PERSONAL FINANCE STRATEGIES FOR
Surviving and Thriving THROUGH THE HOLIDAYS & ALL YEAR LONG
WITH THE
PowHERhouse TEAM
With extra end of year stress, lots of festivities, responsibilities, and expectations, the holidays may leave you curled in a ball of anxiety or clutching your wallet worried about how you’re going to pay for the fun. Holidays need not be so stressful, though. With strategic thought and consideration of your goals and responsibilities, anyone can develop a spending plan that works for them and helps avoid the stress of the holidays (or any time of year for that matter, as life tends to throw curveballs at us without calendar considerations). Nicholle Overkamp and Sarah Blankenship bring years of personal finance industry experience to PowHERhouse Money Coaching in Amherst. The PowHERhouse team helps ambitious women own their futures and build businesses they love. Nicholle and Sarah first encourage you to create a spend plan, recording all your expenses, from bank accounts and credit cards, income sources, and all bills, big and small. Whether you choose to monitor this spend plan quite regularly or only now and then, Sarah explains, you can focus on where everything goes. Immediately, if you see a lot of money regularly going toward something not 40 THEHOMEPUBLICATIONS.COM | Buffalo
benefitting your goals, you can make intentional choices. Sarah says, it’s like you give every dollar you have a job. If it’s not serving a purpose toward your goals, then it’s not necessary or beneficial, and it can be removed from your spend plan. When you’re intentional with your spending, you pay toward necessities and when you spend on extras, you don’t feel guilty. PowHERhouse’s philosophy in growing wealth is your mindset and self-worth. “It’s about setting boundaries, having discipline, and knowing you’re worth every dollar you invest in yourself, your future, and your life. If you spend too much on things that don’t serve your future,” Sarah says, “your goals will suffer.” Sarah’s best piece of advice in personal finance is to ask for help when you need it. She encourages us all to educate ourselves about personal finance, but if you need a hand, reach out to the professionals who know the ins and outs. BY SUZIE WELLS
