Our country’s economy is going through a rough patch right now, and President Obama’s administration still has lot of work cut out for them. Politicians on both sides of the aisle are quarreling over how to remedy America’s money woes. How exactly will Obama’s proposed financial policies affect your personal finances? The quick and dirty [...]
Continue reading about Practice Good Money Management Skills
If you don’t properly manage your bills it can be very costly. There are a few simple steps you can take to stay organized and avoid being trapped by expensive fees or penalties. Make a calendar. Add bill due dates to your everyday calendar. That way if a bill doesn’t show up in the mail [...]
There’s usually an upside and downside to consider when making life decisions. For most people, each and every day involves some type of financial decision. Weighing the consequences of your choices against their apparent benefits is key in making the best moves with your money. When considering applying for a line of credit, the pros include [...]
You might not think there is a correlation between exercise and financial success. But, if you don’t exercise you may be negatively affecting your financial health, as well as your physical health. How can not exercising hurt your finances? Daily physical activity lowers the risk of a multitude of ailments, from heart disease to diabetes [...]
Continue reading about Is There A Link Between Exercise & Finances?
Let’s face it, it’s not easy to get out of debt. Although there are some external factors which may have created your debt burden, usually debt is the result of irrelevant spending and poor money management, or both. If you are ready to get out of debt, take the bull by the horn and get [...]
Credit cards can work to your advantage, but only if you know how to manage them. There are important guidelines to consider in your use of plastic. First off, don’t let your cards site idling in your wallet. In order to limit risk and expenses, many card issuers are closing accounts because of inactivity, even to [...]
With so many Americans living beyond their means, what can people do to rein in spending? Sit down and figure out a plan, plain and simple! The reality is that the people who most need to make drastic changes don’t realize that straightening out their finances is not difficult to do. The first step to [...]
Difficult economic times continue throughout the first quarter of 2009. Despite recent gains in the stock market, portfolios remain badly damaged by the market performance of the last year and a half. Unemployment is still on the rise and the recession is still a serious concern. As we wade through these difficult times, you have to [...]
Continue reading about Managing Financially During A Recession
Financial stress is common if you are forced into frugality because of a lost job, divorce, death in the family, or being over your head in debt, etc. This can lead to feelings of insecurity, fear, anxiety, anger, and, of course, depression. These feelings can also cause you to make poor money management decisions. These [...]
It used to be the idea of financial planning was a small emergency fund in a mason jar stashed in the furthermost corner of the closet. Things have really changed. It doesn’t seem like that long ago but, our world is growing in leaps and bounds. I guess the smart thing to do is grow [...]
