It may seem like there is a lot to personal finance. And in one sense there is. There are thousands of different approaches to personal finance. And this can get overwhelming. It may seem so overwhelming that you feel paralyzed at square one. But it doesn't have to be. There are a handful of things that are critical in personal finance. All the rest is splitting hairs. So go through each of these items one at a time and make an improvement in each area. . . .
When you're living on a budget, the little things count. This is a list of things that I do to save money. Should everyone have the exact same list? Of course not. Everybody values various things differently. I'm sure there are things that you do to save money that I'd much rather pay more for (like oil changes), and there will be things on my list that you'd rather not do. But hopefully there . . .
Self-pity seems to be in vogue. And culture definitely isn't discouraging self-pity. This trend seems to be focusing especially on millennials. The Elite Daily, for example, recently detailed what they see as the biggest problems for middle class millennials. This article happened to strike a chord with me. I'm a millennial and have experienced aspects of 5 problems. For a moment I was tempted to . . .
Groceries are a huge item on most of our budgets. But eating is a necessity, so can we really save money on groceries? Quite a bit, actually. Several little changes can quickly add up to large savings. In turn, making those savings routine by changing your shopping habits will lead to long-term savings. One Awful Way to Save Money on Groceries One easy way to save money on groceries is to . . .
I'm cheap. Period. I can try to call it what I want- frugal, thrifty, whatever. But I'm cheap. The problem is, this isn't always a good thing. And cheap doesn't always mean the same thing as frugal and thrifty. For sure, I try to be frugal and thrifty, but I have to constantly remind myself of the difference. Because they are different. In fact, often cheap is the exact opposite of . . .
I've been tossing around the idea of installing solar panels for several years. Just the idea of harnessing natural resources has an appeal to it. But it's a huge investment, and I was doubtful that the payoff would really match a payoff in traditional investments, so I kept kicking the can down the road. Finally, this past year I got serious about scratching my itch. I figured I had to weigh the . . .
Black Friday ads are already coming out! Nerdwallet has compiled a good list if you're interested. Having said that, Black Friday is still 4 weeks away. Retailers are going to be building up hype for the biggest shopping day for the next 4 weeks, bombarding you with ads on TV, radio, newspaper, social media, etc. Don't fall for the hype! If you're not careful, Black Friday will yet again . . .
Signing up for a 401(k) through your employer is one of the easiest ways for you to successfully save for retirement. Your employer takes care of most of the paperwork and your contributions to the plan are taken right out of your paycheck. However, when you first set up your 401(k), you may be overwhelmed by all the options. How Much to Contribute When you set up your 401(k), you get to . . .
Back in the day before smart phones (when dinosaurs still roamed the earth), I signed up for my first cell phone. I was pretty sure I needed 1000 minutes a month. And of course, I needed to add on the free nights and weekends. And a bunch of extras that I don't even remember. Anyway, the plan I walked out with was going to run me $75 a month! For a single phone line! Granted, cell phone plans may . . .
Thank you for supporting Pennies and Dollars by taking time to read this sponsored post. Although each person's finances are unique, most share a common feature: Debt. Despite the negative connotations the word sometimes conjures-up, debt is a natural part of even the healthiest family finances. It is not until the cost of credit obligations becomes oppressive or balances become unmanageable . . .
P2P (Person to Person) loans are quickly becoming the popular new kid on the investing block. P2P lending sites such as Lending Club and Prosper allow you to loan your money directly to other people. The theory is that by cutting out the banks, both the investor and the borrower win, with lower rates for the borrower and higher rates for the lender. Lately P2P loans have gained attention with . . .