Loqbox Blog

There are lots of good ways to practice self-care. Bubble baths, beauty masks and scented candles all have their place in a self-care routine — as does eating fresh, healthy food, drinking enough water and exercising regularly.

When not properly managed, our finances can be a huge source of stress in our lives. So it makes sense to consider financial wellness an important part of self-care. When we take good care of our finances, we take good care of ourselves.

Personal finances can be intimidating. Perhaps it’s because our finances are so closely tied to other important aspects of our lives (e.g. where we can afford to live, how much we can freely spend and even how we stock our pantries). Or maybe it’s because most of us weren’t taught enough about personal finances in school growing up.

Your monthly grocery budget is probably one of your biggest monthly expenses. It’s also one of the easiest categories to cut back on in your budget. This makes it a great way to save extra money when you need or want to.

When you’ve been living abroad, moving home can feel just as complicated as when you first left for your new country. You may need to find another place to live, figure out transportation and deal with the emotional impacts of returning home (some people refer to this as reverse culture shock). But you’ve got this, because you’ve done this before.

Do you ever find yourself wondering where all your money has gone at the end of the month? Are you struggling to save for big purchases or pay down debt? Or perhaps you think the only way to reach your financial goals is to make more money than you currently do.

Happy Financial Literacy Month! For those who don’t know, financial literacy is the ability to fully understand your financial situation and make optimal decisions using the resources and opportunities available to you.

For many people, owning a home is a key part of achieving the American dream. Homeownership offers the opportunity to build wealth and access credit through home equity, the possibility to reduce housing costs through mortgage interest deduction and long-term housing security.

Keeping track of all your monthly bills can be overwhelming. Between rent, utilities, student loans, Netflix, your meal delivery service, and those pesky credit cards, it’s a lot. And unfortunately, utility companies, credit card companies, and all your other monthly service providers don’t get together and coordinate dates for when your bills are due – we have to stay on top of those ourselves.

When setting your goals for the new year, it’s important to do so in a way that sets you up for success. Many people, eager to throw themselves into 2021, will set the ambition of working on all their hopes and dreams at once. But setting such a big challenge makes it very hard to make any progress beyond an initial wave of enthusiasm — which unfortunately dies off much too fast. The reality is that multitasking is overrated. By trying to do too much at once, we risk overwhelming ourselves and not being able to do anything.