Thursday, April 24, 2014

About Budgeting & Personal Finance: "Buckets" of Money

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Budgeting & Personal Finance

Plan for Big Events

Retirement

Budgeting 101



From Paula Pant, your Guide to Budgeting & Personal Finance

In today's newsletter, we show you how to teach children to budget by setting up three jars, or buckets, labeled "spend," "save," and "share."

We also teach you to mentally label your own savings into "short-term," "mid-range" and "long-term."

Learn more about how to give every dollar a job -- and place it in the right bucket. 

Teaching Kids How to Budget
How can you teach your children important lessons about managing money? Try setting up three jars in your home, labeled "save," "spend," and "share." Help your child divide his allowance between the jars. Read more to learn about this teaching technique.

Making Smart Choices with Your Discretionary Money
Imagine that you have some wiggle room in your budget. (I know, I know ... it's a fantasy for some, and a daily reality for others.) How would you spend this discretionary cash? Read more for pointers.

Where Should You Keep Your Long-Term Savings?
Your savings fall into three categories: Money you'll spend in the next few months, money you'll spend in the next 5-10 year, and very-long-term savings that you'll keep for more than a decade. Read more to learn how to manage these buckets of savings.

What's a Credit Score?
People always talk about your "credit score" -- but what exactly is this? Click the link to find out.
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This newsletter is written by:
Paula Pant
Budgeting & Personal Finance Guide
Email Me | My Blog | My Forum
 
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