Your home is likely the single largest expense in your budget. If you don't already own a home, you've likely thought about the possibility. You've probably heard a lot about how buying a home is the best decision you'll ever make. You might already be saving up for a down-payment, which is great! However, before you take the plunge into home ownership, consider both the pros and cons. The . . .
Everybody (and everybody's mom) wants to trim their grocery bill. Eating is expensive! And your grocery bill is probably higher than it could be. There are several ways to trim how much you are spending on groceries. You can watch the ads, stock up on good deals, shop at cheaper stores, etc. But there's one tool that will make or break your grocery budget- the list. Do I Really Need A . . .
If you're like most people, you've probably thought a little bit about what your retirement will look like. It's probably fair to say that you have dreams for retirement. Perhaps you want to trot the globe. Maybe you want to settle in a cozy cabin in the woods. It could be the Florida beaches. Or it might be something completely different. It might even be as simple as living where you're living, . . .
A while ago, my 3-year-old was at his grandparents' house. At one point, he went through the house turning lights off and scolded his grandmother saying, "Grandma, you're wasting money!" I wonder who he got that from. But on a serious note, how do you raise kids that are good with money? Before we go any further, watch this TED talk: Making Money Real Of course, every generation . . .
If you're not old enough to notice the gradual rise in prices over time, you've probably heard other people talk about it. People complain that their groceries cost more than ever before. Or maybe you've been told a dozen times what a penny could have bought you back in the day. This is inflation. But where does it come from? And how can you beat inflation? The Gold Standard Every once in a . . .
I don't do my own oil changes. I don't know how, and I have no interest in learning. You probably want to scream at me about how much money I could be saving. I'm a personal finance junkie after all. Don't worry, enough people have already told me about all the savings I'm missing out on. But if you want to tell me again, feel free to leave it in the comments. Changing Your Own Oil . . .
You probably know full well that retailers have an arsenal of marketing techniques to get you to pull out your wallet and spend. Unless you have superhuman self control, you've probably fallen prey to these techniques more than once or twice. However, there is one marketing strategy that is particularly dangerous to your budget. When marketers target your habits, they are not just attempting to . . .
Pennies and Dollars is 6 months old today! I asked my wife if she'd throw me a birthday party. She pointed out that we don't even throw 6 month birthday parties for our kids. Valid point. So, since bloggers love to compare notes from time to time, I guess a post will have to do. So here goes my 'State of the Blog Address.' Where I Came From Back on August 1, 2016, I wrote my first post. I . . .
Saving for a rainy day- we're told over and over how important it is. Because it is. It may be all sunshine now, but rainy days are a guarantee. Regularly stashing away money in an emergency fund gives us a buffer when unexpected expenses pop up, or worse, when we lose part or all of our income. However, emergency funds are not infinite and will dry up if your rainy day turns into a rainy many . . .
I recently wrote a little warning about not wasting your refund. I know, I said I wouldn't tell you what to do with it- just figure out how to use it wisely. But maybe you're stumped. Here's a quick list of ideas to get you started. Mix and match, pick one, pick all, or none at all. 1. Build Your Emergency Fund Don't get caught off guard by life's surprises. If you haven't started . . .