clothing sale
I have written a few times on how to save money with baby clothes and kids clothes. But if you are like me, then you want to know a bit about saving money in your own wardrobe too. Financial experts say that individuals should spend about five percent of their take home pay on clothing. That translate to $150 for clothing each month if your take home pay is $3000. Do you really need to spend that much to look good? I think not. Here are a few places where you can cut down the costs.
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bank account
My husband asked for a divorce recently. Once I move beyond the initial emotional shock of the situation, I began thinking about the financial ramifications of our marriage ending. One of the items to consider is what to do with joint bank accounts.

Who Gets to Keep the Bank Accounts?

Every expert I’ve talked to about divorce and finances agrees that it’s best to separate finances as quickly as possible. This includes closing joint bank accounts and opening different accounts. I didn’t want to give up the main account, though.

Most of my finances are automated, and many of the automatic bills, from insurance premiums to my student loan payments, come out of the account that my soon-to-be-ex husband and I used to share. The last thing I wanted was to set up new payment information for all of those accounts.
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back to school
It’s almost that time of the year again: back to school! Parents can’t wait for it, while kids frown at the thought of it. Whether you’re sending your children back to school or going back yourself, one of biggest tasks on your to-do list is back to school shopping. While back-to-school shopping can be fun, it can also be quite stressful, as there’s a lot you or your child is going to need to have a successful year ahead. The cost of supplies can add up quickly too. Here are 5 budget friendly tips for back to school shopping:

Ask for a shopping list

Have a game plan before you even start shopping. It’s easy to waste money on things you don’t need. Ask your school or your child’s teacher for a shopping list. If they don’t already have one prepared (and most will be prepared), they can at least provide you guidance on what to buy. It will make things much easier for you and take the guess work out of shopping. You’ll only buy exactly what you need and still be super prepared.
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couple love
Let’s face it – financial status or habits rarely determine who you’d ask out (or who to accept) on a date. But should you continue onto the second date if the potential partner is a spendrift? There will be many clues about a person’s financial situation and how they handle money as early as the first date. Your reaction to these clues will depend on your financial beliefs and habits, but early consideration of what they might imply will help you determine if a date is financially compatible before you get entangled in a relationship. How you react to the following financial clues could determine your financial future, so pay attention.
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My wife and I talk about finances every week. More specifically, we discuss the amount of discretionary funds we have available, and then decide together how we are going to spend the money. We also do an overall budget review periodically, but she leaves the handling of paying the day to day bills to me. This fact recently led her to a startling revelation; she actually doesn’t have adequate knowledge to handle the family finances if something should happen to me.

She asked me to build her a an outline of what she would need to know. Realizing her request was a great idea, I opened my laptop and created a document that contained every detail of our finances. Here is a list of what I came up with.
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slip up
Most credit card flipping sites and fan forums boast the benefits of cashing in on multiple, new credit card offers, but very few experienced flippers talk about the financial dangers that can occur. The stories from experienced flippers are appealing. Daraius Dubash, the expert behind Million Mile Secret, has visited over 30 countries paying virtually no money because of his credit card rewards.

Free airfare and hotel stays just for signing up for new credit card bonuses – what could go wrong?

The Dangers of Credit Card Flipping

While many have been successful at credit card flipping, not all should pursue it. Keep these issues in mind before filling up your wallet with the latest credit offers.
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