Did you know that the average adult in the U.S. carries $5,596 in consumer debt? That fact alone might account for credit cards’ bad rap. Your careless use of credit can wreak havoc on your finances in a variety of ways.
When you get home from a long day’s work, do you open the door to a pile of laundry you meant to fold and put away two days ago? When you get dressed in the morning, do you face overstuffed drawers and a messy closet, and still think you have nothing to wear? Do you constantly buy things, yet the effort makes no difference in how you feel? Time to take a hard look at where your time and money go.
You share life and all your love with your spouse or partner, but is one of you detached from money matters? Here’s why and how to find more balance in your financial decision-making.
Every time you write a check or whip out your plastic, what do you really get for your money? What’s the true value of the money you spend on items as diverse as stocks and air conditioners? Here’s how to spot and appreciate the difference in value.
How would you like to retire early? Maybe 62 is a good age or maybe you’d like to retire at 60 or even 55.
Trouble talking money with your honey? Do you just defer to your partner? Money remains a major reason couples split, and here’s how you can douse the arguments before they ignite.
We are living with a schizophrenic economy, in which rational thinking lies in ruins. We keep hearing optimistic assessments of economic rejuvenation, when a lot of evidence suggests otherwise.
When you start formalizing what to do with your money, what should you think about first? Determining what will matter most to you at different stages of your life is crucial to developing a financial plan. Not everyone has the same opinion or values: One person’s forgettable toy is another’s indispensable treasure.
If you’re like many young adults, having children is one of the biggest life-altering choices you’ll ever make. Joy, stress, excitement, exhaustion, hundreds of books on how to not screw up and thousands of bucks to prepare your little one: Your plate is now loaded. Here are some considerations to make sure you’re prepared – at least in terms of money.
In a perfect world, parents and educators (not to mention society) work hard to make sure that children are financially literate and consider money skills just as important as reading, writing and arithmetic. Our world sure doesn’t work like that, and you need to help your young kids learn basic financial skills the old-fashioned way: Teach by doing.