Category Archives: Personal Finance

Smart Spending For The Holidays

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By : Jurissa Ayala

Tis the season for shopping and, for most people, overspending. You don’t have to let that be your tale for morning after Christmas regret. You can spread holiday cheer without breaking the budget. These tips and tricks will help you resist impulse buying throughout the holidays so your New Year doesn’t begin in budget jail.

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Comparing Your Options: Roth IRA, Traditional IRA, or 401k?

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By Bryan Cambra

How do you know which type of retirement account is right for you?

There are three main options available for most individuals. The Roth IRA, Traditional IRA, and 401k retirement accounts are the most common because they are easy to establish and provide tax advantages. Take a look at each one to determine which could be right for your needs.

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Yours, Mine, and Ours : Joint Accounts

Cheerful mature couple embracing by the beach

By Jurissa Ayala

According to Kansas State University researcher, Sonya Britt, arguments over money are top predictors of divorce in relationships – by far. Those small disagreements over how money is spent in the beginning of the relationship become major bones of contention as the relationship progresses.

It’s also why it’s so important to get a handle on money management early in the relationship – before the fighting begins. There are many ways couples can go about this.

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Six Finance Tips for Every New College Student

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Financial stress is a part of life, and college life is no different. Whether a student has parents who pay for many expenses or parents who encourage economic independence, every student should learn and practice some basic financial principles to keep them afloat during school and prepare them for the future.

Learn the difference between wants and needs.

Setting priorities is crucial for financial success. Think about the most basic needs you have: food, clothing, housing, safety, etc. Create a list of must-haves on which you’re unwilling to compromise but be willing to make some sacrifices. Continue reading

Common Financial Emergencies That Can Appear Without Warning

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From the mundane to the catastrophic, there’s never a good time for a financial emergency. The funny thing about these emergencies, though, is the fact that they’re never surprising at the core; they’re all inevitable at some time or another, but few are prepared when it happens to them. Continue reading

How You’re Shooting Yourself In The Foot Financially

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PHOTO: SeniorLiving.Org

Making consecutively poor spending decisions can leave you drowning in a sea of debt. The following article explains the most common ways you could end up shooting yourself in the foot financially.

Making Too Many Small Purchases and ATM Foreign Withdrawals

You may be good at keeping up with big expenditures but not so good at monitoring your spending habits when making small purchases. Small purchases can quickly add up, especially when they’re made on impulse or done by habit. Continue reading