Are you hoping to change your financial habits but just don’t know where to begin? There isn’t any one-size-fits-all magic approach,. There are, however, different strategies you can try out until you hit on something that works well for you. Here are three such strategies that can help you change your financial habits. Figure out […]
Every year, the USDA updates the average cost of raising a child from birth to age 18. The latest figure is in line with recent years that you are likely to spend close to a quarter million dollars raising a child. Breaking down the latest average and the figure is actually $23,000 per year. Luckily, […]
My friend started a conversation on her high monthly grocery bill and told me to guess how much she spends. I quickly said, “$1,800” – mind you she is raising three growing preteen boys, and lives with her husband, mother, and stepfather, so basically seven adults. She seemed a little surprised that I was so […]
The concept of a “sinking fund” might be as foreign to you as it was to me when I came across it a while ago. Just looking up the definition can be confusing since there are at least two uses for the term: A strategy for the repayment of a specific debt over a period […]
I’m an obsessive list maker. This obsession is usually an advantage because it helps me stay organized and remember things I need to do or buy. The sheer act of writing something down on a list helps me remember (since my memory is visually oriented) so that often I’m able to shop my list from […]
You work really hard to save money and get out of debt. Every year, when making your New Year’s resolutions, you vow that this will be the year you finally succeed and never look back. You set your budget before December loses itself to January; you’ve planned how much you will put on each card, […]
