Managing your money isn’t just about tucking it away in a savings account. Or under your mattress. It’s about knowing how and where to save … and how to help it grow. And it’s about being financially literate enough not to get taken advantage of.
Basic personal finance involves money that comes in and money that goes out. And what you can do to increase what flows in and decrease anything going out the door for things you don’t really need … while still living a good life.
Here are a few basic personal finance posts to help you better understand and manage your money:
Basic Financial Terms: Know Your Finance Lingo!
Credit Basics: What Do All Those Credit Terms Mean?
How Much Should Mortgage Rates Affect Buying a Home?
When To Use Saving To Pay Off Loans (And When Not)
Opportunity Cost Examples: What Is Opportunity Cost?
Retirement Math: Why Saving Money Now Matters So Much
Ally Review: Opening an Account with Ally Bank
Chase Mobile App Review (from a Reluctant Convert)
Why Should I Invest? Stock Market Is So Unreliable!
Why Does My Mutual Fund Pay a Dividend?
Why Can’t I Save Money Even When I Try?
Saving Money Is Hard. I Feel So Deprived!
Spending For The Holidays
⇒ EXTRA: What If You Can’t Afford to Leave a Noisy Apartment?
HELPING YOUR MONEY GROW
Tips for Investing Money
And please feel free to leave your questions about managing your money or any other personal finance topic in a comment section. I’ll do my best to answer — or help you find the answer!