Finance Globe Blog

U.S. financial and economic topics from several writers.

A Spending Freeze Can Help You Meet Your Financial Goals

A Spending Freeze Can Help You Meet Your Financial Goals
If you’re feeling like you’re spending more money than you should, you’re looking for a way to save money fast, or you need to stretch your money to the next paycheck, a spending freeze could be beneficial. A spending freeze is essentially a financial fast where you refrain from spending unnecessary money for a certain period of time. Dramatically cutting your spending may not sound like fun at first, but it can be worth the sacrifice if it......
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Wanderer
A aide you may want to consider as part of the spending freeze is a budget. Using a budget will help you identify the items you mu... Read More
Saturday, 22 April 2017 20:16
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What are the Benefits of a Personal Loan?

What are the Benefits of a Personal Loan?
Are you in desperate need of money? Do you find yourself comparing your many options for obtaining the cash you need? Like many, the first place you turn is your bank account. If you don’t find what you need, it’s natural to turn your attention to your credit card. While a personal loan isn’t the right choice for every consumer in need of money, there are many benefits that allow this product to standout. Consider the follo......
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Wanderer
Used a Personal Loan to help establish myself in the world of credit and to use the funds to pay off debt. What I liked was the fi... Read More
Sunday, 23 April 2017 05:38
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Watch Out for These Five Dangers of Overspending

Watch Out for These Five Dangers of Overspending
Credit and debit cards make it so easy to make purchases, but they also make it easy to overspend. You can go on shopping sprees without ever leaving the comfort of your home. You can pay bills with the click of button. Unless you’ve told your bank not to process overdraft transactions, they won’t stop you from spending more than what’s available in your checking account. And if you’re short on funds and have decent credit, you can......
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Frugal Flips for the Not-So-Extreme Cheapskate, Part 2

Frugal Flips for the Not-So-Extreme Cheapskate, Part 2
Last month I rolled out a new series in which I will post monthly tips for saving money, which I’m calling “frugal flips.” So far, the first four I’ve proposed have the potential to save up to $1900 a year. Frugal Flip #5: Make your own soap Before you tune me out because this one sounds too complicated, hang on a moment. It’s actually super easy and will only take a few minutes of your time, at least ......
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Wanderer
Look forward to your insight on how to save money. You already put forth some new ideas (to me) not in my grab bag.
Monday, 03 April 2017 14:45
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Will a biweekly payment plan really save you money on your car loan?

Will a biweekly payment plan really save you money on your car loan?
According to Experian’s latest quarterly report the average amount financed on a new car loan is $30,621. With the average loan term and interest rate at 68 months and 4.69% respectively, an average car buyer would end up paying $4308.49 in overall interest. For many of us that’s a lot of money. It’s no wonder “tens of thousands of people” sign up for so-called loan payment acceleration plans who claim to help them pay off their loans fas......
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Steps to Determine Which Loan to Pay Off First

Steps to Determine Which Loan to Pay Off First
It doesn’t matter if you are a business owner or individual consumer, nothing changes the importance of tackling debt in the appropriate manner. If you have no debt, this never comes into play. The same holds true if you only have one loan, such as a single credit card. However, if you find yourself saddled with multiple loans, you’ll need to answer an important question: which loan should I pay off first? Believe it or not, som......
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5 Ways to be Proactive with Your Finances

5 Ways to be Proactive with Your Finances
Regardless of your age, job, and income, nothing changes the fact that you can be proactive in regards to your finances. This holds true for experienced professionals who earn hundreds of thousands of dollars per year. It also holds true for new graduates who are working for minimum wage in hopes of eventually reaching the top of the company. And then there is everyone in between. The word proactive, as it applies to finances, means something......
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Wanderer
The reality on this Blog is every day living. Setting aside as has been explained needs to be "Job 1" yet we have student loans th... Read More
Sunday, 12 March 2017 12:31
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5 Dos and Don'ts for Spending Your Tax Refund

5 Dos and Don'ts for Spending Your Tax Refund
While some Americans loathe tax season because of what they might owe Uncle Sam, many others wait for their tax refunds like children on Christmas Eve. If you’re due a refund this year, don’t blow it. Here are a few dos and don’ts to make the best use of your refund. Use it to catch up on past due bills. Sure, you might have had your eye on a shiny new tablet or nice new furniture, but payin......
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Frugal Flips for the Not-So-Extreme Cheapskate

Frugal Flips for the Not-So-Extreme Cheapskate
Back in the day, before reality TV and the internet were there to tell me otherwise, I thought I had mastered the art of living on the cheap. As a single parent on a tight budget, resourcefulness was essential for survival. My ability to stretch a dollar became so great I considered it a super power. I was the Wonder Woman of frugality and a DIY champ before crunchy granola moms and their Pinterest boards made......
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5 Bad Habits of People Who Are Always Broke

5 Bad Habits of People Who Are Always Broke
Some people experience major setbacks that lead to financial instability. Unfortunately, for people who are always broke, the root of the problem is in their own decisions and habits. If you don’t want that person to be you, avoid the bad habits of people who are always broke. They’re waiting for a magic fix. It may be a tax refund, a bonus, a raise, an inheritance, or something else, but people who are always broke are often hoping for dra......
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