The First Rule of Home Buying: Buy Less House than You Can Afford
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A home is a very large, long-term investment. The biggest decision you will make about it will be made at the time you buy it. All other decisions you make later will be governed by what you did at closing time. It’s not a stretch to say that buying less house than you can afford could be the single biggest financial decision you will make.
5 Financial Habits You'll Wish You Would Have Formed Years Ago
Think a lot about the future. Many times, if you focus on the future, the present will take care of itself. Here are some financial habits you'll wish you would have started now, 10 years from now. Or, you could just start them today. Make the right choice, and you'll be well on your way to financial freedom.
How Much You Can Contribute to Your Roth IRA in 2013
Roth IRAs are excellent tax-sheltered vehicles for your investments, and you'll want to contribute as much as is reasonable for your current financial circumstances. Let's explore how much you can contribute in 2013 and how much you should contribute based on what's going on in your life.
4 Tips for Making the Best Possible Financial Decision
Decisions, decisions. We all make them. But some of them, are more difficult than others. What should you do when you need to fund your education but also need to save for retirement? What should you do when one of your family members asks you for money? How do you pay that bill you don't have the money for? What should you do in your situation?
How to Spend Valentine's Day Without Breaking the Budget
Valentine’s Day will be here before you know it! For those of you who can’t remember the date (mostly men!), it’s February 14th. Planning ahead this year is a must!
The Fun Money Reserve Fund: Why You Might Need One
If you make a new budget every month, you probably are well aware that you need some fun money. Life on a budget is simply unbearable without a little spending money, so you put cash in your wallet or designate some money to be spent on whatever you want. But most likely you encounter a situation by week three – you don't have any money left! How will you ever afford eating out with your friends when they call you, or buying that last minute gift for the couple soon to be married? Simple: The Fun Money Reserve Fund! Here's how it works.
Is Overspending Really Your Most Pressing Financial Problem?
You'll hear from financial counselors, read on the Internet, and see in magazines that if you only solved your spending problem your finances would improve and you'd be on the path toward financial freedom. But is overspending really your most pressing financial problem? Let's do a little checkup that will determine where your financial struggle really lies.
What You Should Keep and Not Keep in Your Wallet!
When you sit down, do you end up tilting to one side? Or, could your purse double as a weapon because of its weight? Your wallet might be the problem, so grab yours and let's go through it – together! I promise I won't look. Here's what you should keep (and not keep) in your wallet!
3 Innovative Bank Accounts You'll Love in 2013 and Beyond
Some of you have heard me talk about these banks before. Even so, I encourage you to take a look at them as we head into the new year if you haven't already, as they can save you hundreds of dollars a year and make banking a little bit easier.
For the Times You Feel Rushed
Sure you have. A hurried person who doesn't think about what they're doing usually trips up and makes one too many mistakes. I think we've all worked and messed up because we felt rushed. What should we do instead?