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 […]
Numerous everyday decisions can have a deep impact on your household’s finances. You could be quite surprised how much influence your day-to-day choices have over your current debt, potential future earnings, and retirement. Financially sound households tend to consider the short and long-term potential impact of all financial decisions, including those that have nothing to […]
Death and taxes are the only two constants in life. April 15 is therefore a dreadful day for most people. This ominous date on the calendar doesn’t have to be ominous or overwhelming. You can reduce stress and improve your financial future simply by getting a jump on your tax preparation early. Here are some […]
Saving money and eliminating debt is the topic du jour in personal finance. These days everyone is looking for ways to do either or both of these things. It takes a lot of hard work, but it is possible to take control of your existing debt and learn to live life within your means from […]
Most money “survival guides” tell you the exact same thing: spend less money than you make. This sounds so obvious that it’s almost ridiculous to say it at all, but think about how many people spend themselves into debt well beyond the income they actually make. Even people who earn high incomes often carry huge […]
First time homebuyers are often seen as frivolous or naive and basing their decisions on pure emotion rather than logic and financial calculation. This cliché does not need apply to you. By doing a little research and talking with the pros, you’ll be able to avoid overlooking sneaky expenses before and after your purchase. If […]
There are just as many ways to save money as there are to spend it. Small changes can be made in your daily activities at home to help save money and reduce your living expenses. Some of the most effective changes that are often overlooked: 1. Reduce, reuse, and recycle Have you ever considered recycling […]
Whether experiencing good times or bad, it is always a good time to make and stick to a monthly or at least yearly budget. Many people cringe at the thought because they believe it to mean that you can’t have any fun or spend any money at all. This is so far from the […]
Whether due to an accident or long term wear and tear, you’ll eventually need to repair and maintain your car. Needing to replace worn out or damaged parts, replacing the tires or getting new brakes are common repairs, but very expensive ones if you’re not prepared. Do not wait too long to act if repairs […]
Running a busy household can be expensive. Many people end up with less money than there are days in each month. Unless you budget carefully, having many different expenses can lead to costs getting out of control. Without control over your household expenses, you will never be able to add to your savings account each […]
Financially Fit Formula