The other day, I published the article Paying Off Your Home Early. Like I said the other day, some people have a goal of paying off their homes early. I am one of those people! Many people choose to pay off their home at a quick pace because it can really help lower a person’s budget. Many people have mortgages that consist of around 30% (and sometimes even more!) of their monthly income, and lowering a person’s budget by that much can really help a person out. It can make life seem much easier knowing that you have one less...
A New Generation of Money Management
Personal Finance
Should You DIY Holiday Presents?
We are finally just days away from the biggest gift giving holiday of the year. Yes, CHRISTMAS! If you have not completely your holiday shopping, you might be thinking about DIYing some presents. However, how do you know if that’s for you? In today’s post, we will be discussing some of the different options for someone who is interested in DIYing holiday presents this year. Do you have time to DIY holiday presents? Since Christmas is only a few days away, do you even have time to DIY a holiday present or even multiple holiday presents? You might if you...
Balance SheetsCredit CardsPersonal Finance
5 Reasons To Pay Off Your Debt Today
Do you have debt? Sadly, too many of us out there do. Debt can be a real killer though, and there are many reasons for why you should get rid of it. Below are my tips so that you can get rid of your debt today and not feel stuck because of it: 1. You’re probably wasting a lot of money on interest. If you have debt, then you most likely are sending some money to interest. Unless your debt is at 0%, then your debt is not free. Have you ever stopped to see exactly how much of your...
Advice Before You Buy a Home
Before you really start getting into the home buying process, there are many things that you need to know. Buying a home is one of the biggest purchases that you will ever make (I can’t think of many things that would be bigger), and because of that you want to be careful with what you do. Improve your credit score. Before you start looking at homes, you should know what your credit score is. If it is too low, then you may not even be able to get approved for a mortgage. If your credit score is low but you...
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Budgeting Tips for the Time Poor
In today’s day and age, finding the time and effort to save money can seem near impossible. Spending money often makes life more convenient and easier to handle. Unfortunately, if we get into the habit of spending to save time, we can find ourselves in financial hardship. If you ever find yourself in debt consider contacting financial management professionals, such as Debt Rescue, to help you. Bring Coffee and Lunch from Home In the every day hustle and bustle of life, buying a coffee in the morning and lunch at work can seem like a great idea. Sadly, all of...
Costs of a Cruise
If you’ve never been on a cruise, then you have probably wondered whether or not they are worth the cost. There are many factors that come into play when talking about the cost of a cruise, and today I will discuss those with you. Your fare. The first cost that you will have to pay in order to go on a cruise is your initial cruise fare. This can vary greatly. There are cruise ships where you can spend $200 on a 3 night cruise. Then there are around the world cruises that can cost tens of thousands of dollars....
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What Size TV Should I Buy?
There are a variety of different TV sizes you can purchase. Some go small and invest in a basic 37-inch flat screen, while others opt for a large 90-inch. Obviously, your budget might dictate what TV you can afford. However, there are other factors that can influence which TV size you choose. To help you choose the right option, check out these tips.
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Investment Tips for Beginners
Investing can be a lucrative opportunity for beginners to make a substantial amount of profit. The processes revolve around the concept of allowing one’s money to work for him (or her) as opposed to remaining in the bank and accruing a minimal amount of interest. Still, this is quite a complicated area and it proves wise to take a look at a few sure-fire tips which can help novices find success. Consider a Life Insurance Policy Even those who are relatively young should at least get a life insurance quote. This is important for two primary reasons. Obviously, such a plan will...
Balance SheetsPersonal Finance
Tips and Advice For Opening Your First Bank Account
No matter how old or young you are, you should never feel ashamed that you don’t have a bank account. Today, we will be discussing opening a bank account, and luckily it’s not that difficult. Below are my tips and advice for opening your first bank account: Do you want an online bank or a brick and mortar bank? For me, I prefer a brick and mortar bank, but I know many others prefer an online bank. There really is no right or wrong answer because everyone is different and there are positives and negatives to each. My absolute favorite...
Personal Finance
How To Save Money On The Holidays This Year
The holidays are close, does that scare you? It scares me! It definitely crept up on me this year. Thanksgiving in the United States is just next week, and Christmas, New Years and many other significant holidays are next month as well. The next 45 days are usually a somewhat expensive time of the year for many people because of all of the holidays. Due to this, I wanted to create a blog post today about the different ways a person can save money during this time of year. Yes, it is possible to not completely bust your budget! Some...