Personal finance articles related to how money influences us or how we interact with money in our everyday life.
![Credit Card Rewards Program Mistakes [+ how to avoid]](https://womenwhomoney.com/wp-content/uploads/2021/02/display-of-reward-earning-credit-cards-768x403.jpg)
Many credit card companies offer rewards to attract new customers. And it works! A 2018 study found 79% of people choose credit cards for their rewards. But is it always a good idea to use credit cards for rewards? Once you sign up for a…
Financial education is essential and should start as early in life as possible. While the number of schools adding personal finance to their curricula continues to grow, many kids don’t get taught about managing money at school or home. What’s one way to help teach…
When it comes to bank accounts, is too much of a good thing too much? Should you have more than one or two bank accounts? And should they be at different banks? The more bank accounts you have, the more time it takes to track…
Before you start to panic, understand that committing tax fraud involves more than making common mistakes on your income tax return. But there are numerous types of tax fraud and evasion that could result in civil or criminal penalties. The Internal Revenue Service (IRS) treats…
It doesn’t matter how you do it, in a notebook, on a computer, online, or in an app, as long as you’re doing it! Budgeting is an important part of adult life. If you’re wondering why you need a budget or spending plan, according to…
Many households nowadays are dual income, with both partners working and bringing in money to run the home. Even in single-income households, having a partner can help with budgeting, paying off debts, and planning for the future. When single, you can only depend on yourself…
You found the perfect home, it fits your budget, and you’re ready to put in an offer the seller can’t refuse. But it’s not as simple as offering a fair price. Low interest rates and high demand for homes in some areas create a seller’s…
Personal finance management information is everywhere. You can read about how to manage your money almost anywhere on the internet these days. They write books about it. In fact, a lot of them are best sellers. If the opportunity to learn how to manage your…
As the weather turns colder and the daylight becomes shorter, you may be busy planning for the holiday season. But something else worth focusing your attention on during this season is your finances. Like your physical health, your financial health needs a check-up at least…
![What is a Class-Action Lawsuit? [Should I join one?]](https://womenwhomoney.com/wp-content/uploads/2020/11/female-lawyer-writing-up-a-class-action-lawsuit-768x403.jpg)
When people receive notices identifying them as a class member in a class-action lawsuit, they might not fully understand what that means. These types of notices generally include basic information about the litigation and provide you with a choice to opt-out. When you’re trying to…
![Why You Need a Home Inventory [+ how to create one]](https://womenwhomoney.com/wp-content/uploads/2020/11/colored-drawing-of-a-houses-inventory-768x403.jpg)
Each year, one of every 20 households file insurance claims due to theft, fire, wind, and water damage. In 2019, losses from natural disasters topped $25 billion, and 2020 is shaping up to outpace that number. It’s not something anyone likes to think about, but…
The coronavirus pandemic has wreaked havoc on the financial situation of this country and its people. The effect is felt most by the economic impacts of shutdowns and other various restrictive measures. But another casualty of the pandemic quietly added another financial blow for many…
If you look around you, it might seem crazy not to be buying a house right now. In parts of the country, people are in bidding wars, homes fly off the market, and house prices are rapidly increasing. But real estate is not always a…
Is now the best time to buy a home? How much can you afford to spend on a house? Do you have enough for a down payment? Where do you want to live? If you’re thinking about buying a home, it makes sense to get…
“You’ll need $2.8 million to take care of your child for their life.” I’ve never heard a sentence more deafening than that. My husband and I sat there, staring blankly back at our financial advisor. I swear I could feel my heart slow, and my…
![How to Make Estimated Tax Payments [Avoid IRS Penalties]](https://womenwhomoney.com/wp-content/uploads/2020/09/woman-tired-of-calculating-estimated-tax-payments-768x403.jpg)
So many single moms – especially newly divorced single moms – end up in tax trouble. It’s one of the things no one really tells you about until it’s too late and you’re already on the hook for IRS penalties and interest on taxes you…
![Financial Gaps Women Face [How to overcome them]](https://womenwhomoney.com/wp-content/uploads/2020/09/businesswomen-reviewing-the-financial-gaps-women-face--768x403.jpg)
You work really hard. Yet somehow, you still make less than your male counterparts, impacting your retirement fund, among other things. What gives? Many women are noticing many unfair disadvantages involved in making money and expanding wealth. If you’re consumed with fear of doing everything…
If you’ve ever watched an entire movie you didn’t enjoy or ate food you didn’t like – just because you paid for them, you’ve experienced the sunk cost fallacy. In these examples, the money you spent on the movie and food is a sunk cost….
Due to the pandemic, shut-downs have created an economic crisis that substantially increases the risk for lenders. With tens of millions of people unemployed, it’s not surprising there’s a greater reliance on credit. And with that, a higher percentage of missed payments on these accounts….
It’s 2020; old age is looming closer, accompanied by the threat of a lackluster retirement. Of course, you’re anxious about your financial future. But you’re too busy taking care of everyone else to do anything about it. According to this study by Employee Benefit Research…
While it may take several more months before regular parties are again the norm (especially inside), entertaining is slowly becoming possible again. Getting together with others feels more important than ever, after months of social isolation. Still, when you’re trying to save money, it can…
Whether you’re buying your first home or your third, it’s an exciting time. After all, it’s one of the most significant purchases you’ll ever make, and it’s a place where you’ll make lasting memories. It’s also quite a process to get from home viewings to…
What if saving money and investing for the future could be fun? Or at least, not so daunting or stressful? Managing money can be more motivating – even enjoyable – when you gamify it. At the very least, gamifying gets you started on the right…
![Make Your Budget Work [Tips for overcoming obstacles]](https://womenwhomoney.com/wp-content/uploads/2020/07/woman-facing-challenges-with-her-budget-768x403.jpg)
You’re ready to take control of your finances and use a budget to plan for your income and expenses. But that “b” word doesn’t exactly give you the warm fuzzies. You know though, telling your money where to go is better than wondering where it…
The thrill of pulling out a jacket from last season, putting your hand in one of the pockets, and unearthing a $10 bill is unmistakable. Some people–including yours truly–even get excited when they notice loose change on the sidewalk. What if there were hundreds of…
![The 52 Week Money Savings Challenge [+Spicing it up!]](https://womenwhomoney.com/wp-content/uploads/2020/06/52-week-savings-challenge-in-52-piggy-banks-768x403.jpg)
Have you heard of the 52-week savings challenge? The concept is simple. In the first week, you save $1. In the second week, you save $2. You then continue saving one extra dollar every week until you save $52 in the 52nd week. At the…