If you are like me, then going to the grocery store can be a disaster for your cash flow.  Sometimes, I dont know if I spend more going out to eat or at the grocery store!  Then, I slap myself and realize that restaurant food is ridiculously marked up.  Anyway, buying food at the grocery [...]

I do not know where these young people are, but they need to be knocked over the head with a frying pan.  Pension plans are a thing of the past with big corporations.  I am sure there are still some companies that offer them, but they are far and few between and declining as we [...]

An article in USA Today reports that Americans that are behind on their mortgage payments is up 4.7%.  Some of the blame is put on adjustable rate mortgages, Hurricane Katrina, and car and steel factories shutting down.  The last two are unavoidable, but buying an ARM on your house is DEFINITELY avoidable.
Adjustable rate mortgages were [...]

For college aged people and twentysomethings, eating out is the bane of our financial existence.  I know for a fact that eating out is a weakness to my generation’s pockets.  We love to go out and socialize.  We’re also just too lazy to cook.  My wife and I are very guilty of going out to [...]

When it is all said and done, there are only two kinds of investments — long-term and short-term.
Long-term investments should be money that you are not going to touch for more than 5 years.  This category involves retirement planning and overall wealth building.  This money does not need to be as liquid as short-term investments, [...]

Many of you are coming out of college and diving into “the real world”.  I was anxious to see just how real this “real world” was when everyone older than me talked about it like some kind of far off never-never land.  Anyway, it’s real and it’s rough.  Getting your first real, well-paying job is [...]

Whether you run a full blown Ebay business or you are just selling off some junk in your house, your reputation is key in the Ebay community.  If your reputation is bad, then you will have an extremely hard time effectively selling on Ebay.  Ebay does a great job at keeping track of seller and [...]

USA Today reported that in the month of January the average household spent $575.00 OVER their budget.  This means that they spent way more money than they had coming in.  Not only is America increasingly spending more money, they are saving less.  Spending is only healthy for an economy when they are saving money at [...]

BusinessWeek says that total household debt in the US was more than 100% of our disposable annual income last year. Now that is scary.
The total consumer debt is at 1.7 trillion dollars. (You can visualize a trillion dollars as a stack of $1000 bills placed one on top of the other, flat side on top [...]

Take a quick survey…
1.  Do you know how much money is in your bank account right now?
2.  Do you and your spouse share a checking account?
3.  Do you consult your spouse before buying something for more than $50?
If you answered “No” to all of these questions, then you need marriage counseling.  It is as simple [...]