Tag: Budget

What Happens When You File for Bankruptcy?

Bankruptcy is a word that scares most people. For many individuals, bankruptcy is simply seen as the very last option. It’s something that destroys your financial reputation and essentially wipes out any credibility you have. In fact, bankruptcy can give struggling people a second chance. Although it definitely has a number of consequences, declaring bankruptcy Read More…

3 Ways You Can Buy Locally to Benefit Your Community

Buying locally has a number of benefits for your immediate community. Not only can you get some unique items–handmade crafts, clothing, fresh produce–but you’re also putting money back into the area around you rather than just sending it to a large company. However, if you’ve never tried to buy locally before, you might have a Read More…

What to Do When You Have Debt You Can’t Afford to Pay Off

Debt can be a scary thing, and many people don’t know how to handle it. Sometimes, debt is actually a necessity; you’ll usually have to take out loans to pay for college, a house, or a car. However, sometimes, people go into debt in a much more destructive manner. In total, there’s over $800 billion Read More…

The Benefits of a Rainy Day Fund

Many people have a savings account for things such as vacations, taxes, and other important expenses that they can predict. However, what do you do when something happens that you can’t predict? That’s when a rainy day fund can really help. Creating a rainy day fund isn’t actually that difficult, and it can help you Read More…

The Retirement Jam: What’s Your Retirement Plan?

When do you plan to retire? The average age of retirement used to be 65. Americans would plan for decades to make sure they were financially secure, and rely on social security benefits to help them enjoy their golden years. These days, however, things are different. 65 is no longer seen as the standard age Read More…

5 Easy Ways To Save Throughout The Holidays

Every year, millions of us spend more than we wanted to during the holiday season. It’s easy to overdo it. We’ve all read dozens of holiday savings tips. Many of them just aren’t very realistic. But don’t worry, there are things we can do to save money this holiday season. Check out these five ideas Read More…

What Would You Do With $10?

Like so many other Americans, Reed Sandridge recently found himself unemployed. He was laid off from his position at a non-profit company in Washington D.C. Sandridge did all the things people usually do when they unexpectedly find themselves out of work. He filed for unemployment, updated his resume and started searching for a new job. Read More…

Can Spending Money Make You Happy?

Most Americans are closely monitoring their spending habits these days. With concerns about the economy and a growing unemployment rate, people across the country are tightening their belts. A shrinking budget doesn’t mean that people are going to stop spending, but it seems that some expenses may have a more positive impact than others. According Read More…