Category Budgeting

MISTAKES MADE IN THE MIDDLE CLASS (AS REPORTED BY HOLLY JOHNSON ON WWW.THESIMPLEDOLLAR.COM)

In almost every political cycle, you are likely to hear candidates talk endlessly about America’s middle class. But just who are they talking about? Are you in the middle class? And what can people in the middle class do to make smarter financial choices? While there are many competing definitions of who is middle class […]

MONEY MISTAKES WE MAKE WHEN WE’RE YOUNG (AS REPORTED BY MIRANDA MARQUIT ON WWW.MONEYNING.COM)

All Americans, whether they go to college or not, are expected at some point to have the wisdom and experience necessary to make intelligent life decisions. When it comes to managing money, too often we are expected to make decisions before we have the skills or training to do so. And that’s why so many […]

GIVE YOURSELF A RAISE (AS REPORTED BY HOLLY JOHNSON ON WWW.THESIMPLEDOLLAR.COM)

Growing one’s wealth comes from following two simple pieces of advice: earn more and spend less. Easier said than done, sure. But still true. Earning more can come from a raise or a promotion, most commonly. But there’s nothing saying that you can’t take it on yourself to earn more when that raise isn’t coming. […]

THE BASICS OF BUDGETING (AS REPORTED BY STEVE ROUSSEAU ON WWW.DIGG.COM)

Everyone should have a budget, regardless of where they are in life. An accurate budget can do a few things for you. First, it gives you a clear picture of money in and money out. Second, it keeps you from spending more than you can afford. And third, the simple act of keeping a budget […]

50/20/30 Budget Rule (as reported by blog.mint.com)

Budgeting can be a difficult skill to learn for most people. As humans, we have a natural tendency to value the present over the future. And so when we begin making money, we would rather spend it than save it. A simple rule can help you begin to think differently. The 50/20/30 Rule (or 50/20/30 […]

BUDGETING FOR LIVING ON YOUR OWN (AS REPORTED BY BLOG.MINT.COM)

At some point in our lives, many Americans end up living on their own. Whether this is a temporary situation or a part of the plan, it is important to know how budgeting on your own can be different than budgeting for an entire household. For those in charge of all the household’s finances for […]

BEING FRUGAL IS FOR EVERYONE (AS REPORTED BY HOLLY JOHNSON ON BLOG.PERSONALCAPITAL.COM)

Spend less and make more. That’s the simplest financial advice you will ever get. If you do those two things, you will put yourself in position to save more of your money and invest it toward future wealth. However, it is very common for people who begin to earn more money to spend more as […]