Budgeting for Entertainment and Leisure

Budgeting is daunting, especially since it means cutting down on how much money you can spend on entertainment and leisure. No matter how tempted you are to cut fun spending altogether to reach your financial goals faster, make ...

Why You Need to Know Interest Rates

When you invest your money or take out a loan, you’re affected by an interest rate. Understanding what an interest rate is and how it works impacts how much money you keep or how much you pay out. To help you navigate the interest ...

Identifying Your Wants Vs. Your Needs

The foundation of successfully managing your finances is budgeting, and a pillar of budgeting is learning to distinguish your needs from your wants. If you can’t differentiate those, you could wind up overspending on luxuries ...

3 Reasons to Maintain a Physical Check Register

Thanks to the internet, it’s a snap to open up your account information with your financial institution and look at how much money you have available. That might convince you that some tasks, like balancing a checkbook and maintaining ...

The Finances of Paying Your Own Salary

As an entrepreneur, you’ve probably considered and calculated a myriad of expenses, including the cost of inventory, rent, utilities, shipping and equipment. But have you considered how much you’ll be paid for your time and ...

Budgeting for a Big Vacation

Want to take a big trip after it’s safe to travel but don’t think your bank account can support it? Effective budgeting can help you plan and save the money for a vacation even when finances are tight. Regardless of where ...

How to Live on a Fixed Income in Retirement

Before retirement, you probably had the chance to increase your income, such as by earning promotions or changing jobs. But during retirement, it’s more common to live on a fixed monthly income determined by your savings. This ...

Save Big on Your Wedding with These 6 Tips

Your wedding will be one of the most important days of your life, but planning the big day can be a budget-straining experience. These tips will help you and your partner achieve the ceremony and reception of your dreams — while ...

Three Things You Should Know Before Consolidating Debt

Consolidating debt is a common and proven debt management strategy. In short, it involves combining multiple debts into a single payment, making your overall debt easier to handle. It may even reduce total debt via lower interest ...

Don’t Forget These Hidden College Costs

College costs go far beyond tuition — according to a study by the College Board, 61 percent of college costs go towards expenses other than tuition. While you may begin your academic career expecting to pay for books, room and ...