Good news if you need to find FUN money challenge games to help save money in 2020--the only real limit is your imagination. How much you save is only one consideration for some money challenges in 2020, getting more value out of your money is also a concern. Some people like to take the word “challenge” in the phrase quite literally, so if you are the competitive type, keep reading as there’s one just for you. The 52-Week Money … [Read more...]
Financial Emergency Preparedness
Have you thought about what sorts of financial documents you should have in your emergency kit? I admit, I know there should be some financial documents there, but I really hadn't put too much thought into what that all entailed. My plan was basically to grab everything in my firebox - birth certificates, passports, copies of my mortgage paperwork and some receipts for some large purchases. Turns out I'm on the right track, but boy am I … [Read more...]
National Preparedness Month – Are You Ready?
September is National Preparedness Month, and with all of the hurricanes, earthquakes, and fires that have hit North America over the past few weeks, I think we can all see the benefits to being prepared for an emergency. There are a lot of things that you can do to be prepared for an emergency. One of the simplest and most important things you can do is be ready to shelter in place for a few days. As we head into winter, you should ensure … [Read more...]
The Expenses of Car Ownership
So you're ready to buy your first car; congratulations. You've probably worked hard, saved money for a downpayment and have been daydreaming about the kind of car you will ultimately buy for sometime. Exciting stuff. There are several things that you should know about car ownership and the expenses associated with it before you dive in. The largest expense for car ownership is the purchase price. Depending on the year, make and model of the … [Read more...]
What is Emergency Savings For?
You hear about emergency savings all the time. You should put away money for emergencies. And since people so often say that you should try to save three to six months worth of expenses, it naturally follows that emergency savings must be to pay for what you need in case you lose your job, right? Definitely not! Yes, if you can manage to put away six months worth of expenses, you will be in a great place if you happen to lose your job. … [Read more...]