Next in my series on personal finance topics that are often scary but don’t need to be, I thought I would talk about how thinking about retirement doesn’t have to be scary. If you’d like to read the first in the series Budgeting Doesn’t Have to be Scarycheck out my previous blog …
There are some personal finance topics that seem to strike fear into the hearts of people everywhere. As we move into October, and Halloween approaches, I thought I would tackle a few of these topics and see if I can make them less scary. Up first, I thought I would talk about …
Saving money has been on my mind pretty much non-stop these last few weeks. I’m not sure if it’s the change in the seasons or the fact that we have some potentially big expenses looming in the not to distant future. But all I can think about is saving. And I have been …
I was talking with a friend the other day, and she was telling me about some big expenses she and her husband had coming up. They had all the money they needed saved in their sinking fund…with extra to spare. But she was having trouble pulling the money out of the account. What …
Was one of your goals for 2020 to start crush your debt repayments? Even with all the crazy twists and turns 2020 has thrown our way, there is still time to make progress on your goals. The problem with paying down debt is that it can feel so overwhelming. When you see the …
Did you know that there are five factors that affect your credit score? When I was first starting out on my personal finance journey, my credit score felt like a mystical number that appeared out of thin air. I didn’t understand how it was calculated and I wasn’t really clear on how …
Did you know that Christmas is 18 weeks away? I know, 18 weeks seems like a long time, but it will be here before we know it. And with the holiday season approaching, it is important to start thinking about your creating a holiday savings plan. Holiday Spending Adds Up: According to …
We all know that it is so important to save money. But what specific accounts do you need? How do you know where to save them? And how can you figure out how much to save? Here is my list of six savings accounts, that at a minimum, every family should have 1. An …
Budgeting with the Envelope System I first heard about the envelope system during graduate school. I was searching for better ways to manage our finances. We had just moved several states from home, and I was working as a graduate assistant. And my fiancé was working retail. We were broke. I was researching different …
When you tell someone you’re saving for a house, chances are you mean that you are putting away your hard earned money to be able to make a down payment on the home of your dreams. You’ve probably even set up a special house savings account. But once you’ve made the …
