Living for today - Planning for Tomorrow
There are fads in every industry, including the personal finance sector. Sometimes these fads can help you earn save a couple bucks and other times they can suck up your time and money. At times it can be hard to tell if you’re implementing a technique that is actually going to help you financially or if you’re just responding to hype. Since I spend a
If your financial life isn’t panning out like you’d hoped you have two choices: earn more money or save more money. While both of these options will help improve your finances the key is using them together. In some situations, though, it’s clear that one method will be far more beneficial than the other. Let’s take a look. Is it more important to earn more
Monday we talked about some of the basic expenses of having children. One of the costs we didn’t talk about though was paying for your kid’s college education. I don’t believe parents should always be responsible for paying for their kid’s education. It’s a personal decision. I’ve seen children who get a free ride through school (provided via their parents) who change their majors like
Over the past year and a half I’ve been working on increasing my financial stability. I’m happy with where I’m at but I still feel like I could be doing a little more. I find that sharing my financial goals and progress keeps me more accountable. Here is how I’ve been increasing my financial stability one step at a time. Pick Up Extra Jobs While
If you frequent personal finance blogs you’ve likely seen a lot of unusual or extreme things people do to save money. If you’ve ever caught an episode of TLC’s Extreme Cheapskates then you’ve probably come close to a heart attack witnessing some of these extreme – and sometimes dangerous – methods of saving money. I was glued to the TV last week when I saw
It always seems like it takes a tragedy or emergency in some form for most people to look at the big picture of their personal finances. A bankruptcy, a death in the family, a foreclosure, or a mountain of debt – all pretty big wake up calls. While I tend to think that I am pretty grounded when it comes to personal finance, even if
It’s not quite spring yet but I feel like I’ve already caught the spring cleaning bug. I’ve tackled my closet getting rid of almost half my clothes. I’ve went through old magazines and paperwork and pitched almost everything. And, now I’m about to start on the toys…. I wouldn’t say I’m a minimalist but I definitely hate clutter. When the house is a mess I
Chances are if you plan on getting an income tax refund you’re ready to file. For those of you planning to owe taxes this is probably a different story. I have filed my own taxes every year. I also prepare taxes for my brother and this year, a friend. Since I’ve always prepared my own taxes, have taken several accounting classes, and have had seven
For those looking to save money auto insurance is one of the first expenses to get slashed. Unfortunately, many people are oblivious to what they’re really switching when they shop for auto insurance. As we’ve previously discussed it’s extremely important to carry the right insurance coverage’s, especially when it comes to liability insurance. If getting a new auto insurance quote is on your agenda here’s
Income tax time is approaching. Around this time of year the internet is buzzing with articles and blog posts on why getting an income tax refund is a bad decision. I was officially self-employed during the last three months of 2013. This year my taxes are going to be a bit different. I’ve already began calculating my best and worst case scenario for my income
