New Mexico Bankruptcy Law Blog

Archive for May, 2009

31 May

Financial Health Steps – #18: Where does all the money go? — NMBankruptcyBlog.com

This is the 18th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #18:

For most people, financial health doesn’t depend on how much they earn, but [...]

30 May

Financial Health Steps – #17: Save for your goals — NMBankruptcyBlog.com

This is the 17th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #17:

Most likely, reaching your financial goals will require you to commit to saving.  That is one reason saving is an essential part of any money management plan.

There are some simple ways [...]

29 May

Financial Health Steps – #16: Make a commitment — NMBankruptcyBlog.com

This is the 16th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #16:

One trick to keeping your financial goals is to remind yourself of your goals on a regular basis.

The site includes a “fridge-friendly” goal certificate that you can customize and [...]

24 May

Financial Health Steps – #15: Securing your financial future — NMBankruptcyBlog.com

This is the 15th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #15:

Don’t despair if you are behind on your retirement goals.  If it is any consolation, you aren’t alone; studies show many households are not adequately prepared for retirement.

As bad as things [...]

23 May

Financial Health Steps – #14: Expect the unexpected — NMBankruptcyBlog.com

This is the 14th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #14:

Unfortunately, bad things sometimes happen to good people.

And bad things happen to communities and countries. We’re in bad financial times.  Be careful not to let feelings of entitlement or anger [...]

22 May

Financial Health Steps – #13: Paying down debt is a smart financial move — NMBankruptcyBlog.com

This is the 13th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #13:

There are two popular methods that people use to tackle debt.

Paying down debt is good, but be wise about how you do it. There are strategies and there are tools. [...]

17 May

Financial Health Steps – #12: Set short-, mid-, and long-term goals — NMBankruptcyBlog.com

This is the 12th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #12:

Be sure every goal has a specific purpose, a dollar amount that it will cost, and a realistic target date.

With this post, the site above provides a Financial [...]

16 May

Financial Health Steps – #11: Set SMART financial goals — NMBankruptcyBlog.com

This is the 11th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #11:

Before you think about setting goals, review the five parts of SMART goals.

SMART refers to “specific”, “measurable”, “achievable”, “rewarding”, and “trackable”.  Without these, it’s harder to reach your goals. Here’s [...]

15 May

Financial Health Steps – #10: Set your priorities — NMBankruptcyBlog.com

This is the tenth in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #10:

Creating a list of needs and wants can help you establish your financial priorities.

Identifying your financial priorities — good idea, and the site above provides a financial priorities worksheet to [...]

10 May

Financial Health Steps – #9: Do You Pass the Debt Test? — NMBankruptcyBlog.com

This is next in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.
Here’s from their Step #9:

Freedom from debt is an achievable goal for every family. The first step in regaining control is to take an honest look at your existing obligations.

The questions in the site’s Debt Test [...]

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