Saving enough for a 20% down payment on a home can be one of the toughest financial challenges most people will ever take on. With the median existing U.S. single-family home price at about $213,000, that means pulling together more than $40,000 – a veritable mountain of cash. Yet reaching that goal can be done. It just takes planning, patience and discipline. Here are some tips to help you map your path to home ownership: [More]
Every April for the past 10 years, we have celebrated National Financial Literacy Month – and for good reason. A person’s financial literacy level can always be improved. In a study conducted by the FINRA Investor Education Foundation, participants were asked five questions about personal finance, and 61% of them couldn’t answer more than three questions correctly.
1. Why is financial literacy important?
As the financial landscape changes, it is becoming increasingly important ... [More]
It's the most wonderful time of the year! Why not invite your friends, family and co-workers over?
What? You can’t afford to? Sure you can.
Here are some holiday party tips that won't hurt your budget:
Cut your tree yourself and use the trimmings! If you’re lucky enough to live close to farmland, drive around the corner to a small farm and cut your own tree down. Aside from being inexpensive, searching for and cutting your own tree down can become ... [More]