Finances

Debt challenges many families, often stemming from necessary expenses rather than irresponsibility. Understanding and managing debt through clear planning, open communication, and small changes can alleviate stress and promote financial stability. Teaching children about money and seeking guidance also fosters resilience. Debt is a situation, not an identity, and can be overcome.

Being financially ready for retirement is crucial for ensuring a secure, fulfilling life post-work. Early preparation allows individuals to manage expenses and reduces financial stress, enabling them to enjoy choices rather than limitations. Planning fosters independence, protects relationships, and ensures quality of life in the longer retirement years ahead.

Family budgeting is an emotional journey that emphasizes clarity and teamwork over restriction. By tracking expenses, prioritizing values, and involving the whole family, budgeting becomes manageable. Building in flexibility and a buffer for surprises reduces stress. Ultimately, consistent small decisions foster financial stability and effective habits for future generations.

Written by Lisa Rowan, taken from http://www.thepennyhoarder.com   Although Hurricane Florence is long gone, the effects of the storm are still evident throughout the states impacted by its wrath. Officials are warning well-meaning citizens of scams targeting everyone from homeowners looking to rebuild to people wishing to donate toward the effort. How to Avoid Hurricane Florence Scams The Federal Trade …

originally written by and posted on http://www.thepennyhoarder.com   It’s an easy problem to develop. Credit card debt, that is. You get your first card in college and it probably has a small limit, just $300 or so. You quickly max it out because, why not? Then the credit card company raises your limit. You, in turn, max it out again. …

Taken from autotrader.com We’re firm believers that you don’t have to spend a fortune to get a good car — even as prices keep rising and everything seems to be getting more expensive. According to Kelley Blue Book, the average price of a new car has topped $35,000. That’s a lot of money, but we’re convinced you can still get a …

Written by JESSICA GRAY, taken from http://www.thepennyhoarder.com If you’ve paid for utilities for a few years, chances are you already know these bills can get way out of hand. I’ve known people here in Florida who’ve been slapped with electric bills exceeding $500 during the peak of summer! Every bit counts when you’re trying to keep those costs down, so …

Written by Carson Kohler with The Penny Hoarder and taken from http://www.thepennyhoarder.com   Want to bank an extra $10 today? Ibotta has got you covered. When you sign up and redeem your first cash-back offer, it’ll slide $10 into your account. Once you hit $20, you can cash out. There are two simple ways to use Ibotta and snag your free $10. …

Written by The Penny Hoarder on http://www.thepennyhoarder.com How much money would you like to have saved for the holidays? Or your next vacation? Or your emergency fund? Whatever your goal, the number probably seems overwhelming. Trying to figure out where several hundred or a few thousand dollars might come from is tough. Instead, break it down. Find ways to set …

by: Carson Kohler. A staff writer at The Penny Hoarder.    Neil Sedaka had it right — breaking up is hard to do. Actually, that could be the understatement of the century. Breaking up is super hard to do. Like, I-just-stopped-eating-for-a-week hard. Or if you’re more like me, I-just-ate-my-way-through-the-ice-cream-aisle hard. But perhaps even more difficult than the breakup is knowing when it’s …