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 […]
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 […]
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 […]
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 […]
It’s easy to throw out your budget and get entirely carried away shopping during the holiday season! The excitement and urge to give makes carefree spending seems like the only way to go. As fun as the holiday season can be, it’s very important to keep a close eye on your keeping to regular budget […]
The holidays are supposed to be the happiest time of year for you and your family. At times the stress leading up to and during the holidays can make it feel like exactly the opposite. Thankfully, there are many ways to survive the economic crunch of the holiday season while still enjoying yourself. With careful […]
In personal finance circles, a debate rages on and on over whether buying in bulk is wasteful or extra efficient. The truth is that only your household can decide which applies to you. Contrary to popular belief, there is no right or wrong way to buy in bulk. We look forward to covering each of […]
Without proper budgeting, clothing costs can quickly become one of the largest household expenses for a family of any size. On an individual basis, any one clothing item can seem like an insignificant cost, but over time multiple purchases can add up substantially. Instead of curbing new clothes purchases altogether, learn to save money on […]
Every year when it comes time to get the kids ready for school, moms can feel the burden of stress on their pocketbooks. Shopping for school supplies and new clothes can be enjoyable, but it’s also a strain on household finances for those who don’t plan appropriately. Check out these tips for keeping back to […]
Total household debt in the United States is over $2 trillion. What’s shocking is that dollar amount does not include mortgage balances owed on our homes. Carrying a balance of consumer debt has become the norm in the United States. If you’re seeing the negative effects of carrying too much debt starting to impact your […]
Financially Fit Formula