Feeding a family well without overspending is a balancing act. It helps to know what your body needs and how much it costs. While some financial decisions only come up annually or even less frequently, decisions about what to buy for dinner come up daily. It pays to know what you’re doing with a grocery…
My post on perspective on an underwater house was selected for this week’s Carnival of Personal Finance. My thanks to carnival organizers. Check out the carnival for other outstanding input on family finance. I particularly liked Reject the Everyone Has Debt” mind set. Also intriguing is Things you can learn from the rich about budgeting. …
The mantra of homeowners in trouble repeats: modify my mortgage so I can continue paying. My counterpoint injects: before you jump into a loan modification, consider how long you can (or want to ) continue to pay. Mortgage modification started out addressing the problem of sub prime loans with unsustainable loan terms including adjustable rates…
Here is a roundup of some of my reading from the personal finance blogosphere this week: Should you lend to your family members? from Bible Money Matters. Budgeting for the Fun Stuff asks how-long-do-cars-last? 13-clever-ways-to-save-more-money by Budgets Are Sexy. Christian Personal Finance asks how to set up a budget with inconsistent income. What to tell the…
There are many reasons why we try to own homes rather than rent them. It made great sense when houses were appreciating regularly since it was building our income. Today that isn’t happening and we are losing money just holding on to real property! Cathy wrote about owning versus renting yesterday, and comparing the costs…
I discovered an exciting web tool to roundup personal finance posts from the blogosphere for Money Health Central this week. StumbleUpon describes itself as a discovery engine and that it is. I was pleasantly surprised to find a personalized selection of sites in my inbox this morning. Here is what StumbleUpon offered me up today: Wisebread:…
Unfair credit card policies got us going this week at Money Health Central. Our writers didn’t pull any punches telling you about their outrage. Kurt tells us Doug’s post on credit card wrongdoing riled him about adhesion contracts and arbitration clauses in consumer contracts. An adhesion contract is a take it or leave it contract,…