Fear of accumulating debt is understandable. Many of us have it, especially those who have experienced first-hand how devastating and stressful paying a debt back can be. I’m not a stranger to debt myself. I put myself through the wringer working part-time in addition to holding down a full-time job when I was fresh out of college. I had student …
In my years of working in an auditing firm, I’ve encountered people who were so good at making money. Their methods varied, but they had one thing in common: They had clear goals and worked hard at reaching them within a set period. What they were doing was financial goal setting. It is a practice I recommend to my family, …
Every year, we promise to become smarter spenders and better savers for the months to come. Most of us do a good job in budgeting and holding back on leisure expenses in January, with many of us telling ourselves “I want to save money!” and holding off on major purchases for the month. After that initial burst of optimism, however, …