I had to be out of the office this week at an off-site training in the City. Normally, I get in, I get out, I get on with my life. But New York City summers are something I marvel and savor. I took the long way to the train and found myself outside a thrift store whose mission is to raise money for the homeless and for AIDS patients. I really had no intention of … [Read more...]
Money Monday: Why You Could Lose Your Job Tomorrow and How to Prepare for it
The days of working for one company your entire life and retiring with a secure pension have largely become a thing of legend. According to the U.S. Bureau of Labor Statistics, in 2014 the median number of years that workers had been with their current employer was just 4.6 years. This means that workers today could change their jobs eight or more times before they retire. In … [Read more...]
Why Frugal Couples May Be Having Better Sex Than You
Nobody likes to hear the truth about the role that great money management plays in creating a happy and sexy marriage. But it does. If you take two couples with the same amount of income yet polar opposite approaches to money management, one couple being wealth conscious and the other being consumption conscious, you will see that they have different levels of peace, … [Read more...]
5 Smart Things to Do with Your Money Before You Turn 30
Just for the record, your 20s are not a throwaway decade. While it is expected that you will make mistakes when it comes to your finances, it is not expected that you will habitually make money mistakes all willy-nilly for a full ten years. Before you turn the big 3-0, make sure you check the following off your financial bucket list. Create an emergency fund. Your … [Read more...]
5 Ways To Put Yourself Financially First
Putting yourself first is probably the best thing that you can do for the longevity of your finances and your peace of mind. All of your dreams, passions, and short-term goals, no matter how big or small have a price tag. But in order to realize any of them, you have to get into the habit of making financial decisions that work to your benefit, not to your … [Read more...]
Single & Free to Do What I Want: 6 Tips for Good Money Habits
One of many favorite things about being single is financial freedom. When you don’t have someone else depending on you, it’s amazing how much “stuff” we can accumulate. We can buy what we want when we want. And as long as our immediate necessities are met, we can basically live with very little sense of responsibility. The issue with this is that it becomes easy to develop bad … [Read more...]
Money Monday: 3 Ways to Save Big Money
For many of us finding extra money in our budget is harder than squeezing blood from a stone. But, follow a few of these savvy money strategies and you might find yourself with more money in no time flat. 1. Learn the fine art of haggling. Americans are notoriously shy when in it comes to the fine art of haggling. But opening your mouth can yield huge results. I once saved … [Read more...]
VIDEO: How Far Are You Willing To Go To Save Money For Your Family?
How far are you and your family willing to go in order to save money? Would you use reusable paper cloths instead of standard toilet paper? This family says that they save 20 bucks per month, over $200 per year by using this process. Would you go that far? What changes have you made in your household to cut down on expenses? … [Read more...]
8 Tips From 8 Financial Experts on Saving Big This Holiday Season
It's late December and the holiday spirit is in full swing. What's that in the background that you hear ringing, could it be sleigh bells? Probably not, instead it's the sound of cash registers sinking couples and families into big time debt! As always your friends here at BlackandMarriedWithKids.com have the hookup on information and resources that will help your family … [Read more...]
Money Monday: Could You Come Up with $2000 For An Emergency?
Financially, Americans are living on the edge. The National Bureau of Economic Research has just released a study showing that nearly 50% of Americans would have trouble coming up with $2,000 within 30 days to take care of an emergency. According to their survey, 28% of Americans indicated they would "certainly" not be able to come up with the funds while 22% … [Read more...]