Finance Globe Blog

Do you have an emergency account? Do you add money to this on a regular basis? Do you need to get serious about growing the balance? Like many, you may add a few dollars to this account every now and again. For example, you do this when you have money leftover at the end of the month. However, if you really want to grow the balance, you need to get serious about adding large chunks...

It’s one thing to come to the conclusion that you need to invest your money with the idea of growth in mind. It’s another thing entirely to choose the right investments and make sound decisions as the days (and years) go by. With so many types of investments to consider, it’s never easy to make sense of what you should and should not be doing. Even if you decide on one type of investment, such...

It goes without saying that you invest with one goal in mind: to make money. While some investments are safer than others, there is always some level of risk involved. With all this in mind, it’s important to take a step back, assess your situation, and make changes that will allow you to invest like a pro. Your net worth may never approach investing gurus like Warren Buffett, but this doesn’t mean you can’t make...

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...

During the winter months it is not always easy to think about summer. After all, it seems so far away. However, if you have plans on vacationing this summer, now is the time to begin the preparation process. In addition to selecting a location, you need to set a budget and start saving. It won’t be long before you need to make a payment to reserve your hotel, flight, and/or rental car. Here are three...

There are many benefits of saving money in an emergency fund, including the peace of mind this will bring to your financial situation. But here is the problem: it is not always easy to determine when you should use this money and when you should leave it be. To get on the right track, here are five questions to answer before using your emergency fund: 1. Is it an unexpected expense? It can’t be considered...

It's important to have a plan for extra cash when you find a way to spend less or make more. No amount is too small to have a plan for - even an extra hundred dollars a month can make a big difference over the long run. With a good plan, you can be sure that extra cash goes towards building more financial security while also allowing for some fun stuff. Pay off your credit cards.  It's time...

It's not hard to find ways to save a few dollars here and there, and those few dollars can easily add up to $100 or more per month. Consider making changes to your routine to find the cash to put into your emergency fund, savings for a down payment on a home, your retirement account, a long overdue vacation, or your children's future education. Look at your daily habits.   Cutting out relatively small expenditures like...

Just because you put a lot of time into creating a budget doesn’t mean it will help you achieve financial success. Here is why: You may have used inaccurate data. You have to stick with your budget (not just create one). You aren’t being realistic with your expectations. If your budget continues to fail you, month after month, it is time to adjust your approach and consider the changes you can make for the better....

Some people keep a close watch on their savings, knowing exactly what is going on at all times. Others, however, subscribe to the “set it and forget it” philosophy. In other words, they make a final decision and leave things that way for an extended period of time. You don’t have to review your strategy on a daily basis, however, it is a good idea to keep a close watch on what you are doing. Here...