My Money Personality 1. When you receive your paycheck, what do you do with it? A. Spend it immediately on wants and needs B. Save a portion of it and spend the rest C. Save most of it and only spend on necessities 2. What is your attitude towards credit cards? A. They are a …
Printable Budget Sheet #1 Printable Budget Sheet #2 Excel Version Budget Sheet
There’s nothing better than creating memories with the family. Here’s a list of fun family-friendly activities to try next time you’re bored at home. Create an obstacle course: Use household items to set up a fun and challenging obstacle course. Have a family game night: Play board games, card games, or video games together. Build …
Bonding on a Budget: 25 Free at Home Family Activities Read More »
I’ll be the first to admit it, kids can be expensive, but family fun doesn’t have to be. It’s possible to have just as much fun for free. Next time you’re in the mood for an adventure but money is tight, check out these free family outings. Visit a local park: Go for a walk, …
Family Adventures on a Dime: 25 Free Outings to Enjoy Read More »
IRA stands for Individual Retirement Account, and it is a type of investment account that individuals can use to save for retirement. There are two main types of IRAs: Traditional IRA and Roth IRA. The key difference between a Traditional IRA and a Roth IRA is how they are taxed. Traditional IRA contributions may …
Starting an IRA (Individual Retirement Account) at a young age is important for several reasons: Longer Time Horizon: The earlier you start saving for retirement, the longer your money has to grow. Time is a powerful ally in building wealth, and the longer you have, the more time your investments have to compound and grow. …
Owning a home comes with several costs beyond the initial purchase price. Here are some of the costs of owning a home: Mortgage Payments: Unless you paid for your home in full, you will have a monthly mortgage payment. This payment includes both the principal amount borrowed and the interest rate. Property Taxes: Property taxes …
Buying a home is a significant financial decision that comes with several costs beyond the purchase price. Here are some of the costs associated with purchasing a home: Down Payment: A down payment is the amount of money you pay upfront toward the purchase price of the home. The typical down payment is 20% of …
Life insurance is typically needed when someone relies on your income or support financially. Here are some common scenarios when life insurance is necessary: You have dependents: If you have children or other dependents who rely on your income, life insurance can provide financial support for them in case of your untimely death. You have …
There are several types of life insurance available, and each type serves a different purpose. Here are the most common types of life insurance: Term Life Insurance: Term life insurance provides coverage for a specific period, typically between one and thirty years. This type of insurance is generally less expensive than other types of life …
