5 Things You Need To Know About Private Student Loans

One of the largest tasks to tackle when sending a child to college is figuring out how you’re going to pay for it. First, you fill out your FAFSA to determine potential financial aid from the government, then you fill out grant and scholarship applications until your fingers are sore, while at the same time going over and over your budget figuring out how much you can contribute out of pocket. When the dust settles, you may end up having to apply for private student loans. This is unfamiliar territory for many people who might wonder how private student loans […] Read more »

Fist Pump Friday: I Love You Like A Blogger – 9/1

At the end of last school year, my daughter tried out for  and made the cheerleading team.  The team has been practicing all summer, and tonight is the first football game and thus the first time we’ll get to see the fruits of her hard work.  My wife and I are really looking forward to it. Fist pump for cheerleading, and my favorite posts of the week! Posts That Make Me Fist Pump College Transition: Saving Money from Debt Discipline 5 Reasons Budgeting is Hard for Millennials from Eyes On The Dollar 7 Things I Did to Stop Stressing About […] Read more »

What Is The Most Inexpensive Way To Break Into Your House?

We came home from an afternoon out with friends to realize we were locked out of our home. I hadn’t taken my keys with me since our neighbors were driving, and our daughter locked the door on her way out. Normally none of this would be a problem as we’d just open the garage door with the keyless entry pad, but we had unplugged the opener for a party in the garage the night before. We stared at the door for a few moments and wondered, “What is the most inexpensive way to break into your house?” Call A Locksmith […] Read more »

Where Does Your Financial Compass Point?

When you’re lost in the woodsand you find yourself off the blazed trail—or perhaps, you’re lost in the woods because you left the blazed trail— the compass in your backpack will help you find your way back to civilization. At the very least, it will show you where due north is so you have a greater chance of figuring out where it all went wrong so you might just find your way back to camp. You can rely on your compass to give you a constant sense of directionunless you’re too close to a magnetic pole. Thanks to the Earth’s […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/25

I’ve written about the magical awesomeness of Amazon Prime and the free two day shipping that is a part of the membership.  I found yet another great use for it this week.  A few days after moving into the dorms, my son called and asked what he could boil water in to make some Ramen Noodles.  We had neglected to leave him with any dishes with which to make food.  I instantly hopped onto Amazon and had some microwave safe dishes shipped to him as a surprise.  Less than 48 hours later, he had them in his hands, ready to […] Read more »

Teens Are More Financially Savvy Than We Give Them Credit For

It is the responsibility of parents to teach financial concepts and responsibility to their children. Sometimes one wonders if lessons are being absorbed and understood. But every now and then, they say or do something that lets you know they are smarter and pay attention more than they are sometimes given credit for. My daughter gave me one such moment over the weekend. We’ve been remodeling my daughter’s room with fresh paint, new furniture and a new closet organizer. The closet organizer has a center piece that is drawers and shelves, and then 4 rods (2 on the top, and […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/18

Yesterday my wife and I moved our son into his college dorm room.  Having one less person at home is going to require some adjusting to the budget, as there won’t be as much food being eaten or clothes being washed.  It’s not an adjustment I’m happy about making.  Today is day 1 without having my son around, and I’m already missing him. But we can at least put our fists in the air for my favorite posts of the week. Posts That Make Me Fist Pump 4 Easy Steps to Start A Budget in College from Frugal Rules Do […] Read more »

4 Tips for Getting Out of Under Debt to Take Charge of Your Finances

You probably know already that the United States has a massive debt problem and it is no longer news that U.S. national debt is more than $19 trillion. In fact, Congress must find a way to raise the debt ceiling when it reconvenes next month. However, what many people don’t know that is that the U.S national debt roughly mirrors the debt problem in the American citizenry. The total consumer debt in the U.S. is currently around $12.73 trillion and it continues to rise at an alarming rate. Americans are struggling with massive personal debts and a 2016 study revealed […] Read more »

What Is A Budget Retrospective And 3 Reasons You NEED It

    Budgeting is essential to successful money  management. You have to know how much money you have coming in, and what you’re going to do with it. Without doing that, you may forget about expenses, overspend, and accumulate debt. The tracking of income, expenses and spending is what most people think of when they hear the word budget. However, there’s another aspect of budgeting that many people don’t do. It can be called many things, but I like to call it a budget retrospective. A budget has a duration, although the length of a budget cycle may vary by […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/11

I’m in the middle of redoing my daughter’s room, as nothing has been done to it since she was in elementary school (she’s now 15).    She wanted her room to be more in line with her age, so it’s getting a fresh coat of paint, a new closet organizer and a new desk.  To be honest, I it completely underestimated how much it was going to cost.  It’s taken several months to save up some extra cash and get everything picked out, but we’re finally full steam ahead.  The closet organizer is in, and the paint goes up this weekend. […] Read more »

3 Email Scams To Be Aware Of

If you have an email account, you’ve received spam. We’ve grown accustomed to hearing from our good friend the Nigerian Prince that wants to give us millions of dollars if we’d just give them some personal information, or wire a few hundred dollars to get the process started. We know it’s a scam, and we know to just hit the delete button. Unfortunately, scammers are getting more sophisticated in their attempts to separate us from our hard earned cash, or to siphon personal information from us in order to steal our identity. Here are a couple of scam emails I’ve […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/4

The calendar says August, but with temperatures in the 50’s in the great state of Minnesota this morning, the weather vehemently disagrees.  When I was a kid, I frequently had the common argument many have with their parents.  The house is too cold in winter, and too hot in summer.  “When you pay the bills, you’ll understand,” I was told.  I always said when I had my own home, I would be comfortable whatever the cost.  I’ve lived up to my promise.  My AC hardly ever is turned off in the summer.  However with the cool temperatures this weekend I’m […] Read more »

How You Can Recover From Summer’s Over Indulgences

North of the 49th parallel, summer is a little shy; it’s known to Canadians as the season that barely shows itself for two glorious months and so it should be savoured. It’s little wonder then that these months tend to be jam-packed with long weekends, holidays, and special events. In our attempts to get the most out of our summers, we risk over indulging in ways that do more than risk out beach bodies. Our summer plans push our finances to their limits. Going over budget is incredibly easy to do in a city like Toronto. As a city known […] Read more »

Should You Repair Your Car or Replace it? How to Know for Sure

Should You Repair Your Car or Replace it? How to Know for Sure

If you’re a car owner, at some point you’ve probably been faced with the gut wrenching decision of whether to repair your car or replace it.  It’s rarely an easy decision to make.  Repairing vs. replacing your car can have huge financial consequences that last months or even years. In today’s article I’ll show you what you need to consider when deciding to repair your car or replace it .  It’s usually not a clear-cut decision, but when you’re armed with the right knowledge, figuring out a game plan is much easier.   Repair Your Car or Replace it ? […] Read more »