Finance Globe

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

Financial Tips During a Financial Recession

100-bill-mask-coronavirus
I think it is fair to say the coronavirus is bringing the U.S. economy to a slowdown, although likely could be a complete halt. Most are predicting a recession for at least this year. In order to prepare for a recession, below are a few tips to help you survive through a recession.Re-evaluate your priorities: During recessionary times, you should re-assess what your goals are. For example, a person that may be going into retirement, this...
Continue reading
  300 Hits
  1 Comment
Recent comment in this post
Wanderer
Time to take financial control of our lives and for some, live within our means! Scary thought ...
Sunday, 22 March 2020 03:06
300 Hits
1 Comment

Refinance Opportunities

mortgage-check1
While the markets are in turmoil and everyone is in isolation due to the coronavirus, there is some potential positives out there from a personal finance perspective. Given the declining interest rates, this would be a great opportunity to refinance your house. In fact, low mortgage rates are leading homeowners to take cash out of their homes at the highest levels since the financial crisis. This is all due to the fact that the Federal Reserve...
Continue reading
  287 Hits
  0 Comments
287 Hits
0 Comments

How to Save Money When you Have a Young Child

man-daughter-child
When it comes to planning for your first baby, it’s hard to find a balance between being budget conscious and feeling as though you are prepared for anything and everything your new baby may need. Here are three lessons (and huge cost-saving tips) that I have learned along the way.   1.     Choose items that will grow along with your child. When it comes to car seats, there are two options: an infant seat, or “bucket” seat,...
Continue reading
  223 Hits
  1 Comment
Recent comment in this post
Wanderer
Good reference Blog on the "how to" in keeping financially grounded while experiencing a major change to one's life style!
Saturday, 07 March 2020 04:01
223 Hits
1 Comment

How to Handle the Rising Costs of Utilities

utility-bills
With so much to think about from a budgeting perspective, it’s easy for some monthly expenses to slip through the cracks. For many people, this means utilities.It’s easy to take utilities for granted, as you assume that you’ll always have access to what you need. However, even if this is the case, it doesn’t mean you can ignore the impact on your budget.There’s nothing more frustrating than watching the cost of your utilities rise. If this...
Continue reading
  649 Hits
  0 Comments
649 Hits
0 Comments

Is College Education Still Worth the Investment

college-education-teacher-students
In today’s environment with rising education expenses, some are asking the question of if a college education is still worth the investment. Every parent wants to do the most that they can to set their child up for success, but many are beginning to ask the questions. Below I have outlined some benefits and why people are asking the question to give you a better perspective of deciding if a college education is worth it. BenefitsAccording to...
Continue reading
  1557 Hits
  1 Comment
Recent comment in this post
Wanderer
This does open the door to thinking about the future. Some options is to find a two year school (local to reduce costs) for the Ge... Read More
Tuesday, 07 January 2020 03:48
1557 Hits
1 Comment

How the 50/30/20 Budget Works

woman-calculator-desk
One of the hardest parts of creating a budget is figuring out how much money you should spend on all your expenses. What's the right amount to spend on housing? Or transportation? Or entertainment? Having a guide to building a budget helps keep your spending in line. That's one of the benefits of the 50/30/20 budgeting method. Your spending on certain categories is kept within a certain percentage of your monthly income, so you can figure...
Continue reading
  624 Hits
  0 Comments
624 Hits
0 Comments

5 Ways to Simplify Your Finances

financial-organization1
The more complicated your finances are, the harder it is to keep up with everything. You'll spend more time and effort trying to manage complicated finances and the stress of dealing with your finances may cause you to procrastinate. Overly complicated finances could lead to more expensive mistakes like missing a payment or overdrafting your bank account. If you've been feeling like your finances are all over the place, there are a few things you can...
Continue reading
  818 Hits
  1 Comment
Recent comment in this post
Wanderer
Good ideas to try and manage your finances while keeping the methods to do it simple so you will do it! For myself, I build and an... Read More
Thursday, 07 November 2019 21:23
818 Hits
1 Comment

Why The APR is the Most Important Factor In Borrowing

time-to-change-financial-habits1
Many people choose credit cards and loans based on the features, benefits, or the monthly payment, but there's a more important factor to consider - the APR. This number tells you how much you're actually paying to borrow money. The higher the APR, or annual percentage rate, the more you're paying when you borrow money.Finding the APRLooking at the APR gives you a better way to compare loan of the same type to each other. For...
Continue reading
  843 Hits
  1 Comment
Recent comment in this post
Wanderer
Good points offered on the subject of Aprs. With that said, there is one thing to keep in mind, try not to acquire debt on high in... Read More
Thursday, 07 November 2019 21:28
843 Hits
1 Comment

Five Tips for Budgeting a Fluctuating Income

budget-faling1
Coming up with a solid budget is tough even when you have a regular income from a job or business. Budgeting a fluctuating income can be even more difficult because you can't be sure how much money you're bringing in. In these situations, having a plan for to manage an unpredictable income becomes even more important to ensure all your monthly expenses are met without getting into debt or overdrafting your accounts.When you're self-employed, working part-time,...
Continue reading
  1001 Hits
  0 Comments
1001 Hits
0 Comments

How to Pay Medical Bills you Cannot Afford

doctor-handing-bill-to-patient
If you are young and healthy, you probably are not that concerned about medical coverage. However, that doesn’t mean you won’t have an unexpected medical emergency and get you stuck with a huge medical bill. Some medical expenses can be so high they reach over 5 figures. Below are a few helpful tips and ideas. Please feel free to write any questions in the comments section below.Understand what happens when bills go unpaid: After a period...
Continue reading
  1343 Hits
  1 Comment
Recent comment in this post
Wanderer
Good information and your stressing the point about not ignoring the medical bills as they can affect your future for many years i... Read More
Thursday, 15 August 2019 20:02
1343 Hits
1 Comment