Many people think budgets are about deprivation. As a financial advisor, I feel they are about liberation. Here's a simple three-step plan to create a budget that you will feel excited to follow.
Everyone is tired of hearing the phrase "fiscal cliff" and you may think it's old news, so why should you explain it to your kids? Because it is a good opportunity to revisit your lessons on family finance and budget.
I hadn't intended not to spend any money, but the next morning, when I went to log the previous day's spending on my spreadsheet and realized I hadn't spent a single cent, I felt a small thrill. In my battle with my debt, I had scored an easy win.
I hadn't intended not to spend any money, but the next morning, when I went to log the previous day's spending on my spreadsheet and realized I hadn't spent a single cent, I felt a small thrill. In my battle with my debt, I had scored an easy win.
This year, as millions of students begin college or their college search, their parents will go along for the ride literally, figuratively and financially.
My wife and I learned our lesson and started setting aside money each month for the inevitable -- and unexpected -- expenses that crop up each fall. If you're new to this process or simply want to save money and time, try these tips.