My husband sometimes accuses me of hating to spend money. This is false. I just hate spending money on certain things. Not too long ago, my husband made a trip to Wyoming to buy fireworks for the Fourth of July (which we will be celebrating on the 6th due to a number of circumstances). My […]
Do I Hate to Spend Money? Read More »
The IRS makes a distinction between earned income vs. unearned income. Know the difference. When you file your taxes, it is important to understand the difference between earned income vs. unearned income. Indeed, one of the tax lessons that we can learn from the wealthy is that unearned income can be beneficial, depending on the
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Even if you hit the jackpot, there is no magic solution to fix your finances. Having money doesn’t mean you know how to manage it. As a newlywed who had just finished college, I looked at my finances and despaired. Credit card debt. Student loans. No job yet. I fantasized about how just the “right”
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Watch out for financial judging. After all, what you choose to spend money on may appear stupid to someone else. Take a step back before judging personal finance choices. We all make choices with our money every day. It goes beyond trying to cut costs and avoid wasting money. Our money choices say a lot
Are You Judging Personal Finance Choices? Read More »
Please, for the love of heaven, develop a marketable skill. You won’t earn more money until you do. In my personal life, I know quite a few people who want to earn more money. They jump from job to job and scheme to scheme, looking for just the “right” job that will provide them with
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Help your child get a hard start in paying for college with a 529 plan. Every month, money is automatically debited from my checking account and deposited into a 529 plan that I opened on behalf of my son. While it’s not a huge amount of money, and the end result will probably not pay
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