Skip Nav
Disney
43 Secrets From a Former Goofy Cast Member at Disney World
Holiday Living
This Japanese Gift Wrapping Method Takes 15 Seconds
Gift Guide
11 Cozy Gifts Under $100 That Spread Instant Cheer

Four Tips From Money Zen Achievers

Money may not be able to buy happiness, but there are ways we can find peace with our financial lives and improve our overall well-being. Four people who've achieved a state of money Zen shared their tips with Yahoo Finance, and their advice suggests that keeping it simple is the best path to stress-free finances.

  • Know where your money goes. Track your spending to target any money leaks.
  • Know what you want your money to do. Focus on goals and set timelines, then break the goals into smaller steps to make them more manageable. Having your own objectives will keep you from falling into the trap of competing with the Joneses.
  • Don't carry revolving debt, or have a specific plan to pay it down. Maximize your repayment plan. Adding just another $20 to your monthly payments can make a big difference in the time it takes to pay off your debt.
  • Invest in your job skills, and don't expand your lifestyle as fast as your salary. Improve your marketability and live below your means.

Source

Around The Web
Join The Conversation
Brinklie Brinklie 8 years
My husband and I just recently paid off the mortgage on our home, and let's just say we practically had a party! Having to make a mortgage payment every month can definitely add stress to your life because you are under such a huge financial responsibility. One thing I would recommend would be looking into an accelerated mortgage program. Once we started working with the bank with this program we were able to pay off our house way quicker than we ever thought. So not only are you paying less (because you aren't having to pay the interest accumulated every year) but it took that huge financial responsibility off our shoulders and now we're able to live comfortably knowing we own our home.
ilanac13 ilanac13 8 years
i think that these are really easy things that you can do that will help with the peace of mind with your finances. i think that the whole know where you're spending it - and lower your debt ratio items are the most important to me. i think that i'm definitely making a dent in things, and i'm getting much more organized with my finances
Average Cost of a Wedding
Affordable Winter Activities to Do Alone
Ways to Save on Groceries
How to Live Frugally
Target Food-Shopping Tips
Gifts For Men in Their 20s
How to Reduce My Cell Phone Bill

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Afforable DIY & Organization
All the Latest From Ryan Reynolds