Reevaluating your finances and making changes can seem overwhelming, but it doesn’t have to be. Here are eight small changes you can make in 2023 that can lead to huge savings.
Looking to take a trip this winter, but afraid of how much it will cost? Here are five tips on how you can vacation without breaking your budget.
From birthday and holiday gifts, to allowances and part-time jobs, children slowly begin to earn money as they grow up. Some high schools teach personal finance as part of their curriculums, but students still find it difficult to navigate the world of spending and saving. With student loan numbers rising, it is important to talk to your children about how to save money from an early age.
Do you know of David Bach? If you'd like to be a millionaire, then you should. Bach became a self-made millionaire at age 30. And with his book The Automatic Millionaire, he's more than happy to share his tips to help you get there, too. So, here are 5 of Bach's best tips from The Automatic Millionaire.
You’re driving down the road and your tire blows out. You’re sitting at home and see water leaking through the roof. You’re trying to cook dinner, but your oven won’t turn on. These are all events that can happen to anyone, but you can be prepared to handle these circumstances if you have an emergency savings fund.
First, let’s clarify emergency savings from your regular savings. Your regular, day-to-day savings account might have funds that you’ve been saving to purchase that new TV or latest espresso machine.
Your emergency savings fund is different and should be kept separate from your fun savings.
Let’s explore common questions when it comes to emergency savings.
If you're planning to get a tax refund this year (or you already have), it's important to have a plan for your money. Without giving your money a purpose, it's easy to spend on unnecessary things. Giving your tax return a plan can set you on the right track financially for 2023.
If somebody can become wealthy on a barber's salary, then they're obviously doing something right. That's the premise of David Chilton's financial self-help book "The Wealthy Barber". He offers a commonsense guide to becoming financially independent. In the spirit of efficiency, we have summarized his five key tips.