According to a recent poll made by Gallup, only 30% of Americans prepare a detailed monthly budget, which allows them to track their income and expenses. Gallup is a company that offers advice, analytics and research services to businesses and has been around for 75 years. The result of the poll shows that many people
Almost all states in the US require that car owners must have their vehicles insured. However, even if it’s not mandated by the law, it’s still a good thing to get an insurance. Accidents may happen anytime. This coverage can give you peace of mind knowing that you don’t have to shoulder all the expenses
It’s the time of the year when everybody is merry; friends and families get together, and give gifts to each other. While holidays are supposed to be fun, it can get stressful, especially if you’re on a tight budget. You may be thinking about the foods that you’ll be bringing to the family dinner and
Credit cards are used for cashless payments and for many online purchases. However, it takes great responsibility and discipline to own one as reckless use can lead to financial catastrophe. Using a credit card has its advantages and drawbacks. Before even applying for one, it’s best to weigh its pros and cons to see if
Management of personal finances may be easier said than done for many people. After all, not everyone is that organized and dedicated in keeping track of their expenses. However, personal finance management is very important if you want to make sure that you are on top of your budget and that you are able to
First of all, it’s important that we set this reminder. It’s still better not to hoard cash inside your home. Invest it somewhere or put it in the bank. We wrote about this on the post “What Not to Do with Your Money.” But whatever your reason is, if you are really bent on keeping
Ever fancied receiving an extremely generous tip that equates to having won the lottery? How about dreaming of becoming very wealthy that you are able to give out generous tips that make other people eternally grateful? Extreme instances of generosity do exist and hopefully, they can inspire you to be good in managing and growing
So here comes that time of the year again. Many of us will have to set our clocks an hour in advance to observe Daylight Saving Time (DST) or summer time. Daylight Saving time was adopted to make use of the longer days (longer duration of solar illumination) from spring to summer. The goal was
Tipping has become customary in many Western countries. It is something typically expected by waitstaff and others in the service industry. As a consumer, you’ve probably encountered of several instances when you are confused about the amount to give for the tip. How much should you give? Is $5 or $10 enough to reward good
Even if you were given millions of dollars, if you know nothing about proper money management, you will likely not enjoy the benefits of having money. Of course, it’s common knowledge. Money management skills are very important. Wealth is never infinite and the corrupting tendencies of money is always a threat. The following are examples