A strong personal economy has, historically, been built on traditional pillars: Make smart investments, manage expenditures, and build sound credit history. But in today's increasingly interconnected world, that alone won't cut it.
For the first year after the divorce was final, my auto-response to just about every question that flew out of the mouths of my three sons was "YES!" It was an automatic, rapid-fire and knee-jerk reaction to each and every query.
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.
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.
Paying additional fees for a credit card or bank account might not sound smart, but it can sometimes prove rewarding. Forking out money for fees is something to consider before you overlook places you could be saving.
Financial technology can save you money. Whether helping you avoid pesky fees, misleading subscriptions, or even just saving you time, a new wave of financial tools are gaining traction because, hey, who doesn't want to save money?
People across the country are finalizing their plans and wallets for spring break. As many Americans hit the road for vacations and family trips in the coming weeks, ensuring easy access to cash will be an important part of their vacation planning.
Have you ever stopped to consider how much money you spend on alcohol throughout the week? Obviously, if you don't drink, you're ahead of the game. However, even infrequent drinking can have a significant, long-term financial impact.