For most people, a home is the biggest single purchase that they will ever make. When you are in the early days of home ownership, and you are simply excited to have your name on the deed, paying the mortgage each month doesn’t feel like a burden. In fact, it can almost be exciting knowing… [Read More]
Understanding Why You Buy Can Prevent Overspending
Certain purchases in life are inevitable. Without food, shelter, clothing, and other necessities, life gets rather unpleasant rather quickly. However, just because we need certain items and services doesn’t mean we have to overspend on them. And when we overspend on needs and also overspend on wants, one’s financial picture starts looking a bit bleak…. [Read More]
How To Employ Practical Spending To Avoid Debt
Irresponsible and unmindful spending leads to debt. Nowadays, people prefer to use their credit cards in purchasing instead of cash. Because of this, they tend to overspend and abuse the purchasing power their credit cards hold. Only when this unconscious habit has been translated into accumulated credit card notification letters do they realize their overindulgences…. [Read More]
10 Reasons You Are Still Poor
The following is the first staff post by SB; please join me in welcoming him to the site! Poverty is not only a state of being; it is a state of the mind. You are poor because you want to be poor, not because your parents were poor, or because you were born into a… [Read More]
5 Ways to Help Your Kids With Their Finances
This is a post by David Bakke, father of a young son, and contributor for Money Crashers Personal Finance, a blog focused on sharing tips on money management, investing, retirement, and more. My parents did their best to make sure that I knew the value of a dollar and how to spend my money wisely…. [Read More]