We all know how important it is to save for retirement. Most of us think about saving. But we’ve all seen the statistics — Americans aren’t the best savers. In fact, one in three Americans hasn’t saved a penny for retirement. It’s not that we don’t want to save, it’s just hard to figure out […]
“Treat yourself” and “YOLO” (you only live once) are popular mantras to justify all kinds of discretionary spending. But how can you splurge on yourself without feeling guilty? Or worse, wiping out your bank account in the process? Consider these five tips for smart splurges.
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 […]
The penny-pinching, side-hustling lifestyle slowly started creeping into mainstream American society around the same time Macklemore and Ryan Lewis’s anthem “Thrift Shop” dominated the airwaves. Considering most millennials graduate college saddled with debt and facing a recession, it isn’t hard to figure out why frugality is in vogue. While keeping up with the Jonses may […]
Food prices at the grocery store are higher than ever. If you’ve looked at the price of tomatoes and thought you could grow food for less money in your garden, you’re probably right. If you want to grow a garden that saves a significant amount of money, however, you have to plan ahead. Going into […]
Everyone has an opinion about money and how it should be spent. Ever hear that you should avoid debt at all costs? Or that home ownership should be your ultimate financial goal? Well, those are common beliefs, but they aren’t necessarily true for everyone. Here, we look at five all too common money myths.
As a new crop of college graduates enter the real world following graduation season, many of them will be new to renting apartments and paying their own credit card bills for the first time. In reflecting on the months following my own graduation and entrance into the working world, here’s what I’d tell my younger […]
Do you need to go on a debt diet? My last son weighed almost eleven pounds and I gained an astonishing fifty pounds while expecting him. When I asked the doctor how to lose that baby fat, his answer was pretty simple: diet and exercise. Maybe it was simple for him, but it didn’t sound […]
Do you take the extra effort to extend the life of your furniture? Do you realize that your furniture is one of the most expensive items in your house right now? If you’re like the average person, your living room set probably cost you over $2,000, and that price only included the sofa, love seat, […]