A Personal Finance Blog for Regular Folks
Personal Finance is a catch-all for anything that falls under the umbrella of taking care of your money. A lot of people think of their personal finances as some "other" thing they don't always have to pay attention to. I think it's integral to your life and health.
Take a look at the articles below and get your personal finances in shape.
When a couple gets married, one of the first things that have to decide is who will pay the bills and make financial decisions.
Ideally, both people in the relationship would make joint decisions and have open discussions about their finances, but unfortunately, this seems to rarely happen. Instead, they may talk out large purchases, but the day to day household spending, budgeting and bill paying seems to fall on one partner.
This is generally a bad idea for both parties.
There are few things in life as traumatizing as the death of a spouse.
Whether your spouse passes suddenly, in an accident, or suffers from a long-standing illness, it’s hard to face life without your companion and partner.
And one of the most difficult things to work through is the money.
When you lose a spouse, there are financial implications — especially if you aren’t the primary breadwinner.
While it isn’t pleasant to think about the loss of a spouse, the fact of the matter is that you need to consider the possibility, and come with a plan to ensure that your finances survive the blow.
Having trouble tracking and managing your finances? Maybe you need a little help!
There are web based financial management tools that can help you get the job done if that’s where you need to go.
At the top of the list is Mint.com.
Should you try it and see if it can help with your money management? Millions of people are doing just that.
[Read more…] about Mint.com Review – Manage Your Money Online Free
My grandmother was a young bride during the Great Depression, and some of the frugality she practiced during that time never left her. When I was young, I routinely saw her washing aluminum foil and plastic bags for reuse.
She and my grandfather lived in a trailer park during retirement to minimize their monthly expenses, and when my grandpa died at 88 and later my grandma at 90, they still had a enough money left to give a small inheritance to their nine children.
That type of sacrifice and money management is seen less often nowadays.
In fact, we routinely hear about college students who graduate with thousands of dollars in both student loan and credit card debt and struggle to find a job and pay their bills.
Yet, as a parent, there are three important things you can do for your teen to put them on the financial track that will lead to a life of prosperity.
[Read more…] about The Three Best Financial Moves You Can Make for Your Child
It was a little over two years ago that I completed all 26.2 miles of the ING NYC Marathon. This past weekend over 40,000 people ran the race. Let me tell you running a marathon is an awesome experience! There’s a lot of work and pain but it’s all worth it once it’s over.
Know what else is a lot of work and pain but well worth it?
Taking care of your personal finances!
In fact there are a lot of similarities between running a marathon and personal finance.
[Read more…] about 10 Things Similar About Personal Finance And Running The NYC Marathon
