Why You Should Take Care of Your Finances First


One of the financial virtues that our society lauds is helping others. We are encouraged to give to charity, and to help those around us when they need financial help. Helping others is an important part of life, and an important part of well-rounded finances. However, before you focus on others' finances, it's a good idea to make sure that your own finances are truly in order. Fix your own financial future before you start working on helping others with their finances. Can You Really Help if Your Finances are a Mess? In reality, can you really help someone else…

3 Ways Larger Families Can Save on Accommodations When Vacationing


If you are a family with three or more kids, life gets a bit more complicated.  Most of the Western Hemisphere, it seems, is designed for families with two kids.  Sedans are doable with three kids when the kids get older, but packing 3 car seats in the back can be difficult, if not impossible. Restaurant booths and tables are designed for 4 people. Hotels are best suited for families of 4; families of 5 often are required to buy a double room or a suite, which can be costly. If you have three or more kids and want to…

First Time Home Buyer? Make Sure Your Finances Are in Order


There may not be a better time to buy a home.  Interest rates are low as are home prices.  If you are a first time buyer looking to purchase your first home, you are lucky to do so in such a good environment.  However, even though the time might be right economically, make sure you are prepared financially first.  The lowest interest rate doesn't help you if you ultimately can't afford a home. To see if you are ready, consider these standards for home ownership: 1.  Do you have an ample emergency fund?  Experts disagree if you should have as…

Are You REALLY Financially Responsible?


Most of us like to think that we are financially responsible. However, it's very possible that you aren't actually as financially responsible as you think. Just being able to pay the bills isn't true financial responsibility. Meeting Your Obligations Isn't Financial Responsibility My senior year in college, I was under the impression that I was financially responsible. I was a resident adviser, and my "job" paid me a stipend, as well as provided me with free housing. However, I had maxed out credit cards. But I made the minimum payments each month, made my car payment, and managed to cover…