*Imagine this:* you are out for a walk and you find a stack of shiny gold bars. Where do you put your treasure to keep it safe?
An emergency fund is an essential part of your personal finances. Its importance is stressed in almost every personal finance book and budgeting blog, and yet 26% of Americans currently have no emergency fund in place. Of those who do have an emergency fund, up to two-thirds do not have the often-recommended six months’ worth of expenses saved up.
If you're willing to wait, a CD can be a great way to earn a high interest rate on the money you deposit.
One of the most effective tools for preventing a large-scale financial disaster is an emergency fund, an amount of money that is set aside to cover unexpected expenses, or to keep you afloat if no regular income is coming in.
The holidays are by far my favorite time of the year. Getting together and making memories with family…decking the halls and enjoying a hot cup of coffee as you watch the snow fall outside…and having an excuse to hit the stores for some shopping therapy and to take advantage of the endless holiday sales. But along with the joy that surrounds the season of giving, the holidays can also take a toll on your finances, causing unwanted stress and anxiety. Below are 5 tips to help you prepare for holiday spending:
Piggy banks come in all shapes and sizes and are used by all ages for all sorts of reasons. The most important reason, we believe, is teaching your children how to save money.
We have had some beautiful weather over the last few weeks… but I have to say, when the temps exceed 85 and the humidity kicks in, there is nothing I enjoy more than a refreshing, cold fruit smoothie to help keep me stay cool. Now I have a handful of favorite places around town that can make one scrumptious smoothie and although delicious every time, the price of the delightful drink can be quite expensive. With prices ranging between $5-7 per drink and my craving kicking in every other day, I decided it was time to cut back. So I started to experiment at home with various fresh fruits to try and recreate the beloved summer treat. I encourage you to try my two favorite DYI smoothie creations below. They will help you beat the heat but also keep your spending in check… All you need to do is toss all of the ingredients in a blender, blend until smooth, pour and serve!