Researchers have found that certain characteristics are common to those who are able to successfully build wealth over time. Let’s take a look at them and what they could mean for your personal finances.
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Are Millennials Really Worse With Money?
It seems that in the media, Millennials are constantly getting a bad rap. They are lazy, entitled whiners living in their parents’ basements and sipping expensive coffee.
But we all know Millennials who are nothing like that. Like my son’s kindergarten teacher who spends all day shaping the hearts and minds of 20 little high-energy, snotty-nosed humans, then goes home to take care of her baby and husband (all while pregnant).
Sometimes the only way to reconcile our own experiences with what we hear in the media is with cold, hard facts. This is a money blog, so today we’re going to talk about money. Are Millennials really worse with money than everyone else? Or is that just something that old people say to feel better about themselves?
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How To Make A Budget That’s A GPS, Not A Jail
Budget. It’s amazing how one simple word can elicit so many strong feelings. Bondage, boredom, failure. Restrictive, tedious, controlling. A lot of people only have negative connotations when they think of budgeting, because of what they have heard and experienced.
If you think of a budget as an 8 ½ x 11 (or digital) jail cell, I’m sorry. You’ve been mistaught and abused. It’s not supposed to be that way.
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How To Keep Your Vacation From Destroying Your Finances
Summer is just around the corner, and for many of us, that means vacations! Vacations by nature tend to be a time of indulgence, and it’s all too easy to let it go too far. A 2015 study found that 49% of vacationers accumulated credit card debt when traveling and 68% go over budget.
Your vacation memories won’t be as sweet if you’re still paying the bill four months later. Are the stress and money fights really worth several days of irresponsibility? I don’t think so. But I do want you to have a fun vacation. Here are a few ways you can have a great vacation without sabotaging your finances:
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How To Clothe Your Kids Without Going Broke
At the rate they grow, a kids’ clothing budget can get way out of control. It doesn’t have to, though. Here are three ways to clothe your kids without going broke.
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The Simple Thing That Transformed One Reader’s Marriage
This is the story of a real life couple and the simple changes that they made in their financial life that transformed their marriage and family.
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3 Painless Ways To Cut Expenses In The New Year
Most suggestions for cutting back on expenses also drastically cut back on your lifestyle, like giving up restaurants and new clothes. Is it possible to reduce your expenses without altering your lifestyle? Yes, it is. And it’s a lot easier than you think.
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3 Reasons Your Financial Life Is A Mess & How To Fix It In 2017
If your finances aren’t where you want them, it’s usually due to procrastination, overspending, or ignorance. Here’s how to combat each of those to take control of your money once and for all.
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