Category: Family & Home
How to Ask a Relative to Pay You Back
As far as unpleasant tasks go, asking a relative or friend to repay a loan ranks up there with getting your wisdom teeth pulled or spending a weekend alone with your in-laws. The best way to avoid this awkward conversation? “Don’t lend money to friends in the first place,” says Peter Post, director of the [...]
Damaged Property? 5 Steps to Ease Your Worry
Damage to your home or property can be one of the most stressful and confusing experiences for you or your family. Your home is a symbol of your family, safety, and success. It’s difficult to navigate an assessment of significant damage — and have repairs made, based on that assessment. Consistency and reliability between insurance [...]
Driven by Discounts: Ways to Cut Your Auto Insurance Payments
When purchasing auto insurance, you can take advantage of various discounts that could substantially reduce the total insurance cost. There are numerous factors to consider when determining car insurance rates such as driving history, safety features of your car, your occupation, etc. Read on to discover some of the auto insurance discounts you may qualify [...]
Simple Tips For Saving Money Around The House This Winter
Winter’s chill brings with it higher energy bills for most Americans. With most of our finances already stretched paper-thin, paying a large electric bill is unbearable. Thankfully, there are some tricks the average homeowner can make use of to ensure their home is operating as efficiently as possible in order to make cost of heating [...]
What America Buys and Sells
What do you spend on each month? Learn what the average American household buys as well as what the US sells abroad. Image Credit: accountdegree.com
One of the Worst Financial Mistakes Couples Make
Sharing your money is not easy. You feel like you’re giving up control, but knowing how to work on the financial aspect makes other areas MUCH easier. Couples find they must compromise on where their precious pennies end up. Yet, a mistake that many can make (my wife and I have made it twice!), isn’t [...]
Pitfalls to Avoid When Buying That First Car
Buying a car is an exciting but scary process, especially for first-time car buyers. Canvassing in showrooms, feeling the smooth steering wheel and comfy interior, and starting the car’s engine for the very first time is truly an exciting experience. Unfortunately, the task can also get scary when you do not have the understanding and [...]
Four Tax Breaks That Are Ending
Many low-income parents could see their tax bills jump by thousands of dollars next year if nothing is done to stop a series of tax breaks from expiring January 1. Unless Congress takes action before the end of the year, four important credits for families — The Child Tax Credit, Earned Income Tax Credit, Child [...]
Where Are You Now? DINK, SINK, SITCOM, Nuclear Family or Other
Depending on your lifestyle, your money management plan will need to incorporate a wide variety of expenses that accommodates your situation. A Nuclear Family for example would have a completely different plan then a SINK (Single Income No Kids). From cocktail parties to family dinners, debates regarding which lifestyle is optimal are usually never ending [...]
The Advantages and Disadvantages of Being a DINK
The word itself can be offensive to many; however the acronym DINK means Double Income No Kids. In today’s economy, DINKs have the most flexibility to accumulate wealth, but also may be the most vulnerable if their finances are not allocated properly. There are variations of DINKs including DINKY (Double Income No Kids Yet) and [...]
