5 Ways to Simplify Your Financial Life

Life can be stressful enough without adding juggling finances to the mix. It is possible to simplify your financial life, however, and doing so can free up time and ease certain financial worries. Here are five easy ways to make managing your finances simpler.

Consolidate Your 401K

5 Ways to Simplify Your Financial LifeThe average American stays at a job for only about 4.6 years before moving on. When changing companies, people often fail to take their 401K with them, resulting in them having multiple 401k accounts. Rolling over your 401K to your new job allows you to consolidate and track your money in one account. If you fail to do so, you’ll be receiving statements and tracking accounts from multiple companies and plan administrators. Instead, take your retirement money with you. It will be easier to track and you won’t lose any along the way.

Just be sure to [Continue reading]

Another Post on the All Important Emergency Fund

I know it may seem like we are harping on this subject but it really is that important. Without some spare cash the smallest unforeseen circumstance is an emergency. With enough cash in your bank account it is just an inconvenience. So which do you prefer emergency or inconvenience? ~Tim McMahon, editor

The Importance of Saving Up for an Emergency Fund

Savings- ID-100449264Imagine it’s Christmas Eve. You’re just about to arrive at the family home after driving for 10 hours straight across 3 different states. Your wallet is feeling a bit light after all those gas station stops and the presents you bought before the trip. Suddenly you hear that terrible sound we all fear; rattling coming from your car’s engine. The repairs will cost $900, but you don’t have the cash and you won’t get paid again until next month. What now? If you had an emergency fund, you would already have the answer.

Why do I need an Emergency Fund?

Building an emergency fund is one of the most important tenets of responsible financial planning. Life is full of surprises outside of our control and often those surprises are costly. Emergency scenarios can range from [Continue reading]

5 Reasons Why Investing Is Critical

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There is the temptation in life to blow through every dollar as soon as it hits your bank account. Disciplining yourself to squirrel money away doesn't sound like much fun, but it will pay off in the long run. Here are five reasons why investing … [Continue reading]

The 2 Types of Financial Emergency and What to Do For Each

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By definition emergencies are unexpected and no one is immune to the unexpected. And you can't afford to ignore the possibility that one day a sudden financial emergencies will happen to you. Unless you live a super boring life sooner or later, (no … [Continue reading]

How to Save Big on Your Weekly Food Shopping

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Visiting the grocery store is something we all have to do. While food is definitely a necessity, sloppy spending at the store can leave your monthly budget shattered. Instead of constantly bringing food back to the shelves because you can't afford … [Continue reading]

Tips For Saving Money On Necessities

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We all love saving money, but after the extras have been trimmed from your budget you may still be looking for ways to save even more. While it may seem difficult to save money on purchases you can't live without, it is possible. Let's take a look at … [Continue reading]

What First-Time Home Buyers Should Know

First-Time Home Buyer

Making the decision to buy a home can be both exciting and frightening at the same time. There are many considerations to be accounted for before you even sign the papers. Since this is likely the biggest purchase you have ever made, it's important … [Continue reading]

Did You Know You Can Negotiate Your Medical Bills?

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Even with health insurance, you can rack up medical bills if you need an extraordinary surgery or simply have to stay in the hospital for a long period of time to recuperate from a dangerous illness or devastating injury. And for those without health … [Continue reading]