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…
Buying these “luxuries” costs us over ILS 70K per year (but we buy them anyway)
After listing all of the things we don’t spend money on, we’re following up with the expensive things we DO spend money on, lest you think we’re stingy. 😂 Our Fionist lifestyle isn’t about living as cheaply as possible. It’s about changing our mindset and prioritizing our spending on things that are important to us.…
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…