Many people are in the habit of making resolutions for the New Year and financial resolutions are often included. The key is knowing if they are realistic or just another resolution that will be forgotten before Ground Hog Day.
Most people don’t intend to be in a poor financial situation, it usually is a combination of misfortune and poor financial habits that lead them towards financial distress. There are a few behaviors that can be the foundation for a better financial outlook and mastering the basics will pay dividends your entire life.
The last few days have been serious holiday shopping days and the frenzy of activity could have caused you to lose track of your financial situation. If you find yourself over your holiday budget don’t worry, there are a few ways to cure the Black Friday financial hangover.
Many parents are excited about spending time with their college kids who will be coming home for Thanksgiving in a few short days. This time together provides an excellent opportunity to talk about the financial aspects of their college life. You can have a good discussion as long as you frame it as an adult conversation, not a parent/child conversation.
Everyone is looking for ways to have just a little more money per month to pay down debt, save a little more or have it to spend on necessities. It might be easier than you think to find $50 or even $150 in savings per month. See below for ideas on where to start looking.
The holidays season is about to start and with it will come several opportunities to make financial mistakes. Many people start the New Year off in a desperate financial situation that can be avoided with just a few common sense tips and a little planning before the holidays actually start.
Do you have a desire to live more comfortably financially speaking now and in the future? It doesn’t have to be all about earning more money. The concept of living below your means now so that you can retire earlier and more financially set later is a way of life that is different.
One of the keys to financial success is understanding that the use of savings or debt for purchases has a major impact on your future financial success. More to the point, how you pay for any purchase has a direct correlation to your future financial success.