9 Young Entrepreneurs Who Became Personal Finance Prodigies
It’s hard learning how to manage money responsibly, especially when you’re young and think you have a disposable income and zero responsibilities. Getting a head start on learning the value of money and how to budget your personal finances will better prepare you for your…
7 Personal Finance Miracles
Most stories of financial success are relatively boring. They involve years of hard work, countless sacrifices, and repeated failures before the money starts pouring in and the glamorous part of the story finally takes place. Those types of stories aren’t what we’re talking about here….
12 Epic Financial Failures
Hollywood has always had flops, really big flops, and then it’s had “Zyzzyx Road.” This 2006 thriller starring Katherine Heigl and Tom Sizemore had a budget of $2 million, but grossed only $30.00 in its U.S. release.
Hidden Millionaires: Lessons From Unconventional Money Management
The last generation of frugal millionaires saw the careful preservation of cash and conservative personal finance as essential to survival. These rich individuals gained their wealth slowly through careful planning and extreme saving. By living below their means, these individuals created freedom in their lives, and a buffer from the economic problems over the last decades. Precursors to the newest generation of frugal, yet generous millionaires, the following individuals broke many myths regarding the way that wealth can be generated and spent.
Live Debt-Free
To hear the media tell it, Americans are basket cases when it comes to borrowing. The average credit card balance per person is nearly $4,000. College grads who leave school with student loans typically owe more than $19,000. Home foreclosure rates are soaring and threatening…
Three Simple Steps to Financial Security
Before being put together, jigsaw puzzle pieces don’t mean much. They’re nothing but a blur of color and befuddling shapes. But organize them properly, keep your eye on the big picture, and you can fit them together to create something amazing.
How to Create a Budget
If you’ve been following along and setting up Quicken as you work through this guide, you now know where your money is going, and where you stand regarding your upcoming bills and income. Knowing these critical facts about your finances sets the stage for the next huge benefit of Quicken: keeping your spending in line with your income. And relax, you don’t need to track each and every penny; tracking just a few critical spending categories is usually enough to keep your expenses under control.
Stop Living Paycheck to Paycheck
In this economic climate, more of us are struggling to pay the bills, buy groceries and fill up our gas tanks. Paying off the mortgage, putting the kids through college without financial aid, and amassing $1 million for retirement seem out of the question now. Just having cash left over at the end of the month would be nice.
How to Set Financial Goals
You probably don’t expect to attain great wealth in your lifetime. Simple financial security would do, if only you knew what that meant. It’s a slippery notion, all right, but it does have a few characteristics you can grasp.
How to Plug the Holes
One good reason to endure the occasional drudgery of budgeting is that it alerts you to trouble while you still have time to do something about it. You’re forced to find out why your expenditures are climbing and to take action.