How to Refuse Lending Money to Family & Friends

man asking for moneyOne of the most awkward things I have ever had to do was to ask a relative for money. I was about to graduate college, broke but debt free, and I desperately needed a car. So I asked a relative to give me a loan.

Yes, it was awkward, and to my surprise, she refused. While I know it was awkward for her too, she refused the loan in a way that made me feel like it was nothing personal. She knew why you should never lend money to friends or family. Instead of simply rejecting my request and leaving me to find an alternative solution on my own, she helped me find a way to afford a car.

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What to Do When a Family Member or Friend Won’t Pay Back a Loan

friends fighting moneyHere is a common scenario: a friend asks you for money for the down payment on a car and promises to pay you back as soon as he can. Being the loving and caring friend that you are, you immediately loan the money, confident it will come back in due time. After all, you’ve known your friend for years and trust him, and you wouldn’t expect any less.

But as the months go by, you still don’t see a dime come back. You are nervous about asking for the money, but you really need it back. Yet, you don’t want to harm the relationship.

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Confused About Your Career Path? – 16 Steps to Find the Right Career

confused businessmanI had a difficult time choosing a career path in college, and when people heard that I didn’t know what I wanted to do for a living, they would give me advice. Some would say, “What would you do if you didn’t have to worry about money? Turn that into your career.” Others would say, “Pursue a career where you can make the most money from the least amount of work.”

While both of these statements have value, there is a more thorough way to choose a career based on your passions, values, and abilities.

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Envelope Budgeting System – How It Works, Pros & Cons

envelope budgeting systemSo you’ve been working to make a budget using tools like Excel or and have been diligently putting in all of your income and expenses. Yet every month, it’s the same result: you continue to overspend.

While your efforts to create and maintain a budget are commendable, there is probably nothing that is actually holding you accountable to that budget. There is no reward if you succeed, nor repercussions if you don’t.

So how can you make your budget actually work for you, and how can you hold yourself accountable to it? Try the envelope budgeting system.

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Planning a Wedding on a Budget – 15 Ideas to Get Married for Less

married couple greenCurrently, the average cost of a wedding is more than $20,000, making it one of the most expensive life events. In fact, it’s more expensive than the cost of most births (even without insurance), most first cars, home down payments, and funerals. For many students who receive scholarships, even four years of college can cost less than a one-day wedding!

If you don’t have $20,000 to blow, don’t worry. You can still have a stylish, fun, memorable wedding, while saving money at the same time. Here are 15 ways to do just that.

Ways to Save Money on Your Wedding

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How to Deal with a Lying Spouse – Financial Infidelity in Marriage

woman lying moneyIn a recent survey, 31% of women and 27% of men admitted to lying to their spouse about money. It seems that lying about money in marriage is epidemic these days.

Many people find themselves telling little white lies until those start to snowball into larger ones, and soon all trust is lost. Considering the numbers, it’s no wonder that money is the number one cause of divorce.

But there are things you can do to prevent this problem from spreading to your marriage. The first step is to understand why people lie about money.

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28 High School Prom Planning Ideas to Save Money

prom girl parentsFor most young high school girls, prom is a very important event, and everything has to be perfect – from the outfit to the arrival.

Unfortunately for parents, making prom perfect isn’t cheap. Even a fairly modest prom can cost upwards of several hundred dollars. If you don’t have that kind of cash, don’t worry. Slashing the costs doesn’t mean that you have to dash your daughter’s dreams for the night. You can easily trim the budget without it being obvious that you’ve done so, as long as you know where to cut costs.

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10 Ideas to Save on Cheap Wedding Jewelry & Rings for Brides

wedding jewelryJewelry may not seem like one of the bigger details of wedding planning. For the bride, her wedding dress, hair style, and makeup all usually take precedence over jewelry.

Still, the bride must wear some jewelry on her big day, and even more crucial are the wedding bands that the bride and groom exchange. When all is said and done, what you are left with after the wedding are two people with rings on their fingers. So wedding jewelry plays an important part, but it’s an area where you can save some money too.

Here are ten ways to save on wedding jewelry.

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Tips for Your Wedding Gift Registry & Etiquette Checklist

wedding married coupleYour wedding is one of the few times in your adult life when you can actually pick out the presents that you want people to give you.

It’s great because when you open the fancy coffee maker that grinds its own beans, and say “I love it!” – you actually mean it.

Registering for gifts can be one of the most fun parts of planning a wedding, but it can also be stressful. Here’s a complete guide to making your wedding registry perfect.

What Is a Wedding Registry?

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12 Wedding Hair Ideas for Styles, Updos & Accessories on a Budget

wedding bride hairAs women, we can be very particular about our hair. We like it cut, colored, and styled to perfection daily. We can spend hours and a mini-fortune caring for it. It’s no wonder that a major element of a bride’s beautification process is styling her hair.

I am always surprised by how much it costs to get hair done at a salon. I have my sister-in-law cut my hair, and I love that she’s so good at it because it saves me hundreds of dollars a year.

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