The following post is from Madison of My Dollar Plan and Kids and Money at about.com: Flexible spending accounts, or FSAs, are a great way to save money. And if you are like me, you love to save money! You can use flex spending accounts to purchase health care needs using pre-tax money. These purchases…
Each week here at Life Your Way, we focus on one five-day challenge. The challenges will take place on a different channel each week and include small, measurable goals to help you improve your life. This week's challenge is to track your spending. In any household, discovering and plugging "leaks" in your budget is an…
The following quick tip comes from Tacy from Homemaking Habits: We needed a simpler way to keep track of expenses, so we turned a bulletin board into a method for tracking our income and expenses. How-To First, we labeled the various categories, and after this photo was taken, we added the budgeted amount to each…
With just a little over a month to go until Tax Day on April 15th (also the 11th anniversary of when my hubby and I started dating, back before Tax Day really meant anything to either of us!), I'm embarrassed to admit that I have barely even started my tax preparation. I'm hoping to make…
Earlier this week, we talked about your best financial tips, tools for budgeting and the pros and cons of different investment options. Today, I want to take a look at some additional financial tools that may help you stick to your budget and save for financial goals. Creating Sinking Funds or Bucket Accounts Some people…
Before I get started sharing the pros and cons of various budgeting programs, I wanted to point you to the comments on Monday's question of the day. Many readers have been sharing tips for budgeting, and it's definitely worth the read! In the past, I've used software programs like Quicken for our personal and business…
This week we'll be talking about organizing your finances, with a look at various budget programs, investment options and tools for meeting your savings goals. To kick it off, I thought I'd start with a question of the day: How do you organize your finances? Do you use a budget? What budget system do you…
Join us all month for 31 Days of Organizing for a Better 2010! As I mentioned before, financial goals are some of the most popular resolutions that people make every year. We've talked about getting out of debt and building your savings, but what about other financial goals, such as saving up to buy a…
Join us all month for 31 Days of Organizing for a Better 2010! It's said that the average American household has more than $8,000 in consumer debt, not including cars or homes. That's a lot of money to owe other people, especially when you factor in month interest payments on that amount! There is no…
Join us all month for 31 Days of Organizing for a Better 2010! Over the past couple years, the economy has wreaked havoc on millions of families' financial stability. Layoffs, the housing bubble and reduced spending have impacted many, many people and illustrated the importance of having money in savings for times such as these.…