Posts Tagged‘money’

The Ultimate Guide To Saving When You Have A Growing Family

No matter how prudent you are with money it should go without saying that saving when you have an expanding family is very challenging. Not only will there be lots of unexpected expenses cropping up, a change in employment, insurance coverage, or even childcare costs can cause your carefully constructed budget to fall out of balance. If you already have children and are expecting to add more to your family, it is best to get all of the kinks worked out of your budgeting strategy now rather than in the future. Even a financial expert with a bachelors degree in…

Parenting Stretches the Finances: Raising a Family on a Tight Budget

If you’re a parent, we don’t have to tell you how much it costs to raise a family. We can tell you, however, lots of savvy ways to save a ton of money while enjoying a good life with your kids. In the interest of happy families everywhere, we are pleased to present a few great tips and tricks that can help you stretch your finances. Build a budget Writing up an on-paper budget is a time-honored tradition for people who need to know where their money goes every month. Of course, you can write up a budget on your…

Why A Personal Loan Could Be The Answer To Your Financial Worries

    Source Everyone has had a point in time where they could use a bit more money than they have at their disposal, and for some these situations can be more stressful or frequent than others. Whether you’re struggling to cover rent, need to fill up on gas but need a fill up on your account funds or you are faced with a sudden and unexpected expenditure, we have all been there in one way or another. So what can you do when you are strapped for cash and need a bit of an injection in the bank account?…

The Biggest Mistakes Most New Traders Make

When you are new to the world of trading, especially in volatile markets that can change literally at the drop of a dime, there are mistakes you can expect to make unless you learn what they are and how to avoid them. Most new traders make exactly the same mistakes, so it pays to learn from the experiences of others who have gone before you. Whether you are getting advice on what ‘to do’ or tips on what ‘not to do’ it also helps to read as much as you can on sites like the Stern Options Blog. However, most…

How Your Family Can Benefit From a Financial Advisor

When I first moved into my home with my wife and new baby I remember talking to my Dad about financial matters and he told me that it would be a good idea to consult a financial planner. At the time I was pretty worried about my finances, what with the new baby and home to pay for and I honestly felt as though I could not afford any further outlay. Around two years after this conversation with my Dad, I spoke with a family friend of ours Michael Briese, who is a financial advisor. After this conversation with Mr…

What Do Financial Advisors Actually Do

Source As part of our career focus, today we are going to look into the World of financial advice. Financial advisors work all over the World at a variety of levels, some work with families, there like Springer Financial Advisors work with multi-million dollar businesses and some work with the mega wealthy. The role of a financial advisor can be incredibly complex and today we are going to take a look into what a financial advisor actually does and why so many people place such faith in them and the advice which they offer. Investments Aside from giving general advice about…

Is Your Child Old Enough for an Allowance

Source As a parent, there are so many things you’re responsible for teaching your child. Some occur quite early in life, while other lessons tend to come a little later. Giving your child an allowance has long been seen as a way to teach them about money, budgeting, saving for a goal, responsibility, and what it means to help out and have to work for that money. If you’ve been thinking it may be time to introduce an allowance into your child’s routine, but aren’t sure if they are old enough, you may find this information and advice to be…

Room For Improvement: How To Rebuild Your Credit Score

A three-digit number known as your credit score can have a devastating effect on your lifestyle if it isn’t high enough. A low credit rating can affect your ability to secure a car loan, a mortgage or even an apartment. Low scores affect your interest rate, insurance premiums and in some cases, your employability. The good news is there are ways to improve your credit score, within a few months. Know where you stand Checking your own credit rating will give you a snapshot of where you stand on the scale at the moment. You can do this through a…

Minimize Financial Fallout: How to Plan for a Divorce

Although divorce is common, it’s a topic that people are loathe to talk about. Going from married to unmarried can be traumatic for everyone involved. Despite your anguish, divorce is not the time to stand still. Family life may never be the same, but your entire life doesn’t have to come to ruination just because you called it quits on your marriage. Before you get divorced, there are several financial considerations you must deal with, no matter what. Speak with an expert Although your divorce attorney may be well versed in the legal aspects of the dissolution of marriage, she…

How Much Should My Emergency Fund Be and When to Use It

Finance specialists are of the opinion that you should have at least three to nine months’ worth of your monthly living expenses in an emergency fund. Well, new schools of thought have emerged and ruled that out, claiming that such funds are either excessive or insufficient to cater to the expenses that one would have to incur in emergency cases. So, how much should your emergency fund be and when should you use it? Use Online Calculators Just like it would be unwise to trade forex online without the use of tools like CMC markets, you need to use online calculators…