One reason that some people may shy away from ditching the older technology is to preserve the ability to get in touch with family members who are at home and do not have a mobile phone. But for whatever the reason you may be keeping it, there may be another option that could save you some money
What I'm about to tell you is a true story about a lady who, at the age of 88, is a multi-millionaire. She did not inherit her fortune, she amassed it dollar-by-dollar over a period of some 40 plus years. She did not hire an investment firm or use a financial counselor.
What would you have done? Would you have asked to be reimbursed for your shipping cost?
Discovering a leak in your house that causes a ton of damage is just like the money leaks you can experience in your money situation.
Once you have your side hustle figured out, you can move forward with your plans. Get to work, and apply any money that you make to reduce your debt.
Need extra cash? Great! Now you can host a traveler, meet new and engaging people, and make money doing so.
We didn't have a full understanding of how much our lives would have to change when we enrolled in the debt management plan. We knew we had to get our finances under control, cut our spending, and live within our income for the first time in our lives. Unfortunately, we were in denial regarding just how far out of bounds our spending had become.
So far, I have achieved my goal of not allowing the bills to double up. We are "chasing" several, which means we are paying them late but not so late that the next one is due.
I learned more about myself then I ever have before, and I'm able to look back on the experience with such fond memories.
When I started my current job, about 27 years ago they offered me a 401K plan and explained how things worked.
As with my last job, this job does require me to do some traveling. Unfortunately, my experience has been quite different! I have really enjoyed the aspect of traveling for the jobs I have been in and am fortunate that my personal life allows me to have the flexibility to do so.
When one income is taken out of the financial equation that runs the household, plans and goals may need to be altered or even "put on hold" for the foreseeable future.
My first reaction was to pay the bill immediately because that's what we've always done, and because cars are necessities. That would have had a significant impact on our budget for the coming month
I have to admit there's a lot about retirement planning, saving, and finances that I know nothing about. I have some kind of account through my job, but I've never touched it - I've never changed my allocations to it, I've never invested it, I don't even know how to log in to see what's in there.
Most of us begin planning for retirement and setting aside funds for that time years before we actually retire. We worry about having enough money to take us through our retirement years and wonder HOW MUCH IS ENOUGH?
A staple of American living is the summer vacation. Every year, families make plans to go somewhere different and do something fun. My family is the same way. I love to travel, and to get away from the humdrum that can be life during the summer months.
My ex and I live in a community property state. That means we are both equally responsible for any credit during the marriage, no matter who opens the line of credit.
And though we want to create a safe and argument-free "bubble" for our kids, they will grow up one day and be subject to the same financial issues that many spouses contend with; it's good for them to understand this is normal, and to foster an environment where money matters can be freely and openly discussed.
Over the last three months, I have found myself as a single person once again.............. not by choice, but because my husband unexpectedly asked for a divorce.
But as soon as I open the door and give myself permission to do something, it's full blast time. I'll exercise to complete exhaustion, inhale a can of soda in a minute, or eat licorice sticks until my stomach hurts.
When is it fair to say to my sister, you are now bringing more people on this trip and therefore you need to pay more?
However, if you've decided that you just have to have a credit card, here are some of the things that you will probably tell yourself and the mistakes you will probably make while using your cards. They will be sure to keep you in perpetual bondage to your debt, just like the friendly credit card companies would like for you to do.
You have probably heard the stat that half of marriages end in divorce. Of those that do end in divorce 50% of them cite money problems as the cause. So, removing financial stress from your relationship cuts your chances of divorce in half!. Pretty crazy.
If the choice is to laugh or cry at the situation, I always choose to laugh. I have to tell you this because I think this is going to be a "whine and stomp my feet" blog entry.
There is no time like the present. The longer you let something fester, the bigger the issue will become, and the more explosive the fallout could be.
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.