Finances 101: How to Buy Car Insurance for the First Time

Finances 101: How to Buy Car Insurance for the First Time You'll save money if you can get on your parents' insurance policy. Delving into the unknown is always a little scary, and when money is involved the stakes get even higher. But there's no reason to get sweaty palms and heart palpitations just because you're getting ready to buy your very first car insurance policy. As long as you stay... Continue reading

Save Money on Entertainment

If your recent "nights out" consist of a walk to your mailbox to pick up your latest Netflix movie or browsing the shelves at your local Walmart, it's time to get back in the saddle. Here are 12 fun ways to get more out of your entertainment dollar: 1. Wait until the last minute When it gets down to a couple of hours before the performance, a theater may start selling "rush" tickets at a... Continue reading
Wedding budget mistakes to avoid

Wedding Budget Mistakes to Avoid

Planning a wedding can be a whirlwind experience. Many couples who are planning this event for the first time can easily get caught up in the rapture of creating a fairytale event. Creating, evaluating and managing a wedding budget is the cornerstone to a successful big day. Even when couples have the best intentions of sticking to their budgets, there are times when things go off-track. Knowing... Continue reading
Golden Nest egg

Reach Your Financial Peak: How to Grow Your Savings Faster

Finding Lost Money "When I sit down with many of my clients to review their income and expenses, they're amazed at where their money actually goes," says Prior Lake, Minnesota, CPA Steven Mangan. “Once you know what you have, you’ll be amazed how much you can save.” Many people spend whatever money is available, without a firm plan to save any; others, despite their intentions to save,... Continue reading

Car Shopping? Budget Tips for Buying or Leasing a Car

Before you start shopping around for a car, either to lease or buy, you need to know your budget. And keep this in mind: "A car is transportation," notes Jim Blankenship, a certified financial planner practicing in New Berlin, Illinois. "It won't make you money, and it won't make you better looking or more popular. It's a practical purchase only if you're getting value for your money. The value... Continue reading
money tree

Frugality is a Career Tool

I have earned a lot of money in my life. But I have never had an extravagant life. I don’t own a house. I’ve never bought a new car. I didn’t buy a new piece of living room furniture until I was 40, and I do not own a single piece of real jewelry. What I have spent money on was always intended to help me with my career. That was so I know that I can always earn money doing something I love. I... Continue reading
Get Real With Your Spending

Easy Budget Tricks for Controlling Your Spending

Get Real With Your Spending To control your spending your first must know how much you actually spend and what you are spending your money on. "Most people have no idea what they are spending on things like fast food and coffee for the month," notes Herigstad. She recommends that you collect all of the receipts for your spending for a full month and calculate your total spending and totals by... Continue reading

How to Plug the Holes

One good reason to endure the occasional drudgery of budgeting is that it alerts you to trouble while you still have time to do something about it. You're forced to find out why your expenditures are climbing and to take action. If the electric or gas bill is higher because the rates were raised, you'll have to revise your monthly forecasts for that budget item, and figure out whether other items... Continue reading
5 questions to ask yourself before starting a budget

5 Questions to Ask Before You Prepare a Budget

Sometimes, when people finally decide to take charge of their finances -- to stop winging it and prepare a budget -- they think of a budget as a restriction, depriving them of the nicer things in life. In reality, it can be liberating to chart a path to financial freedom. Before you start, you need to ask yourself at least five questions. What Are My Goals? How and what you budget depends on the... Continue reading

Finances 101: Opening Your First Checking Account

Finances 101: Opening Your First Checking Account Opening your first checking account, no matter how old you are, is a sign of financial independence. In fact, it's almost a necessity to function financially. Before you open your first account, make sure you shop around to find the account that offers the best benefits. There's no one perfect account for everyone, so knowing which features are... Continue reading