You’ve probably heard that you should be saving money each month. It’s one of those things that’s just supposed to be good for you, like eating broccoli or flossing before you go to bed. But why is it important to save money? And even if you plan to start putting away cash someday,...
When you’re building your savings, it is important to choose the best account for your situation. You want an account with a competitive interest rate that will grow your savings, but also one that will give you the right amount of accessibility to your money if you need it.
Have you ever felt the pressure to become a homeowner? If so, you’re not alone. Even if you haven’t been encouraged into homeownership directly, you may have felt the pressure in subtle ways — from commercials, listening to friends talk about their mortgages and even from driving past those Open House signs on...
Hate talking about money with your kids?
It’s a sticky subject in the best of times. These days, it’s downright scary, as the pandemic rages and the economy tanks.
Many parents are generally reluctant to talk about money with their children…
Cash or credit? Despite the recent decline in cash transactions due to Covid-19 fears, both cold, hard cash and credit each have a place in our purchasing habits.
If you're concerned about catching Covid-19 from handling cash, you can opt for debit or mobile payments linked...
While many people dream of gaining financial independence overnight by hitting the right lottery numbers, others are working year after year to make it happen. Financial independence requires dedication and focus, but many can achieve it through simple steps, rather than relying on the "wouldn't it be nice" approach of trying to hit...
A master budget is a series of smaller budgets that are rolled up into one larger budget to provide a more comprehensive view of your business.
Combining an operating budget with a financial budget, a master budget is typically prepared for the upcoming year, and it can also be a...