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Budgeting

Expecting a baby? Follow these 9 financial steps for a smooth start.

B’sha’a tova! You’re expecting! Or hope and pray to be expecting sometime soon. While you dream about what your future baby will be like and plan for the kind of life you will give him or her, it is important to think about how to finance these dreams. Fortunately, we’ve got you covered. We wish…

7 Fionist steps for living a happy & financially healthy life

Just like cooking, doing laundry, or communicating effectively with others, managing money is an integral life skill. Learning how money works and mastering your own financial situation can and will enable you to live your best life. While money can’t buy happiness, it can put a roof over your head, put food on your table,…

Even Fionists make mistakes. Here are five we regret.

Pssst. Guess what? Everyone makes mistakes. Even us. We are not perfect. Just like anyone else, we make mistakes often – and learn from them. Sometimes we don’t communicate properly. At times, we regret the way we handled a parenting situation. And just like anyone else, even we have made financial mistakes. We like to…

Our kids love this DIY money game – as do we. Here’s how to play.

Remember COVID? Of course you do. Around this time four years ago, we were locked down at home with a stir-crazy and very creative three-year-old who really wanted to get out and go shopping. She informed us that she was heading to the store, pushed a laundry basket to our kitchen pantry, and started filling…

7 common behaviors to quit today to leave you with more money tomorrow

Photo by Nataliya Vaitkevich Sometimes a little bit goes a long way. While this is often true for joyful things like compliments, makeup, or food coloring, it is also true for spending. And while an individual purchase might not cost that much, repeated purchases add up quickly. While not every item on this list might…

Stop making these 8 financial mistakes

We all make mistakes. It’s part of life. But sometimes we don’t consider the extent of their consequences or how big a deal they can become in the long term. If you realize that you’ve made a mistake, no need to feel bad about it. Recognizing your error or bad habit is the first -…

Why charitable giving is part of our monthly budget

We talk a lot in this blog about being intentional with our money: saving money on things we care less about and spending on things we do. This enables us to live comfortably within our means and allows us to invest our way to our goal of financial independence and retiring early. When trying to…

How we talk to our kids about money

As much as we may realize it or not, a lot of our adult behavior mirrors what we saw our parents doing when we were kids. This is even more the case surrounding taboo topics when we may not have had other opportunities to see others modeling healthy behavior or to learn about it in…

Never ending paperwork

Most of us hate to deal with paperwork. This includes all of the documents we get from different companies, employers, service providers both digitally, and even worse, by snail mail. It’s easy just to throw it into a closet, a folder, a box, delete or ignore in your email and never look at it again,…

Your bank is not your friend

Banks around the world all have one thing in common. Their main goal is to make money off you in any way they can. Israeli banks are no different. They are going to charge you an arm and a leg unless YOU put a stop to it. Did you know that Israeli banks charge you…

Your financial life boat

In March 2020, COVID hit us by storm and the world locked down. Families across Israel  – including ours – and the world had one or both wage-earners furloughed or laid off. While the Israeli government paid extended unemployment benefits, no one knew how long they would last or what the future would be.  This…

Our very own Fionist expense tracker

In our last post, we discussed why budgeting is important. In this post, we’ll talk about how. There are many budget tracking methods out there. All have their pros and cons. Many people swear by apps such as RiseUp (Israeli) or YNAB (American). If this works for you, go for it. For the nerds among…

What do you and Amazon have in common?

The need to budget. Before we dive into how to build a budget, let’s talk about why everyone needs one. How many times have you heard about young pro athletes filing for bankruptcy as soon as their career ends and their extravagant salary dries up? Or people who win the lottery only to be back…