splurging money
19 Apr

Save or Splurge: Questions to Ask before Splurging

All of us face those major expenses that fall under the category of “wants” rather than “needs.” And when you practice smart budgeting, there’s no reason that you shouldn’t treat yourself to those types of expenses every now and then. But how do you decide when it’s a good idea to splurge on something and when it might be better to save your money instead? Here is a look at some questions you should ask before splurging on something major.
10 Apr

Cash: A Dying Payment Method?

When was the last time you used cash to make a purchase? Stop and think for a moment. Are you surprised by how long ago it was? Perhaps you don’t even remember. With the rise of chip cards, contactless payments, smartphone payment methods, and direct deposit smartphone apps, people are definitely using cash less and less. And this, of course, begs the question: Is cash a dying payment method? To put it briefly: Most experts seem to think so. Here is why—and why you should care.
fresh tomatoes
01 Apr

When ‘Cheaper in the Long Run’ Isn’t Better

Saving money often involves stretching yourself somewhat financially in order to enjoy a much larger return in the form of savings. When you purchase your groceries in bulk, for example, you spend more money on groceries at first, but your groceries last much longer, saving you money in the long run. Investments like this can help you live a much more stable life financially. Sometimes, however, it can hurt you financially to apply this “cheaper in the long run” mindset. Here’s why.
Lady drops money on groceries
01 Feb

Being Healthy on a Budget

Every year, most people make the decision that they want to live a little healthier. However, there are many reasons that people let this decision fall by the wayside. Sometimes, it’s just the inconvenience that a healthy lifestyle presents in someone’s everyday life. However, for many people, one major perceived roadblock is that it is more expensive to live a healthy lifestyle, due to the price of healthy food, and the notion that a person is going to need to fork out for a monthly gym membership. This is a misconception, though. It’s actually quite possible to be healthy on a budget...
woman using credit card
15 Dec

Best Practices for Using a Credit Card Responsibly

Many of us—especially young adults—are afraid to make the switch to a credit card because of the possibility of accumulating credit card debt. Still others who already have credit cards use them with little regard as to how accumulating debt and/or building credit will affect them financially. The fact is that credit cards are almost essential for building a credit history (which comes in handy when applying for any type of loan), and using a credit card strategically can truly be beneficial to your financial stability. Because many people are unaware of how exactly to use a credit card wisely, here is a primer on best practices to keep in mind when using a credit card.
bank customers
01 Dec

Bank vs. Credit Union: The Key Differences

People tend to use the word “bank” to refer to any financial institution, but really there are two types of financial institutions you need to be aware of: banks and credit unions. Banks and credit unions are similar in that they both offer financial products to customers, such as checking and savings accounts, CDs, loans, and credit cards; but there are some key differences between the two to consider as well. Here is a look at the primary differences between banks and credit unions.
Grocery shopping
15 Nov

How to Spend Less on Groceries

Groceries are an essential monthly cost, but it’s also an area with a lot of wiggle room. Sure, you need to buy food, but do you need as much as you usually get? There are a million ways to cut back on your grocery bill, and still eat well. So, if you’re looking for a place in your budget with a little bit of wiggle room, look no further! Pick a few of these tips, put them into action, and watch your monthly grocery costs fall, leaving you more cash to save or spend on things that you really want.
Car
01 Nov

Saving Money on Car Expenses

While cars are an infamously bad investment, it’s also true that it’s hard to get by in modern life without one. Cars cost Americans over $8,000 per year. That includes insurance costs, gas, maintenance, fees, registration, and depreciation. In fact, a car is usually the second-biggest expense in life, after housing costs.