A family’s budget fluctuates throughout the year. Winter and summer are potentially more expensive than spring and fall. Winter has holidays, increased heating expenses, the need for warmer clothes, and school expenses. Summer is when people travel, the kids are out of school, and more meals are provided at home, and there are summer activities…
There are a lot of items we need to buy in life that will be permanent fixtures in our homes. We need a bed to sleep in and a stove to cook dinner on. We need a regular supply of clothing and food because these are essentials. They aren't things you use for a special…
The housing market is not in good shape. You know it, I know it, the housing market knows it. It's becoming miraculous to be able to afford a home by the time you're in your 30s. As such, anyone who wants to enter the housing market must work hard to save for a deposit plus other…
Shopping at the grocery store can be pretty bothersome and time-sucking, which can make it difficult to go unless you absolutely need something. The amount of money that you spend can also be difficult to justify, making it even worse to be in the grocery store for very long, especially in these times of inflation.…
Planning and managing your budget is extremely important. It is especially important in these times when inflation is on the rise. The line between one’s needs and wants has clearly blurred in the aftermath of the pandemic. To escape the emotional trauma of it all, people have been resorting to take-outs and weekend getaways. On…
Once you find out you’re pregnant, it’s time to re-evaluate your finances. As a couple, you probably already have a budget, including monthly expenses, retirement, and free money. However, those figures can change once your baby is born. There are a lot of hidden expenses you might not think about until you have to pay…
My husband and I just celebrated our 8-month anniversary! And as I think back through the financial details of our big day, I thought it would be helpful for brides and grooms-to-be to hear about some of the financial wedding pitfalls we encountered -- and what tips we learned from them. 1. Make…
One big challenge that many of us face is trying to get on top of our vehicle expenses. From gas to insurance, registration, and maintenance, it can certainly be overwhelming. However, instead of giving up and selling your vehicle altogether, there are some things that you can try first to reduce your vehicle costs. You need…
The following is a guest post from Ron at The Wisdom Journal: So you’re ready to begin investing. You’ve paid off all your high-interest debt, have 3 to 6 months of living expenses socked away in a liquid account, and you’ve developed a working budget that leaves cash each month for investing in the stock…
Being more frugal and reducing your expenses means you will have more to set aside for emergency expenses or the future. And looking for methods of cutting back is something you can get the entire family involved in. It's a great way to teach kids of any age the importance of budgeting. Paying Off Debt…