When I lived in Chicago, our landlords had been married for over 20 years. He was used to being the breadwinner. She worked part-time at a low-income job and helped to manage their three rental properties. During the economic downturn in 2007, he lost his job. At first, he optimistically applied for other positions, but as the months dragged on, he went into a deep depression … [Read more...] about 3 Ways to Help a Financially Struggling Spouse
budgeting
4 Financial Books You Should Read in Your 20s
Have you graduated from college and have student loan debt? Are you trying to become financially secure so you can afford to travel the world? No matter what your goals are, you may benefit from these 4 financial books you should read in your 20s. If you can get out of debt in your 20s and start saving and investing, you’ll be looking at a bright, enjoyable financial future. … [Read more...] about 4 Financial Books You Should Read in Your 20s
4 Reasons Why Couples Should Talk About Money
For many people, having a money talk with a boyfriend or girlfriend feels awkward and uncomfortable. Yet, if your relationship is becoming more serious, know there are four reasons why couples should talk about money. If you face your fears, discomfort, and insecurities early in the relationship and start having regular money talks, you’ll likely find your relationship becomes … [Read more...] about 4 Reasons Why Couples Should Talk About Money
How to Deal with a Spouse Who Keeps Borrowing Money
"Mom, can I have $20 bucks to go to the movies and get some snacks?” Kids are notorious moochers. Why work hard and learn to budget when some kids just ask their parents for money? As a grown-up DINK, you probably thought the days of borrowing money were behind you. After all, you’re self-sufficient now, and you don’t have kids to ask you for money repeatedly. However, some … [Read more...] about How to Deal with a Spouse Who Keeps Borrowing Money
Money Moves Monday
Like a lot of you, I'm full time employed, but I'm still cash constrained. So, I've been looking for ways to that are truly passive to supplement my income. Therefore, by way of a personal update, here are some things I've been working on: First, selling my personal data to build up some passive income. I signed up for Nielsen Opinion Rewards and a company called … [Read more...] about Money Moves Monday
How Teachers Can Budget for the Summer
I was a teacher for 10 years. While I certainly enjoyed having the summer off, I didn’t enjoy not getting paid in the summer. Eventually, my employer allowed me to choose between receiving 21 or 26 paychecks a year, but not all teachers have that option. However, there are ways teachers can budget for the summer if they're only paid during the months they work. Using these … [Read more...] about How Teachers Can Budget for the Summer
3 Financial Mistakes DINKS Make
As DINKS, you may find yourself in a better financial position than many of your friends and family. After all, you have no children, which can be a huge money saver. The USDA estimates that “a family will spend approximately $12,980 annually per child in a middle-income ($59,200-$107,400), two-child, married-couple family.” In addition to not having children, you will also … [Read more...] about 3 Financial Mistakes DINKS Make
How Much Should You Budget?
I was chatting with a friend the other day, and her sister messaged her on Skype. Her sister was curious as to about how much she should be spending on common household expenses. Well, I was also curious and decided to hit the books to see what good rules of thumb are. According to the Motley Fool, you might consider the following very rough guidelines: Housing and … [Read more...] about How Much Should You Budget?
5 Features that Make YNAB an Essential Budgeting Tool
Since my husband and I married, I have been the budgeter. In the old days, my budget was done in a notebook with lined pieces of paper. Now, I use You Need a Budget (YNAB) and have used it for several years. There are five features that make YNAB an essential budgeting tool. … [Read more...] about 5 Features that Make YNAB an Essential Budgeting Tool
4 Essential Tips For Planning The Destination Wedding Of Your Dreams
Every year, an average of 2.4 million weddings are performed in the U.S. And while many couples seem to be under the impression that destination wedding are extravagant and expensive, there are actually a number of ways to make your wedding more unique and memorable than ever by planning your big day in an exotic location. Setting up a modern honeymoon registry will help fund … [Read more...] about 4 Essential Tips For Planning The Destination Wedding Of Your Dreams
