One of the many things that parents should teach their children is how to manage money. You can start teaching your kids about money as early as age five; even children that young can grasp the basic concept of money. It’s good to start early – far too many teenagers and adults lack basic personal [...]
We have all heard about life insurance, but the details for many of us remain rather fuzzy. While we know that it’s a good idea to have, what are the different kinds of life insurance and which one is right for us? While it is always best to consult with a business professional in serious [...]
Everyone wants to save money. However, not everyone is committed enough to do it. Follow along to learn some strategies to execute your plan. Before You Formulate a Plan It’s difficult to find out where you should be, if you don’t know where you are and where you have been. Apart from financial reasons, sometimes [...]
These days, it’s all online – even personal finance programs, which once were the exclusive province of Quicken and Microsoft Money have now been supplanted by online person finance program. But which one is the right choice for your personal needs? To answer that question, we looked at five of the most popular online personal [...]
As a family living on a single income, I think many people envision us scrimping by, pinching pennies and foregoing many of the luxuries dual income families can afford. The truth is, while we work hard at living on a single income, that hard work and the habits we’ve formed allow us to live very [...]
Three years into a weak economic recovery, many families are still struggling to make ends meet. Unemployment is still above eight percent, and many people have simply dropped out of the labor market after becoming too discouraged to continue looking for work. For those who have been fortunate enough to keep their jobs, wages have [...]
As parents, it is our role to help our children develop into well-rounded responsible adults. One of the best ways to help children mentally grow and learn responsibility is to give them chores. Chores are a perfect way for children to learn how to be a family team player; give them a sense of satisfaction [...]
Hey Everyone! I was interviewed by Bill over at Credit Card Assist for their Best of the Best Blogger Series. The interview went live today. Please check it out: Cool to be Frugal – Best of the Best Blogger Series
Regardless of your age, planning for retirement should be critical component of your personal finances. However, many individuals choose to neglect saving for the future in order to serve more immediate needs. Failing to allocate enough resources toward retirement can result in having to work long past the normal retirement age. Here are 5 ways [...]
With tax season right around the corner, it is wise to have a plan of action to deal with your taxes and get the most back from the government as you can. Trying to maximize your refund and make sure that you report everything you earned is very important. However, you have to go about [...]