Your finances can spiral out of control before you even realize it’s happening. Dealing with out of control finances can be stressful, but with time, effort, and patience, you can regain control of your finances. Learn to say no – even to yourself. It’s easy to lose control of your finances when your money is allocated to too many different things. Take back control by cutting out unnecessary expenses, even some things that you enjoy. Be...
When you’re job searching, you expect for it to take up a large portion of your time. However, you might not expect it to cost a lot of money. Sure, you’re looking for a job so you can make money, but you may have to spend a little money in the process. Here are a few job search expenses, you might have to pay as you seek new employment. Professional clothing. You may have to spend...
Many people put saving money at or near the top of their list of financial goals. Still, saving money can be tough for people at all income levels. If you've been working toward building a bigger savings, use these tips to help reach your goal. Spend less than you earn. Perhaps the most important thing you can do to build your savings is to reduce your spending. Creating a gap between your income and your spending...
Credit card debt can strain your finances in a number of ways. This is even more so the case when your debt is spread across a variety of cards. If you find yourself juggling multiple credit card balances, here are three tips that are sure to help: 1. Know Your Debt In short, you need to know how many credit cards you have, as well as the debt associated with each one. This isn’t a time...
We’ve all heard the stories. A successful entrepreneur used multiple credit cards to get his or her company off the ground. While this is definitely one of the quickest ways to get your hands on money to start or grow a business, it’s important to understand the risks associated with the strategy. Here are some of the primary reasons to avoid the use of a credit card to launch your business: 1. High Interest Rate With...
Choosing your first credit card as a student can be confusing. With little or no previous credit card knowledge or experience, it’s easy to pick the wrong credit card. Unfortunately, choosing the wrong credit card can lead to serious credit problems that affect your life for years to come. Here are some of the most important things to consider as you choose your first student credit card. Reputable credit card issuer. Picking a credit card from...
When shopping for a home, there will soon come a time when you turn your attention to the mortgage process. In other words, you’ll need to answer this question: which lender can provide you with the best loan product? Rather than beat yourself up, rather than worry that you’ll never make the right decision, it’s best to use a mortgage broker. In short, this person is staffed with the responsibility of shopping around on your behalf....
More than 7 million Americans work multiple jobs according to the U.S. Department of Labor Bureau of Labor Statistics. Some people work a second or third job to make ends meet, to reach financial goals, gain more experience in an industry, or fulfill a passion. One thing is for sure, managing multiple jobs can be mentally, physically, and emotionally taxing. Paying more attention to organization and time management can help relieve the stress that comes with...
Do you cringe when you receive a medical bill in the mail? Like most, you hope for the best but expect the worst. If you find that your bill is higher than expected, there are a couple of things you can do: • Pay it in full and move on.• Contact the billing department to dispute the balance. It’s important to remember that medical billing departments can and will make mistakes every now and again. In...
When you look at your budget, it’s important to ask and answer a variety of questions. Here is one of the most important: are there any items you can do without? At first glance, you may not find any items you can comfortably cut from your budget. However, as you dig around, you may soon realize that there are a few opportunities to save. Taking this one step further, there are big one-time purchases that can...
