Start with These Family Budget Guidelines and Tweak them to fit Your Needs

    Setting up a budget for the first time is a very difficult thing to do. How do you begin to figure out how much you should have for each category? The whole purpose of a budget is to have spending habits in control and if needed bring them back into line, right? Keep in mind adjustment need to be made regarding different factors like where you live in the country. Housing cost is not the same in Mississippi as they are in New York. There is no perfect combination. With that in mind Read more [...]

Couples Going Through a Divorce PLEASE Explore All Options Regarding the Property You Own

    The following tips will help couples who are going through a divorce explore all options, and aid them in making decisions based upon the best outcome for all involved:     Determine the value of the home, and what equity (or loss) will be split if it is sold. Determine if it makes sense to jointly retain the property for a pre-determined period, and: Allow one spouse remain in the home until it is sold Lease the home to a 3rd party Determine if it makes sense Read more [...]

Economic Reality of Divorce

  How does the income that ran one house now run two? It does not and that is a fact that must be accepted. Life after divorce is financially demanding. Most research shows that a person needs more than a 30% increase in their income on average to maintain the same standard of living. About one in five women fall into poverty, and three of four parents do not receive child support in full on a regular basis. A man’s standard of living goes down on average 10% to 40%. Here are two things that Read more [...]

Kids and Money

      Most children think parents have an endless supply of money. When my oldest was around seven, I told him I didn't have money for the toy he wanted he looked at me totally confused and said "but you have all those checks." I realized it's more difficult for children to understand the value of money than it was when I was a child. We learned about money at school and at home. People used the real currency that we held in our hands not piece of paper we wrote the amount on Read more [...]

Know and Understand Your Credit Cards Rates

  Change is a fact of life. You must understand how, why, and when the rates change on credit cards because it can save money.   Promotional Rates. Promotional rates are temporary rates because the credit card company is wanting to get you to use their card. They are usually special deals with a card you already have or promotion to get a new card. Make sure to find out: Exactly when the low rate will expire. Especially if you are using it to pay off debt with the low rate. What Read more [...]

Dissolution of a Financial Enterprise

Let’s talk business: marriage is the formation of an enterprise, a merger of two separate, entities with equal rights. And a divorce is, dissolving a business deal gone badly. You have to deal with your joint assets and assess your individual financial situation. Seeing marriage from a monetary perspective might seem cold and unfeeling, but it’s a matter of life we all have to deal with. As you had to adapt your finances when you married, so will you need to do it again during and after your Read more [...]

Important Information Regarding Life Insurance / Divorce and the NEED to Protect Your Children!

  I read the article about changing your will after a divorce “Your Ex Could Profit From Your Death Unless You Update Your Will” and it prompted me to tell my story dealing with divorce, children and life insurance.  My hope is that after reading my story, people will understand the importance of having life insurance and most importantly choosing beneficiaries wisely. I’m a 31 year old single mother of a 4 and 7 year old from Louisiana. I have been officially divorced for 2 years Read more [...]

Splurge After Your Divorce?

Everyone understands that a divorce can be a long, hard procedure. Given all the feelings and anger that has been vented, it can be a very draining process that can last months and in many cases years. As quickly as the dust settles, lots of recently divorced individuals will feel the urge to treat themselves. They feel they are entitled to a splurge after sustaining all that suffering? The feedback I have heard, sadly, is "it depends".   Many individuals feel like they need a pick-me-up Read more [...]

“You cannot beat the system, but you can win at the game. The game is to keep more of YOUR money in YOUR pocket.”

  While growing up, my father would always tell me “You cannot beat the system, but you can win at the game. The game is to keep more of YOUR money in YOUR pocket.” Every year I get my budget and bills then review them closely to see where I can save money.  Here are some of the things I have done, if you have any to add please let me know!   Last year I got rid of cable, got a Roku  then started streaming along with my digital TV antenna and my Tivo.   I enjoy all my shows, Read more [...]

Home Testing Products

    We all have heard about the people who get all kinds of things for free to test and evaluate. I have signed up for these Home Testing programs over the years but the biggest thing I got for all my work signing up was a few little sample products.   The other day on television once again I saw people who seem to be getting all kinds of good things to try. Some of them had blogs, and they review the items or services on their blogs.   It’s not just products. They also Read more [...]