Category Archives: Spending

6 Important Things to Do When Buying Your First Stock

6 Important Things to Do When Buying Your First Stock

When tasked with making their first stock purchase, the average person is often unsure about how to proceed. Even those who have done their homework to learn about the stock market and choose the best stocks for their purposes may not understand exactly how to perform the transaction. The following is a brief guide to… Continue Reading

The 5 Steps Involved with Purchasing and Financing a Home

The 5 Steps Involved with Purchasing and Financing a Home

The decision to buy a house is stressful enough without having to contend with the confusing mortgage process, which adds significantly more pressure to the entire situation. Before making the decision to purchase a home, buyers should spend some time investigating the purchasing process, so that they know what to expect and can prepare themselves… Continue Reading

3 of the Most Eye-Opening Financial Tips to Implement in a Medical Emergency

3 of the Most Eye-Opening Financial Tips to Implement in a Medical Emergency

One of the leading causes of bankruptcy in the United States is medical bills, even for people who have insurance. Preparing for the unexpected, such as emergency medical care, is one of the keys to continued financial solvency. This is especially the case during retirement, when people’s income is often limited. Estimates show that average… Continue Reading

5 Things Recent College Graduates Need to Know about Money

5 Things Recent College Graduates Need to Know about Money

When people graduate from college, they typically have little experience managing their personal finances. While some schools do offer financial literacy classes, these courses are generally not required, and many students have no access this type of resource. After graduation, young people often join the work force and bring home their first paycheck, which proves… Continue Reading

5 Important Considerations for People Shopping for Mortgages

5 Important Considerations for People Shopping for Mortgages

The decision whether to rent or purchase a home is complicated and deserves a lot of careful consideration. Once someone decides to purchase a home, the questions only become more difficult when the need for a mortgage arises. Very few people can afford to purchase a home outright, so the vast majority of individuals will… Continue Reading

How to Teach Your Children about Financial Responsibility

How to Teach Your Children about Financial Responsibility

Perhaps the biggest financial stress when it comes to raising children is saving for college. However, long before parents send their children off to higher education, they need to instill in them a sense of financial responsibility. Many parents struggle to find meaningful ways to interact with their children about money, and some avoid the… Continue Reading

5 of the Worst Mistakes Parents Can Make as They Save for College

5 of the Worst Mistakes Parents Can Make as They Save for College

One of the most stressful tasks that parents face is saving money for college for their children. With the cost of higher education continually increasing, parents can quickly feel overwhelmed by the numbers. To make matters even worse, a number of different savings options exist, and choosing the best one can prove difficult. While it… Continue Reading

5 Common Personal Finance Tips That You Should Ignore

5 Common Personal Finance Tips That You Should Ignore

Personal finance tips come from a wide variety of sources. We may get tips from our family, friends, and coworkers, or even from finance professionals. However, not all advice should be considered quality guidance and, in fact, many of the most common tips circulating today should be altogether ignored. When you’re on the path to… Continue Reading