All Entries in the "Personal Finance" Category
MyJibe Review – Taking Your Budget to the Next Level
Tweet Over the past few weeks I’ve had a chance to experiment with a new financial service that’s aimed to help regular people improve their finances. It’s called MyJibe. MyJibe is a unique, easy-to-use, web-based software for helping people manage their money, make spending decisions and plan for the future so they can have more [...]
Thred Up Because Kids Outgrow Clothing Fast
Tweet Clothing exchanges are wildly popular right now. The reason behind this is really quite simple. Frugal families simply can’t afford to buy new things every time their children hit a growth spurt or grow tired of the toys that they already have. Rather than shell out money to purchase new clothing and stuffed animals, [...]
How to Be a Battle Buddy to Your Family
Tweet This is a guest post by Jeff Rose. Jeff Rose is an Illinois Certified Financial Planner(TM) and co-founder of Alliance Investment Planning Group. He is also the author of Good Financial Cents, a financial planning and investment blog and his currently working on his first book entitled Soldier of Finance. You can see more [...]
Five Year-End Financial Moves for a Better New Year
Tweet It should come as no surprise that the new year is a time of reflection and setting new goals for ourselves. Sometimes it’s a vow to be healthier, or maybe you will finally pay off that nagging credit card balance, but whatever it is we always seem to use January 1st as some sort [...]
Love and Money Between Parents and Children
Tweet Parents want children to be financially independent when they turn into adults. Children want it as well, associating adulthood with financial independence. “I [began to think of myself as an adult] maybe when I was like 20,” said one young woman. “And really, like, got out of my parents’ house and started, like, living, [...]
The Cash Flow Statement: Where Your Income Meets Your Outgo
Tweet Welcome to the final act in our financial statement trilogy, spanning multiple blogs and reaching its thrilling conclusion here on Generation X Finance. Money Under 30 ran our post on the income statement, and Sweating the Big Stuff followed suit with the balance sheet last Friday. Today, we present the cash flow statement. This [...]
How to Raise Financially Savvy Kids
Tweet Children are often not adequately prepared for a financially savvy adult life. Between a lack of formal education and bad habits at home, kids can often be set up to make some costly mistakes once they set out on their own. Therefore, it is essential that parents begin to instill financial values in their [...]
Five Wise Uses for Discretionary Income
Tweet According to Investorwords, discretionary income refers to “The amount of an individual’s income available for spending after the essentials (such as food, clothing, and shelter) have been taken care of.” Few individuals and families recognize the importance of this leftover money and squander it away on impulse purchases like magazines and overpriced coffee. This [...]
How to Create Your First Budget
Tweet Creating Your First Budget is Easy Creating a budget is no fun. It’s even worse if you’ve never actually created a budget before and this is your first time. It’s a bit intimidating. You’re dealing with all of your money, expenses, bills, and income to try to come up with a clear picture of [...]
How To Cope With the Financial Challenges Of Having A New Baby
Tweet A new baby turns a family’s world upside. But in a good way. There is so much joy in a new life but if you’ve ever had a baby before, there is just no way to fully grasp the enormity of the life changes that accompany the event. Outside of the emotional, physical, and [...]
Five Sources of Easy Money That Can Be Found In Your Home
Tweet Are you short on cash and need a quick solution that doesn’t involve taking on a second job? Have you had a chance to inventory the stuff you have lying around your home? If you are anything like me, you are probably sitting on a potential goldmine of valuable products like unwanted books, DVDs, [...]
The Educated Indentured Servant
Tweet Student Loan Debt is a Looming Crisis We often teach our kids that going to school is their ticket to becoming successful. In order to send them to school, we willingly make big financial sacrifices. The debt accrued during the process is typically discounted as a necessary evil because their education represents an investment [...]
Emergency Preparedness: How Does Your Family Rate?
Tweet Emergency situations often catch people off guard and leave them feeling devastated. From financial difficulties incurred from a layoff or an unforeseen medical expense to fires and natural disasters, one thing is certain. Without a rock solid back-up plan, the chances of your family weathering a storm are next to zero. So, what do [...]
5 Ways Social Media Can Cost You Money
Tweet Social Media is Fun, But if You’re Not Careful it Can Cost You Everybody seems to be jumping on the social media bandwagon these days and in just a few short years sites like Facebook and Twitter have hundreds of millions of users. Most people are aware of the fact that the things you [...]
The Importance of Creating a Savings Account
Tweet Saving money. It’s something everyone knows they should do. So why does it seem so difficult to get started? The fact is everyone has to start somewhere, and starting is the hardest part. Having liquid savings is something that might impact you in ways you hadn’t thought of. We all know how important having [...]
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