In order to create financial stability for yourself, the first step is to get serious about how you manage your money. While we all keep up with our take-home pay, knowing what’s going out is just as important as knowing what’s coming in.

We often budget for our necessities: rent/mortgage payment, utilities, and savings. But what about other important expenses?… the ones that are often a second thought? We’re listing 3 that should not be ignored!

insurance coverage

The only insurance most of us make a priority is health insurance and vehicle insurance. But what about additional coverage like life insurance, long-term disability, and home owners or renters insurance for your most expensive investment? Make sure that you carefully consider the coverage(s) that make sense for your life.

For example, if you’re planning on getting pregnant, enrolling in your employer’s sponsored short-term and long-term disability coverage, may help make sure you have income during any unpaid maternity leave.

tip: Get the most for your money! Use comparison sites like or to compare different policies and premiums.

get your finances together - Tiffany Nicole Forever Blog

debt repayment

If you’re like most women, you probably budget for your minimum credit card payments. But what about budgeting for aggressive debt repayment? Whether that means paying more towards the principle each month or eliminating balances all together, if it’s not a line item in our budget, chances are it’s not going to happen.

tip: Even if you need to start small, start budgeting to pay more towards your debts. Consider doubling your minimum payment or making a second payment each month, to tackle interest and pay down your balance faster.

4 steps to getting your expenses together - Tiffany Nicole Forever Blog


Do you set aside money each month just to enjoy life? If you’re not budgeting for it, you may be spending way more than you think. Decide how much of your hard earned money you want to spend on things like shopping, personal care, home décor, night-outs, and travel. Then make ‘lifestyle fund’ a line item in your monthly budget.

You don’t have to use it all each month. The goal is to not spend more than you’ve allocated but to still be able to do the fun things that you desire and enjoy life! If you budget $400 towards your lifestyle fund and only spend $220 that month, use the unused portion to pay down debt, invest in a few stocks, or stash away a little extra cash towards your next vacation.

2 hidden costs of being a woman that may be killing your budget - Tiffany Nicole Forever Blog