The 2014 Financial Literacy Survey, conducted by the Harris Poll, indicates that 61% of Americans don’t use a budget! Are you one of these 61%? If so, you’ll be glad to discover that it’s fairly easy to create a budget that will help you gain control of your finances! Creating an effective budget has a […]
Emergency funds are essential for financial health because they safeguard you against an uncertain financial future. Even if you’re currently having financial troubles, you can still take positive steps toward creating a rainy day or emergency fund for your family. An emergency fund will prevent a financial crisis from putting you into deep debt and […]
Most financial challenges aren’t solely due to unfortunate events. They usually have a foundation of poor financial habits. With effective habits, most financial challenges can be handled. With improper financial habits, even a modest unexpected expense can be devastating. While there are many negative financial habits one could be guilty of committing, there are a […]
Excessive debt is the biggest worry of most people. Financial issues are one of the leading contributors to divorce and suicide. We are provided with many opportunities to increase our debt, but getting out of debt can be especially challenging. Think about all the credit card offers and financing opportunities you’re faced with every day. […]
Credit cards can be a great financial tool, when used properly. They can also create a lot of havoc when used improperly. Credit cards make it easy, but potentially expensive, to buy nearly anything. They’re also a great way to improve your credit, as long as the balances stay low. Learn how to use them […]
Saving money can be painless. It can even be a little fun with the right approach. It’s possible to save a ton of money with some minor adjustments in your spending habits. The trick is to save your savings. If you spend the money you save, you’re not gaining any ground. Find at least 10 […]
While your credit card company might like to pretend they have your best interests at heart, it turns out that’s not always the case. Credit card companies, like most other businesses, have ‘loopholes’ in place to drain every cent they can from you. Being aware of these tactics is the best defense. Otherwise, you’ll be […]
Are you planning the purchase of your first home? Buying a house is a major decision because the house will soon become one of your main financial assets. Plus, you’ll be making mortgage payments for at least ten years. Take these steps before you buy: 1. Ask yourself if you’re financially stable. Have you had […]
If you’ve heard the saying, “a penny saved is a penny earned,” you know it’s true. The good news is that saving your pennies isn’t as difficult as you might think. Check out these ways to pinch pennies and save money: 1. Buy used furniture. You may not want to buy someone’s old mattress, but […]
There are both advantages and disadvantages to owning a home when you consider the economy. The best way to determine whether you should rent or buy is to consider the pros and cons of both positions, then see how they relate to your current home situation. Although it may seem preferable to buy a home […]