Managing Money will how to save money, budget, understand credit and debt, and banking.
Do you really need a credit card? Most people believe so. I have had a love-hate relationship with credit cards, admittedly using cash and alternatives more often than most people I know. Credit cards can be a valuable tool, allowing … Read More
“It doesn’t matter how many times you fail, you only have to be right once.” -Mark Cuban What Are Your Chances Of Reaching Financial Success? 100%! (If you want it!) Growing up, I heard snippets like “do the best … Read More
“Many people take no care of their money till they come nearly to the end of it. And others do just the same with their time.” Johann Wolfgang Von Goethe Use Time Value Of Money To Achieve Your Financial Goals … Read More
“There are no solutions; there are only trade-offs.” Thomas Sowell There are money tradeoffs in most aspects of our lives. We have many choices and cannot do everything we want to do. For every choice we make, opportunity costs require … Read More
We all have biases–cognitive and emotional– that may cloud our judgment when making day-to-day decisions, especially about our finances. We often depend on our intuition, but sometimes we are unaware of how our gut feeling may be faulty. These biases … Read More
“Poor or rich, money is good to have.” Leah Eliash Kaufman, my grandmother Talking about money is often a taboo subject, especially among family members. However, it is important to be able to know how to talk to your … Read More
I worked on the street. It’s true! For years, I told my college students and colleagues what I had done for a living before I taught business courses. They would exclaim, “Wow! I never knew anyone who did that!” or … Read More
I have to admit that I am hostile to the term, “Budget.” The word signifies limitations as if I will have to change my lifestyle. Before I prepared a budget, I felt anxious about doing one. Only one out of … Read More
The coronavirus has weakened our financial markets and our economy as social distancing has slowed economic activity. With high unemployment and tweaked growth, we have been in a recession. Many people are hurting. Unfortunately, there are many who like to … Read More
Have you wanted to manage your money better but didn’t know how to start? I know that I can do better for us, especially our kids, so they learn good habits. I know I am not alone. Ultimately, our goal … Read More
The US divorce rate among young people under 30 has been dropping to below 50% since the early 1990s. However, that may be deceiving. Millennial couples are marrying later and arming themselves with prenuptial agreements. According to a sociology professor … Read More