Catholic Financial Life Blog

Tips on How to Save Money This Holiday Season

Posted by Catholic Financial Life

Nov 30, 2017 12:25:29 PM

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Christmas is quickly approaching! From gift giving to party throwing to traveling, the holidays can get expensive. Here are some tips to help make the most of your time and money this holiday season!

Make a list and check it twice – I’m sure many of us have gone grocery shopping without a list and felt the desire to buy all the snacks you see around you. Christmas shopping without a list can be a similar experience. Make a list of all the gifts you need to buy and do your best to stick to it.

Decide on a budget – Set a spending limit per person or draw names so your family and friends buy for one person. Include everything from wrapping paper to postage to mail your Christmas cards in this budget to make sure you’re realistic about the amount of money you need to spend.

Start early – Don’t procrastinate and wait until Christmas Eve to start buying your gifts. Keep your eyes open all year round for items your family and friends would enjoy.

Track your spending – It’s easy to get lost in the hustle and bustle of the holidays if you don’t track your spending. Check out some of the free apps available to help track and budget your spending.

Cut back on extras – We all spend a little more than we should during the holidays but we have to make sure we don’t get carried away. Consider going out to eat less this next month or buying one less thing for yourself to save some money to put towards your gifts.

Christmas is not the only time of year you should be making a budget and tracking your spending. Consider making a budget using one of our financial calculators - https://www.catholicfinanciallife.org/FinancialPlanning/financialcalculators/Financial-Tools-and-Calculators1.htm

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Topics: Catholic Financial Life, Gift

A Mother's Day Gift to Show How Much You Care

Posted by Catholic Financial Life

May 7, 2015 4:34:00 PM

Mother's Day Peace of MindMother’s Day is that special day when we celebrate the important women in our lives, and thank them for their selfless love and unconditional support. Being a mother isn’t glamorous and we often forget that it’s a 24/7 job, 365 days a year. A mother is expected to be there, no matter what happens, because her family is counting on her love beyond circumstances.

But what if something happens and she’s left to pick up the pieces? It’s true, mothers are undercover superheroes; but there’s only so much a mother can do when faced with the heavy financial burden of losing a spouse.

Life Insurance, a Gift of Love

Mother's Day is an important reminder to review your financial protection. Life insurance is a gift of love for your family -- taking care of them if tragedy strikes.

The foundation of a strong financial plan is life insurance. Does your family have enough coverage to take care of mom and the kids, if something happens to dad? 

And what about Mom?  Losing her would be emotionally devastating to be sure; however, the financial loss would only add more distress to a family at an already difficult time. Most moms try to juggle a career while managing a family. So making sure that mom has a enough life insurance to cover her lost income is essential. 

And it's just as important for stay-at-home moms to be insured, a fact that some families overlook. Just think of the economic impact she makes for a family. Being a stay-at-home mom is a full-time job! Among her responsibilities might be serving as the "home manager," childcare provider, chef, tutor, shuttle driver, and much more. Those services would all come at an cost, if she were gone. 

A Gift of Peace of Mind

We love our Moms more than anything in this world, and they deserve the best. And because of the great love of a mother for her family, there is no better gift than the peace of mind provided by life insurance.

Perfume, flowers, jewelry are all great gifts, but this Mother’s Day celebrate her with a special gift, one that truly comes from the heart and gives her peace of mind --not only this year, now but for many years to come. Life insurance: an important and lasting way to show your love. 

Not sure how much life insurance you need? 

Try our Life Insurance Calculator

 

 

 


Catholic Financial Life has been providing financial security through life insurance and annuities to Catholics and their families for almost 150 years. Our team of professional advisors will work with you to make sure you have the appropriate type and amount of coverage for your needs and your budget. Life insurance is more afforable than you think. Get started today.
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Topics: Family, Mother's Day, Gift, Life Insurance, Financial Security