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 …
I was talking to a friend the other day who was in the process of purchasing a new car. She was very excited, but also worried about the impact the monthly payment would have on family’s bottom line. During our text exchange she made a comment about their “sinking fund” that they …
On April 15th, the first Economic Impact Payment checks were direct deposited into bank accounts. Since then, more direct deposits have been made and paper checks should start being mailed out in May 2020. These checks are part of the government’s relief efforts to help the economy as a result …
I don’t know about you but as the quarantine in my state gets extended out, I am working hard to find ways to entertain myself. And often, I find myself browsing online retailers or clicking on Instagram ads “just to look” but then contemplating spending money (or actually doing it). Retail therapy, …
