Manage Money

The New Way of Paying for Purchases… with Your Phone!

mobile wallet

There’s a new trend in the credit card processing industry towards mobile payments. What this means is that you’ll be able to pay for purchases with your phone instead of a physical credit card. Why does this matter? Have you ever lost your wallet? It’s a disconcerting feeling. You can’t buy anything without it. What…

Reward Yourself for Shrewd Budgeting with Your Loose Change

spare change

I like coins. I’ve been a coin collector for over 30 years, but I like coins for more than their numismatic value. I like incorporating loose change into my personal/family budgets. Particularly for those of us that prefer to deal with cash for small purchases as opposed to debit/credit cards, loose change can add up…

3 Easy Ways to Grow Your Savings

easy ways to grow savings

In these uncertain economic times, everyone is trying to build up their savings and cut costs. Every person’s financial situation is different, but everyone has room to save. No matter what you’re earning, there’s always room to squirrel away some savings, even if it’s a dollar a day. A few extra dollars saved here and…

Teaching Your Kids How to Manage Their Money

teaching your kids how to manage money

Many adults today struggle with personal finances, carrying high balances on loans and credit cards while having only a modest or minimal amount of money in savings. It is common for those in the lowest income brackets up to even the upper-middle class income brackets to struggle financially and to live paycheck to paycheck. As…

Is a Roth IRA Right For You?

roth ira

More and more people these days have been switching from traditional IRAs to Roth IRAs. They are doing this for the higher contribution limits, the conversion incentives, the inheritance benefits, and the lack of age-based distributions. But there’s one key factor that prompts many people’s move to Roth: the ability to withdraw contributions without getting taxed, a tremendous feature that…