Money Moves to Improve Personal Finance

Handing the household finances is a tough job, in fact it is one that should not be tackled alone.  If you have a significant other, should work together as a team, after all it’s both of your money, or if you are living alone, it’s always a good idea to bring in a family member or friend that you can trust, or even better, a financial advisor.  If you are looking to give your personal finance a boost, try starting a few behaviors that may help.

Build Up an Emergency Fund

You never know what life is going to throw at you, so it’s always a good idea to be as best prepared as you can.  If you had a sudden auto repair that was more than you expected, a home appliance replacement that would cost thousands, or even worse, if you lost your job and it took months to find a new one, how would you handle these costs?  The simple answer is that the expenses would go on a credit card and worry about them later.  If you can put a few months’ worth of expenses in an account, you can have available cash if any large sudden expenses come up.

Reduce Unnecessary Expenses

Not only do you need more money coming in every month instead of going out, you need to reduce the money going out as best as you can so you free up more money for either paying off debt, saving for a rainy day, or more importantly, saving for the future.  If you can start paying attention to what you’re spending money on, you can then try and fix your spending behaviors.  Try looking at last month’s debit or credit card statement and go line by line.  Add up what should have been avoided, and you will probably be shocked.

Save for the Future

As you are continuing to free up money every month, more and more priority should be on saving for the future.  Retirement may be the last thing on your mind right now, but if you can start stashing away money now, it will have more time to grow over time.  A 401(k) is a great way to start saving, not only does it help relieve some tax burden, but your company may match contributions up to a certain point, so that is free money!

Take Advantage of Credit Card Rewards

I’ve gotten so used to the credit card rewards now that I put every single charge on a credit card so I can earn 1-4% cashback every year.  Now I’m talking the expenses that I would have spent anyways.  If you start charging just go earn rewards you will be in for trouble, so it’s always a good idea to set a spending budget so you can make sure you don’t go overboard and you’re not able to pay the statement balance by the due date, otherwise you start paying interest and that is just asking for financial trouble that could take years to dig yourself out.

Why to Use a Credit Card for Every Purchase

Credit cards used to get a bad reputation.  I remember being a kid and always hearing the perception that if you used a credit card it meant you didn’t have the money, like you were broke or something, but whether that was just my ignorance or not, that is certainly not the case anymore.  There are so many pros to using a credit card, that I have since put my debit card away and only use a credit card now for every purchase.  The trick is just not to spend too much so you can pay the full statement …

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Overpriced Items to Look to Avoid

One of the best way to come in under budget each month is to not only reduce impulse and unnecessary expenses, but to also reduce necessary monthly expenses as well.  If your monthly food budget is say $500, if you find a way to come in at $400 instead, you can use that $100 to invest that will grow considerably more over time instead of whatever you were going to buy in its place.  With just a few tweaks in the purchases we may, we can go from spending money on overpriced items to save money each month.

Movie

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Smart Ways to Boost Your Credit Score

First impressions are lasting, and there is nothing more important to the eyes of the lender than your credit score to see if you are worthy as a borrower.  The higher the score, the better, in order to take advantage of the most favorable rates on the market.  Your score can affect your loan approval or denial, so whether you have had credit troubles in the past or are looking for ways to give it a boost, there are important behaviors to continue to possess in order to continue to see your credit score rise.  You can now see your …

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4 Ways to Teach Children the Responsibility of Money

As our children get older we are focused so much about protecting them for the safety, but what about their financial safety as well?  One day they will start to make their own money, own homes, get married, and hopefully live financially responsible without making bad financial decisions like missing payments, going to debt, or excessive spending, so it is up to us to teach kids about money as early as possible so they can not only take financial responsibilities seriously, but to make the right decisions.

Live Within Your Means

The simple reason that we go into debt is …

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Signs You Might Be a Little Too Cheap

There’s a difference between being frugal and being cheap.  Even being frugal has its quirks where it could be easy to be made fun of when it comes to spending money, or lack of, as well as re-using items that you probably should throw away, but being cheap is just a whole other level.  I’ve been around cheap people in my life and I told myself I would never be that way, so look out for signs that you might be a little too cheap.

Suffering Without Air Conditioning

August is really the hottest part of the summer, so …

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The Ins & Outs of Online Trading Courses

When you are stuck in a dead-end cubicle job, you are looking for any viable way out. Enrolling in online trading courses is key to becoming a profitable day trader, which can give you the financial freedom to say goodbye to the office job that you never loved.

With Warrior Trading you can enroll in day trading courses that put you onto an accelerated path that can bring you to a viable level of profitability, without taking up too much of your time. The key is being able to absorb and understand the Warrior strategies of momentums day trading, swing …

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Ways to Stop Stressing Over Money

Whether you have money or not, it can be the cause of much stress in your life.  Often people try and figure out when it means that you are officially an adult, and I’d say by the time you handle your own finances, because it is no simple task.  While it’s not good to have stress in your life, you get enough with work and family that you do not need one more thing to add to the list, so try your best to avoid, although it may not be easy.

Be Prepared in Case of an Emergency

You …

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It’s Never Too Late to Improve Your Personal Finance

Whether you are new to keeping track of your finances since you have gotten a job out of college, manage the family funds, or are working your way towards retirement, it is never too late to improve your personal finance.  Many of us do not keep a budget, which can be scary for the fact that we could not be imposing spending limits on ourselves and probably minimizing how much we are saving, never a good thing when it comes to saving for the all-important retirement years.

Get Spending Under Control

Really, the primary way to free up extra cash, …

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4 Items to Avoid at the Dollar Store

Don’t get me wrong, the dollar store can be great for many items, with prices significantly lower than other full-priced stores like Target.  You can get reduced prices on gift bags, greeting cards, and holiday decorations.  Hey, it’s even a good place to fill gift baskets for office Christmas presents.  What stores like Target have going for them though, is the quality, and there’s no comparison when you go into a dollar store.  There any plenty of items that are perfectly fine to buy at the dollar store to save money, but there are certain items to avoid

Food (for

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