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12 Common Money Mistakes New College Graduates Make

Life after college graduation can be an overwhelming experience. Your whole world is changing. You may be both thrilled and sad to be done with your college days, excited for the new beginning, and nervous about what the future holds. College may have been the first time you were somewhat on your own financially. But now …

Words Matter: How to Speak Insurance

All insurance policies are contracts between an insurance company and a person or business. As with all contracts, they contain some very specific language that spells out the responsibilities of both the insurance company and the policy holder. Since insurance policies are intended to be read by consumers without the benefit of an attorney, the …

Categories: Insurance

Sixteen Strategies for a Frugal and Wonderful Christmas

Like it or not, Christmas is less than six weeks away. If your family is anything like our family, the weeks around Christmas are jam-packed with events with friends and extended family members, wrapping and exchanging and opening gifts, preparing and eating meals, and generally fighting off the winter blues with a huge dose of …

Categories: Frugality

The Emotional Effects of Debt

Whether it’s considered “good debt” or “bad debt,” the truth is, any debt can cause serious emotional effects. Studies show what many of us already know: Debt is about much more than money. Being in debt can lead to a number of other emotional and psychological issues. The average American has $15,950 in credit card debt, and 39% …

How One Simple Change Spreads Throughout Your Life

To me, personal finance is about far more than just dollars and cents. Not only does the money you earn open a lot of doors and give you a lot of opportunities, those things are connected to almost every element of your life. It’s not surprising, then, that making a change in one little part …

Categories: Getting Started

12 Surprising Ways to Save on Groceries

If you’ve been trying to cut costs to stop living from paycheck to paycheck, the food category was probably one of the first to take a hit. You may have tried slashing your grocery budget to an unrealistic amount and clipping coupons to make ends meet. If this approach is working, kudos to you. But …

Guide to Studying Abroad

Studying abroad is a general term for taking classes toward a college degree in another country. Program choices vary – you can find study abroad opportunities through your own college or through other colleges, organizations, or companies.We’ll take a look at some of the benefits and drawbacks, the costs (and how to keep them down), and …

Categories: Education, Travel

Best Debt Settlement Companies for 2014

If you’re drowning in debt you’re unable to pay, you may be confused by the sea of options available to you, including debt settlement. Debt settlement is when a company negotiates with your creditors on your behalf to reduce the amount you’ll pay. The rest of the debt is typically forgiven. It sounds like a …

20 Financial ‘Rules’ I Hope to Instill in My Children

I relish being a parent. For me, it is deeply satisfying to see children develop from infancy to toddlerhood to childhood and onward through the teen years and into adulthood. I love having conversations with them as they figure out their own morality and sense of right and wrong. I love watching their faces as …

Categories: Family, Getting Started

How to Finance Your Startup

While frugality, bootstrapping, and living off ramen noodles can extend your runway — the amount of time you can keep the lights on at your business before running out of money — most startups will run into a cash crunch at some time or want to accelerate their growth. Today we’ll explore some of the financing …

Categories: Loans, Small Business