There is an ancient rule of thumb about how much money you should be saving and have on hand should you find yourself without an income. When saving money in an emergency fund, you should be budgeting for about two months of living expenses. This includes saving for rent, grocery, insurance, car, medications, food, and utilities. However, in this economy you … Read more
setting financial goals: Tips and Tricks
4 Steps to Planning Marital Budgets
When we decide to “tie the knot” we are also tying together each other’s financial situations including debt, budgets, and saving money priorities. It’s a complicated process involving yearly earnings, past bills, loans, spending habits, saving habits and how our parents taught us to deal with budgets and all that stuff. The biggest mistake you can make is assuming that … Read more