If you reside in cellphone-only household, you're not alone. More than fifty percent of adults in the United States live in households without landline telephone service according to a 2016 survey by market research firm GfK MRI, a number that is sure to be higher today in 2019. Compare that with 2010, when the total number of households with cell phone-only service was just 26 percent. Clearly, the cellphone-only lifestyle is the new normal. But is this new normal the best choice for everyone? For some people, keeping that trusty landline is a smart move, even if it costs a little extra each month.
You thought you were being responsible by making the minimum payment on your credit card a month early, so you're surprised — and peeved, let's be frank — when a late fee appears on the following month's statement.
You could be in the position to splurge on a sexy, sporty sedan to celebrate your divorce. On the flip side, the loss of your spouse’s income contribution to the household could be greater than your drop in expenses.
Either way, a post-divorce budget will let you know where you stand with your finances, help you avoid getting whacked with surprise expenditures, and keep you on a steady course of financial stability.
Ever notice how your monthly expenses always seem to equal whatever salary you’re making, even after you get raises? The phenomenon is called “lifestyle creep” and it can keep you from reaching all kinds of financial goals, from paying down debt, to saving for retirement. One way to get lifestyle creep under control is to have any future raises you get direct deposited into savings – like a 401(k) account through your employer, or an Individual Retirement Account (IRA). But here are five things you can do right now to cut your monthly expenses.
Job loss ranks as one of the top stressful events we encounter during our lives, right up there with a death in the family, a serious illness, and divorce. It not only can crush you emotionally and wreak havoc with your self-esteem, it can devastate you financially, especially when you're unprepared...and let's face it, most of us are caught short when we're handed a pink slip. The financial impact of job loss is probably the toughest challenge to face during this time, so it's critical to develop a plan that reduces as much financial stress as possible. Here are nine steps to take when you're facing unexpected unemployment:
The holidays can be an energy guzzler. The Christmas lights are hung and turned on 24/7. The oven is busy baking gingerbread cookies, yams, turkey, etc. The whole family is at home and turns on all of the lights...and the television...and the computer. Between driving to stores to buy gifts and attend holiday dinners and parties, the car gets double its normal use.
Years ago, if you had a subscription to something, it was probably for a magazine, newspaper, or compact discs (remember “eight CDs for penny?”). Today, it seems you can subscribe to just about anything via a subscription box and maybe even save a little money to boot. Dinner, razors, new outfits, cleaning supplies – you name it, there's probably a merchant out there with a subscription box to suit your needs ... or wants, whims, and wallet!
Heating your home can be expensive, and this year it may be more so. The U.S. Energy Information Administration is forecasting that heating bills for American families will be higher than last year because of higher forecast energy prices. They predict natural gas bills to rise by 5%, electricity by 3% and home heating oil by a whopping 20%. How can you cut the high costs of heating your home this winter? Here are 7 winter energy savings tips that'll bring the cost of heating your home down:
Before the year's end, millions of Americans will be asked to make important decisions about their benefits packages, including healthcare benefits. Open Enrollment — also called Open Season and Annual Enrollment — is a period of time, often starting in November and ending in December, where employees can make changes to their healthcare benefits at will. (Open Season this year for federal employees runs from November 1 through December 15; it's one of the shorter seasons on record.) Once Open Enrollment ends, that's it: you're locked into the benefits you have ... or don't have. The exception to this rule is if you experience a "life event," such as a birth, death, marriage, or a job loss.