Unplanned expenses often come at times when we'd least expect. Throughout our everyday lives, things are always happening. Cars need maintenance, we get sick, something in the house may need to get fixed, etc. There are so many things that can be encountered when it comes to having to spend money...
Nowadays, financial institutions offer all kinds of credit cards that have different features. It is important to understand each type of credit card to determine the type of credit card that best suits your needs. There are five major categories of credit cards: balance transfer, low-interest,...
According to the U.S. Energy Information Administration, energy use for air conditioning has doubled since 1980, and U.S. households currently plug in more appliances and electronics at home than ever before. Natural gas and electricity are the most-consumed energy sources in homes as the home...
Many people use the term credit score and credit report interchangeably. Although mistaking them may seem harmless, credit scores and credit reports are very different. As stated in the name, your credit score is exactly that, a score. This score is a numerical value that is calculated and used by...
It’s easy to spend all the money in your budget (even if you don’t have one), but what happens when you have an expense you can’t anticipate? Whether you have a flat tire or need to make a surprise purchase, having an emergency fund can be a financial lifesaver.
Of course, some emergencies don’t...
Creating a savings goal is commonly confused with creating a dream. For example, when asked to create a savings goal for a vacation trip or a car, their response is “I want to go to [location]” and “I want to have a [car model]”. This only represents what individuals want (a dream) without creating...
Credit Cards are a wonderful financial tool if you’re aware of their pitfalls. The unfortunate problem is that people can get themselves in trouble by excessively using their credit cards beyond their means and being unable to pay their bills.
First, what is a credit card? A credit card is a...
When you get your first job, your employer likely will ask you for the direct deposit number or the routing number of your bank account. Indeed, opening a checking account is one of the first steps to getting paid. Before you go to the bank you can use some of my helpful tips to answer some of the...
To some, living sustainably can mean living a more expensive lifestyle. Small increases in costs from eating organic foods, buying clothes made from sustainable and biodegradable fabrics, and paying extra for dairy alternatives can add up. Luckily, stores are making it easier to make more...
To many college students, budgeting seems like an extremely daunting task... Who needs to budget anyway with those deferred student loans, am I right? However, keeping a budget and tracking your spending not only keeps you conscious of where all your money is going, but it also allows you to be a...
