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How to Deal with Tricky Money Situations

Anticipating the financial challenges that life might throw your way can be difficult, and that’s why it’s a good idea to think about such situations far in advance. Most families at some point are going to have trouble making ends meet, and how you elect to address those problems will have a major impact on how long they might last. When is it wise to use a credit card to bridge a monetary gap? Should you consider seeking a loan from a family member? Are you saving enough during the good times to handle a possible bad stretch?

How Big is Your Emergency Fund?

Running a household requires careful planning and preparation for a wide range of potential problems. An emergency fund (rainy day jar) is a way that individuals can demonstrate prudence in acknowledging that while no one can predict when something bad will happen, chances are high that something bad will happen at sometime in all of our lives. How big is your emergency fund?

Are Banks Becoming Obsolete?

With all of the technology involving banking and financial accounts, everyone is beginning to wonder, "Are banks becoming obsolete?" While there are many arguments on both sides, many of the current financial trends (and technology trends) indicate that we could be closer then we think to this scenario. What will it take for us to cross the line or reach the point when we no longer need banks at all?

Is Going Cashless The Next Big Thing?

Going cashless is a trend that is taking over the world of business. Businesses have spent the two decades trying to go paperless, but there is still a need for paper in certain situations. Cashless business are new inventions of the digital age, but business managers must understand how to create a cashless company. The idea behind going cashless is a noble one, but the act if living a cashless lifestyle at work is much more difficult.

Are Americans Saving Too Much?

While the economy has pretty much recovered from the economic scare of 2008, it doesn’t appear as if Americans have yet. In recent years, over 700,000 new jobs have entered the workforce, but have Americans begun spending that hard-earned money they are making? No, not yet, and it’s hard to tell when they will start.

How to Save Money this Summer

Summer is a time for fun in the sun and a carefree lifestyle. Make sure you budget for all your activities and trips in advance to ensure you get the best deals and save plenty of money this summer. The following tips should help you in your quest to enjoy the longer days and warmer nights without breaking the bank.

6 Key Money Tips for New College Grads

Once you graduate from college, you are officially in charge of your own finances. If you are in your 20s and just starting out on your own, it can be scary to have to balance a checkbook or make sure that your student loan and rent payments are submitted on time. If you have graduated from college after taking time off to start a family or to establish yourself in your chosen field, your student loan debt could be a shock to your bank account. Regardless of where you are in your life now, how can you successfully manage your finances after graduation?

Are Millennials More Susceptible to Identity Theft?

Today's generation, best known to everyone as the Millennials, lives in a world that looks far different than that of previous generations. Along with the many social and cultural changes that have taken place within the past decade, the use of technology for virtually everything personally and professionally has become a way of life. Smartphones, tablets, laptops and more let people handle almost any task from anywhere at anytime. However, with this convenience has also come the new problem of identity theft.

Do Women Spend More Money Than Men?

It is an interesting concept to consider. Who spends more money? Women or men? There are many gender stereotypes at play here that may influence your initial idea of which sex spends more money overall. Women are seen as "addicted to shopping." Many people assume that women love to spend a Sunday afternoon at the mall, picking out a new outfit or purse, while men couldn't think of anything they would despise more. Men, on the other hand, are seen as egotistical, needing to flaunt their wealth by purchasing outrageously expensive items, from fancy cars to gleaming watches.

When Should You Make That Big Purchase?

At every stage of life, there are different purchases to be made. And once you reach adulthood, you are expected to have a car, home, insurance, etc… When is the right time to make these purchases?

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