Have you ever reached the end of the month and wondered where all your money went? Sure it’s easy to keep track of the big items like your mortgage, car payments or insurance. But it’s the little stuff that slowly drains your bank account. Just like a slow leak in a tire, you may not notice until it’s too late. read more »
One important part of budgeting is cutting personal spending. A lot of personal spending is done on impulse and without much planning at all. If left unchecked impulse purchases can get out of hand before you even know what happened.
We’ve all been there. We’ve all overspent at one time or another and gotten ourselves into a financial mess that we can’t seem to fix. When this happens, it causes stress – major stress. It’s no secret that stress can cause problems; problems like high blood pressure, heart attack, and marital and family problems. read more »
by: Yana Berlin
A frequent topic of discussion among baby boomers is whether to save for retirement or pay for their kids’ college education.
You worked hard to raise your kids. You made sure that they had the right clothes, the cool shoes, and all the other “chachkas” they needed to fit in. You hope you did all the right things. Now, as your kids prepare to head off to college, you find yourself looking at anywhere from $20,000 to $45,000 a year (per kid) for tuition, room and board. Do you cash out your 401K to pay for their college? Or do you ask them to take out a loan? read more »
by: Colleen Langenfeld
A grocery shopping list can be the front line tool you use in saving money on your grocery budget each month.
There are several more sophisticated ways to save grocery money, but none is easier or faster to implement than the lowly grocery shopping list. read more »
By Stuart Laing
It’s always a good idea to use a budget to keep track of your personal finances, but it’s vital when you’re up to your neck in debt!
The basic idea is simple. A budget just compares the income you have each week or each month with the things that you have to purchase. read more »
by Alix Montoya
If you’re thinking of great ideas to spend time with your children, why don’t you teach them how to better appreciate money. With the crisis going on around us, there is no better time to show our young ones how to become better consumers and so we don’t necessarily lose financially when it comes to our everyday purchases. read more »
For most households the monthly budget works something like this; every month money comes in and every month all the money goes out. Is this how it works around your house? Do you know where all your money goes? Unless you have control of where your money goes and how it works for you your future financial well being is on shaky ground. read more »
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