Personal Spending

Subscribe to Personal Spending RSS

How to Be Financially Healthy

Submitted by Larry Light on Tuesday, May 12, 2015 - 9:00am

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.

Budgeting for Vacation

Submitted by Joseph A. Clark on Monday, May 11, 2015 - 3:00pm

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.

Ending a Bad Money Cycle

Submitted by Mary Beth Storjohann on Tuesday, May 26, 2015 - 3:00pm

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.

Risk of Helping Grown Kids

Submitted by Josh Patrick on Friday, May 22, 2015 - 12:00pm

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?

Credit Card Do’s and Don’ts

Submitted by Blake Faust on Friday, May 22, 2015 - 3:00pm

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.

Your Credit Report: Vital

Submitted by Kay Allen on Wednesday, May 20, 2015 - 3:00pm

Your credit report greatly influences whether you get a mortgage or other loan, take out insurance, rent a home or even secure a job. Few other numbers help or hurt your life so deeply. Here’s how to find and improve this key tool in your financial life.

2 Card Payment Strategies

Submitted by Mary Beth Storjohann on Wednesday, May 13, 2015 - 3:00pm

Getting deep into credit card debt is too easy. There are many ways to get out of debt, and none of them is easy. The two most effective methods are the debt snowball and the debt avalanche. Let’s take a look at the pros and cons of these strategies to decide which works best for you.

Our Bogus Jobless Rate

Submitted by Brenda Wenning on Friday, April 17, 2015 - 9:00am

Anemic job gains in March aren’t the workforce’s biggest problem. The official unemployment rate is a sham. To get a more accurate picture of our nation’s torpid job situation, look at a more telling statistic: the still-lofty unemployment level using a broader measure of the labor force than the standard one.

Pages