She pointed at the longer
column. “This is the amount of money we need to spend on certain expenses each
Then, she pointed at the
shorter column. “And this is the money we have to work with each month.”
“But how do you figure out how
much money you need for everything?” David asked.
We all grow up hearing the same financial advice: Spend less, save more and invest early. While most of these words of wisdom ring true, there are lots of widespread money management tips that are actually false.
Cash is so overrated. Why fumble through wads of crumpled bills and piles of change when you can easily pay back the $6.75 you borrowed from your friend simply by using your phone? Peer-to-peer (P2P) payment systems are changing the way we handle our money and our social finances forever. Eating out and splitting the tab is…
Since 1971, Memorial Day has been celebrated as an extended weekend away from work–and the unofficial start of summer. More recently, Memorial Day has also turned into a second Black Friday for retailers, each offering loads of sale events in stores and online, and each promising to save you heaps of money.
In the age of plastic spending and mobile payments, it’s easier than ever to buy stuff you can’t pay for right away while supporting a lifestyle you can’t really afford. Let’s take a look at seven red flags that might mean you’re living beyond your means and the steps you can take to get back on track.