If you're expecting to have long term income loss it is important to plan ahead, and get ready for when the time comes. Here's how.
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If you were faced with a financial disaster, what things would you be unable to live without - even when having to cut costs to the extreme?
We’ve counted down. We’ve toasted the champagne. We’ve kissed our sweethearts. The New Year is upon us, and with this turn of the calendar comes a chance for a fresh start, a cleaning of the slate. While your goals for making 2011 better than its predecessor most likely pervade all aspects of your life, financial New Year’s Resolutions are particularly popular, especially considering the current financial climate. Perhaps you want to finally get out of debt. The first step in doing so? Reading the New Year’s Resolution Edition of the Carnival of Personal Finance. Look, you’re already on your way!
One of the best things you can do for your finances is to begin tracking your spending. Tracking your spending allows you to pinpoint financial habits so that you can see where you might need to make changes — as well as where you are doing well.
Men and women have been fighting over the finances for centuries, but is it because one is better suited to manage the finances than the other, or is it simply because neither knows how to play to their strengths and work as a team?