Finance Globe Blog

Savings for your current child or future child needs to be a big goal for you and your family. I found this amazing, but a recent government study found that it can take over $235,000 to raise a child from infancy to age 17. In fact that number does not include college, extracurricular activities, or family vacations. Now that you know its going to cost a lot to provide for a child, I wanted to...

Cable companies are notorious for regularly increasing the cost of your service. Just as you get comfortable with one payment, you receive a bill that you’re not expecting. While you could simply pay the higher bill, you don’t necessarily want to take this approach. It’s better to contact your cable company, ask about the increase, and determine if there’s anything you can do to save. It goes without saying that you can negotiate the overall...

Many Americans are struggling financially, with a large number of Americans living paycheck to paycheck and others having to borrow to make ends meet. Americans who grew up in a home with parents who struggled my repeat their parents’ mistakes because they don’t understand the important parts of being financially healthy. As you work to improve your finances, focus on mastering these key areas. Spend less than you make. When your monthly expenses are greater...

Temporary layoffs can happen when you least expect and with no warning from your employer. Worse, you may not know how long the layoff will last and when your pay will start again. Staying on top of your finances can be difficult when there’s a delay in your pay. Here are some tips for staying on track until the layoff is over. Take advantage of your emergency fund . A delay in pay is the exact kind...

A new year is approaching, and that means new goals are coming. A good goal for 2019 may be to learn more about personal finance so you can be financially successful! Below are a few tips and recommendations to be able to learn more about personal finance in 2019.  Please feel free to post in the comments sections if you have any additional recommendations. Personal Finance Podcasts: Podcasts have become a hugely popular trend, and...

Even if you’re happy with your financial situation and the way you’re managing your money, you never know what the future will bring. It only takes one mistake or misstep to find yourself heading down the wrong path. With so many financial traps lurking, it’s imperative to think long and hard about every money move you make. Here are five traps to keep out of your life in 2019: 1. Taking Money From Your Retirement...

Many employers pay a year-end bonus as a reward to employees for their hard work and dedication throughout the year. After laboring all year long, most people think about splurging the bonus, but there may be some better ways to put the money to good use. Put it aside for taxes . After it’s added to the salary you earned throughout the year, a year-end bonus may push you into a new tax bracket. You...

When you’re looking for a safe place to put your cash and possibly earn some interest, it’s important to make sure you understand the type of coverage your account comes with. FDIC and SIPC are two types of coverage that many financial institutions and brokerages offer to their customers. Banks are typically covered by the Federal Deposit Insurance Corporation or FDIC. Funds in checking, savings accounts, CDs, and money market accounts are insured up to...

The end of one year and the beginning of the next are among the best times to turn your attention to estate planning. While this may not be one of the more exciting things you do, it’s definitely one of the most productive. With so many details to consider and decisions to make, it’s not out of the question that you could fall prey to an estate planning mistake. Fortunately, if you’re familiar with these...

The world of online lending makes it much easier to get funding for home improvements, debt consolidation, medical bills, or other financial needs. It’s also easier for scammers to trick unsuspecting consumers. Scammers can pose as legitimate lenders and trick you into paying for a loan upfront. Or, they can lock you into loans with higher interest rates and fees than you actually qualify for. Be on the lookout for both of these when you’re...