“Giving” Tips for the non-Natural Giver

Can Givers also be Getters? How is it that getting involved in fundraising and charitable causes is a hallmark of most millionaires even BEFORE they become millionaires? Such was the conclusion of Thomas Stanley in his 2001 The Millionaire Mind book  ...

The Envelope System’s Basic Steps

How to Use the Envelope System to Manage Finances I'm a believer in the Envelope System to help those of us struggling to live below our means. If we're overspending by using credit and/or debit cards, we need to remember that Cash is King. The Envelope System returns the King to his throne so that...

The Only Free, No-Strings-Attached Credit Report

Your Best Option for a Free Credit Report I'm amazed that nearly a decade after we all were given the RIGHT to check our credit reports every twelve months (FACT ACT of 2003) through www.AnnualCreditReport.com, <a title="One...

Cutting Unnecessary Spending

Minimizing Dollar Dumps A Dollar Dump is when we spend anywhere between $1 and $20 or so on a regular basis without considering how much such purchases add up to over time. I'm not one to say we should eliminate all...

How to Talk to Our Children about Money at Different Ages

Talking to Children About Money Above all other financial lessons we try to teach as parents, we need to strive to model healthy money management behaviors in our own finances. We ALL make mistakes along the way regarding our credit, incurring excessive consumer...

How Much We’re Spending on Food

According to the Bureau of Labor Statistics, the average American spends $3,838 each year on groceries (that include men, women and children, so adults will spend more, children will need less, and teen boys will eat us out of house and home)....

Debt Repayment Options Made Simple

Simple Debt Repayment Options As I see it, there are really only four options for getting out of debt. Here they are in my order of preference: Pay It off On our Own. -This is the best option for most people since there are no additional fees. -This option gets pretty tough...

The Supremacy of Saving

Just Save It! When asked what I think the single most important habit of financially successful people would be, my answer is an easy one: they save! So when I'm asked, "What should I be better at with the whole personal finance thing?" again, my answer is easy: Just save, Baby! I don't...

A Commitment to Everyday Savings

Commit to Everyday Savings Every now and then, I hear a few students in some of my classes grumble when I say that "in my opinion, a regular savings habit is the best predictor of long-term financial stability, security, and success." Sometimes, a few of these individuals voice their concern that they don't earn enough...