Tag Archives: money 101

Money 101: How To Start Saving To Buy Your First Home

There it is again. That once-a-month unsettling feeling. It’s not your ovulation cycle. It’s your monthly financial cycle making you nauseous. It’s that nagging feeling that accompanies the deadline for your rent check. Who’s getting rich off your rent? Are you wasting money when you should be building equity? And what the heck IS equity, anyway?

However noble and responsible those questions are, if you’re anything like I was before I got hitched and bought a house, you quickly file them away in the “I’ll think about that next month” drawer. Besides, the pizza deliveryman is on the way, and “Sex and the City” re-runs are on demand. Renter’s paradise, right?

But if you’re lingering over the neighborhood home guide, you might as well educate yourself on how to save for your first home. We interviewed consultant and women’s financial expert Deana Arnett for tips on when you’re ready for your own home and how in the heck to get the process started. (First, turn off Carrie Bradshaw. She’s a bad influence. Her shoes and handbags alone would cover half a dozen mortgage payments.) Keep reading »

Money 101: 5 Tips For Traveling On The Cheap

The temperatures in much of the country are higher than tween hormones at a Justin Bieber concert, and at this point in the summer, my mind is at the beach whether the rest of me is or not. Along with the heat coming off the pavement, though, most of us are also feeling the pressures of a tighter budget. So, when it comes to planning a getaway, how can you order your guilt-free margarita and drink it, too? Not to worry, with the following tips from Debi Hayes, Master Cruise Counselor with Vacation Planning of Atlanta, you can blow town without blowing the budget faster than you can say “on the rocks!” Keep reading »

Money 101: How To Start Your Own Small Business

J.K. Rowling was buying groceries on a welfare check until she hit pay dirt with a nerdy pre-teen wizard. Sara Blakely was a sales trainer and stand-up comic before she revolutionized the pantyhose industry with Spanx.

Almost two-thirds of the world’s approximately 1,000 billionaires are rags-to-riches stories. And even Kanye says a little ambition can help you make a Benz out of that Datsun. So … why not you? Keep reading »

Money 101: Top Online Money-Saving Sites And Tools

The way we shop now: via virtual window browsing, electronic payments, and clicks of a button. Which is great for making things easier, but it also means you may become less discerning about your purchases. Avoid settling for the quick fix when you’re spending online—with a bit of research, you might find yourself saving more than you thought possible. Of course, half the struggle of attempting to be frugal online is being overwhelmed by discount search engines or slightly sketch third-party websites. Lucky for you, we’ve done the work for you, and have rounded up the best websites and online tools to keep you money smart.

A word of warning: just because a site offers great discounts, it doesn’t mean you have to cash in on it. When you find amazing things for cheap, it’s often tempting to purchase them simply because of the deal. Before you spend, think about whether you’d actually be buying the item in the first place. The rule of the game is to sub in these options for times you’d ordinarily spend full price. So without further ado … The Frisky’s favorite web spots for shopping, planning a vacations, redecorating, and even partying. Check them out after the jump! Keep reading »

Money 101: The Lowdown On Hidden Finance Charges

So you’ve just noticed the $4.99 mystery charge on your cell phone bill; and, how annoying, that “emergencies only” credit card you never use billed you $15 for your frugality? We consulted two experts to find out if these and other hidden charges are legit, and if there’s any way to avoid being nickel and dimed right into the poorhouse. Deborah Owens, women’s wealth coach and author of A Purse of Your Own, says it’s more than just sweating the small stuff. “This is about knowledge, and knowledge is power,” says Owens. Keep reading »

Money 101: Rehab Your Credit Rating

If I’ve learned anything from watching “Celebrity Rehab With Dr. Drew,” it’s that the sole act of going to rehab doesn’t make for full-on rehabilitation. Well, that and that Tom Sizemore is all kinds of crazytown. If you need help kicking a drug, sex or alcohol problem, call the good folks at Betty Ford or Promises Malibu (Dr. Drew’s celeb rehab track record, not inspiring a whole lot of confidence). If a low credit rating’s your problem, call Manisha Thakor, personal finance expert and featured financial counselor in The Frisky’s “Therapy For Your Pocketbook” video series. She’ll help you get high (because in credit score land, “high” is a good thing) with these three simple steps, which drive a whopping 80 percent of your credit score. Keep reading »

Money 101: Financial “Rules” You Should Ignore

There are all sorts of rules out there that were made to be broken. You can’t wear white after Labor Day; “beer before liquor, never sicker”; “just say no”; “don’t do it on the first date” … they don’t necessarily serve you best, you know? Financial “rules” are no different, says Manisha Thakor, a personal finance expert. So which ones are worth following and which ones should you ignore? She gives us the real deal, after the jump! Keep reading »

Money 101: How To Reduce Your Monthly Bills

I once saw an “Oprah” episode with a guy so hell-bent on reducing his monthly grocery bills that he had a practice of purchasing doubly-ply toilet paper, unrolling it and then re-rolling it into two separate rolls, thus turning 12 rolls into 24. Swear to God. Enter multiple scatological puns here. (What a cheap-ass! That’s a serious tight wad!)

Sure, attempting to slash your monthly bills is a good move — especially these days, when money ain’t exactly growing on trees. But doing so by re-rolling toilet paper? That’s only for serious whack jobs. In her book 99 Things to Save Money in Your Household Budget, Mary Hance, author of the Nashville Tennessean’s “Ms. Cheap” column, offers some real-life (as opposed to real lame) ideas on how to free up a little extra room in your budget. I found many of them really legit, not to mention simple. Some of my personal faves, after the jump! Keep reading »

Money 101: How To Downsize Your Expenditures

I’m 100 percent guilty of spending without really thinking. Downsizing my expenditures really isn’t something I ponder, even though I know I should (and seriously, if I had a dollar for every time my husband told me I needed to ponder it, I likely wouldn’t need to ponder it at all). I’ve heard, though, that rehabbing my inner Suzie Spendthrift is as simple as taking a different approach to how I think about spending, which, for an otherwise savvy, self-aware chick like me, should result in smarter spending practices. The goal for all of us who spend with reckless abandon: make like the late, great Michael Jackson and take a good, hard look at the (Wo)Man in the Mirror, asking yourself how you can change your spending ways. After the jump, some tips to get started. Keep reading »

Money 101: When To Pay With Cash, When To Use Credit Cards & When To Finance

If you’re lucky enough to have money in this crap-tastic economy, you’ve got to do all you can to make sure you’re using it wisely enough to not only remain financially afloat now, but also in the foreseeable – and even distant – future. Doing so involves carefully considering the way you dole out those Benjamins. While some purchases are best paid for in cash, you can get a better bang for your buck by putting some on a credit card. For info on which purchases are better financed with cold, hard cash and which should be paid for in small increments, consider these tips, courtesy of personal finance expert Manisha Thakor.
Keep reading »

  • Zergnet: Simply Irresistible

  • HowAboutWe

  • Popular