If you have kids, or are considering having them, you’ve likely started thinking about what that will mean for your finances. But have you thought about how you can help your kids become prepared for their own financial future? There are plenty of things parents can do now to help set their kids down the right path financially. Here are a few.
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It’s easy to find yourself thinking, “I’ll be so much happier when I get a raise.” Then, you get a raise and feel like your financial situation has drastically changed. You can afford to save a little more per month or maybe even make that much-sought-after upgrade to your home.
But after a few months, you get used to the new salary, and the cycle begins again of waiting for that next pay increase to feel like you have enough money to live comfortably.
Many of us get the same feeling when we buy a house. What was once a gleaming home that filled you with pride is now a constant reminder of everything you want to fix.
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My parents hate their retirement.
This revelation floored me. How could that happen? How could you spend your entire life working and saving, come upon the freedom of retirement and just hate the ending?
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With the rise in popularity of personal finance blogs and sites, women have more educational resources available to them than ever before. And many of these sites know that women need personalized financial advice that speaks to their individual needs – not just blanket rules for becoming a millionaire in a male-dominated world.
Queue our first Facebook Live and an honest discussion with the women who aim to help others make better financial decisions.
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What would you prefer more of: cash or Facebook memes? If it’s the former, I have good news for you. In the amount of time you spend tweeting and sharing and insta’ing during your work break, you could be pumping up your wealth instead! (And by “work break,” I mean anytime between 9-5 when you’re “working.”)
We all need a brain break from the office at times. Instead of spending it aimless scrolling through social media or online shopping, rock your wallet in 30 minutes or less by accomplishing these seven financial wins (and then get back to work!)
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There are many trendy gifting choices each year. Just look at any Black Friday, Small Business Saturday or Cyber Monday shopping list. The endless shopping can be a drain on both your energy and wallet.
This year, consider choosing a gift that keeps on giving. Consider gifting financial health and literacy.
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The month between Thanksgiving and New Year’s is a time filled with expiration dates. Both for budgets and diets. The holidays, as merry as they are, come with expensive expectations like large, festive dinners and gift buying (are we really sure it’s better to give than receive…) that can drain a bank account quickly. So,…
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I was 25 years old when the stock market crashed. Barely earning $30,000 per year, my savings account was thin, and I worried about losing my job.
It was hard to ignore the media’s predictions of doomsday scenarios and how we needed to protect ourselves. So, when I witnessed a 50% drop in my meager retirement savings account, I panicked.
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I grew up in Paris and it wasn’t until I started paying for my own trips, and living abroad, that I discovered the different money habits of people around the world. When I moved to the UK, I went to open a bank account and was offered a credit card and a line of credit.
A what?
When I left France, I was introduced to the wonderful world of rewards, free miles, cash back… and its darker side, double digit interest. But my debt-free upbringing didn’t let me fall for that.
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In your 20s, managing your finances may be an entirely new concept. For instance, you might be learning how to budget for the first time while navigating the beginnings of your career or figuring out how you’re going to pay down student loans.
Once you settle into your 30s, it’s time to start taking a closer look at your financial picture, particularly where your credit score and debt are concerned. While credit is a helpful tool for improving your score if used wisely, it can just as easily lead to debt if not.
If the big 3-0 is on the horizon or you’re already a part of the 30-something crowd, here’s how to make sure you’re on the right track when it comes to your credit score and debt.
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