Tag Archives: Money Management

7 Last Minute Things to Get Done Before The Start of Summer

I love the summer and getting extra time off, but there always seems to be something that gets overlooked. We all know Summer is coming but we allow procrastination to get the better of us. While not bad, per se, it can hinder us in the long run. The Summer time is when your expenses can skyrocket out of nowhere. Vacations, BBQs,…

Are You Dreading Your Credit Card Statements This Month?

It’s hard to believe, but the holiday season is over. A new year has started that’s full of opportunity. Whether you call them goals or New Year’s Resolutions, it’s exciting to consider the potential for 2016. There’s one small problem. You had a great Christmas, but it was funded largely on credit cards, thus the problem – the rolling in…

How to Break the Paycheck-to-Paycheck Cycle

We often think of people living paycheck-to-paycheck as those who earn a lower income or struggle with debt. It makes sense as living paycheck-to-paycheck results in little to no money left in the bank at the end of each month. Surprisingly, the former issue isn’t always the case. A recent survey conducted by CNBC reports that 25 percent of those…

4 Ways Frugality Is A Fool’s Errand

I discovered the wonders of frugality when I was paying off debt. In my previous life, I spent money on any whim that surfaced. Whether it was large or small, I made the purchase with little thought to how I could pay for it. After a few years, my spend crazy ways forced frugality into my life. All of a…

When Do You Cut The Cord on Your Adult Children?

As a parent of three young children, I want to do all I can to provide for them. That’s as simple as providing food and shelter to more long-lasting needs. In every case, we want to do all we can for our kids, which includes sacrificing our own needs or wants as parents. There comes a point, however, when you…

Just Got A Big Raise? Here’s How to Handle Your Extra Money

Getting a big raise can be both exciting and overwhelming. I remember my first significant pay increase. I switched jobs and instantly got a raise of somewhere between 25-30 percent. That may not be a lot to some, though to me it blew open various opportunities. Then the questions came – all primarily around how I should handle the extra…

4 Overlooked Ways to Pay Off Debt [Especially #3]

I know what it’s like to pay off debt. It requires discipline. It requires making sacrifices. It requires creativity. It also requires hopefulness. That’s why a recent survey showing that 18 percent of individuals expect to die in debt caught my attention. It reminded me of the importance of hope in achieving any goal, but especially in paying off debt….

Need Money for Home Repairs? Here’s What to Do

Owning a home is expensive. I know that’s not terribly earth-shattering, but it’s true. There always seems to be something in need of fixing or an upgrade. It’s one of the reasons why I believe many shouldn’t buy a house, rather rent until they’re more financially stable. Most estimate you need to budget at least 1-4% of the value of…

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….