Personal Money Management

Losing a job is one of the most traumatic experiences a person can have. After dealing with the initial shock, it's important to plan out a financial strategy for dealing with the situation....

It is important to teach kids to budget, but what is the best way to do that? Too often kids have no concept of what things cost or how hard parents work to make ends meet. Some kids leave home...

Everyone wants to live comfortably in retirement, but without a steady income, you may need to rein in some of your expenses. When you take control of your retirement investments, you'll be able...

With the recession still firmly griping the economy, gone are the days when people could afford to be spendthrift. In this day and age it is best to tighten your purse strings and budget your...

Keeping organized and accurate personal medical expense records is important to safeguard both yourself and your personal finances. Insurance companies can, and do, make mistakes. A Flexible...

Thinking you have your expenses under control and your budget "on target" can be a false assumption. Sometimes we get ourselves lulled into such a financial state, we loose track of...

There are many articles which explain how to be financially free. Unfortunately, most of their methods don't work for anyone in the real world, because real world people have kids, charities,...

Cash management is crucial to a sound personal finance strategy. Understanding your expenses and a personal budget, are the first steps to cash management; proper investment of savings provides...

Money management problems are usually a result of poor financial education. Many people do not have a good understanding of how to properly manage their income and expenses, causing some difficult...

Debt can leave you spending your hard-earned income each month just to make minimum payments. When you owe money on loans and credit cards you are charged interest in addition to principle....

Many lenders require a financial worksheet to approve a mortgage loan, business loan or personal line of credit, but gaining a loan is not the only reason you should create and maintain a personal...

Many people either do not understand or are not aware of their own financial situations. While taking care of financial matters can be both tedious and difficult, it is not impossible. With proper...

Whether you are a newly married couple, or have been together for a long time, how you handle your combined income can often be a major problem and the source of many fights. Yet, there are some...

For some bill paying or check writing is done with fingers crossed and a prayer that the check doesn’t bounce! To help mitigate that feeling of dread, I created an electronic spreadsheet that I...

In this troubled economy many people's attention has moved to their finances and have been looking for ways save money. It has been a trying time, but trying times can be good for the soul. If you...

With our lives getting more and more complicated all the time, it's important to get our money organized and budgeting software is perfect for it. Budget software will keep your income and...

Have you ever wondered what your condo fee is used for? Where does the money go?

A pro forma income statement is a best-estimate projection of income and expenses, usually over a one- to three-year period. Pro forma measurements are used in loan requests, determining the...

For money crunches and reasons only known to each of us, we have a need or desire to cut back and reduce expenses. Some of us are just concerned, and others are already in some financial...

Having trouble with managing your spending, carelessly paying bills late, or just feeling a little out of control? Here are a few simple tips I share with my clients to help them take back...

The first step to winning with money is to make a personal budget. By recording and following a written money plan, you will be able to pay off debt, save for large expenses and plan for the...

You can use several techniques to teach money management skills. List all of the benefits associated with sound money management along with the pitfalls you can encounter if you don't utilize...

Home budgeting is a plan you create to track money coming in and going out. Uses for home budgeting include paying off a bill or saving for a big-ticket item such as buying a home, paying for...

Numbers don't lie - at one point or another you get distracted and when you check your bank account balance, it's much less than you thought it was. Expenses are a part of life and while you can...

In many ways, running your home isn't so different from running a business. Basic budget planning and execution can help to ensure that you have the things you and your family need and want...

Learn how to determine your financial number. This number is what you will need on a monthly basis to live an enjoyable and comfortable life. Financial number = Debts + Living Expenses + Fun/Life.

In order to cut household expenses, a person or family must first create a budget to to gain a better understanding of what they are spending money on. Find out how to use coupons to save money...

You may have just lost your job, don't have enough money to feed your family, take care of sick family members, or you have a lot of credit card debt. There are ways to get over and survive this...

Maybe you've moved into your first home, or it's your first encounter with a development that has a homeowner association (HOA). Either way, you may be unfamiliar with homeowner association fees....

There are many ways to get financial assistance to cover a loved one’s funeral costs. Using one or a combination of sources, funeral costs can be greatly reduced and made more affordable.

You already know that managing your money means budgeting, controlling expenses, saving for retirement, paying off debt, and paying down student loans. If your personal financial plan is going to...

Nursing home care can be an essential need for many elderly people. The expenses incurred from nursing home care can be costly. Many times if there are assets owned by a person when he enters a...

Are you considering moving to a new city or state? It will be important to determine the cost of living in your new location in order to know what salary you will need to maintain (or improve)...

FSA's, flexible spending accounts, are designed to help employees pay for medical expenses with pre-tax dollars. Your employer sets up the plan and withholds a designated amount of money from your...

Are you looking for help to pay off bills during difficult economic times? Have you lost your job or been laid off as a result of the current economic recession? Even if you still are employed,...

Discover the simple secret to living without fear or stress during these economic times. You can prosper now!

If our economy keeps losing jobs and the stimulus package is not large enough to be effective this year, the U.S. economy could spiral into a depression lasting for years. We hope and pray that it...

A financial budget is a useful money management tool, which can allow greater financial freedom in the long term by effectively allocating assets and spending on month-to-month basis. One reason...

Budgeting your income is a lot easier if you learn personal money management skills. Follow the budgeting tips below to help manage your debt and take control of your personal finances.

If you’re feeling overwhelmed by mounting debt, then here are a few quick tips for getting your debt under control.

Living within a budget is not difficult to do, but it's helpful to make a ledger with fixed expenses, variable expenses and income. Find out how to revisit a budget with advice from a registered...

Living expenses are the costs that a family or individual faces on a regular basis. These can fall into many categories and often have very different definitions. Understanding and evaluating...

One of the hardest things to do in difficult financial times is to keep more of the money you earn from each paycheck. Although you can take steps to stretch your dollars and watch expenses, the...

Here is an easy way to manage your home finances by creating your own free sample of bill organizer sheets. This bill sample bill organizer can be printed making it both a user friendly and...

Are you struggling to pay the bills or are you trying to get ahead? A cash flow statement is a great way to see where you stand financially. In this tutorial you will learn how to make a cash...

There are only two ways to improve your financial bottom line at home: increase income or reduce expenses. Read on for a few practical ideas for ways to cut costs out of your budget at home.

Budgets help companies manage their money, and your household should be no different. Creating a household budget worksheet will allow you to keep your finances organized, pay your bills on time...

Don't let your company's cafeteria plan outwit you! The cafeteria plan is actually a great resource that allows you set aside money every month (before taxes are taken out) for medical expenses,...

Budget software is very useful when creating a budget. It makes it simple to design a workable plan in minutes. Many people are hesitant about creating a budget. The word itself brings fear to the...

The economy isn't always where people would like it to be. There are times when America stands in a stunned silence as its hopes and dreams begin to crumble. Of course, what happens on Wall Street...