Many Americans must be relying on the Social Security System for their retirement if the statistics about how many have little or no retirement provisions. Ideally everyone should have started to save for retirement as soon as they started their…
Tag: Money
Top Ten Family Finance Articles #2: Slimming my MII Addition
I’m in the 10 pound challenge that Newlyweds on a Budget is organizing for the winter and I can’t wait. I put on roughly 10 pounds since graduating college and another 10 pounds since meeting my wife all those years…
Don’t Pay the Packaging Company: Buy This, Not That at the Grocery Store
Imagine going to the grocery store and your food was not prepackaged. Instead, after purchasing your groceries, the packaging company stood at the front of the store and offered to package your groceries for the trip home. Would you…
Paying Off Family Debt: How to Decide Which Method to Use
Paying off all the debt a family can accumulate in the early years is never an easy task. It requires time, patience and often, a little extra income. If you plan on paying off your family debt by making…
Is Your Budget Easy to Beat? You are Probably Budgeting Wrong!
If you are constantly beating your budget, you need to set more challenging goals. The Smart Family Finance family budget is getting a tweak. For the last two months our family has managed to come in far under budget. It…
Cash Burn Rate: What is It and How is It Helpful When Your Expenses Exceed Your Income
Much has been written about preparing for financial difficulty and it is worth reading about how to plan for it. But, how do you manage your finances when your budget turns red and your expenses exceed your income? Personally, I’ve…
Financially Transitioning from Your 20’s to Your 30’s
A PNC survey showed that as a whole, one in three 20-somethings consult their parents for financial advice. That makes parents the most trusted source of financial information for 20-somethings. However, as 20-somethings reached the end of their 20’s, (the…
