Submitted by Neil Vannoy on Fri, 12/06/2013 - 12:00pm
This time of year brings you enough stress without overspending on gifts and ending up in debt. Here’s how to avoid giving until it really hurts.
The money spent on the holidays staggers the imagination of even the most rabid gift-giver. This year on the four-day Black Weekend (formerly confined to just Black Friday), American shoppers dropped an estimated $22.2 billion. Cyber Monday, the biggest day of the year for e-commerce in the U.S., saw record sales of almost $1.74 billion.
Submitted by Sophia Bera on Tue, 11/26/2013 - 12:00pm
If you recently graduated from college and look to build financial security quickly, you probably enjoy one advantage: You already live an inexpensive lifestyle from your student days. Here are tips to move toward the future.
First, keep living like a student while you build a solid financial foundation. By living below your means and not inflating your lifestyle as your salary grows, you reach your financial goals much faster. Keep your fixed costs as low as possible to save for what matters most.
Submitted by Neil Vannoy on Wed, 11/20/2013 - 12:00pm
Smart consumers always try to stretch dollars. Follow these tips to help you save money, spend less and improve your finances.
Deal with your debt. To start saving money, deal with money you already spent. Overspending often leads to credit card balances, expensive personal loans and other high-interest debt. Unless you develop a plan to pay off these debts – and stick to that plan over time – odds of paying off your debt are bad.
Submitted by Joseph A. Clark on Fri, 11/15/2013 - 9:00am
People budgeting for retirement are in for a shock. What they will need is often more than they think. Higher-than-expected inflation and psychological barriers to cutting spending are the main culprits.
Submitted by Tom Orecchio on Tue, 11/12/2013 - 12:00pm
An emergency fund acts as a safety net, protecting you and your family from unforeseen circumstances where you need cash immediately. But you must be smart when you set it up, and know how to use it and for what purposes.
Emergencies are things we don’t want to even think about. But guess what? They do happen. Life can be full of unexpected obstacles. Having cash at hand will help you by providing you with more options and preventing you from taking on debt at the worst time possible.
Submitted by Lea Ann Knight on Fri, 10/25/2013 - 12:00pm
Fall brings Halloween and before you know it the gift-buying craziness of the holidays. They drive investments, cash flow and credit card bills right from your mind. This time of year, before the rush, is a perfect time to refine your annual budget, and here’s why.
Budgeting problems are twofold:
· You use a budget template that doesn't reflect your lifestyle or how you look at money, or
· You once prepared a budget, locked it in a drawer or a Quicken file and never looked at, updated or revised again.
Submitted by Mary Beth Storjohann on Tue, 10/22/2013 - 12:00pm
Starting a family brings joy, stress, excitement and discussions over where to put the bassinet in your house. It brings questions about getting your financial house in order, too. Here’s a financial to-do list before the little bundle arrives.
As expecting parents you face a long list of stuff to buy. Along with the wipies and the pretty mobiles, remember to plan your spending, estate and insurance coverage for your new family.