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.
Turning eighteen is a significant milestone in many people’s lives. While teenagers may have felt grown-up long before the “Big One-Eight,” now they are legally recognized as adults. Adulthood may bring a mixed bag of feelings of freedom and trepidation.
We know ―goal setting itself may not be exciting and fun, but it sure helps you to achieve your dreams and ambitions. From funding a vacation or home improvements, to securing a comfortable retirement or a child’s education, planning for goals is vital.
Most parents have already heard the bad news: a good education, especially college, has never been more expensive. Greater government financial support for higher education is a perennial hope, but not guaranteed. Even public K-12 can be a financial challenge – with a variety of additional expenses not always covered by the school, like materials for special projects, musical instruments, sports equipment and extra-curricular travel expenses to name a few.
As new college graduates, young professionals, and others in their twenties launch their careers, they get bombarded with tempting ways to spend money. For many, handling a more considerable income and “adult” expenses like rent, utilities, and insurance, is a new experience. Now more than ever, money management will be a skill needed to meet future saving and investing goals.
