We know we need budgets. They’re absolutely essential to good management of our finances. Creating a budget is also the last thing most of us want to do. We may have no idea where to start. The idea of budgeting sounds like the stuff of ledger books tracking every dime we spend, or worse yet, […]
Pay yourself first. Set financial goals. Automate your savings. It doesn’t matter which version of this personal finance mantra you’ve heard, it all means the same thing: saving money is an important part of your financial health. But with the millennial generation dragging a weight of debt behind them and some boomers still licking their […]
Guidelines are helpful tools, but generic personal finance advice can ultimately end up hurting your wallet. Your budgeting strategy needs to be tailored to your specific money goals. Tips like 50/30/20 can help get you started, but what if you live in an expensive city like New York or San Francisco and 50% of your […]
The mortarboards have been flung, tassels are hanging from rearview mirrors and a new group of college graduates are staying up until 3 a.m. submitting their resumes to every job opening they can find on the worldwide web. It isn’t just the angst of entering the workforce and desperately seeking employment that keeps young millennials […]
Last year, my boyfriend and I celebrated Christmas with tickets to see the Broadway musical “Wicked.” Caught up in the splendor of the holidays in New York City, we decided to indulge in some horrifically overpriced theater cocktails. As the bartender began pouring my boyfriend’s gin and tonic, he asked “Just one shot or would […]
TaxACT Weekly Favorites: November 15, 2013 With stock market soaring, your 401(k) may need a tune-up via Mark Miller Stocks are in record territory, which probably is great news for your 401(k). Fidelity Investments reported Thursday that average account balances hit a new high in the third quarter, propelled mainly by surging equities markets. Continue […]
Have you started managing your personal finances? Need some actionable tips you can put to use today?
You don’t need to start earning a six figure salary or own a business spanning several states before you start managing your personal finance. In fact, if you delay, you might never achieve your financial objectives.
Here are the basics you need to know and practice.