Trying to keep your spending in check is a lot harder than it sounds, especially since it is so easy to make purchases these days. All it takes is a couple quick clicks of a button, and you can purchase anything from groceries to furniture to a new car.
Not too long ago, celebrities and millionaires were the only ones spending money on expensive items for the sake of flaunting their wealth. Unfortunately, nowadays, things are a bit different. ‘Regular people’ who earn a low, medium, or high income are spending their money frivolously to “keep up with the Joneses.”
We live in a Facebook world that gives “Keeping up with the Joneses” new meaning. People tend only to share the best of what’s going on in their lives, and that places added pressure on many people to keep up and emulate their successes.
It's only $5. It's only $20. It's only $100. If you're like most people, you probably hear yourself or your family members throwing around phrases like that all the time, but the reality is that the value of something really depends on whether or not you can afford it.
While there is most likely an app for that, all these apps could be killing your budget. You will be amazed at the wide range of useful apps available for your home computer, mobile devices, tablets, and more.
Nothing beats the joy of treating yourself! Many people feel drawn to the thrill of buying new items, pampering services, or tasty meals. However, overspending can become a financial problem when you’re not keeping track of your budget, leading to unwanted debt and stress.
Right now, you can easily buy anything you want with a quick tap on your phone or a swipe of your card at the store. Beyond that, both brick-and-mortar stores and websites push impulse purchases on you constantly, making it even harder to say no.
For many, fall signifies the beginning of the end of the year. It’s a time when many people start to plan for the holidays and the new year. Whether it's about decorations, parties, gifts, travel, entertainment, or anything in between, the magic of fall is contagious.
Playing the stock market isn't the same as buying a lottery ticket, although Wall Street could be considered the biggest casino in the world. The fact is you are only risking a few dollars if you buy a lottery ticket. If you try to act as your own stockbroker, you could be putting your entire financial future at risk.
Nearly all of us can find a reason to put off saving money. We have all done it — we come up with excuses like I will start saving when I get my raise this year. The fact is that most of us spend more money as we make more money, meaning our best intentions to start saving gets put off year after year.
