Nowadays, calling someone frugal is more of a virtue, like giving a badge of honor to that person. Being frugal or cheap is sometimes used interchangeably, but the terms have subtle differences. According to Merriam-Webster, frugal is characterized by or … Read More
Managing finances on a retirement budget requires careful planning and smart spending. With a fixed income, retirees need to make every dollar count and avoid unnecessary expenses that can strain their finances. Understanding which purchases to avoid can help retirees … Read More
Emergencies happen. They can put a severe dent in our budget and our lives. It may mean reaching for your credit card to pay an unexpected bill when you don’t have access to liquid money. You may not have gotten … Read More
As inflation normalizes, consumers may see lower borrowing rates for buying homes and cars and using credit cards. It doesn’t happen overnight, but it will provide solid relief for those who put their plans on hold. The Federal Reserve (Fed) … Read More
With summer in the rearview mirror, I’m not shy to admit that fall is my favorite season. Sandwiched between hot and cold temperatures, there is much to do in the season of two names, with autumn, more formally. Leaf-peeping is … Read More
What kind of investment accounts do you need for your financial goals? There are various investment accounts, depending on your lifecycle and financial goals. Choose investment accounts that advance your goals. Your goals may include beginning to invest, saving for … Read More
Do you want to get a better sense of your financial health now? Personal financial ratios can give you a picture of your financial health and progress relative to your goals. These benchmarks can help you develop better financial habits … Read More
The Fourth of July is approaching, with images of fireworks, hot dogs, hamburgers, and apple pie. It’s a favorite time in our household, except for the apple pie, as my husband is allergic to apples. Typical events, such as baseball … Read More
Over the past few years, we researched and visited many college towns as our kids made college choices. College towns are an essential criterion when choosing the college you wish to attend for your years of education. College towns offer … Read More
Your financial lives depend on your creditworthiness. You’ll have challenges applying for a loan or credit card if you have a low credit score. Lenders review our credit report and FICO credit scores when we go for a loan to … Read More
Read Warren Buffett’s 2025 letter to shareholders, which may be among the last letters he writes. Billionaire Warren Buffett’s letter to Berkshire Hathaway shareholders is a must-read for investors and those who want to stay in the know. The legendary … Read More