When you meet that special someone, you think about spending the rest of your lives together in the perfect home with a couple of kids, a reliable car, and plenty of money in the bank. Often, these dreams don’t come with the financial decisions that must be made in order to get there. When you’re single, it may be easy to go and buy what you want, or spend a fun night out with friends without thinking much about your budget. However, it becomes more and more important as you get older. With that being said, here are some easy ways to make budgeting a priority: [Read more...]
These days, young adults have the potential for long-term debt coming at them from every direction. Credit card debt used to be a big problem for some, but nowadays soul-crushing student loan debt is the culprit just as often. Student loan debt has reached epic proportions and is making a name for itself by burning holes in pockets, checkbooks, and bank accounts across the nation.
A four-year college education can cost as much as $100,000, ranging from $10-20,000 per semester. As the mother of two small children, I find this startling to say the least. Check out this infographic for more frightening statistics: [Read more...]
Being in debt is scary. And, not having the cash you need to pay your bills can seriously suck. That’s why we go into debt, isn’t it? That’s why we spend money that we don’t have. And, it’s ultimately the reason why people do drastic things like selling plasma and taking out payday loans. Big mistake. [Read more...]
A car loan is essentially the same thing as a personal loan – but one that you can only use to purchase a car. That sounds like a bad deal, but the advantage is that the interest rates are usually lower. It all depends on which state you’re in, but you can find APR rates as low as 2.29%. The reason for the reduced rate is because the car acts as security for the bank, so as long as you can be responsible and pay the bills you’ll end up a winner. [Read more...]
Budgets are the foundation of a healthy relationship with money, like cough syrup is the foundation for Lil’Wayne’s creativity. Without a budget, knowing your financial direction is akin to walking in a cave blindfolded; a decision to take a step in any direction could be perilous. According to Gallup’s recent annual Economy and Personal Finance survey, only one-third of Americans keep a budget, meaning two thirds of Americans are financially winging it. This is less surprising than an Anthony Weiner dick joke, but in stating that statistic I look both well read and informed. I am sure you agree. [Read more...]
In case you aren’t up-to-date with the chaos that is currently my life, I’ll give you the short story. Basically, Greg quit his mortuary job in June to try a career in sales. He hated it and decided that a career in the mortuary business wasn’t so bad after all. Fortunately, he was quickly offered a new job at the mortuary where he did his internship 7 years ago. Unfortunately, we have to move. [Read more...]