Searching for gifts for those close to you is a challenge for many people. You may have bought a gift and then seen something else that you know they would really love and bought that too. Before you know it, you have spent more money than you can afford, and it can take a while to clear the debt. You need to work to practice gift giving on a budget. Most financial advisors suggest that you spend no more on a gift that you can pay off in one or two months. Gift giving on a budget does not mean choosing cheap gifts that lack quality or … [Read more...] about How to Handle Gift Giving on a Budget
When you’re in college, you have so many opportunities to go and have fun, explore the world, and open your mind. However, most of these things come with a price tag. As a college student, money will be tight for quite some time. Even if you have a job, college is expensive, and unless you received a full scholarship to the school of your choosing, be prepared for hefty bills and not a lot of disposable income. If you’re smart about your money, though, you can save a little bit, pay your bills, and still enjoy your time. Follow our six … [Read more...] about 6 Money Tips for College Students
A wise person once said, “Most stress is caused by three things: family, money, and family with no money.” Family means the world to a lot of us, but when they start asking for money, that’s when things start to get complicated. A recent study found that over a third of respondents said that money was the primary cause of friction in their relationships, and stress in any relationship can be detrimental. Whether your spouse is bad with money, a family member was hit hard by unexpected financial setbacks or a friend keeps asking you for money … [Read more...] about How to Turn Down Family Members Who Keep Asking for Money
Let's face it; you work hard for your cash. Unfortunately, it may not be working as hard as it could be for you. While most of us tell ourselves that we're doing the best we can with the cash that we have, the truth is that there are plenty of lesser-known ways to save money that could end up placing more of your pennies back into your pocket. If you've tried all of the obvious tips for saving money, like tracking your expenses with an online app and making sure that you have a list when you go food shopping, give these ideas a try … [Read more...] about 7 Lesser Known Tips for Saving Money
By some estimates, financial scams targeting seniors cost victims over $2.9 billion per year. In some instances, family members, friends or neighbors are the perpetrators of these scams – also referred to as elder financial abuse – while in other instances, it’s an anonymous cyber criminal casting a wide net to see how many seniors unwittingly take the bait and send money. Perhaps you’ve seen an elderly family member or neighbor fall victim to a financial scam before or you’re growing increasingly concerned about an older loved one’s ability … [Read more...] about How to Protect Elderly Family Members from Financial Scams
The following is a guest post by John Cortines, author of True Riches: What Jesus Really Said About Money and Your Heart. If you'd like to submit a guest post to Money Q&A, be sure to check out our guest posting guidelines. We all want financial peace. It’s easy to think that financial peace comes from achieving our long-term goals, and then kicking back and fading into a pleasant sunset, sipping a margarita. Unfortunately, despite how popular this method of financial planning and thinking may be, it simply doesn’t represent how … [Read more...] about Three Metrics for Financial Peace – Do You Pass?