The hard part is often not making a budget, it is sticking to it. It is easy to think, “Oh, I’ll just put some money away next paycheck,” or, “I’ll figure out how to afford this later!” Unfortunately, once you start breaking the rules, you’re on a fast track to getting right back into debt.

So, what are the big rules to follow when you are trying to… Continue reading

Facing the truth about the relationship between you and your credit card can be hard. It’s always there for you when you need it—but is that what it’s really being used for? Continue reading

As I performed my usual morning ritual of sipping coffee and scrolling through the latest news, I couldn’t help but notice one name all over the news: Michael Vick. His name has no doubt been newsworthy over the last few years, but what had he done this week? All of the news stories sported the same headline: Michael Vick’s Bankruptcy Had Been Approved.

In terms of bankruptcy… Continue reading

Having trouble developing a budget? You’re not alone. Millions of Americans try to handle their finances without listing their expenses—and get into trouble. A budget helps you establish your options, see what exactly you are spending money on, and see what you will be able to afford.

Start with a list of your total income. Include income from your job after taxes, alimony, child support, benefits, pensions, etc. Any… Continue reading