Budgeting is often touted as the best path toward saving money. Unfortunately, budgeting sometimes doesn’t work in the long term, as many people don’t have the discipline to log their every expenditure and say no to spending. Instead of implementing a traditional budget, try PERK—an easy and effective money-savings plan, says Robert Pagliarini, founder of [...]
When my husband and I got married, we were young, but we were always thinking about saving money. My husband had $25 taken out of every paycheck for his employer to buy him savings bonds. (Back then, $25 was about 15 percent of our rent.) I started setting aside similar sums of money into savings, [...]
It’s January, and you know what that means: New Year’s resolutions. In addition to eating better and losing weight, many Americans resolve to get their finances under control by creating a monthly budget for themselves. Making a budget is essential if you want to build your savings, but it doesn’t mean you can’t enjoy yourself. [...]
We all should have New Year's Financial resolutions to help guide us in 2012 and improve our financial health during these financial hard times. Are you tired of thinking about your finances? The Great Recession has had a lasting impact on how we think about and manage our money, especially those of us who have [...]
How to find a job in the New Year. Plus guest Eva Rosenberg, with her tax advice, discusses how small business owners can plan for the 2012 tax season. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show December 18, 2011 on WSB Radio. On this last show [...]
With the U.S. in debt to levels never exceeded before, high unemployment rates, rising loan defaults, and politicians who can’t agree on how to deal with the financial crisis, many people are fearful of making any kind of investment. It’s natural to be nervous about investments, especially those that could be risky, but a good [...]
This may sound obvious, but if you are fortunate enough to enjoy personal wealth, the easiest way to hang onto it is to be smart about how you manage expenses, investments, taxes, and other pillars of personal finance and money management tips. However, in many cases, especially when it comes to celebrity culture, this is [...]
What would be better, the withdrawal of 401k funds or to obtain an home equity loan to pay for wedding expenses? Q: I am 57 and my husband is 62. We would like to borrow $25,000 to help pay for a wedding for our daughter. We purchased a townhome in 2004 for $230,000 at an [...]
With the price of gold recently reaching $1,900 per troy ounce and expected to hit $2,500 per troy ounce by year’s end, the temptation to sell gold is high for many consumers looking for investing advice. An uncertain stock market and the recent downgrade in the United States’ credit rating have created a major demand [...]
In the late ’90s, I had a client who was excited to see his stock options increasing at a rapid rate. Over the course of a few months, he saw the value of his options increase four times, and he was a millionaire on paper literally overnight. Wanting more and thinking it could never go [...]
