When it comes to financial habits, budgeting, saving, and setting important goals are all well and good. However, mostly they look at the money that we spend actively. Modern life tends to be a little more complex with that, with many of our transactions being done automatically. As such, it’s important to have a “money day” once a month that looks at where your money is going without you actively spending it. Here, we’re going to look at what you should do with your money day. The Danger … [Read more...] about Why You Should Have a “Money Day” Every Month
Finances and Money
While money cannot buy you happiness, it can sure make life a little easier. If you find yourself in debt, or suddenly go from a two-income family down to one, we have plenty of advice and tips from the experts on how to manage your personal finances. You'll also find ways to save for retirement, teach your children to manage their own banking accounts and credit cards, and much more.
Having a family, a home, a job, friends, and a social life, can take up a lot of your time, and a whole heap of your money. So being able to look for some ways to save, especially on the everyday ‘must haves’ is a really good idea. When you’re able to do this, it can free up some disposable income, and mean more money to pay off debts, as well as more money for your family. It is a pretty general statement, but most people know that budgeting and being able to make some smart choices with … [Read more...] about Frugal Living and Saving on the Must Haves
We tend to only come into the ownership of a home after many years of working hard, saving up our money, and searching for the right place to buy. But there are other ways to come into homeownership, too. Take inheriting, for example, during which you’ll end up with a piece of property, but the process of acquiring it will be completely different. You won’t have sunk any capital into the home. You won’t have worked for it. You won’t have chosen it. Yet, it’s yours. So what are your options if … [Read more...] about So You’ve Inherited a House, Now What?
It's only natural that we find ourselves in a financial rut at some point in our lives. After all, unless you have endless money to burn, it is inevitable that expenses will catch up with you sooner or later. It's important to remember though that your current financial situation doesn’t have to be permanent. As long as you follow the right steps, financial freedom is only a short time away. So, if you are ready to improve your money state once and for all, here is what you will need to … [Read more...] about How to Get Yourself Out of a Financial Rut
Most people have debt in one form or another. The problem is, while debt is easy to get into, it can be a tricky thing to get out of. The time between realizing that your debt is out of control and actually clearing it is full of hard work. No matter what sort of debt you’re in, it can take months, years, and sometimes even decades to get rid of it. There is no one-size-fits-all solution for erasing your financial problems, but tactics do exist which make paying off debt quicker and a lot less … [Read more...] about Surefire Ways to Get Out of Debt Faster