Good Debt versus Bad Debt
You probably often hear financial experts discuss the importance of keeping bad debt low, while effectively managing good debt. In fact, creditors assess the balance of your good debt versus bad debt when determining whether or not you are a good candidate for a loan or a line of credit.
So how [...]
While most of us realize that money can’t buy happiness, we are not always aware of the unhappiness that the pursuit of money can cause. Debt, poverty and financial strife are the obvious financial culprits that contribute to money-related stress and misery, but recent research also suggests organizing our lives around achieving wealth actually decreases [...]
Are you ready to get serious about saving money? Making even small changes now can lead to big results down the road. Check out these top five money saving tips to get you started on the path to financial well-being.
Are you ready to start saving money? Do you want to stop burning through [...]
Tips for Managing Your Money
Being frugal and thrifty involves more than just looking for the best deals; it also takes careful planning and money management. If you want to truly understand where your money goes each month, you need to carefully track your earnings and spending. But you don’t need to be an accounting wiz [...]
Shopping for clothes can be a frustrating and expensive endeavor and living on a strict budge may cause shopping options to seem limited. “We buy all of our clothes at Wal-Mart!” my friend’s daughter recently exclaimed when I complemented her shirt. “Yes,” her mother replied uncomfortably, “but we tell people that we bought them at [...]
If you work freelance or own your own business, you are well aware that your monthly income can vary widely. You might do great one month, only to find yourself barely scraping by the next. How can you establish a budget when on this feast-or-famine schedule?
Outline Your Budget
The first step is to determine [...]
