The build-up to the 2014 Super Bowl has focused as much on the weather as it has on the Seahawks and Broncos. Given how unpredictable winter weather in New Jersey is, it makes a pretty good metaphor for the uncertainties you face in building your retirement nest egg.
Should we be saving for a rainy day, or at a minimum, retirement?...that's what Susie Orman screams at us through the TV. It certainly sounds like a solid plan, but what if we don't make it to our "golden years?"
As a wedding caterer, I am often called, or shall I say grilled, by couples trying to save money on their special day. I feel sometimes like a used-car salesman with a really great Pad Thai recipe. I wind up advising couples what not to do as much as what to do.
"A penny saved is a penny earned!" Does anyone really live by this creed? Unfortunately, it was adoption of this very attitude throughout last semester that rendered your bank account emptier than your 8 a.m. Monday class.
Financially speaking we all have made mistakes. Even me! I made some whoppers. I'm still human, and from time to time react with emotion instead of logic regarding my favorite green paper. I'm going to share four of those whopper mistakes I made early on.
I've never been a huge fan of exercise. I figured if I did something extreme, like selling my car, I could reduce my carbon footprint while getting healthy and saving money. In 2013, I channeled my inner Forrest Gump and logged over 500 miles. Here are 10 reasons I'm hooked.
Don't let a case of the heebie-jeebies deter you from considering The Compact, as everyone who participates selects their own exceptions. For me, it's socks, underwear, consumables, home maintenance supplies and personal care items.
Not to be confused with consolidating a loan, when you refinance a loan, new lender effectively pays back your old loan and you get issued a new loan at a potentially lower interest rate, with a lower required monthly payment.
You may find it easier to control your budget with cash or a debit card than with a credit card. Credit card interest rates are NOT your friend. Carrying only small amounts of cash will help keep you from making unnecessary impulse purchases.
Many of us spend more time watching TV shows we don't even like than we would need to fix our finances. Just follow these seven easy tips and not only will you be on the road to financial stability, you'll also realize how easy it is to stay on course.
Being around people with a poverty mindset will keep you in your current financial state, if not make it worse. Goals like becoming debt free are tough, so you'll need a like-minded group of people to encourage you along the way.