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 | From Paula Pant, your Guide to Budgeting & Personal Finance Is it possible to cut $1,000 out of your monthly budget? Brian O’Connor, a columnist for the Detroit News, published a book about his 10-week long quest to trim his budget by $1,000 per month. He vowed to slash $1,000 from his spending every month by cutting $100 from each of his family’s 10 biggest spending categories. How did he do? Find out below. |
| Book Synopsis: The $1,000 Challenge
One family pledged to save $1,000 per year, in the form of trimming $100 from the 10 "categories" in which they spent the most money. Click the title above to find out how they did. | How Much Can You Spend on Car Payments?
How much money should you budget for car payments? I'd challenge that question. Rather than asking, "What's the maximum I can pay each month?," I'd recommend that you ask, "What's the bare-minimum that I need to finance, just to have basic mobility?" Then save up to make a cash purchase. Read more | Avoid These Missteps to Keep Your Budget On-Track
C'mon, be honest: When you read advice about responsible financial planning, do you ever get the urge to pull that all-too-human stunt where you wind up doing something, just because you're not supposed to? If so, then you'll enjoy this post about moves you shouldn't make. Read more | Should You Adjust for Inflation When You're Planning a Retirement Budget?
Here's a vexing problem: Retirement is decades away, which means inflation will erode the value of current dollars. How can you adjust for this when you're planning for retirement? Read more to find out. | |
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