The purchase of a new vehicle for your young family can be more nerve-wracking than buying a home or selecting the right college for your children. With so many options to choose from, picking your next car is overwhelming, which may lead to a regrettable choice in the end. Like any other big decision, the purchase of an automobile should be done with clear head and a good deal of information collected ahead of time. Here are a few items to consider.… Continue Reading
Category Archives: Family
Tips on Coping Financially Following Separation
In every separation there will be winners and losers – with recent research showing a clear gender split when it comes to what men and women gain financially from relationship breakdown. On average, a man’s income increases by about a third, with the chances of this rising even further if they are already fathers.… Continue Reading
Cutting the Cord: Lower Cost Alternatives to Cable
You’ve done many things to pare down expenses for your young family. You bike to work, clip coupons, cook more meals at home, installed low-flow shower heads and dual flush toilets in the bathrooms, and decided to forego your daily latte from the local Starbucks. While these have saved your family some money, you’re still looking for something else to reduce in order to put a huge chuck of money back into the budget. Well, perhaps the answer can be found on your flat screen television and the 3000 cable channels you no longer watch.… Continue Reading
Don’t Panic: Controlling Your Fear During Financial Emergencies
During this past holiday season I was involved in one of those perfect financial emergencies that happen to young families every once in awhile. First, my car sprung four simultaneous leaks, resulting in the purchase of a new vehicle. One week later, I replaced our dryer after the heating element went out on the old one. A week after that my garage door broke. Murphy made a final call around Christmas when we incurred over one thousand dollars in repair costs for our family van. Needless to say, we gingerly walked around our home waiting for the next disaster to take place, all the while wondering how we were going to repair our finances after such a hit.… Continue Reading
Tuning Up Your Home For The Summer
Even though spring has just sprung, home owners need to start thinking about summer. Besides planning for vacations, family outings to the pool, and cook-outs, the long, hot days of this period of the year require more maintenance than normal. If the house isn’t tuned-up now, it can lead to greater expenses during the time you want to relax and enjoy the sun on your face. Here are a few things to do to make your summer as carefree as possible.… Continue Reading
Four Debunked Financial Myths
Fables, fairy tales, urban legends, hogwash – whatever synonym you use, myths have been around since the first Neanderthal painted an initial image on the rough-hewn walls of his cave. Vaguely referencing a truth, myths are in every segment of our society – including finance. Though filled with mathematical equations and statistical formulas, there are a number of myths within the financial world that have stuck around and, in many cases, influence those who make purchases up to the present day. Here are four such myths, debunked for your gratification.… Continue Reading
Better To Be Safe: Tips on Creating an Emergency Fund
Murphy has your number. As soon as you put money away, thinking things are going well, Murphy comes knocking on your door to take it away, leaving you with a debt you may not be able to recover from. In order to counteract Murphy’s machinations, you need to consider creating and maintaining an Emergency Fund. What it is… Continue Reading