"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
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
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
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
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?
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
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
I know that setting a budget means living within your means and deciding how and when we want to spend our money. But how do you set your monthly spending budget? Maybe you budget based on what you earn or maybe you set your budget based on how much your expenses cost. Nick and I have always lived with fixed expenses because we had two fixed incomes. We knew exactly how … [Read more...] about How do you set your budget?