your problems.

You’d be surprised to find out just how many lottery winners end up going broke. Or how many people who’ve inherited a fortune end up squandering it before they can pass it down to the next generation. Lots of people think they wouldn’t end up in that situation, but as soon as they get a little extra change, they blow it. Getting a lot of money won’t change your life if you don’t have the foundation in place to properly handle money. The same way you blow a $5,000 tax refund, is the same way you’d blow a $5 million lottery winning.

You don’t make any plans for your money.

You should tell your money where it’s going, not the other way around. Having a frivolous attitude toward money prevents you from making serious plans about your financial future. You may spend more than you should and end up saving less than you should. It’s important to set both short- and long-term goals for your money, then put a plan in place to make sure you’re going to meet them.

You’re scared at the thought of making more money.

You can get stuck in a cycle of struggling because it’s what you’re comfortable doing. Despite the fact that it’s scary and painful at times, if this is how you’ve always lived your life, struggle is simply what you’re familiar with. And human nature causes us to seek out the unfamiliar. Making more money isn’t a bad thing, but can be terrifying if you’ve never made a lot of money before. You might fear something bad will happen to you. Or that people will look at you differently. Having more money can provide you with security for months and years to come, if you’re responsible with the money you earn. And long-term security is the true comfort in life.

 

5 Important Steps to Take When You’re Overwhelmed With Bills

5 Important Steps to Take When You’re Overwhelmed With Bills

Being responsible for bills every month is a level of adulting we weren’t all prepared for. If you’re not careful, the number of bills you’re responsible for each month can creep up on you. You sign up for services and subscriptions one by one, until suddenly you’re having to dip into savings or use your credit card to pay for everything.

It’s a dangerous way to live. You’re one emergency away from spiraling out of control. The moment you notice your bills are getting too high, you have to make a change, otherwise, you might have to fix some real damage.

Start by figuring out what exactly you’re paying each month.

Go through all your bills and your credit card and bank statements to figure out what you’re paying each month. Make a list of all the bills and the amount of each. This digging can be tedious and can take a few hours, but you might see a few expenses you didn’t realize you were paying.

Decide whether each expense is necessary.

Now comes the hard part. Being real with yourself about what you should be paying for and what can go. Some things are obvious - you have to pay utilities and probably your cell phone bill. But there may be some expenses that are questionable, especially the subscriptions. Do you need the gym membership? Netflix and Hulu? Spotify and Apple Music?

Of course, you can justify keeping any of those bills. But, when you’re swimming in bills, you have to get rid of something so you can keep your head above water. Make the tough decisions about which bills you can cancel.

Make a plan to catch up.

If you have any bills that you’re behind on, highlight those so you can work toward getting caught up again fast. Prioritize bills that will cost you the most. For example, if you’re behind on your rent or mortgage, catch up on your housing expenses first to avoid becoming evicted or foreclosure. Work toward catching up on past due credit card bills so they won’t get charged-off and damage your credit.

When you can’t quite afford to catch up right away, you should talk to your creditors right away to see if you can make payment arrangement to bring your account back current again.

Set aside some bills to pay off.

Another way to get rid of a bill completely is to pay it off faster, this is especially true when it comes to credit card bills. Once you start cancelling some of your other bills and services, you’ll free up some extra money that you can put toward paying off your credit card balances faster.

Pick up some overtime, part-time work, or a side hustle to make more money.

You don’t want to have to bring in extra income just to afford your basic living expenses, but temporary side work can help you at least get caught up on your bills. Once you have everything under control, you can decide whether you want to keep working so you can build up your savings account or pay off some of your other debt.