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Starting a Budget

Starting a Budget

When you start to take control of your money, keep it simple: track purchases for 30 days. Your goal is to answer the question, “Where is all the money going?” Simply make a list on a few sheets of paper. Track monthly expenses like mortgage, rent,...
How Much Car Payment Can You Afford?

How Much Car Payment Can You Afford?

Thinking about financing a car and wondering how much you can afford? Never spend more than 20 percent of after-tax household income on ALL vehicles in your household. Let me provide an example: Let’s say your take-home pay of $25,000 per year (is $2,000...
Merging Finances After Marriage

Merging Finances After Marriage

Planning your financial future together is critical. Be open with your spouse about current debts. Talk with each other about financial goals for your next ten years together. Make it specific – buying a home, starting a family? Add up your combined income...
Building Credit After Graduating College

Building Credit After Graduating College

Amid the excitement of graduating from college, maintain two priorities: keep your student loan account in good standing and don’t miss any credit card payments. If you have neither loan nor credit card, then great! Unfortunately, current stats indicate that 44...
10 Questions for Your Relationship

10 Questions for Your Relationship

Do you want to explore attitudes toward money in your relationship, answer these ten questions with your significant other: We plan on keeping our finances separate. We haven’t decided how to handle our finances yet. We usually agree on how to spend money. I am...