Several years ago, I realized that I didn’t know enough about how to manage my money. I budgeted and put money in my 401(k), but I knew that there was still so much out there I didn’t know. I visited the library one day and browsed the section on personal finance books. I picked out a few I thought were introductory level, took them home, and started reading.
If there ever were a time to feel like spending money, it may be with the arrival of your first paycheck. Now that it’s July, graduation season has just finished. If you’re a lucky new grad, you have a job lined up or one on the horizon. And with that new job and those first few paychecks may come the urge to spend on what you couldn’t afford before.
Do you ever come across something that sounds a bit cheesy but turns out to be pretty awesome? Today I want to talk about the personal finance book I Will Teach You to Be Rich by Ramit Sethi.
Given the non-stop political coverage in the US right now about immigrants’ and other groups’ rights, I’ve been thinking a lot about women’s rights and women’s issues lately. Even more so when I recently read an article that half of women married or in relationships have a “Plan B” man ready to call if their current relationship doesn’t work out.
If you ever wanted to learn how the wealthy become wealthy, this book may give you the best answers you’ll ever get. Thomas J. Stanley and William D. Danko, authors of The Millionaire Next Door, spent twenty years researching how people become wealthy.
Last month, I wrote about how I used to have such a hard time budgeting. I know I’m not the only one out there who has felt that budgeting is frustrating, tedious, and sometimes downright depressing. That improved once I got a good budgeting system in place and stuck with it.
With Valentine’s Day around the corner, it’s easy to get wrapped up in that lovely-dovey feeling. But likely not every moment with your loved one is full of bliss, right? Believe it or not, finances are the number one source of relationship stress, according to a 2015 SunTrust Bank survey.
Earlier this week I posted about the 50/20/30 budgeting method complete with free budgeting calculator. If you calculated your percentages and decided that your spending and savings numbers are not what you want them to be, don’t worry. You’re in the same boat as many other people, but you have the awareness and motivation to change that.
I remember back a few years ago when I started my new job and decided to create a new budget using an Excel spreadsheet. I thought that there must be a better way than what I was doing. I was estimating amounts for each of my budget categories and then trying to track everything in and out month after month. Not fun! So I started researching budgeting methods and I came across one called the 50/20/30 budget.
With 2017 in sight, now is the perfect time to get personal finances in order and start the new year off right. A great place to start is to figure out your personal finance numbers. But with so many numbers and terms out there, it’s easy to get lost trying to figure out what you really need to know. What numbers are the most important? Here’s are 6 numbers to know to help you get started.
What do you think of when you hear the word “budget”? The thought of being on a budget is probably as cringe-worthy as hearing nails on a chalkboard. Believe me, I know how un-fun keeping a budget can be. I tried to keep one several times before I managed to find a system I like and stick with it.