Do you find yourself short on cash by the end of every month? Are you trying and failing to meet savings goals? It may be time to reassess your personal cash flow. Cash flow simply refers to your income after taking away your expenses. Ideally, you should have money left over after taking expenses out in order to save rather than accumulate debt. Taking a good look at where your hard-earned money goes each month can help you redirect it in more advantageous ways that you are better able to maximize your paycheck. Here are a few first … [Read more...] about Simple Ways to Free Up Your Personal Cash Flow
Divorces can be financially devastating. Not only is the loss of a spouse's income detrimental to your fiscal health, but you also lose moral support, often retirement benefits, and the safety net that comes from having a partner. You can rebuild after divorce and get your life back on track. A few critical steps will help you start getting your life back together and rebuild after divorce. Forgetting or delaying these tasks will cost you precious time and money, and add to your headaches. Rethink Your Retirement Planning Money is … [Read more...] about How to Rebuild After Divorce and Get Your Life Back on Track
According to recent studies on multigenerational caregiving conducted by the Pew Research Center, 12% of U.S. parents are also caring for an adult at the same time. This may include adult-aged offspring with developmental disabilities or elderly parents who have moved in with their children. It’s not unusual for elderly people to move in with their children or other relatives as they get older, lose the ability to maintain independent lives, and/or cannot afford to hire the caregiving help they need to fulfill their personal needs and … [Read more...] about 4 Things to Consider Before Having an Elderly Parent Move in with You
My anniversary is coming up soon. And I've stalked my wife on Pinterest looking for gift ideas. Pinterest is the perfect place to find gift ideas for us clueless guys. And I've found the perfect gift. The problem is that it's expensive. Even eBay (EBAY) is pricey for the designer sunglasses that she wants. Then a brilliant idea hit me: I should ask the seller on eBay for a discount. The online retailing giant opened a proverbial can of worms when it started allowing sellers to add the "or best offer" option to auction listings. Even … [Read more...] about You Should Be Haggling for Discounts Everywhere
You can save using coupons. I struggle with it though. I throw them away actually. I don't mean to throw away coupons. It just happens. I stick them in my pocket, wait in line, go to the register and forget to use them. I also don't return to the store and ask for my missed discount.You might think that it's not such a big deal. What's a dollar here or there? But, like most small things, these missing savings can add up over time. Have you ever looked at the savings printed on the bottom of your grocery receipt? What if you forget your … [Read more...] about How to Save a Fortune Using Coupons and Loyalty Cards
I always find it so interesting to see some of the inner workings of professional athletes and famous people’s finances. Below are five professional athletes who filed bankruptcy and have struggled in the past financially for a variety of reasons.
Five Professional Athletes Who Are Struggling Financially
Former Boston Celtics star Antoine Walker spent the $110 million he made playing in the NBA in a ton of different ways. He spent lavishly on himself, but many people have said that he also supported up to 70 people … [Read more...] about