Everyone has had that dreaded feeling when they are about to move to their new apartment or home. Packing can be a disaster, finding the time in your busy schedule can be difficult, and cost of moving your possession from one place to another can put a strain on your budget. The following are some tips and tricks to make the process of moving not only easy for your peace of mind but also for your bank account. First, one of the best things that you could do is to be organized and keep a positive attitude during the entire process.
We all know how expensive it can be to raise children, but often parents don’t realize the full extent of the costs. Parents now spend an average of $233,000 on each child between birth and the age of 18 (http://money.cnn.com/2017/01/09/pf/cost-of-raising-a-child-2015/index.html). It’s a lot of money, but thankfully you don’t have to spend this much if you are savvy with your money.
At some point, we’ve probably all had roommates—whether they’re platonic or romantic. You’ve probably also daydreamed how awesome it would be if you were able to live alone and have your own place. However, you wake up from this daydream when you check your bank account and the cost of renting an apartment all by yourself. With so many people living paycheck-to-paycheck, footing the rent all alone, and all the bills to go with it appears to be overwhelming. There are ways to save money and be able to achieve your goal of being financially fit enough to live by yourself.
Nearly 7 in 10 seniors who graduated from public and non-profit colleges in 2015 had student loan debt, with an average of $30,100 per borrower, according to the Institute for College Access & Success. While it may seem like a lot of debt to overcome, especially when graduates are just beginning their careers, there are some ways to ease the burden of the debt.
June is graduation season, and for those who are moving on to higher education or entering the workforce for the first time, it is important to carry the timeless wisdom that comes from beyond the textbooks. Everyone could all use some reminders of the lessons that we sometimes overlook in our finances. Here are some guidelines to start, or continue, to live by:
Living on a fixed income poses a significant challenge for many retirees. Unless you're willing to work part-time in retirement, once you leave your career behind, your options for generating extra cash will be limited at best. That's why it's vital to stretch your existing budget to the greatest extent possible. Here are a few ways to reduce your expenses in a big way.
Create A Budget
Having a budget and sticking to it can improve anyone’s financial picture. Yes, it takes discipline but in today’s tech-friendly world it can all be done from your fingertips. Apps and websites like Mint.com and Level Money can directly connect to your Checking Account, Savings Account, and credit cards so you can begin tracking your expenses instantly. Knowing where you’re spending your money is the first step. From there you can adapt a strategy such as the common 50-30-20 budget.
How often do you find yourself at the end of the month pondering how you didn’t meet your savings goal? Ideally, this would never happen but life is often unpredictable and more expensive than what you had budgeted for. Below are some items that you may want to think twice before reaching for that shiny credit card.