How Young Families Can Move Past the Living Paycheck-to-Paycheck Phase

When first starting out, many families get in over their heads, in their rush to buy a home and get established. This often results in a lack of savings for emergencies and living “paycheck to paycheck”.
When you live paycheck to paycheck, it can seem like you are struggling to get by. You may regularly wonder what would happen if you got severely sick or seriously injured. Financial concerns may keep you up at night, and you may not feel like you can afford to take a vacation or even a random day off when you feel run down. If you are tired of living this type of lifestyle, there are a few steps that you can take.

Money Mastery: The Necessity of a Household Budget

No one enjoys making a family budget… establishing a household budget can be stressful, time consuming and cause friction among family members with differing opinions on where to spend your limited resources. But unless you have unlimited money, budgeting is a necessary task to ensure you and your family keep your spending within your means. The fact that even celebrities and lottery winners have declared bankruptcy indicates that even if you have a very large disposable income you still need to live within your means.

5 Shortcuts to Paying Bills in Record Time

No one likes the idea of having to spend hard earned money on paying a whole bunch of bills. Nonetheless, they must be paid and if you want to maintain a good credit rating you must do so on time every time. Paying bills and doing so on time can be done hassle free. You […]

Useful Tips to Get Your Finances On Track

Financial health is a function of both income and expenses. There’s no doubt that unless you control your spending, you can never improve your personal finances. Charles Dickens put it this way in his classic book David Copperfield, “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought […]

Understanding Your Family’s Spending Behaviors

If your family is like most families today, you may be finding it difficult to make ends meet from one paycheck to the next. Or, you may have found yourself trying to find ways to balance your family budget in order to boost your savings. Regardless of what your current situation may be, it’s important to […]

Save Money this College Season: Textbook Rental Trend Gains Popularity

By Mariana Ashley Back-to-school season is here. And while most incoming college freshmen have factored in the cost of tuition, housing and food, most forget to calculate the added expense of what should be one of the priciest items on their school supplies list—textbooks. Some, especially introductory freshmen course textbooks, can cost as much as […]