I once heard Dave Ramsey say that when it comes to getting out of debt and staying out of debt, it is 20% knowledge and 80% behavior. Just look at anyone who’s ever said “I know I shouldn’t (insert bad financial habit here) but I just can’t help it!” Anyone can learn all they want [...]
When most people think of the word debt, they immediately think of credit cards, auto loans, student loans and mortgages. Those seem to be the most common debts in our society today. But there is another kind of debt that doesn’t get as much attention as the previously mentioned, and that is personal loan debt. [...]
A few weeks ago I heard someone say this when teaching about finances: “When we change the way we think about money, it will change the way we handle money.” This statement made me stop and think because I realized that it is so true. I know that when I changed the way I thought [...]
The other day my husband and I went to a specific grocery store that we don’t normally shop at to pick up some ice-cream that was on sale. Normally this particular kind of ice-cream (my husband’s absolute favorite) is at least $4 for a half gallon — and that’s on sale. But this particular week [...]
“No interest and no payments for an entire year!” This statement can stop people in their tracks when shopping and often times is the deciding factor on a particular purchase. But this statement can be a dangerous one if you aren’t careful. No interest = no worries, right? Not exactly. I personally have taken advantage [...]
When setting up and running a household budget, the most important thing is that it works for you and your household. There are many good systems and practices that people may recommend, but the ultimate test of such a system is how and if it actually works in your personal finances. My husband and I [...]
Most people are probably painfully aware that gas prices have been rapidly increasing over the last couple of years (and especially months), thus also increasing the costs of any items needing to be delivered from anywhere, the most common being groceries. Many people are feeling the crunch in their budgets as they find themselves having [...]
I recently discovered a new website that has a wealth of information about saving money on fuel. I’m pretty sure the website itself isn’t new, but it’s new to me and it might be new to you too. The website is Fueleconomy.gov and it run by the US Department of Energy and the Environmental Protection [...]
Since I first became interested in personal finance a few years ago, I have been dead set against buying a new car. As a person who likes to save money, the thought of buying something that would depreciate tremendously as soon as I drove it off the lot made me shutter. Plus there was the [...]
You’ve seen them advertised, you had friends participate in them and maybe even you’ve been sucked in yourself: Get Rich Quick Schemes. If you buy this book about how to invest in real estate, you’ll be rich! If you join this multi-level marketing program you can quit your day job and have more than enough [...]
