You may not realize it, but by paying down your debt, you ARE saving! Actively reducing debt means you’re saving on interest, avoiding late fees, and maintaining or increasing your credit score.
One of the most frequently cited reasons people give for not saving is they cannot afford it. There may be ways to adjust priorities to find small ways to save. One way to force yourself to save is by automating your savings. It can give you the incentive you need to get started, and the process can be simple and painless. Here are four simple ideas to get you started.
If you had to choose between setting financial goals, and going to a music festival, you’d probably choose the music. But how would you pay for the entertainment? Goal setting may not be as much fun as a concert, but it helps you to save for and achieve exciting, fun and important things, like retirement or college.
Unless you track your overall spending with every little purchase, debt can ambush you. Fortunately, you can prevent it from piling up; you just need to be aware of the ways in which you spend money.
Do you know where your money is hoing? Unless you’re checking your bank account after every purchase or every day (which is probably not the case for most of us), you may not realize how much you are spending. We can help.
Most of us agree that the health and wellness of our family is our highest priority. Next on most people’s minds is usually their finances. Here are a few financial rules to try and live by – or at least consider – that will help keep you and your family financially healthy.
Living on less is never easy, but with a little planning and a positive attitude, you should be able to weather most financial storms. So, take a deep breath, relax, and review the following tips that you can help make any setback smooth and (almost) painless.
Well, sort of. While restricting spending to the limits of a paycheck is the foundation of sound money management, doing it in practice can be extremely difficult.
When you’re at the cash register, it is almost inevitable that a real or virtual salesperson will make a pitch to sign you up for a store credit card. It is easy to be tempted by the one-time discount offered. But, before you get one, it is a good idea to consider the following factors.
