We all have our own unique way of handling our finances. While some of us are natural born savers, others may have a hard time making it to the next paycheck. Fortunately, most of us fall somewhere in-between, putting away money at times, while making frivolous purchases at other times.
There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of help available.
Who hasn't heard some or all of the following?
Be sure to check your credit score periodically.
Apply for a credit card so you can establish credit.
Your credit score dropped.
Your credit score rose.
What exactly does any of this mean and what is considered a good credit score?
If you’re in your 20s, rejoice! You’re in a great position to create the life you want, starting with a secure financial future. While it’s common to feel overwhelmed when entering the workforce full time, there are a lot of things you can do fresh out of college that will help you attain your professional and financial goals earlier than you may expect.
If you were to guess how much you spend on eating out per month, chances are you’ll miss the mark by a quite a bit.
In a recent study, I found that adults tend to underestimate how much they spend on eating out by more than twice what they’re actually spending.
Even with a thriving economy, many Americans continually struggle to save money. While it’s certainly tempting to spend that extra cash, socking it away for the future in an IRA or investing in stocks makes much more sense. Try out a few of these tips, and you may find yourself with extra money to put aside for college or retirement.
How often do you take the time to review your finances and investment portfolios? Did you know that there are recommended timelines for this activity that can help you stay on track financially?