Religion is one of those topics that's unexplored when it comes to personal finance. If you surf the web, you won't find much discussion of it. If you read the Wall Street Journal or Investors Business Daily, you hardly see a mention of religion at all. This is a shame. If you look at it, religion has played a defining role in much of human history. For example, religion was … [Read more...] about Why Episcopalians and Jewish People are Richer
Costco is known for gigantic packs of toilet paper and bulk size food items. If you’re a DINK, you may think Costco has no place in your life. After all, you don’t need to buy enough toilet paper in one trip to last for the year, and there’s no way you can eat a 10-pound bag of carrots before they go bad. However, I urge you to rethink your opinion. There are plenty of ways to … [Read more...] about How to Make It Worthwhile to Shop for Two at Costco
This is a quick posting for everyone working on a large savings goal. If you're saving - don't give up. Don't Give Up. Don't quit saving out of the silly belief that you'll never have enough to meet your goal. Forget focusing on the big figure you need to get to. Instead, work it out using a calculator and break down what your weekly, monthly and annual savings goals … [Read more...] about If You’re Saving – Don’t Give Up!
Everyone's personal financial situation is different. Some people are still getting organized, others are in better shape. So, for many the question is: after you've got the basics nailed down, where do you go after that? For example, after you've paid off your high interest debts, have an emergency fund and are sticking to a budget, whats the next step? Well, there … [Read more...] about Wealth Building After The Basics
According to CNBC, “the typical American has an average of $8,863 in an account at a bank or credit union.” However, that number is just an average. How much each person saves depends largely on their age and whether they’re single or married and if they have children or not. To illustrate this, CNBC goes on to further share that “60 percent of millennials don’t have enough … [Read more...] about The Biggest Signs that You Need to Save More Money
I've been seeing a lot of news articles talking about how wealth is owned in the United States. The main idea is usually centers around a statement such as "the rich are getting richer" or "only a few people control a disproportionate amount of wealth". The main idea behind much of these news stories is that only a few people control most of the money in our country. This has … [Read more...] about Poverty is Due to Individual Traits
Many couples have joint bank accounts throughout their marriage. This often happens either because they pool all of their money together or because they keep separate accounts but have a joint one to pay household bills. Another reason why spouses share an account is because one person is the budgeter in the family and needs access to the other's money. For millions of … [Read more...] about What Happens If Your Spouse Depletes Your Joint Account Before Separation?
Saving money is a good goal to have, especially when the world is reeling from the COVID-19 crisis. But beyond that, making sure you have adequate funding set aside for an emergency fund should always be a financial priority. Whether you've been putting it off or you're just getting started, here are a few good reasons why your emergency fund should be your top financial … [Read more...] about Why Should Building an Emergency Fund Be a Financial Priority?
It is mid winter here in Oregon and the weather is projected to be 40 degrees and rainy for the next two weeks. So, if you're like me you're probably wanting to stay warm on the cheap. Here are three things you can do to save money heating up your place. These ideas aren't earth shattering, but they work reliably. … [Read more...] about Tried And True Ways To Cut Your Heating Bill
Sometimes it is a good idea to periodically look at your expenses with a view to trimming the fat. I had some spare time on Saturday and had at look at my internet, cell phone and subscription entertainment. Called my cell phone provider, T Mobile, and switched to a plan that gives me the same level of service for $5 less per month. The call took about twenty minutes. … [Read more...] about Saved $323.76 With Just An Hours Work