Buying a home is the most expensive decision/investment you’ll ever make in your lifetime, so make sure you do your homework! Earlier this year, I was able to purchase my first home. The experience for me was pretty emotional and stressful with a combination of excitement, anxiety, fear and joy all in one. There will be tons of information that you will have to absorb in order to make wise house buying decisions, from deciding if...

Research studies have shown that half of US bankruptcies were caused by Medical bills. The study estimates that medical bankruptcies affect about two million Americans annually. When most people think of bankruptcy they tend to think that it comes from acts of past irresponsible spending however it could happen to anyone. Bankruptcy is a federal court process that places you under the protection of the bankruptcy court while you attempt to...

Sometimes we all make unwise financial decisions or take on more credit than we can handle. Sometimes we acquire bad credit from unfortunate circumstances like going through a divorce, loss of a spouse,  or experience  medical issues that results in the inability to work or excessive medical bills. Regardless how you get into debt, I think we can all agree that its much easier to get into debt than to get out of it. If you have bad...

Digging your way out of credit card debt can be an overwhelming and feeling hopeless.  It is embarrassing for friends and family members to know that you’re struggling to pay your bills. You also may be tossing and turning at night thinking about how to get out of your current debt situation. You are not alone. With hard work and discipline, you can work your way out of debt! If getting out of credit card debt is something you want...

The typical “American Dream” is owning your own home, however, if you’re not able to swing it financially, it could end up being your worst nightmare. Some questions, you might want to ask yourself : How much are you gonna save up for a down payment and closing costs? How do you know how high a mortgage you will qualify for? How much can you really afford based on your lifestyle? How much will you really save in...

Welcome to the 59th edition of the Carnival of Money Stories, a carnival where we share personal experiences with money. I enjoyed reading all the article submissions and have selected 16 articles in this edition. You can learn more about the Carnival of Money Stories at their home Page here. If your article was not included in this edition it probably did not have a personal story relating to money. Check out this weeks article submissions...

A budget is really nothing but a spending plan. You may find yourself struggling with an unrealistic plan to save tons of money when what you really need to do is spend more wisely. If you think that you can meet your financial goals without some sort of a spending plan, you will find yourself very disappointed. Regardless of whether you make a hundred dollars a week or a million, the key ingredient to successfully making your money work...