Most mainstream financial advisors will suggest that you should keep some money aside in a special savings account for emergencies. This seems to make sense, say if there’s something such as a car accident, an unexpected medical expense, or something goes wrong in the house, there’s money to take care of whatever needs to be [...]

Posted in emergencies 2 Comments »

Trent over at the Simple Dollar gives a great idea to those who are impulsive, freeze your credit cards. This will make it so you can’t get at them very easily, and will be forced to wait if you want to make a purchase.
FMF over at Free Money Finance takes a look at what a [...]

Posted in this week in personal finance 1 Comment »

College tuition is increasing at an average rate of 7% annually. This is well above the rate of inflation, and students are borrowing money to pay for their education more and more through student loans. If you think about it, getting $50,000 to pay for college (or more, depending on where you go) is no [...]

Posted in college, debt 1 Comment »

A lot of writers enjoy the hobby of writing, but they don’t enjoy the business of writing. It’s fun to actually write, but getting one’s articles published is extremely difficult and competitive. There are hundreds of thousands of other writers who are all hoping for publicity and fame too, and it’s very easily to get [...]

Posted in making money 1 Comment »

Clark Howard is an increasingly popular financial guru who has a syndicated talk radio show in the United States. He’s a self made millionaire who made his fortune in out of all places, the travel agency business. He bills him self as a “consumer warrior” and the tag line for his radio show is teaching [...]

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American households are finding themselves with major financial problems more and more these days as the amount of available consumer credit keeps going up, and advertisements for such products is everywhere. The credit card industry alone sent out over 6,000,000,000,000 offers for new credit cards last year alone. Many people keep borrowing and borrowing without [...]

Posted in debt 1 Comment »

When most people go shopping for a home, they get what’s called “house fever.” They decide that they want a house, and won’t let anything get in the way of them doing so. It doesn’t matter if they have a lot of debt that they need to take care of, or have no money put [...]

Posted in real estate 4 Comments »

I recently discussed whether or not online savings accounts have become a viable alternative to traditional banks in an article entitled, “Online Savings Banks: Should You Make the Jump?” I looked at the benefits, and the drawbacks. Overall they are a very good product, as long as you find a quality online savings bank to [...]

Posted in banking, online savings, personal finance basics No Comments »

Whether you know it or not, over half of your annual income is going to the government. You might think that it’s not that much because all you see is what is taken out of your paycheck, however after delving deeper in, you’ll find out that you’re being extremely highly taxed.
Think about it. In addition [...]

Posted in Giving, taxes No Comments »

If you’re an adult and not a stay at home mom, chances are you have a full-time job which keeps you from being at home from eight in the morning to five at night. Unfortunately the eight-to-five gig doesn’t always pay all of our expenses, and we have to find a secondary source of income. [...]

Posted in business 1 Comment »