Personal Finance Tips

Personal Finance Tips from the ReadyForZero blog. Stay up-to-date on the latest posts by signing up for our mailing list. If you are interested in getting more budgeting tips, please make sure to check one of the appropriate groups to receive posts on that topic!

3 Financial Mistakes We Made As New Parents

Being a new parent provides a lot of excitement. You are filled with hope for the new little one and want to provide the kind of life they’ll need to succeed as an adult. We often hear that it takes at least $250,000 to raise a child, I don’t believe that’s the case. Rather, it can be done more reasonably….

How to Find the Best Low Interest Credit Cards

Before you search for the best low interest credit cards, you need to know what low interest really is. The current average credit card interest rate is just under 15 percent. Low interest credit cards are just under 12 percent. In reality, rates are generally anywhere from 5-20%, if not more. Also important is to realize there are different reasons…

3 Steps for Getting Financially Organized

With summer slowly coming to a close and the second half of the year well underway, it’s the perfect time to revisit all of the things that have been overlooked since the New Year’s resolution bug hit at the beginning of the year. Case in point: wrangling your finances into shape and really getting organized. Searching for lost receipts and…

Your Short Term Thinking of Personal Finance is Hurting You

For nearly three years, I worked at a pension fund that managed and protected the retirement funds for half a million teachers, state patrol officers, snow plow drivers and other public workers. If you pay attention to the retirement industry, you know how polarizing these public pensions can be. However, regardless of where you land on the political spectrum, there…

Marriage and Finance: What Couples Need To Know

One of the biggest factors that lead to divorce is related to financial problems. I can name several marriages in my own intermediate family that have ended in divorce due to financial issues myself. When it comes to marriage, financial transparency is crucial. They say that fights related to finances are the best predictor of divorce; marriages where couples disagree…

4 Times Saving Money Can Actually Cost You

When funds are limited, spending decisions are the result of a simple dollar-to-dollar comparison – what will result in a lower overall cost right now? If two items are on priced exactly the same, then this works in the consumer’s favor. But sometimes being a smart consumer means spending more money today to receive more value in the long run, or…

Three Times an Emergency Fund Saved Our Finances

Financial experts often tout the importance of an emergency fund. Many experts recommend that a true emergency fund should hold between six and nine months’ worth of living expenses in case of job loss. And even Dave Ramsey—the founder of Financial Peace University which encourages American couples everywhere to become “gazelle intense” when paying off debt—believes everyone should have at…

How to Find the Best Cash Back Credit Cards

Would you like to get money back for your normal spending? It may sound impossible, but it isn’t. Some of the best cash back credit cards allow you to earn up to five percent, if not more, cash back on your spending. I tend to prefer travel rewards cards as they help us travel for next to nothing though cash…

5 Must Have Habits That Will Pave the Way Towards Financial Success

If you’ve ever tried to start a workout routine, you’re familiar with the inner struggle that occurs when you’re looking back and forth between your tennis shoes and the couch. You start to wonder how much one little workout really matters in the long run. It isn’t until exercising becomes a habit that you are able to silence the persistent…

How to Find the Best Travel Credit Cards

I have a confession to make – I love to travel. I always have. After going to Europe when I was nine years old, I was instantly hooked. Thankfully, I married someone who shares my fondness for travel. There’s a slight problem, though, traveling with a family of five can get quite expensive. According to American Express, the average cost…