Life has a way of hitting us with unplanned expenses. You never know when your car might break down, your roof might spring a leak, or an injury might land you in the hospital with a whopping bill to boot. That’s why it’s crucial to have an emergency fund — ideally, one with three to
It’s officially summer, which means most of us probably have a wedding or two coming up before Labor Day. You can go the gift registry route, the honeymoon registry route, or the good ole cash in an envelope route. The latter is increasingly popular, but is there an agreed upon right amount to give? (Generous
Now that college graduation season is here, parents and their young adult kids are coming face-to-face with the key post-graduation financial question that will impact them for years: Who pays for what after the college degree? That’s really a bunch of questions all rolled into one: Is it reasonable to continue providing financial support to
When my sons were in elementary school, I wanted to make sure they nailed three basic money lessons: saving, spending, and sharing. As an adult, the art of managing money isn’t much different from the piggy-bank lessons we teach our children. If we can get these three things right, we can master our finances. 1.
Monkey Business Images/Shutterstock.com Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Anna Baluch’s parents taught her money lessons as a child that she still uses today.
An enviously money-savvy friend once told me: If you’re in debt or want to know how to save money, the most important thing is to be honest with yourself about your needs. Maybe your monthly budget absolutely must include sheet masks or weed. Maybe you would *literally die* without an afternoon coffee, or perhaps your