You have a tri-merged credit report and gathered any collection letters in your hand. You are now on your way to the easiest part of regaining control of your personal finances. First, we need to understand what percentage of your income (take home pay after taxes and deductions) is owed out each month. [...]

Okay, remember those numbers. Don’t know which numbers? Then go read, Getting Back on Track. The numbers of which I’m speaking represent your total monthly expenses / bills and your total monthly take home pay. Divide the monthly expense amount by the total income. That quotient (answer) will represent the [...]

Well, it beginning of the 3rd month of the year and droves of people that promised to hit the gym and start a savings plan have decided to revert back to their old habits and abandon their New year’s resolutions until… next year. However, if you are reading this then you are still in [...]

The list of items to which your kids wants to buy is beyond anything that you could ever have imagined, but now is the time to give them a dose of reality in the form of perspective and priority. Everything they want is not necessary and some items may have priority over others. [...]

Each time I earned some money as a little boy, my mother used to say to me…”that money is burning a hole in my pocket.” She was referring to my insatiable urge to spend my new found wealth on the first thing that offered itself for sale to me. I had no reason [...]

Did you check the lottery numbers today? You know, if you don’t play u can’t win….well the same concept applies to being on the winning side of your personal finances and becoming financially literate. Many people think they will get their personal finances in order after they are in receipt of a bunch [...]

When considering your finances, there are three areas that should dominate your thoughts…current cash situation, desired financial future and possible financial devastation. Current cash situations can be summed up quickly, by outlining all household incomes. Desired financial future is determined by what is done with said income in the terms of managing a [...]

Before you can start your journey to financial literacy and well managed personal finances, first establish your financial goals. Without describing the finish-line or pit stops, exhaustion and frustration will soon loom over future personal efforts, thus lessening the chances of follow-through when a money crunch occurs or important financial decisions are made. Establishment [...]

If you are like millons of Americans you are seeing the glimmers of evidence that the economy is turning around. The three years the nation has suffered under the failing economy has tested the financial planning abilites of most households. However, as you face your future and decide upon financial directions to travel, [...]

No time of the year can be more detrimental to one’s personal finances than the next 6 weeks of holiday celebrating and shopping. Between, shopping for gifts, preparing large meals, entertaining and friendly gatherings, a household budget can become strained and cause people to rely on credit cards, savings and even expensive payday (or auto [...]