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 [...]

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 [...]

Teaching kids to ride a bike is easy … if you have a bike for them to ride. Imagine trying to learn to ride a bike by only watching videos and with no bike to actually try your new found skill. So if you’re with me, then you can imagine to effectively educate [...]

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 [...]

Credit card companies are full of surprises this year. With new consumer protection – credit card laws starting this year, many credit card companies are already changing fee policies to make up for the consumer protections the banking industry perceives as revenue decreasing. Don’t be tempted by lower rate offer without reading the entire [...]

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 [...]

So what better time to decide to become more financially literate than the new year… especially after coming off a spend-heavy holiday season. Of course, like all New Year’s resolutions, we get off to an enthusiastic start, but then lose momentum after our efforts gradually wane for a multitude of reasons. Many financial [...]

An important rule to becoming financially literate, don’t ignore your finances. This coming new year, new laws will take effect on the time limit and notification policies placed on credit card companies providing information on any changes to terms or rates to your account. Many of these notifications will require the card holder [...]