One of the simplest ways to avoid financial problems is to create a budget or cash flow plan, which is nothing more than mapping out your financial activities before they occur. It makes no difference if you make $30,000 or $300,000 a year. Putting the information on paper or spreadsheet allows you to see the limits of your money and helps you to manage it better.
One of the simplest ways to avoid financial problems is to create a budget or cash flow plan, which is nothing more than mapping out your financial activities before they occur. It makes no difference if you make $30,000 or $300,000 a year. Putting the information on paper or spreadsheet allows you to see the..
If you’re in your twenties, I’m sure that you’ve heard about goal setting, which can cover an array of projects, including personal finance. But have ever set a goal to accomplish something? More importantly, do you know how to set a goal to achieve a specific mission? In this article, you will learn how to..
If you haven’t realized it yet, getting ahead financially is not easy. Earning a college degree, finding the right career, and working hard will not automatically make you wealthy; playing the slot machines at the casino will not do it; and inheriting a great deal of assets from parents or grandparents is less likely to..
These days, it seems that Americans put more value in their FICO score than their bank accounts. Companies such as Experian, Credit Karma, and others are influencing the masses into believing that a good credit score will always be there to provide the means for purchases, despite their inability to save money. But as important..
Saving money has been and will continue to be a challenge for a lot of people, partly because they feel there’s never enough of it to go around. Yet despite the barriers, some do it, though not always for the most important purpose, which is the intent to grow wealth and become financially independent. Instead,..
You have undoubtedly heard over the years that buying a house is a wise financial investment…the first sign of progress or moving up in the world. In some cases, you’ve seen people going through the home-buying process on television and wished you had the means to do the same. But if you’re in your twenties..
Shopping is a fun activity, particularly when it’s being done on credit. We don’t see the money leaving until the bill comes due at the end of the month, at which time, we must write a check to pay the debt. The term debt is often used interchangeably with credit as though the two words..
Credit has become a significant element in our financial equation. Not that it must be, but we have made it so. This is because we’ve come to accept the idea that we need it to build and sustain our livelihood. But do we really need credit to live a happy, fulfilled, and successful life? Is..