I've pretty much decided that it's really cool not to organize my finances. It just seems like one of those things that I shouldn't really have to deal with...
I mean, who wants to have to keep track of all these numbers? And I hate having to restrict my shopping. I'd rather just be able to spend what I want! That's true freedom and a budget will just make me feel like I'm a slave to my finances.
Here's why you shouldn't organize your finances...
1. You'll get overdrawn in the bank, and who doesn't love that $30 fee? It's the best, right?! But I love that I was still able to buy whatever I wanted.
2. You have no idea how much you can spend this week on eating out, so you might as well splurge on that T-bone steak. That's freedom!
Keeping track of coupons can be tedious and time consuming. Using paper coupons requires that you find, clip and then store them in a place where they can be used when needed...before they expire. It can also be tough to find coupons for items you really need among the pages of coupons for things you never use. Trying to remember you have a coupon is a chore in itself. Companies like Offermatic have been working to take advantage of the digital aspect of shopping. These companies will monitor your spending habits and send you savings based on the items you tend to buy most often.
Imagine getting coupons for items you actually could use?
Question: I'm a college student majoring in finance. How did you get started in your financial planning career?
As with most professions, successful careers may begin in many different ways and take many different paths. With that said, the most common starting point for financial planners is a sales trainee position.
It's easy to get lazy during the winter. When it's cold and gross outside, staying in shape both physically and fiscally can take a back seat to convenience. You go home instead of going to the gym. You grocery shop nearby even if the prices are higher. You buy lunch out so you don't have to carry that lunch bag on the train.
Here are five new habits to start so you can get in better financial shape this summer:
By Kyle_PsatyGuest Blogger
Money Saving Tips
It may be too late to save money on your taxes for the current year but it is not too late to save money on next year's taxes. One of the ways in which you can lower your tax burden is by buying tax smart investments. Tax-efficient investments offer the greatest return on your money while reducing the income taxes owed.
Any good homeowner knows that you should have an emergency kit in case of any disasters. These are very useful in case a hurricane, flood, earthquake or other natural calamity should occur. Just as your home should be prepared for any emergencies that may occur, you should also prepare your finances. I am going to assume that you already know you should have an emergency savings account.
So, let's take a look at a few other things that you should have in case of emergency.