6 Things You Must Consider Before Opting for Home Insurance

buying a new house

There are few things in our lives that we can truly call our own. While family and friends certainly belong to that category, a house is also something that you can have an emotional attachment with. After all, it’s not easy to buy real estate to begin with, and even when you do, it takes years to make it a “home”. We’ll take a look at what you must consider before opting for home insurance.

6 Things You Must Consider Before Opting for Home Insurance

If you want to take care of your prized possession as well as your family, then one of the best things that you can do is get a good home insurance coverage. However, there are all kinds of insurance policies in the market which is why you must make your decision wisely. The following are the 6 main things that you need to consider opting . . . → Read More: 6 Things You Must Consider Before Opting for Home Insurance

4 Financial Hurdles to Cross Before Starting a Family

financial hurdles

We all hope for a financially successful future. We also know that that hope takes a plan, especially before starting a family. Otherwise, the road to financial freedom could be a difficult one. Two good ways to lay the groundwork are to drop some bad financial habits and pick up some good ones.

“Good habits formed in youth make all the difference.” – Aristotle

Easier said than done. Believe me, I know. I was employed full-time with very few living expenses from age 20 to 25, and I have nothing in the bank to show for it. I nickel and dime’d my money away on $5.00 DVDs at Target, fast food, and sloppy financial planning.

4 Financial Hurdles to Cross Before Starting a Family

If you’re single, newly married, or thinking about raising babies someday, here are four financial hurdles I wish I’d crossed before starting a family.

. . . → Read More: 4 Financial Hurdles to Cross Before Starting a Family

How to Save Money in a Big City


Living in a major city comes with its own set of money-saving challenges. You may need to spend more on transportation, either because you’re stuck in traffic (consuming gas) or because you need to take lots of subway rides. You might pay higher prices for babysitters, groceries, clothes and toiletries. And your rent or mortgage might be a lot higher.

How can you save money when you live in a large city? Here are a few tips.

#1: Plan Ahead

It’s easy to jump into a taxicab when you’re running late and you’re not entirely sure abut the directions. But a little planning can help you save a lot of money.

Give yourself plenty of time to get from one destination to the next. Study where you’re heading on a map, or use a route-planning app. The less rushed you are, the higher the chance that you’ll opt for . . . → Read More: How to Save Money in a Big City

How to Save Money on (College) Back-to-School Shopping


It’s almost August, which means it’s time for back-to-school shopping — regardless of whether you’re in kindergarden or in a Ph.D. program.

But most articles discuss school shopping for kids (crayons, anyone?), I wanted to put a little twist in the traditional advice. Here are my back-to-school tips for people who are heading to college or graduate school.

1. Save money on textbooks. A well-known fact about college textbooks: they are insanely expensive. It’s not unusual to spot a textbook that costs $200. But there is a way to save on these ridiculously expensive essential items -check out eBay and Amazon! These sites offer gently used books at half the cost. (When it’s time to sell the books, sell them yourself online instead of trading them in at the bookstore. You’ll fetch a better price.)

2. Hit up the thrift shop. Thrift shops are a treasure trove of gently . . . → Read More: How to Save Money on (College) Back-to-School Shopping

How to Balance Frugality with a Social Life

prepare your finances for a baby


Your friends all want to do expensive things — hit the bars, take a beach trip — but you’re broke. You don’t want to be an antisocial hermit, but you can’t afford to spend $15 on a margarita. How can you maintain a social life when you don’t have any cash? Here are a few tips.

# 1: Join a club or group. Convert solitary activities into social events. If you like to read, why not join the local book club? If you’re interested in running, why not join a runner’s group? This helps you meet new friends and maintain a social life that’s not dependent on hitting the bars and dining at restaurants. Websites like Meetup.com can help you make local connections based on similar interests.

#2: Volunteer. Not only is volunteering good for your wallet, it’s also a great thing to do for your community. If you . . . → Read More: How to Balance Frugality with a Social Life

6 Reasons Why Americans Are Savings Again

A couple of years ago I remember hearing about the Personal Savings Rate for the citizens of the United States. I distinctly remember the results because I was immediately startled at the number: -2.2%. The average American was spending more money in a year than he/she acquired! I suppose I shouldn’t have been surprised. I had friends that were buying everything on credit: big screen TVs, furniture, video game consoles, and of course, brand new vehicles after graduating college. My friends were buying $30,000 before they even got their first job! It was crazy, but the most crazy part was they fact that I was the only one that thought it was crazy (Yeah, that’s right, I just used the word crazy three times in one sentence)! Since everyone was doing it, the added debt just seemed completely normal. But, we all know what came next.

When the economy slumped . . . → Read More: 6 Reasons Why Americans Are Savings Again