When you’re looking to trim your budget, it can be easy to cut down on what you spend on food. You can stop getting that latte every morning on your way to work and eat like you’re still in college. (Ramen, anyone?) But what if eating well is a priority, too? Elizabeth Somer, registered dietitian and author of Eat Your Way to Happiness, offered these tips for keeping both your diet and your checkbook balanced. Keep reading »
Sometimes when you hit rock bottom, there’s only one place to go – back home with Mom and Dad. As layoffs and overwhelming debt are knocking members of our generation on their asses, many are flocking home to the safety net they couldn’t wait to escape at age 18. There isn’t any shame in going home to catch your breath and regroup, but there’s a way to approach the situation so you really do get back on your feet and avoid causing more angst than the My Chemical Romance blaring from your little brother’s room.
The Frisky hit up Rick Kahler, an NAPFA-registered, fee-only financial advisor and author of four books on financial planning and money psychology, for advice on how to move home and get independent without feeling like you’re re-living the turmoil of your Jordan Catalano-crushing youth all over again. Keep reading »
When a man gets down on one knee and offers you a ring, it can be one of the most blindingly blissful experiences of your life. But sometimes, after you accept the offering and your eyes adjust to the light, you realize that while diamonds last forever, the men who give them to you sometimes don’t. So when Mr. “I think he’s the one!” turns into Mr. “Bullet Dodged,” what do you do with the rock left behind? You may love bling, but you don’t want to wear the karma of relationships past on your finger. And sure, diamonds are great for scratching the paint on his car, but you’re much more mature than that. Sometimes the only reasonable thing to do is to sell that bad boy, but selling a diamond is more complicated than unloading that treadmill you bought last January and never used.
In order to safely get the best price for your jewelry after a relationship goes bust, Jerry Ehrenwald, president and CEO of the International Gemological Institute (IGI), the world’s largest independent laboratory for grading and evaluating diamonds and gemstones, offered Frisky readers this advice. Keep reading »
I have two children, and we’re expecting our third (and last … hello, vasectomy!) in the spring. I recently saw a billboard that claimed babies cost about $700 a month. I did the math on my 2.5 kids, and holy disposable income; the figure hurt. The billboard was an advertisement to deter teenage pregnancy, but if I hadn’t already taken the plunge, it would have made 30-year-old me think twice before procreating. Keep reading »
This past payday, I was as excited about having the funds to bring home this season’s faux fur vest as I was about skimming 10 percent off the top and watching our savings account increase. And I have to admit, I’m pretty proud of myself for being responsible enough to make that deposit regularly – so proud of myself that I felt totally justified buying that snuggle-worthy vest. (The fact that it’s faux fur? You can’t get any more guilt-free.)
Maybe you’re like me, and you get a sense of accomplishment every time you make that deposit in your savings account. But we all work hard for our money … is just putting some of it aside making it work hard enough for us? Before you get too proud of yourself for being a savings queen, read this advice from Susan Hirshman, president of SHE LTD, a consulting firm focused on enhancing the financial literacy of women. The author of Does This Make My Assets Look Fat? A Woman’s Guide to Finding Financial Empowerment and Success, Hirshman offers advice for making sure that you’re avoiding some common savings pitfalls. Keep reading »
Around the same time I started raking in the big bucks (courtesy of the Tooth Fairy), my father started enforcing the rule that the topic of money was off-limits in polite conversation. There was no, “Hey, how much was your incisor worth?” in my house. And the one time I asked my dad the amount of the bill at a restaurant, he handed it to me since he assumed I was offering to pay. I never asked again. Keep reading »