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4 Quick Wins for the Budget Conscious Young Adult

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Discover four simple ways young adults can maximize their money. From what to avoid to how to shop, these insights will help any person gain control of their finances and spending quickly.

 You’re a young adult. You’re in college, you just moved out on your own, maybe you just got your first real adult job and you’ve hit the age that all financial responsibilities fall on you now. 

It’s freedom but it’s also much more responsibility and budgeting. As a young adult myself and in this current season of life, I have 4 tips that I need to remind myself of daily to help me budget, maximize my savings, and minimize my spending. 

1. Be careful with that shiny credit card 

Building credit is HUGE. It is very important for financing options and large investments but very tempting to spend on unnecessary things. I have made it a habit to limit myself to one small reoccurring payment I put on my credit card and pay it off right away each month. This could be gas, groceries, a monthly utility payment, something that you can easily budget but isn’t too costly. This way I am building credit but also paying off my debt quickly and not letting it build up. 

2. Cancel subscriptions 

Whether big or small, subscriptions are the number one thing I try and cut back on because it’s hard to make room for them in my budget. Now a days, it is so easy to purchase subscriptions in an app you may have on your phone that you don’t even remember paying that extra $3 a month for, but it’s still coming out of your account. I try to ask myself, “Do I really need Hulu, Netflix, Apple music? Or are there other ways to enjoy the things I love without committing to that monthly payment?” It may seem like a little payment in the moment, but saving that extra $50 dollars a month could be so beneficial. 

3. Stop spending money out on food and coffee 

This is probably my biggest weakness and the easiest way to blow money. Meeting up with a friend? Meet for food. Ran out of coffee? Go to Starbucks. Birthdays, study sessions, casual hangouts, food, food, coffee, coffee…it’s a vicious cycle. It all comes down to an “urge” for the most part. Sure, there are times when you’re really in a crunch and that afternoon run to Starbucks will change your whole world, but most of the time it’s just a coffee. Find out how to re-create your favorite coffee at home and meet with a friend at the beach, park, or another place as a non-spending option. 

4. Plan grocery shopping 

When I first moved out on my own, this is one area I overlooked as being pretty mindless and easy to budget. Boy was I wrong! I would buy things I normally loved to eat but then realized I couldn’t eat that much on my own and half the things in my fridge went bad. I didn’t realize the importance of meal prepping so I could have something on hand to eat every day. Once I took these things into account I started planning where to shop to cut expenses in half. How to buy things that are healthy and good but have a long shelf life and can be frozen. Also, not swaying on those “afternoon cravings” when you haven’t eaten yet and you’ve decided to shop for food. 

Conclusion 

Overall, these may seem simple but it’s a daily reminder to think about the things I really need and that I can get the most use out of. It’s the battle of, “Do I want that in this moment because I just want it or is that something that I can’t live without?” I struggle with those impulse buys every day that present themselves in a variety of ways. 

These “quick wins” open the door to looking at other expenses which can have a big impact on your regular monthly expenses. For instance, by belonging to Medi-Share, a health care sharing ministry, I am able to save hundreds of dollars a month on medical expenses. The same is true of reviewing my car insurance and renter’s insurance. Shopping around and finding alternatives that still meet your needs can put your budget on the fast track to meaningful savings. 

Imagine, though, if you were to take that $5 to $50 you accidentally almost spent on that “not so important thing” and set it aside in savings, how much that would change your perspective and create healthy spending habits. I’m not saying don’t ever have those “treat yourself” moments, but now I purposefully set aside a limit as to what that looks like weekly and monthly. We could all benefit from a little extra funds here and there! 

Chloe Viesins is a PR Coordinator at Christian Care Ministry. She’s a graduate of the University of Central Florida in Advertising and Public Relations. Chloe has a passion for music, plays the piano and sings, and is grateful she has the opportunity to incorporate her passions into her work and everyday life. 

Media Contact

Company Name: Christian Care Ministry / Medi-Share
Contact Person: Deborah Ryan
Email: [email protected]
Phone: 407-361-3002
Country: United States
Website: https://www.medishare.com/

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Ben Trygstad, Business Insurance Advisor with Trailstone Insurance Group Interviewed on Influential Entrepreneurs Podcast

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Ben Trygstad, Business Insurance Advisor with Trailstone Insurance Group Interviewed on Influential Entrepreneurs Podcast

Published on January 18, 2022

Ben Trygstad discusses his approach to bringing his business customers options for their insurance. Insurance is an essential part of protecting their employees and livelihood.

Trailstone Insurance Group is an independent insurance agent that represents multiple insurance companies. They are not locked into just one insurance company, which allows them to find the best options for coverage and the best pricing available. There is no charge to use their service; the insurance carriers pay them.   

Listen to the interview on the Business Innovators Radio Network

https://businessinnovatorsradio.com/interview-with-ben-trygstad-business-insurance-advisor-with-trailstone-insurance-group/

Trygstad commented, ” I want to take the heart of a teacher and will always guide you to make the best decisions to protect the business you have spent so many years building!”

Business owners strive to make decisions that are right for their business & employees. This includes decisions about business insurance. They know they need excellent coverage; they don’t, however, have time to become an expert in business insurance. That’s where Trailstone Insurance Group can help with a business owner’s insurance policy.

A Business Owners Policy (BOP) combines property, liability, and business interruption coverage for small to medium-sized businesses. This packaged coverage is generally less expensive than when purchasing coverage separately. With a BOP, they have the ability to customize the policy to meet their individual business needs.

Dave Ramsey has endorsed Trailstone Insurance Group. Trygstad commented, “It took us years to pass Dave’s vetting process. We had to prove to Dave’s team that we have the “Heart of a Teacher” in our selling approach with our clients. This means we put your needs first before ours or the insurance carriers. Insurance agencies cannot purchase Dave’s endorsement, and it must be earned. Also, if our customers are not happy with our service, we will lose “The Dave Ramsey Trusted” endorsement. To make sure we are continually improving, Dave’s team does monthly training with the leadership here at Trailstone Insurance and asks for feedback directly from our customers.”

About Ben Trygstad

Ben specializes in business insurance. Helping clients with their worker’s compensation, general liability, business owner’s policy, commercial auto, E&O, D&O, and much, much more! He was lucky enough to grow up in the construction field, doing everything from daycare maintenance contracts to building a new visitor center for the Colorado Division of Wildlife. This helps me relate with his clients much more as he knows the issues business owners face every single day. Inside business insurance, he has worked with many non-profit insurance and portfolio management.

Learn More: https://trailstoneinsurancegroup.com/ben-trygstad

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California Attorney Cheryl Deptowicz-Diaz Reveals Her Philosophy and Core Values for Standing Up for the Underdog on Influencers Radio

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California Attorney Cheryl Deptowicz-Diaz Reveals Her Philosophy and Core Values for Standing Up for the Underdog on Influencers Radio

Published on January 18, 2022


Award-winning attorney Cheryl Deptowicz-Diaz was the featured guest on Influencers Radio with Jack Mize.

On a recent episode of Influencers Radio with Jack Mize, award-winning, Los Angeles-based attorney Cheryl Deptowicz-Diaz discussed the philosophy and core values behind her compassionate approach to representing the underdog in the areas of family law, immigration, and litigation defense.

Legal problems can be one of the toughest and most confusing times in a person’s life. Whether someone is in the position of defending themselves as the accused or standing up for themselves when they’ve been wronged, the experience can be overwhelming with possible life-changing outcomes.

Cheryl Deptowicz-Diaz is a zealous advocate for the underdog, dedicated to giving voice and the ability to fight hard but fair for what her clients deserve. She prioritizes communication, hard work, and respect for each client so that they always know their options, risks, and plans of action.

During the interview, Cheryl shared the four core values that she uses as the foundation for her law practice, saying, “I spent a lot of time really figuring out who I am as a person and therefore as an attorney, and I was told that I should have core values so that people can really know who I am and what I stand for. And I’m proud to say that I came up with four, and they’re on our website.  I believe in Equality, Partnership with Justice, Peace, and Self Criticism. And for me, these are not just passive items, but really active items, meaning that we have to participate in all of these things. So, in terms of Equality, I believe all people deserve to be recognized and treated as equal. But for us to achieve that equality, we have to see eye to eye fully, completely, and honestly.  And for us to see eye to eye, we have to look at each other. That means we have to spend time with each other. We have to occupy the same space and get that opportunity to hear from one another. In terms of Partnership with Justice, I really believe in my core in the concept that attorneys are officers of the court. And as such, we are partners in the pursuit of justice. Of our 55 founding fathers, 35 were lawyers. And so, as our society developed, the whole idea of lawyering is built-in, it’s in the very fiber of our social fabric. And yes, lawyers have a bad rap, but I personally believe that as partners of justice, we have that duty to lawyer in a noble profession. And because of that, we have the power to transform our society and move it towards true equality. Then I believe in Peace.  And for me, peace is not just something that is guaranteed, but peace is something that we have to fight for.  We have to create it. But peace is not just something that can exist in the theoretical realm, it has to exist in our hearts, in our pocketbooks, in our homes, in our communities. So we have to seek peace, but we also have to create peace and protect peace. And then finally, Self-Criticism.  How can we do all of these things if we are not constantly evaluating ourselves?  I’m a human being and I have my own story, and I have my own experience, but I constantly have to look in the mirror and ask myself to be brave, so that I can change to meet the call of the moment. Whether it’s fighting for my client’s team, or defending them against an attack from some outrageous claims. I can only do that if I’m at my best, but I’m only at my best if I’m constantly evaluating myself.”

As the daughter of Filipino immigrants and an immigrant herself, having arrived in Southern California at the age of eight, Cheryl understands what it means to be a stranger in a strange land. She is also married to a Mexican immigrant and mother to a Mexican-Filipino son. This unique perspective allows her to approach each case with an unmatched level of compassion and empathy for her clients, who are often new to the legal system or intimidated by the complexity and desperately need her help navigating their way through the process.

Listening to this episode, it’s easy to hear the passion Cheryl has for the law and to understand why she believes that lawyering is a noble profession as she continuously and consistently brings more dignity to the profession one case at a time.

To listen to the full episode, visit https://influencersradio.com/cheryl-deptowicz-diaz

To learn more about Cheryl Deptowicz-Diaz, visit https://DiazLawFirm.net

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Interview with Michael Wright, Insurance Agent with Trailstone Insurance Group About Bringing Customers the Best Options for Insurance

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Michael Wright discusses his approach to bringing his customers options for their insurance. Insurance is an essential part of protecting families; Asset and Liability Protection is the surest way to preserve wealth.

Trailstone Insurance Group is an independent insurance agent that represents multiple insurance companies. They are not locked into just one insurance company, which allows them to find the best options for coverage and the best pricing available. There is no charge to use their service; the insurance carriers pay them. 

Listen to the interview on the Business Innovators Radio Network

https://businessinnovatorsradio.com/interview-with-michael-wright-insurance-agent-with-trailstone-insurance-group/

Wright commented, “With a Bachelor’s degree from the University of Colorado Denver where I studied Risk Management and Insurance and an insurance claims handling background, I bring a unique perspective to my clients. I can guide them in making decisions to protect them from mistakes I have seen firsthand from past claims. Having this ability saves my clients money and worry, allowing me to be their Personal Trusted Advisor.”

Having access to over 25 insurance companies means when rates go up with one company, Trailstone has the ability to move their clients’ insurance to a better option…in fact, they have an entire department in their agency focused on just renewals and finding the best coverages!

Dave Ramsey has endorsed Trailstone Insurance Group. Wright commented, “It took us years to pass Dave’s vetting process. We had to prove to Dave’s team that we have the “Heart of a Teach” in our selling approach with our clients. This means we put your needs first before ours or the insurance carriers. Insurance agencies cannot purchase Dave’s endorsement, and it must be earned. Also, if our customers are not happy with our service, we will lose “The Dave Ramsey Trusted” endorsement. To make sure we are continually improving, Dave’s team does monthly training with the leadership here at Trailstone Insurance and asks for feedback directly from our customers.”

About Michael Wright

Michael likes to refer to himself as a Colorado Native, but technically he is not. He was born in the Midwest and relocated to the Denver Metro Area shortly thereafter, where he met his wife, Kelsey. Colorado has a lot to offer, and it was truly a blessing to grow up on the Front Range.

The move to Colorado led to many great life experiences. He obtained his Bachelor’s degree at the University of Colorado Denver, where he studied Risk Management and Insurance. The opportunity in the aging industry is what led him to the decision for his academic studies. From there, he found an opportunity for a Claims Handling position with a national insurance carrier here in Denver. From auto to property to business claims, he is versed in the intricacies of what can be seen as a complex process. He is passionate about helping my clients protect their assets through insurance and helping them navigate any hurdles that may arise.

Learn More: https://www.trailstoneinsurancegroup.com/michael-wright/

Cell: 720-441-0488  

 

Media Contact

Company Name: Marketing Huddle, LLC
Contact Person: Mike Saunders, MBA
Email: [email protected]
Phone: 1-888-467-6374
Country: United States
Website: https://www.AuthorityPositioningCoach.com

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