I have talked about how using my notebook, Quicken, and Excel is a juggling act each paycheck. I am afraid I will miss a bill, think I paid something that I did not, or forget that an automatic payment is coming through.
I wanted to make more than just one payment a month to my credit card. Not that I had any extra money, I'd already sent all I had, but waiting a whole month to see the balance go down again was painful.
We've all heard the hype; student debt is surpassing credit card debt and it is not just affecting recent college graduates anymore. Student debt is had by young and old alike. Want a peek at just how high the number of outstanding student loan debt is?
Paying off over $50,000 of debt is one thing, but for me, it is the fact that I paid my debt. That was really important to me. I wanted to take responsibility for my actions and pay off this money that I so eagerly spent. And I did.
The report shows that the 50+ crowd carried an average credit card balance of $8,278 in 2012 compared to those under 50, averaging $6,258.
I'm talking about the person in the family that eats all the leftovers and uses all the products that everyone else has grown tired of, or has thrown in the trash convinced the container is empty.
Think about it: we get handed a lot of ideas about what achievement is supposed to look like. Our parents and teachers and spouses and the media tell us that astronauts are achievers, as are surgeons and Olympic athletes and CEOs of Fortune 500 companies. And, sure, those are all great things to pursue -- but they're not for everybody.
Do you ever teach your kids any lessons about how to manage money?
So, the good news is my husband is working again! Whoo hoo! Talk about a weight off our shoulders! The bad news is we have a little digging out to do after about three months living on only one income.
I have found that having my bills paid automatically through my main checking account is very convenient. I no longer need to worry about forgetting to pay a bill. I also know exactly where I sit financially every month after the bills have gone through.
With technology moving ahead, and thanks to direct deposit and automatic debit, there is a lot of interest in automating your finances. Automation can be a great thing for your finances. It means that your money goes where it is supposed to - and you don't have to remember to pay your bills.
For years, my long-haul flights have been largely in business class - for less than the price of economy tickets. Here are 13 frequent flyer mile strategies to help you do the same.
It's a morning routine that we have welcomed. It forces us to talk about our finances on a daily basis, ensuring we're always on the same page.
I must admit that I was a holdout for a long time, arguing that I would never engage in such "high tech" financial dealings because I wanted to have full control of my money. Way back when, I felt that if I set up an automatic withdrawal, I was somehow giving control of my money to someone I didn't even know.
I was able to set up auto payments for my student loans via the lender's website, which actually knocked off 0.25 percent from my interest rate. My car payment is on auto pay, knocking 5 months off my repayment time. My Netflix, Sunday Times, and dog medicines are on this system. And of course my DMP payment is on auto pay.
The goal of the debt movement is to pay off $10,000,000 of debt in 90 days. But the goal is just the beginning, we really want to get people talking about and doing something with their debt. Supporters of the debt movement are sharing their debt stories, giving financial advice, and providing tools you can use on your journey to debt freedom.
February brings Valentines day and unexpected expenses are bound to crop up to make your loved ones feel, loved. Dinner, flowers, chocolates...they all add up! This year make Valentine's day guilt and debt free by entering our CareOne Gives Back Giveaway!
Frugal living and budgeting are not the same thing. I want to separate those ideas in your mind. They are two different things. You can do them at the same time. Budgeting may lead to frugal living. But they are not the same. Period.
Did you ever hear the phrase, "You are your own worst enemy."? I subconsciously fall prey to this all the time. I beat myself up for things beyond my control, sabotage diets, and yes bust my budget all without realizing I am in control of my own destiny.
It is not secret that where you live can influence different lifestyle different lifestyle habits. Regional factors can influence your employment, housing and even retirement. Our CareOne customer bloggers are spread out across the states and bring that unique regional view to their debt stories.
Thanks to the new transaction fee rules that took effect January 27, 2013, for both Visa and Mastercard credit and charge transactions you may now be charged up to 4% just to swipe your card.
I believe in this statement, and really have no trouble putting money into the savings account. What I have trouble with is taking money back out of the savings account.
What do you do to make life on a budget more enjoyable, easier, and just plain better? How do you manage fun and your money at the same time? Enter our monthly Share the Wealth contest, and tell us your solution to some of life's challenges. Each month, we'll post a new question and look for your innovative answers. You could win a $250 gift card!
Which are the most valuable online tools for supporting your dreams? Here are some favorites from my friends and myself.
Renting to own, is this a good financial move or you basically burning money like a 19 year old NBA rookie?
In addition to the blogs, be sure to check out the new CareOne Groups:
Are you finally out on your own and figuring out how to balance your finances? If so, this is the group for you. In Starting Out, you can talk about the challenges you are dealing with in a group of like-minded people.
Do you feel like you are finally understanding what being a "grown-up" is all about and are settling into your adult life? If so, this is the group for you. In Settling In you can connect with others who are just like you.
Struggling to balance all that an established lifestyle has to offer? The balancing it all group is for you. Discuss the challenges you face when your responsibilities at work, at home and with family and friends all compete for your attention.
Are you currently retired or planning on retiring very soon? If so, this is the group for you. Times have changed and so has retirement. Learn how others are redefining retirement.