What you believe about money drives your financial behavior. Finding out your beliefs is a key step to solving various problems, such as money conflicts in relationships.
Money issues often cause stress and arguments in relationships. If you and your partner disagree about how to handle money, here are tips on how to adjust to each other’s financial language and come up with one you share.
Paul Sullivan had a rough early life: a threadbare home, divorced parents, a lousy school and few prospects. Today, he is a highly regarded personal finance columnist for the New York Times, has a nice salary and lives in a wealthy suburb. How did that happen? Pluck and luck, yes, but also insights from savvy onlookers.
Saving money often comes down to not overspending, and not overspending often comes down to keeping good records and knowing exactly where your money goes. That’s where nothing beats simple sorting and the will to stick to a spending regimen.
Saving is not a goal in itself. To sock away money successfully, you must clearly know what you want to do with the nest egg.
Weddings are a cornerstone of American culture. As with many cornerstones, the cost continues to rise. So does the price of not finding out beforehand how your betrothed feels about money.
Kids start to gaze out classroom windows, the grass turns green again and the temperature slowly rises. If you and your family are like most, you now plan summer vacations. Beware of daydreams of fun in the sun: If you aren’t careful, vacation expenses can put a large dent in your wallet and potentially wreck your full year’s budget.
Living paycheck to paycheck causes obvious stress. Even worse, it puts you at risk for financial disaster when an unexpected expense or loss of income drives you to credit cards and mushrooming debt. Here’s how to escape this vicious merry-go-round.
You saved your entire life for the day you can retire. You brought up your children and you hope that they enjoy productive lives. Unfortunately, one of your children never seems to grow up: dropped out of school, continually got into trouble. You feel you must keep helping this kid – but can you afford to?
We all hear horror stories of credit cards’ risks, often about people who build up mountains of debt that take a lifetime to pay off. When used responsibly, though, credit cards can be some of your best friends in securing your long-term financial success. Here are a few do’s and don’ts.