If you're anything like us, the arrival of spring conjures up images of open windows, sun-filled days and, of course, spring cleaning our finances.
Even if that last one's not on your list of 'Top 10 Reasons to Celebrate Spring', it should be. That's because the arrival of a new season is a great excuse to do some tidying up—both in your house and with your finances.
Spring cleaning your finances doesn't have to take a long time, either. In fact, here are five things you can do right now to help your finances, each of which would take five minutes or less to accomplish.
By Cheryl.LockGuest Blogger
at 10:45AM, 11 months ago |
I've been known to be a bit of a complainer about my
family's financial situation.
With my husband out of work and my freelance income in constant
flux, my household exists in a permanent state of financial
At least we're in good company: it seems like all our friends are
in similar straits, though some folks just seem to have a can-do
attitude about money management. We're all scrimping and saving,
but not everyone has the desperate, fearful attitude that marks my
interactions with the cost of living.
One thing I have done to reduce anxiety a bit is to ramp up my
at 6:00AM, a year ago |
You already know why you should have ongoing discussions about
money with your child.
It teaches kids to be responsible with spending and saving. They
can learn from your mistakes. It sets them on the path for
On the flip side, your kid doesn't need to know everything you're
thinking, at all times, when it comes to finance. "There is no
question that bombarding your kids with facts, feelings and
information about money all at once, or too early, can be
overwhelming for children," says Jaclyn Weitzberg, CFP®, President
of Money MindEd, a financial
education company for parents and teens.
So what should you keep to yourself? Below, experts comment on when
to stay mum … and when it's appropriate to share.
1. What You Earn
The first time your kid asks how much you earn, you may freeze.
at 6:10AM, a year ago |
Image by Richard Cordray (Wikipedia:Contact us/Photo
In a outlandish move, President Barack Obama enlisted Richard
Cordray (someone just informed me that it WAS NOT Rob Corddry
of the Daily Show, so perhaps it wasn't an outlandish move on the
President's part after all...) as the new
Head of Consumer Financial Protection Bureau on Wednesday
January 4, 2011. I'm not exactly sure what a Head of Consumer
Financial Protection (a lilting "HCFP" acronym) does,
besides punish the bad bankers and financial players, but I do know
what I want him to do for me personally.
at 9:57AM, 2 years ago |
The holidays are rapidly approaching and not only does that mean
spending time with family and leaving milk and cookies out for
Santa, but, for many of us, it also creates angst over budgeting
and making ends meet. The holiday season is the biggest
retail period of the year, and, according to American Express,
Americans will spend an average of $831 on gifts this year--17%
more than in 2010.
Luckily, there are a number of ways for the savviest consumers to
save, and, for those with excellent credit, the right credit card
can help you save up to $500.