May is the time that many young adults are ready to venture into the world armed with a degree and hopefully soon a great job. With all of the excitement, financial matters are often forgotten which can be detrimental to their long term success. This is a critical time financially speaking for young adults.
Being good at budgeting doesn’t have to be difficult, especially if you plan for the unexpected. This added step of protection is often the difference between being successful with your budget or having your budget blown up. The key is understanding the expenses that can repeated blow up your budget.
Almost everyone agrees that financial success can only happen for most people if they develop short and long term goals. An important part of this planning is knowing when and how to adjust those goals when life throws us a curve ball.
Numerous studies have proven that children who get a basic understanding of financial concepts early in life are much less likely to have financial difficulties later in life. It may be surprising how many opportunities that parents have to teach their children about financial matters early in life.
Financial goals and plans are always in a constant state of change and yet, there are a few important steps everyone should take during each stage of your life. Don’t wait if you have a major life change, take the time to make these important financial changes when the time is right.
We all understand that budgeting is the key to not spending more than you make. However, even people who budget might can have financial issues if they are making some of the common budgeting blunders. With the first quarter almost over, now is the time to review and catch these budgeting mistakes.
It’s more than your house that can use Spring cleaning. If you are like most people, your finances could probably use a little work as well. Now is a great time to start and most of the items that should be on your financial Spring cleaning list can be completed in less than 30 minutes.
For millions of Americans, they have or will soon receive a tax refund check this year and for others this is the time of the year they are receiving annual bonus payouts. These windfalls of money can be a great temptation or a great opportunity.