Savings

A renewed desire to save

Based on a USA Today article, the personal savings rate for the July-September 2008 quarter was 1.3 percent. That means that on average, people saved 1.3 cents of every dollar earned during that 4 month period. Before you say, “that’s impossible”, would you be surprised to know that 1.3 percent is almost two times the [...]

Read the full article →
Thumbnail image for What’s in your wallet? Cash?

What’s in your wallet? Cash?

I had to smile as I read an article in the business section of our local paper. The title said it all and right away I knew that I needed to share it. Last month I posted about another article dealing with the same topic, so maybe there really is something to it. With all [...]

Read the full article →
Thumbnail image for Credit Free Christmas

Credit Free Christmas

Hopefully, you have been preparing for the extra financial impact that Christmas invariably brings with it. We have a separate savings line in our budget specifically titled “Christmas”, so that we know exactly what we can afford to spend on our family and friends. If you haven’t been quite so diligent or if circumstances have [...]

Read the full article →
Thumbnail image for Meanest Parents in the World!

Meanest Parents in the World!

A couple of weeks ago I wrote about our effort to teach our children good financial practices in an effort to keep them from repeating some of the mistakes that my wife and I made early in our marriage. The idea of living on less than you make and saving are very basic and should [...]

Read the full article →

How much can I afford?

This is a question that unfortunately is often times asked in relation to monthly payments. Many people feel that if they can get the payment small enough to fit into their available monthly income, they can afford the item they desire. The problem with this philosophy is that if you are basing affordability strictly on [...]

Read the full article →
Thumbnail image for Teaching your kids about money

Teaching your kids about money

What one thing do you wish you could change about your financial situation? Have you given your children the knowledge to make sure they don’t fall into the same hole? Are you teaching your children the importance of saving for purchases? What about when you go out to the store, do they have certain expectations [...]

Read the full article →
Page 5 of 7
1
...
2
3
4
5
6
7