Tag Archives: finances

Financial Advice: Why You Should Listen to the Experts

Dave Ramsey and Suzie Orman. These are two names many young families hear over the course of time when dealing with their finances. Both are very well-known financial personalities who have their own shows and books. They also appear across the country numerous times a year to promote their financial strategies to get rid of debt and build wealth. Listen to them on a regular basis and their advice is straightforward without any gimmicks. In fact, many of the things we mention on this blog line up with what these and other public financial advisors say.Continue Reading

Keeping Your Cool During Hot Financial Situations

If you’re reading this blog there’s a good chance you have an idea of stabilizing the financial situation for your young family or have done so already. Let’s face it, financial problems, especially those which seem insurmountable, can lead to serious consequences for all family members. This includes medical issues due to stress or personal issues, such as divorce, due to disagreements on how to manage money. It can also lead to heated arguments in front of young ears — something which should not take place under any circumstances.Continue Reading

2015: What You Want for Your Young Family in the New Year

The New Year is fast approaching. Despite the fact you don’t have time to think about it due to all the holiday preparations and celebrations, it’s something which should be forefront in your mind. Especially if you and your young family had some financial difficulties during this past year. Think for a minute — do you want to have the same problems come January, or have them exacerbated by ongoing poor decisions?Continue Reading

Keep Calm and Keep Shopping: Tactics for the Holiday Season

The holiday shopping season is underway! Stores are packed with bargains and people while the Internet tempts and tantalizes with deep-discounted items which can be purchased with a few clicks of the mouse. Or, if shopping on a tablet or smartphone, a swipe of the finger. It’s a time where presents under the tree swell while your wallet or purse gets ever emptier. Throw in a young family, and you can feel the financial floor slipping out from under you.Continue Reading

First Aid Economics: How to Keep Major Medical Costs Down

What eats up the paycheck of a young family? Is it dining out? Possibly, but not if it’s McDonald’s over Olive Garden. Fuel? In the past the answer would be yes, but gas prices have been steady or fallen the last 18 months. Clothes? Not with so many discount stores and thrift outlets, not to mention the hand-me-downs your kids utilize.Continue Reading

Crowdfunding: Is it Right for You?

The Internet has done many things for society. In addition to allowing us to see cute pet videos and friends and families taking on the ALS Ice Bucket Challenge it has also brought strangers from across the globe together is a large, virtual social gathering. We share opinions, photos, videos, various links of importance or inanity and, in some circumstances, money. In many cases this is done in the form of crowdfunding.Continue Reading

School Savings: The Inexpensive Way to Go Back to College

Let’s not sugarcoat it — college is expensive. The average cost of a public college education in 2013 averaged $23,000. Double that for a private university. And it gets worse. Students aren’t paying for these annual payments with cash. They’re utilizing student loans, putting them in debt even before they graduate and adding extra pressure to them to choose a proper career choice. Put it all together, America is facing a trillion dollar student loan crisis. And a good portion of those in debt are those who have decided to go back to college after staying away.Continue Reading

Travel Spending: Yet More Tips to Save Money on Vacation

We’re here again, the time of year people call vacation, holiday, or time off. Be it a few days or a few weeks, folks pack bags, stop the mail and head out on the road for a new adventure. Most of the times these quests are full of excitement and wonder. However, there are some vacations loaded down with dread and despair as funds for various accommodations and activities dwindle. This can cut a vacation short and make a young family quite miserable.Continue Reading

Your Financial Perseverance: How Bad Do You Want It?

Over the last year or so, we at Young Family Finance have provided you with tips and plans on how to make you and your young family as financially stable as possible. We’ve given advice on insurance, home shopping, car purchases, schooling and vacation planning. We told you where your money should be at this time and provided encouragement to reach your goals. You’ve read many of our articles, agreed with them and then went back to watching cat videos.Continue Reading

Timeshare = Timewaste: Why You Should Never Consider a Timeshare

You may have recently received an offer from a large hotel chain with the following information — stay at such-and-such resort for this low price during the summer. All they want in return is 90 minutes of your time to talk about their vacation timeshare program. Sounds great, right? You hang out in Florida, California, Myrtle Beach, Las Vegas or other resort town for a low price, listen to their sales pitch, and respectfully decline to make a purchase in order to go back to your vacation.Continue Reading