Money Management Archives - Page 9 of 62

How to Know What You Can Afford for Your Next Family Home

At some point, your family may need to move into a new home. Whether it’s because your family is growing, because you’re downsizing, changing jobs, or because you just need a change of scenery, it’s not too uncommon to find that you need a new home. Before you do that, though, you do need to know what you can afford. Fortunately, there are some factors that you can consider to determine what you can really afford for your next family home.

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Cheap Fun Things to Do With Kids This Spring

Money Management / By Tim McMahon

The weather has been cold for the past couple of months, and your family probably had to stay inside. Finally, it’s time to get out in the sun again. Don’t let your kids be bored during this spring, because there are so many creative activities you can do together as a family. Just a little planning is needed to keep your kids engaged. You already know how much it costs to raise a child, so we have prepared cheap fun things to do with kids this spring. All of them are great for family bonding and spending some quality time together, and some of them are also educational.

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4 Benefits of Working with an Advisor for Your Personal Finances

Money Management / By Tim McMahon

It is important to have financial goals and a plan for how best to achieve these goals. There is an old saying, “failure to plan is planning to fail” and this certainly applies to financial planning. But most people just muddle along without a plan. Hiring a professional to help you plan is much easier than learning all the financial ins and outs by yourself. A financial planner can help you make decisions about your money and help you meet your financial objectives. Often people get caught up in their career, school, and family and then not focus on their financial organization.

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Happy Home: How to Balance Your Budget During Trying Times

Budgeting / By Guest Author

Finances are the leading cause of stress in a relationship, according to a survey by SunTrust Bank. So, a big part of maintaining a happy household is properly balancing your budget. You need to make sure you’re spending less than you earn, which allows you to pay all your bills while saving up for future emergencies. This can be challenging in the best of times, but it becomes especially difficult when money is tight. Here are four tips to keep in mind as you do your best to manage your budget.

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https://yourfamilyfinances.com/2021/03/03/eat-for-cheap-what-you-can-do-to-make-filling-family-dinners-fit-a-tight-budget/

4 Ways to Save or Make Money Inside Your Home

Frugality / By Tim McMahon

With more people working shorter hours in public and spending more time at home, you may be looking for ways to cut costs or even make money from the comfort of your house. Here are ways to protect your monthly budget by making money-saving adjustments to your income and expenses. Cook More Going out to

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Eat for Cheap: What You Can Do to Make Filling Family Dinners Fit a Tight Budget

Frugality / By Guest Author

Serving a slab of meat at the center of a dinner plate is a luxury that defies the advice of health experts and costs a lot of money. Instead, you can put satisfying and nutritious dinners on the table for your family without breaking your tight budget by making smart decisions about meat, sides, bread, and how you purchase your food.

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Living in a warm and cozy house is one of the benefits of downsizing.

7 Benefits of Downsizing to a Smaller Home

Real Estate / By Tim McMahon

People often connect downsizing a home with retirement, as many homeowners who have become empty-nesters may be unable to cover the costs of a big family home on a fixed income. Elderly citizens still make up the majority of the population who see downsizing as a way to economize. However, it is not only the seniors who look at downsizing as a way to cut costs. More and more young people give up on big homes in favor of less costly residences. While lower expenses are the main reason, there are a few other benefits of downsizing a home that make it so widely popular.

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Key Factors To Consider Before Refinancing Your Home

Loans & Mortgages / By Tim McMahon

If you notice interest rates going down and have given some consideration to refinancing your home, you are not alone. When mortgage rates decline, more people opt to take a second look at their existing mortgages in hopes of saving thousands of dollars in the years ahead. However, before you jump in and move forward with refinancing, you should keep these important factors in mind when making your decision.

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How to Bless Your Family with Financial Security

Money Management / By Tim McMahon

Safety is the first thing that comes to people’s minds when they think about their families. Just like physical safety, your family’s financial security is equally important. Although there is no one size fit all technique to protect your family against financial uncertainties, there are things you can do to prevent them from suffering in the event of a financial crisis. Here are smart ways to protect your family financially.

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When Is It Time to Sell Your Old Car?

Frugality / By Guest Author

There’s something to be said for holding on to an older car. Not only is there the emotional connection that you might feel towards your old car, but there’s also the simple fact that not buying a new car means you’re not spending money. There is, however, a point at which you really shouldn’t keep pouring money into your old vehicle. Below are a few times when it just makes more sense to sell your car as is than to get it repaired again.

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4 Ways to Make the Most of Investment Property Loans

Loans & Mortgages / By Brooke Chaplan

Investing in property is an effective way to build your family’s wealth. One of the most common ways to benefit from a property investment is to buy a house that needs some repairs and flip it after you fix it up. Your family might also be interested in purchasing a home that you can rent out to other families in your community. No matter which direction you go, one of the first things you’ll need to do is secure a loan. And interestingly this is the only type of debt recommended by top advisors like Dave Ramsey and “Rich Dad” author Robert T. Kiyosaki. They refer to it as “good debt” i.e. debt that puts money into your pocket.

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5 Essential Checkups to Run on Your HVAC to Maintain Energy Efficiency

Energy / By Guest Author

Many people consider a proper HVAC to be an integral part of any modern home. Your HVAC system will work to keep the indoor environment at a comfortable temperature despite the climate outside. The higher the differential between inside and outside temperature the more work the HVAC unit must do. Unfortunately, these appliances can quickly drain a lot of energy and money if you aren’t careful. There are a few things you can check to make sure yours is running as efficiently as it can be.

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