Top 5 Posts – Tips on Budgeting

Summer is almost upon us! The air is fresh and life seems to be flourishing. Other than the Christmas Season, this is often the second most ‘expensive’ time of the year for most people. Everyone is out and about and impulse buys are at their highest. You wind up buying a new t-shirt here, a new pair of sunglasses there, an ice cream as you go for an evening stroll and a patio beer with friends to enjoy the warmth of the summer sun. To help you plan your summer spending I’ll show you the top 5 posts from other financial blogs. We hope to provide fantastic tips on budgeting from other sources.

The Top 5 Posts of the Week for Tips on Budgeting:

1. Marriage and Managing Finances: Getting married is a big step. There are the emotional issues of joining with another person and pledging to love, cherish and support one another for the rest of your life, through good times and bad. While you’re sharing your life with someone, you’re also likely sharing finances, too. It can be stressful if you don’t have a plan. Sitting down to talk about your expectations should be done even BEFORE you say “I do” – it’s that important to see if you’re both on the same page when it comes to handling your finances.
2. Is a debt snowball an answer to your financial troubles? Are you having debt blues? Have you been hit by the money bug? Are you still paying for some unwise financial decisions? Life can indeed look like a punishment when you are suffocating under the burden of rib crushing, spine tingling debts. However, you can defy financial adversity. If you are armed with proper knowledge then you are bound to get out of debt sooner or later. So what’s your way out of financial trouble?
3. How to Invest Into Bonds: As boomers approach retirement, common advice you hear is to invest into bonds.  It sounds simple enough, but what bonds do you invest into?   You can invest many different types of bonds:  government, municipal, emerging market, high yield, treasury, etc, etc, etc.   In fact, investing into bonds can get just as confusing as investing into stocks.   Let’s see if we can break down some of the basics of bond investing.
   
4. Surviving the Rags to Get to The Riches: If it was easy to live a life of fame and comfort wouldn’t everyone have it but as we all know that is not how it works. There are a lot of blood, sweat and talent involved in getting to a point of prestige in a culture and society. There are a number of us going through the same struggles of making ends meet like the glitterati did when they were living anonymous lives and they did. Unless you are born a prince or a princess, you need to learn to struggle to make your dreams come true and have your talent recognized. Survival of the fittest is more a testament of the practical world that we would ever like to admit.
5. Buy Low. Better Yet, Buy Lower: It’s equally foolish to assume that the market will carry you along indefinitely if you just buy a flat representation of it and don’t research at all.  We have 12+ years of real-world evidence of that.  Factoring in inflation, the Dow has risen by an average of .4% annually since February of 1997.  Your index fund would have been better off if it had collected tin cans since the Packers last won a Super Bowl.

Enjoy these tips on budgeting, congrats to the winners and happy reading!

Tagged with: Budgeting Tips • personal budget planning • Personal Budgeting • Web Page Finance

Filed under: Budgeting Tips

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