Investing in company stocks is a great way to earn dividends and build wealth over time. However, most brokerage houses charge several hundred dollars to invest in stocks. Even discount brokerages like E-Trade and Ameritrade want about $10 per transaction. These fees exist because you buy and sell stocks through a middle man (i.e., stock broker) when you use a brokerage house. So what can you do if you have only $25 to invest in stocks each month? Avoid the middle man You can actually ... Continue Reading
Invest in stocks for less than $25 a month.
Here are five common mompreneur money mistakes and ways you can avoid them
Starting your own business is a huge milestone and one that comes with great preparation, hard work, and, most often, expenses. While most mompreneurs are prepared for the initial investment in starting their business, they are often surprised by the subsequent expenses and financial needs that come up. As a result, many mompreneurs make common money mistakes that could easily be avoided. They unknowingly compromise their financial future and sabotage their business. In an unpredictable ... Continue Reading
Here are some tips for helping teens manage their money.
A summer job is not only the first time a lot of teens earn their own money, but it’s the first time they earn a regular income that provides them with a decent amount to spend or save. Wanting to spend their earnings on ‘wants’ is a natural impulse for teenagers, making this a perfect time to teach teens the importance of money management and saving for the future. Here are some tips for helping teens manage their money: Have the talk – Before your teenager starts working, sit ... Continue Reading
Here are some easy ways to help you keep your summer spending in check without sacrificing fun in the sun.
We all want to enjoy the summer months and create great memories for our kids when they’re off school. However, you don’t need to go into debt to have an enjoyable summer with your family. Here are some easy ways to help you keep your summer spending in check without sacrificing fun in the sun. Revisit your budget – Sit down with your partner and calculate how much money you earn each month. Then subtract your expenses (rent or mortgage payments, food, utilities, kids’ programs, ... Continue Reading
Learn how to easily improve your credit score after suffering financially or through a bankruptcy.
My husband and I experienced financial ruin like so many in the last few years. When the economy went into a tailspin, so did our credit scores. We had worked so hard to build up a good reputation and it seemed all was lost in just a few months. After talking to an attorney we decided bankruptcy was best for us. The problem is that, while the bankruptcy might stop credit collectors and offer a fresh start, it does not help with your credit score. In fact the bankruptcy does more damage to ... Continue Reading
An organized system can help you have a great experience and a successful yard sale this season.
With spring cleaning comes the inevitable pile of items in the garage. Clothing, small electronics, kitchen items, you name it - it's probably in a box or pile stuffed away out of sight. Why not turn your used items into money with a yard sale? If you've never had a yard sale before, follow these simple steps to make it simple and successful. Timing: Do plan on having a sale on a Saturday. It's the day after most people get paid and the most popular one for yard sale goers. Don't have the ... Continue Reading
Save money this year with four tips everyone in your family can appreciate.
In today's economy, many families are looking for ways to spend less money without making sacrifices. Easier said than done ... but it only takes a little effort up front to save time and extra expenses in the long run. Check out these tips for saving money and having a happy family to go along with it. At the Salon Cutting out family haircuts can be a huge money saver. Have you calculated the amount of money your entire family spends on hair cuts in a year? My husband alone spent $480 a year ... Continue Reading
Tips and tricks for teaching finances to your children.
All too often today, children are clueless when it comes to finances and budgeting - but I want my children prepared. My husband and I have set down guidelines to help teach lessons about money and spending. We also use everyday situations as real life examples. For instance, when we go shopping we discuss the pros and cons of purchases and talk about how debt accumulates. I don't want my children to fall into the trap of overextending themselves on credit cards. Here are a few tips ... Continue Reading
Save money with these five easy tips – including uses for banana peels and collecting money in the laundry.
I often say that we live on “Hysteria Lane” vs “Wisteria Lane” of TV’s Desperate Housewives fame because we’re tasked with having to balance so many things as moms and housewives. And, tops amongst them is doing our best to keep our home, family, and self taken care of - without breaking the bank. Here are a few simple, mindless tips to help save money at home. Put the Squeeze On Even though you may think that tube of toothpaste, liquid foundation, skin cream, or lotion is ... Continue Reading