Personal finance articles related to how money influences us or how we interact with money in our everyday life.
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 an annual check-up. Before…
![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…
When you’re preparing to buy a home it’s an exciting time, and a bit stressful. 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…
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…
Your personality affects a lot about how you interact with the world. But did you know it also affects how you perceive and use money, too? One popular personality map is the Enneagram, a method that’s been in use for several decades, helping people understand…
Elder fraud is a large and growing problem, costing many seniors the savings they worked hard for in their younger years. Reports indicate older Americans lose anywhere between $2.9 to $36.5 billion each year. According to the U.S. Consumer Financial Protection Bureau, individual victims of…
If I had more money, ____ wouldn’t be a problem. I work hard. I deserve that new _____. I’ll never be able to pay off this debt. I can’t earn enough to get ahead. I need X amount of money to have peace of mind….
What’s your plan if you lose your job? What will you do if your work hours get reduced? What happens if you lose your child care? These aren’t easy (or fun) questions to answer. Yet everyone should think about what they would do in a…