Personal Finance Advice

It is hard for me to believe that I have been writing here at Saving Advice for close to two years now. After about 150 columns, I am pleased to count many of you among my new friends! I’ve also developed a sense of how readers are likely to react to anything that I write. [...]

This is a series of posts about what you will find in Dave Ramsey’s Financial Peace University course. This is week three (week one and week two) The lesson for this week was cash flow planning, also known as budgeting. You could see everybody approaching this lesson with trepidation. Not only does it mean more [...]

I remember when I was a kid, my parents would take the time to show me how money worked. (This was in the days before ATM’s and online banking.) My mom would show me how to write a check out to “cash,” hand it to the teller, and get cash in return. She showed me [...]

I’ve been giving this some thought lately and I’m beginning to suspect that time moves differently for debt free people than for those with loads of debt. Speaking from my own experience and the experiences of other debt free people that I know, the debt free seem to experience life at a much slower pace [...]

When people set out to make a budget or adhere to a financial plan, they sometimes make things so complicated that they have no chance of success. They set up accounts at many institutions, they open ten credit cards to maximize the rewards, they make too many rules about what can and cannot be bought, [...]