Car Ownership — Keeping the Second Largest Household Expense in Line

Car Ownership — Keeping the Second Largest Household Expense in Line

If your spouse was the member of the household who handled all issues pertaining to car ownership, everything from purchasing decisions to scheduling and handling maintenance, taking over this job as a widow can seem daunting. I’ll give you some help with that today and in future posts. In fact, cars are an oft-neglected piece … Read More

You Manage What You Measure: Keeping Track of Your Money

You Manage What You Measure: Keeping Track of Your Money

There’s an old management dictum that says “You can’t manage what you don’t measure”. This holds true not only in business but also with personal money management. A common mistake is to only take stock of your situation when you’re already feeling financial stress. You can avoid a lot of worries by keeping track of … Read More

Get Back on Track – Budgeting Part II

Get Back on Track – Budgeting Part II

In my last post, I talked about how budgeting is viewed with disdain by virtually everyone. I also mentioned that before attempting to work out a budget, it’s important (if not essential) to begin by tracking your expenses for at least one month so you see how you’re really spending your money. Today, let’s take … Read More

Get Back on Track – Budgeting & Tracking Spending

Get Back on Track – Budgeting & Tracking Spending

The “B” word. Budgeting. Uggggh! (slight shudder). Budgeting is probably one of the most hated words in personal finance topics. I can honestly say I have NEVER met anyone who likes budgeting. I’m not even sure I’ve met anyone who is lukewarm on the subject. If budgeting is seemingly universally disliked, it begs the question … Read More

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