Getting in a serious relationship, whether it is marriage or a domestic partnership, takes plenty of work, let alone when you bring money into the equation. Some couples keep finances separate, while others just lump all into a joint account. Either is obviously acceptable, whatever works for that specific couple. In order to be successful within the financial aspect of the … [Read more...]
It is Best to Handle Household Finances as a Team
Let’s face it, whenever you hear of couples breaking up or ending in divorce, it is usually one of three things: cheating, growing apart, or money issues. Whether you have too little or too much, it can be overwhelming to handle your own finances, let alone the entire household, taking care of monthly expenses, spending, while saving for retirement. As a family, you are a … [Read more...]
3 Effective Ways to Raise Capital for Your Business
The first step in starting your business is always the hardest. As a business owner, you have to ensure that everything is in order and ready prior to your launch. It might be tough to run your business these days, since many people are into setting up their own too. However, if you work hard and focus on your goals, you can succeed on your chosen path. One of the most … [Read more...]
7 Things I Want to Teach My Kids About Money
Being a parent is simultaneously the most amazing thing I've ever done and the most difficult challenge of my life. The responsibility of keeping everybody alive and happy, along with the opportunity to shape a young person's life, is an incredibly humbling experience. Young children look to their parents for almost everything that they know about life. I try to be aware that … [Read more...]
2 Reasons Why Owing Money to Family is Tough
When I graduated from college and was looking for a place to live in my hometown, my options were very limited. There aren’t many places for rent in my rural hometown, so buying a house seemed like my only option (although now I know differently). The bad thing about deciding to buy a house is that I had no money saved up for a down payment, closing costs, or other necessary … [Read more...]