True Cost: How to Calculate the Financial Needs of Your Family

When you sit down to write out your expenses, you probably know that you need to account for mortgage or rent, heating, electricity, water, car bills, credit card payments and student loan debt. However, don’t forget to account for the smaller bills too. For example, you might need to contribute money to your children’s sports team, or you may have small private loan that you’re still paying off. Don’t forget that money has to pay for food whether you’re going to the grocery store or eating out at restaurants. Don’t forget to factor in things like insurance and saving for emergencies.

The Family Minivan: 4 Money-Saving Steps to Fix Up Your Vehicle

The minivan is a very useful and versatile vehicle, from taking the kids to soccer practice to picking up supplies at the lumber yard the minivan does it all. But routine trips and errands in your minivan can lead to many minor problems. Dents, chips in the glass and stains on the carpet are common issues. Rather than having these fixed by the mechanic, you can take care of these minor problems yourself and save a bundle in the process.

How Bad Credit Happens & How to Keep It from Holding You Back

Having a good credit score can make your life easier in a variety of ways. For instance, you may be able to get loans at lower interest rates or insurance policies with lower premiums. It may also be easier to get a job or get an apartment in a desirable area. Let’s take a look at why a person may have a bad credit score and how to overcome it.

Legal Liability: What Exactly Does Your Home Insurance Cover?

If you have a home, you most likely have a home insurance policy. However, you may not know exactly what you are covered for until you go to file a claim. This can be a risky strategy as even a small claim against you could cost thousands of dollars. Let’s take a look at what a typical homeowner’s insurance policy protects you against.

Making the Best of the Worst: 4 Tips for Financial Recovery after an Accident

Your first major car accident can be a very stressful time. You may feel in shock from the overwhelming physical and mental blows. Whether or not you were the one at fault, you will most likely find yourself with huge bills for repairing or replacing your vehicle and for any health care that you required. Arm yourself with this knowledge that can help you recover financially and land on your feet once again.

3 Keys to Teaching Your Kids Financial Literacy

Teaching kids how to take care of their money while they are still kids can help them become financially healthy adults. They must learn how to take care of their money, even if their school doesn’t offer classes in money management. You, as their parent, should teach them about the concepts of budgeting, saving, and spending. If you do, they stand a better chance of developing excellent and healthy financial habits that will benefit them well into adulthood.

Money & Mannerisms: Traits That Lead to Success

In many ways, our financial habits are an expression of our personalities. Those who tend to be impulsive in other areas of their lives may be more likely to spend money on a whim. Those who tend to be more measured in other areas of their lives may also be more likely to be calculated when it comes to their finances. Let’s take a look at some other ways that your personality traits correlate with your financial success.

How Much Mortgage Can You Really Afford

If you’re looking to buy a house in the near future, it’s important to know how much you can afford to spend. Setting a realistic budget will help you determine where you should buy, how much home to buy and how you will account for closing costs (including your down payment). How do you go about determining how much you can afford to spend on your next home?