This is another personal finance piece that I wrote for Investopedia's FinancialEdge website.
One of the best things about being a young adult is that you are starting fresh and you can finally decide how you want to live your life. Good decisions made here can make decisions later in life quite a bit easier.
The downside to being a young adult is that the mistakes made early in life can have long-lasting repercussions and lead to expensive "must-fix" situations down the road. One of the best ways to establish good habits and a good beginning to your financial life is to evaluate your spending and build a budget. (Your pals are great, but they may be leading you into financial trouble. Don't miss The No.1 Budgeting Tip For Young People.)
The full article can be read at:
http://financialedge.investopedia.com/financial-edge/0610/Custom-Budgeting-For-Young-Adults.aspx
Showing posts with label budgeting. Show all posts
Showing posts with label budgeting. Show all posts
Wednesday, June 2, 2010
Wednesday, April 28, 2010
The Easy Way To An Organized Budget
This article is a little different than my normal work.
Investopedia has developed a site that's more focused on personal finance topics, and I'm writing for this side of the business as well.
So, this won't be the usual buy-sell-hold, but I hope that it's useful all the same.
http://financialedge.investopedia.com/financial-edge/0410/Budget-Smarter-With-Earmarks.aspx
Imagine waking up one day and seeing the sky through a hole in your roof. Or think about what you would do if some knucklehead wrecks your car on the way home from work. Can you write a check without worrying about going into debt or seriously digging into your savings?
We all know that we are supposed to save money for a variety of future needs like emergencies, retirement or big-ticket items. What is not mentioned is how to go about doing this. Creating a budget spreadsheet and earmarking your savings to specific categories is an easy way to make sure you are meeting your savings needs and goals.
The rest at: http://financialedge.investopedia.com/financial-edge/0410/Budget-Smarter-With-Earmarks.aspx
Investopedia has developed a site that's more focused on personal finance topics, and I'm writing for this side of the business as well.
So, this won't be the usual buy-sell-hold, but I hope that it's useful all the same.
http://financialedge.investopedia.com/financial-edge/0410/Budget-Smarter-With-Earmarks.aspx
Imagine waking up one day and seeing the sky through a hole in your roof. Or think about what you would do if some knucklehead wrecks your car on the way home from work. Can you write a check without worrying about going into debt or seriously digging into your savings?
We all know that we are supposed to save money for a variety of future needs like emergencies, retirement or big-ticket items. What is not mentioned is how to go about doing this. Creating a budget spreadsheet and earmarking your savings to specific categories is an easy way to make sure you are meeting your savings needs and goals.
The rest at: http://financialedge.investopedia.com/financial-edge/0410/Budget-Smarter-With-Earmarks.aspx
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