There’s lots of talk in the world of personal finance about how to best manage a savings account, but what about our checking accounts?
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Should Kids Help Fund Their College Savings?
Financial experts do tend to agree on the benefits of teaching kids to save their money. If parents start when their children are young, they benefit from learning good saving habits.
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How To Talk About Budgeting With Your Kids
She pointed at the longer
column. “This is the amount of money we need to spend on certain expenses each
month.”
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.
7 Money Myths You Need To Stop Believing Now!
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.
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Do I Need An Emergency Fund And A Rainy Day Fund?
Say your washing machine decides to suddenly quit on you and needs replacing. You’re now looking at an extra expense that can run anywhere from $350-$850 (or more). Where are you going to get that kind of money in a pinch?
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Don’t Get Caught Up In A Crowdfunding Scam!
Today, if you need boatloads of money – whether it’s to help you cover an expensive emergency or to fund a new business idea – you only need to appeal to the vast audience of the internet and wait for the money to start rolling in.
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Can Living Frugally Make You Happier Than When Living Lavishly?
Many people overspend and rack up thousands of dollars in credit card debt to live a lifestyle they believe will make them happy, only to discover they are living beyond their means. This, in turn, adds stress and worry … causing unhappiness.
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Is Life Really Getting More Expensive?!
Even after adjusting for inflation, today’s dollar buys much less than it did 50 or 25 years ago. For example, a gallon of gas in 1994 cost just $1.06. In late 2018, the average price for a gallon of gas was $2.88, a full 75% higher than it would be if only adjusted for inflation.
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