Surely, you've heard the advice to cut out discretionary expenses -- such as a daily latte -- to save money. It's true that those small savings can add up and provide a little more wiggle room in your budget. But what about those necessary expenditures?
First, realize that you're not fighting a losing battle. The very fact that you see the problem and want to do something about it means you're already starting on the solution. And you're correct that it is a matter of attitude.
Most of us know we should save more money than we're currently saving ... but that's easier said than done. If you feel like you're scrounging for change and can't figure out how to possibly save more, don't despair.
I have compiled the best money-saving tips I've picked up over the years, as well as those contributed by whom I call the "frugal but fun" community, for going out with friends every now and then without devastating your savings in the process.
You may have heard some buzz circulating around the Internet about the idea of your money or your life. Sounds simple in theory, does it not? Yet, pause for a second and consider whether or not this is actually the wrong question.
Do you get paid every two weeks? Is it challenging that your bills come once a month, but your salary gets pieced out every other week? I've found a method that works well for me and I think it could work for you too!
For a few months I hadn't been able to pay the minimum balance on the card I had, and I was still at a steady pace of charging around $1,000 a month. When I saw the amount of debt I had on my card, I freaked.
Let me share a few financial lessons I learned the hard way when I was just starting out. They might save you a lot of money in the long run and help you get closer to your life goals, whether it's buying a house, starting a family or even retiring early -- as far off as that may sound.
When it comes to making New Year's resolutions, getting into good shape financially ranks right up there with losing weight and eating healthier. All three goals require discipline and planning. Here are a few suggestions for better managing your personal finances in the New Year.
Low pay scales, frequent relocation costs and other financial challenges sometimes cause military families to fall behind on bill payments or even be victimized by predatory lenders. Ultimately, these practices could jeopardize someone's security clearance or even trigger a discharge.
You have to choose according to your means AND pursue the ultimate goal: providing your family with a nutritious and delicious meal, hopefully three per day, including snacks and dessert at least every second or third day. How all of this happens is up to you.
If you want to make the most out of your trip -- whether it's for a quick weekend getaway or a full week of sightseeing -- follow these pointers for ways you can enjoy some of the most expensive cities in the world without breaking the bank.
When you're polling consumers who are buried in debt, it's simple to blame overspending as the preliminary cause, but in reality it's a combination of not having an emergency savings fund, not budgeting, and trying to live the life of a rockstar.
Roommate tensions are not limited to strangers. When cash-strapped young adults return to the nest, or older parents move in with grown kids for financial or caregiver assistance, long-suppressed family grievances can erupt if you're not careful.