Category: Budgeting

As a millennial, you’re part of a unique and special generation. You’re probably at the exciting stage in life where you’re just starting out — or you’re beginning that career climb. Undoubtedly you want to avoid some of the financial pitfalls that have befallen previou...

Knowing how to make a monthly budget is the important first step to financial freedom. That means retiring comfortably, spending time with your family, and traveling like you always wanted. Monthly budgets, however, aren’t something you can set and forget about. In order to make one work for you a...

Americans average about four credit cards per person with an average balance of about $8,000. Add in a car payment and an outstanding medical bill, remembering to make all those monthly payments or struggling to meet the minimum payment are the main reasons people look at debt consolidation. Instead...

Although over 40% of Americans’ financial resolution is to find ways to save more money, less than half of Americans use budgeting as a way to save. Making a personal budget not only helps people save but can also help them achieve financial stability. Knowing how much money is needed to cover...

According the American Psychological Association‘s survey, which measures causes of stress, money consistently lands near the top with 61% of Americans reporting money-related anxiety. The biggest factor in this stress is overspending. We worry when total expenses (amount spent monthly) exc...

Americans today exist in precarious financial situations. CNBC Money reports that 49% of Americans live paycheck-to-paycheck, meaning they spend every dime of their monthly income with little left for saving. In fact, Americans save so little that 61% of us have not saved enough ...

According to Debt.org, credit-card-carrying American households owe $15,000 on average in credit card debt alone, and the Federal Reserve Bank estimates Americans will exceed the nation’s record high ($12.68 trillion) in total debt which peaked during the 2008 recession. With high interest ...

Managing your money isn’t as simple as it sounds.  With more and more financial services being offered online, many of us no longer balance a checkbook or know our bank account balance.  Tracking expenses to stay on a budget seems more difficult.  Fortunately, there are apps to ...

Whether you consider yourself a spender or a penny-pincher, the holidays present many challenges when it comes to staying on a budget and meeting long-term financial goals. The problem is that there are so many additional opportunities for spending during the holidays. In addition to purchasing...

5 Tips to Relieve Your Debt and Stress The average debt load for Americans, including mortgages and car loans, is $132,529. Of that, over $16,000 is tied up in credit cards. All of this debt contributes to a high level of stress for many families. If you’re ready to take charge of what you owe...