Category: budgeting

These College Kids Bought a Failing Company With Their Bar Mitzvah Money. Now It’s a $40 Million Business

By Liz Brody Fresh Prints is a thriving business that began with a very bad decision. “We bought the company pretty blind,” says Jacob Goodman. This was 10 years ago, when Goodman and his fraternity brother Josh Arbit were students at Washington University in St. Louis. At the time, Fresh Prints was a failing clothing company that sold fraternity, sorority,…


A Simple Formula to Control Your Spending

Spending can balloon out of control quickly, and with inflation rising, keeping tabs on your money is more important than ever. As you examine your spending, look at the expenses you can’t control. More importantly, take a hard look at what expenses you can control. Analyzing your expenses doesn’t have to be a mystery or…


12 Expenses Successful People Don’t Waste Time or Money on

By Charlene Oldham People have struck it rich by launching social media startups, inspiring wildly successful crowdfunding campaigns, and writing wizard-themed best-selling books. But most successful people have far more boring backstories of accumulating wealth through savvy spending and smart saving strategies. Aside from the occasional indulgence, most financially successful people keep a close eye on…


5 Passive Wealth-Building Strategies to Add 3 Days to Your Weekend

Many people associate work with punching the clock, the 9-to-5 slog, and saving for retirement. The trouble is, an hourly rate alone will never make you wealthy and drains your most precious resource: time. Fortunately, you have alternative strategies. Unfortunately, you’ve probably never heard about them, as they’re usually reserved for the super-rich. Multimillionaire entrepreneur, angel investor…


45 Ways to Live the Big Life on a Small Budget

By Stefanie O’Connell From Gobankingrates.com Living on a small budget doesn’t mean you have to give up the good life. There are ways to eat well, travel and dress like a million bucks without having to drop a whole bunch of cash. Make Money With Your Bank Accounts Everyone needs somewhere to put their money, but there…


25 Ways to Stop Spending Money and Save for Retirement

Unfortunately, there are no shortcuts when it comes to saving for retirement. Instead, you must do all the small things that can add to a stable post-career life. Reining in spending, keeping costs down, and setting aside extra funds are just some of the intelligent things you can do to grow the money in your nest…


The Average Car Payment Is as Much as a Mortgage—How to Afford Your Next Vehicle

By Evan Moore From Charlotteobserver.com Most Americans depend on cars to get around, but recent data shows purchasing a new vehicle may now be out of reach for average earners. The average price of a new car sold in May was $47,148, a $472 increase from the previous month, according to Kelley Blue Book. This coincided…


4 Expert-Backed Strategies for Improving Your Communication Skills

By Aytekin Tank It happens to the best of us. We’re out at a trendy new restaurant with a friend or colleague we haven’t seen in ages when suddenly, we’re asked a question twice and realize we’ve been glued to our phone for most of the conversation. It’s not a pleasant feeling knowing you’ve unwittingly been…


Money Crunch: What If You Can’t ‘Out-Budget’ Inflation?

Inflation is a nightmare for the many Americans who already stretch their dollars to cover basic needs. What happens when those dollars lose value? Their choice is probably not about whether to cut streaming services or opt for store-brand groceries. Instead, they may have to pick between buying enough food and paying rent. The families…


How To Improve Your Financial Health Score

Physical health is probably the first thing that comes to mind when you hear the word health. This is most likely followed by mental and emotional health. Your financial well-being is an equally important part of wellness. While it’s something that doesn’t require a doctor’s visit, financial health still has a significant impact on your life….