Many modern households live on two income streams. However, there are just as many situations where it makes little sense for both parents to stay in the workforce. The main impetus for this is when daycare costs match or exceed the salary of either parent. There are ways to ease the financial burden if you’d […]
By Andrew from LendEDU – a consumer education website and financial product marketplace. Andrew has learned quite a bit about personal finance while writing and working for a consumer-oriented small business over the past several years. U.S. consumer debt is at an all-time high, with the average American holding 3.7 cards, according to a recent […]
Frugality isn’t taught in schools, but it is a lesson that’s necessary in order to live a financially stable life. It doesn’t take long to end up learning the hard way when your checking account balance comes up short and a pile of bills are due. In today’s economy, it’s more important than ever to […]
Your credit score is more important than ever today. Employers, landlords, and college admissions offices will look at them as part of their screening process. Many employers will look at them before hiring a new employee. On top of that, of course, banks will base most of their credit decisions and loan approvals heavily on […]
It can be tempting to let tidiness and organization go out the window when you first grow up and move out of the house. The truth is, being messy can end up costing you a great deal of money. A cluttered world leads to a cluttered mind and messy decision making, especially financially. Being organized […]
When pinching every penny possible, you will need to get creative about saving money. One easy area of your budget to consider a reduction of spending is in giving gifts. It can be quite challenging to think about how to give to those you love without spending, yet it’s quite possible to provide very cherished […]
No matter how well or how bad the economy is doing, there is always a distinct possibility of losing your job. If you find yourself in this situation, the first place to go is to your state unemployment agency. These days you can even apply for benefits online. Many states now offer programs to extend […]
Crafting a household budget is never easy, but it can be especially difficult when you don’t have enough income to pay even your most basic bills. It might be because you’re between jobs or currently have a job that doesn’t pay well enough to address all of your expenses. Either way, it’s especially important to […]
Personal finance fads come and go almost weekly these days, but some timeless pearls of financial wisdom will always ring true. Money has taken various forms over the centuries. It stands to reason that certain truths have been discovered along the way that tell people how to make the most of their monetary assets. Here […]
Credit cards can be a great financial tool, or a fast path to financial destruction. Credit cards make it easy to buy almost anything, but always at a much higher cost over the long term. They’re also a fantastic tool to improve your credit history as long as any carried balances stay low and ideally […]
Financially Fit Formula