Tag Archives: Budgeting

Your Child Could Be Heading Toward Financial Failure If…

By Gregg Murset If you haven’t heard the famous stand-up comedy routine of Jeff Foxworthy I would suggest taking a few minutes to pull some one-liners up on the Internet before reading the rest of this piece. Foxworthy has worked … Continue reading

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Just Because It’s Not In the Budget Doesn’t Mean It’s an Emergency

A friend of mine has been freaking out the last couple of weeks because her oldest child is graduating from high school this year. While she’s thrilled about this, she’s worried about the money. “I’ve got to get him a … Continue reading

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10 Daily Actions Keeping You in Debt

It’s hard to get out of debt. Sometimes it’s easy to feel that no matter how hard you try, you’ll never be able to pay off all your debt and expenses. While you might have reassessed your finances and figured … Continue reading

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Should Income Be “Disposable?”

One of the financial phrases that always irks me is “disposable income.” Disposable income is money that has no designated purpose and thus can be blown on anything you want. It’s money that is not “needed” to meet your obligations … Continue reading

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Take Responsibility for Your Purchasing Decisions

Last week I had the misfortune of witnessing a messy exchange in the return line at a local department store. The woman ahead of me was trying to return some items that she bought and had apparently decided that she … Continue reading

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I Want That: Day 30 & 31

I rarely get the consumer bug. Anyone that knows me well also know that if you want to take me shopping, chances are you’re going to have to drag me screaming and yelling the entire way. I rarely “lust” after … Continue reading

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Bye-Bye $485: Day 29

Reality set in today as I received my monthly health insurance bill: a painful $485. That will be nearly $6,000 a year out of the $17,000 budget or about one-third of all the money I have. This makes it very … Continue reading

Posted in Health, Insurance, Minimum Wage Challenge, Personal Finance | Tagged , , , , , , | 7 Comments

Don’t Count on Windfalls

I’ve spent the past couple of weeks listening to the bitter complaints over the “loss” of the two percent Social Security tax holiday. In case you’ve missed it (or you aren’t from the U.S. and didn’t follow our “fiscal cliff” … Continue reading

Posted in Budgeting, Personal Finance, Taxes | Tagged , , , , , , , | 6 Comments

The Significance of Income Level

When people start throwing around financial advice (and when you’re deciding which advice to take), one of the considerations that often gets ignored is the significance of income level. Advice gets thrown around about what to cut and how to … Continue reading

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Preliminary Basic Budget Minimum Wage Challenge

I hate budgeting. I simply don’t like taking the time out of my day to run through the numbers when I could be doing so many more interesting things. One of the reasons that I think that I am relatively … Continue reading

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Budget Categories Are Not Licenses to Spend

On one of the financial forums I frequent, a woman who was deep in debt posted looking for help. The main problem was that she couldn’t understand how their debt had ballooned because, “We have a budget.” When other posters … Continue reading

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The Top Ten Things that Ruin Budgets

By Mitchell D Weiss Budgets are a necessity to keep personal finances in order, but they aren’t necessarily easy to keep.There are plenty of things that can quickly ruin a budget and ruin the best laid financial plans. Here are … Continue reading

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11 Ways to Get Into an Expensive Hobby Without Busting the Budget

In the last six months or so I’ve discovered a new hobby: Board games. I’m not talking about games like Trivial Pursuit, Monopoly, LIFE and the like that are available at the big box stores. I’ve discovered what are commonly … Continue reading

Posted in Budgeting, Entertainment, Personal Finance, Saving Money | Tagged , , , , , , , , , | 2 Comments

The Road To Wealth

This is a guest post by Ashley at Money Talks The road to wealth may not be a smooth ride, but the fact remains you are either moving towards wealth, or you are moving towards poverty. Everyone moves along this … Continue reading

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Even the Wealthy Need A Budget

Many people think that becoming wealthy means that they no longer have to budget. The logic goes that if you have enough money, it’s no longer important how much is spent on various categories. When you have extra money, you … Continue reading

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What Traveling While Broke Taught Me About Finance

When I was younger I traveled extensively on very little money. I still travel frequently, but these days I have a little more money and I prefer more comfortable experiences. (It’s just not as comfortable to sleep on the floor … Continue reading

Posted in Holidays, Personal Finance, Travel | Tagged , , , , , , , | 1 Comment

Change Your Thinking

I’ve noticed that when most people think about their finances, they think in terms of their income and expenses. They think about how much they make per week or month and therefore that is how much they have to spend. … Continue reading

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Businesses That Should Not Be Thriving

I have recently read a number of articles about the businesses which are being hit the hardest by the current downturn in US and well as the global economy. This got me thinking about the businesses that should be affected, … Continue reading

Posted in Budgeting, Cars, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , , | 7 Comments

Purchase Price Vs. Cost of Ownership

When we shop, most of us are heavily influenced by the purchase price. For example, we see an iPhone in the store and think, “Oh, it’s $300. I have that much in my account, I can afford it.” What we … Continue reading

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Use the Emergency Fund or Not?

I have a friend who recently lost her job. She’s not the only income earner in the household, but she does contribute a good bit to the family’s finances. Fortunately, she has a three month emergency fund saved up. However, … Continue reading

Posted in Budgeting, Personal Finance, Saving Money | Tagged , , , | 13 Comments