Category - money management

money management

Why It’s Called “Personal” Finance

11 years ago

money management

Passion Vs. Money

12 years ago

money management • relationships

Combining Finances: Two Questions from Readers

12 years ago

money management

A To-Do List for Your Finances!

12 years ago

money management • relationships

Combining Finances: Losing Independence

12 years ago

healthy living • money management

When Personal Finance & Health Become Serious

12 years ago

money management • travel

Money Lessons from the Big Easy

12 years ago

money management • relationships

Confession: I’m Scared to Combine Our Finances

12 years ago

money management • travel

Headed to The Big Easy!

12 years ago

money management

Being Financially Smart: When Others Don’t Get It

12 years ago

1) Create a 50/30/20 budget that lets you know what you can afford.

2) Treat your marriage like a business. Let one person manage the money, both people need to agree on goals and budget.

3) Pay off toxic debt, but use “good” debt to get ahead.

4) Risk is a fact of life, sensibly manage it. Diversify, do target asset allocation, cut costs and stick to your plan.

5) Save early for retirement. Save as much as you can and don’t stop.

6) Preserve your home equity. Buy less house than you can afford, pay off your mortgage. Don’t move if you can afford it.

7) Be a savvy consumer. Shop around for financial products, review recurring expenses and advocate for pro-consume regulation.