I remember the days when I was a struggling student without much income and without much savings. I also had a great deal of debt. If a $500 car repair came up, I had to ask my parents to lend me the money. Now, things are a little more different. I’m more fortunate in that […]
College has become something of a Catch-22 for students. It’s impossible to secure even a mediocre job without a college degree, but the constantly spiraling costs of education make it nearly impossible to pay for that necessary degree. For parents of students, it can be tempting to try to help out – by cosigning a […]
Even though my wife and I otherwise fall into fairly traditional roles when it comes to our finances – I’m the breadwinner while she mainly takes care of our family’s daily needs – we always had separate checking accounts. What we do is that I send her a fixed amount at the beginning of each […]
If you’re smart with how you allocate a windfall, even a modest sum can really help you to get and keep your finances on track.
Emergency funds are necessary. We all need to be prepared for those unplanned rainy days. Therefore, it’s not a question of whether or not we need an emergency fund, but how much of an emergency fund we really need. When speaking with others about their emergency funds, I’ve encountered funds anywhere from a few hundred […]
One of the problems I have with goal setting is that I often set too many goals. Indeed, I’ll make a whole list of goals I want to accomplish – only to have most of them fall to the wayside. That’s the problem with setting too many goals. Many of us can’t do that many […]
