For most of us, the week between Christmas and New Year’s is often a quiet time and a very good opportunity to sit back and reflect.
For most of us, the week between Christmas and New Year’s is often a quiet time and a very good opportunity to sit back and reflect.
Don’t let a moment of Christmas buying bring you a New Year filled with buyer’s remorse. The brief "feel good” benefit of spending more than you plan to will be totally wiped out by the additional stress and problems you’ll have to deal with when the bill comes. Get back to the basics. Stick with your spending plan, spend time with your family and friends, and celebrate what really matters most in life during this holiday season.
I hate being sick. I’m not good at it. I have had the good fortune to be very healthy for almost all of my 70 years, but I had a bit of a bad run lately. Thankfully, it appears that I'm going to be ok. I’ve learned through the years that nothing, NOTHING, else matters if you are not healthy. I was lucky enough to figure that out early in my life, and have always gone out of my way to take really good care of myself. Unfortunately, many people have not done this and so often it is the pursuit of money that is at the root of the problem. Money Rule #8 says it well.
It looks to be another roller coaster week in the stock market amid ongoing fears that Greece will soon default on its debt and that the situation in Italy is worsening, with no easy out in sight. Of course there are other factors that create volatility in the market now, but the European debt crisis magnifies the ongoing issue we have with debt in this country and in our own personal finances. What can we learn from this expanding global problem?
There are so many things you could do with an extra $1,000 a year. You could create an emergency fund for unexpected expense, such as a health emergency or car repair. You could put a big dent in your credit card debt. You could make some extra car payments and shorten the length of your loan. Or you could put it into your child's college fund to grow over time.
There are so many things you could do with an extra $1,000 a year. You could create an emergency fund for unexpected expense, such as a health emergency or car repair. You could put a big dent in your credit card debt. You could make some extra car payments and shorten the length of your loan. Or you could put it into your child's college fund to grow over time.