13 budgeting myths that keep you from tracking your money

13 budgeting myths that keep you from tracking your money

Does budgeting make you hurl? You may think budgeting is utterly boring and useless. Or you might think it’s only for the rich. After all, richie rich people have a ton of money, they need to keep track of their finances somehow. These, however, are common misconceptions. Budgeting myths that […]

What is a 403(b) plan and how does it work

What is a 403b plan and how does it work

What are 403(b) plans and how do they work? Most of the time, the spotlight is on the 401(k) plans. A 403(b) plan is equally important though. It’s just aimed at a different group of employees. When a company hires you, one of your very first tasks as a new […]

9 financial aspects that don’t impact your credit score

9 financial aspects that don't impact your credit score

How much do you know about credit history? Are you aware of the factors that influence it and financial aspects that don’t impact your credit score? Credit scores range from bad (300 – 629) to average (630 – 689) to good (690 – 719) to excellent (720 – 850). How you […]

5 extremely cheapskate things I wouldn’t do to save money

5 extremely cheapskate things wouldn't do to save money

Is saving money a priority for you as well? Good. Living below your means is always a good idea, if you plan to meet certain financial goals sooner rather than later. However, no matter how aggressive saving money gets, there are certain extremely cheapskate things I wouldn’t do to save […]

30 step checklist for financial freedom

30 step checklist financial freedom

As the Financial Literacy Month comes to an end this week, it can’t hurt to take a moment and look at the 30 step checklist for financial freedom. The guys over at Money Management International did a great job coming up with a 30 day plan to help people achieve financial […]

Alternative ways to save for retirement without a 401(k)

Alternative ways to save for retirement without 401(k)

Saving money for retirement can turn out to be quite a financial challenge, especially if you don’t have access to a traditional retirement savings plan. So, what are some alternative ways to save for retirement without a 401(k)? Smaller financial goals, like building an emergency fund, are definitely less scary than saving […]

Consequences of a bad credit history

Consequences of a bad credit history

It’s no secret that poor financial money management leads to suffering the consequences of a bad credit history. Maintaining a good credit score is important. Although it seems average scores continue to rise each year, there are still plenty of people who struggle with a poor credit history. And anything below 580 is […]

10 ways to budget money on a low income

10 ways to budget money on a low income

Are you currently living paycheck to paycheck? Well, then you’re not the only one finding it difficult to budget money on a low income! Many people have absolutely no idea where exactly does their income disappear. It’s a total mystery for most low income families, which is a shame since this […]

6 kitchen appliances that save time and money

6 kitchen appliances that save time and money

Kitchen tools! How would we even enjoy cooking without certain kitchen appliances that save time and money?  Knowing how to grocery shop smart is definitely important (regardless of the size of your budget) but cooking every meal from scratch is, without a doubt, the n°1 way to save money for every family living paycheck to paycheck. The […]

Advantages and disadvantages that come with a credit card

Advantages and disadvantages that come with using a credit card

What do you think are some advantages and disadvantages that come with owning a credit card? The joy of buying something on the spot just by swiping your plastic comes with pros and cons. Being able to afford almost anything if you keep one in your wallet gives you certain advantages, but side […]