Browse by Tags

Sort by: Date | Rating | Most viewed | Most commented

• Learning to love the emergency fund

  Posted Apr 28 2008, 04:47 AM by Karen Datko
  Rating:
  Filed under: banking, saving, emergency, Get Rich Slowly
  Money Blog: Smart Spending Blog - MSN Money

  This post comes from J.D. Roth at partner blog Get Rich Slowly.

  I wasn't raised in a culture of saving. My parents never made it a habit, and so could not pass the skill on to me or my brothers. In fact, I didn't establish my first savings account until three years ago, when I was 36 years old. (I had a passbook savings account as a young boy, but it never had more than $5 in it.)   Read More...

  Discuss ( 5 comments) 2,237 Views Digg this | Email this | Link to this

• 8 ways to take charge of your finances in 2008

  Posted Jan 21 2008, 11:52 AM by Karen Datko
  Rating:
  Filed under: debt, saving, emergency, Get Rich Slowly
  Money Blog: Smart Spending Blog - MSN Money

  This post comes from J.D. Roth at partner blog Get Rich Slowly.

  If one of your resolutions for 2008 is to take control of your money (instead of letting it control you), this crash course in financial basics can help guide the way.

  Here's a summary of everything I've learned about personal finance.

  Track every penny you spend. The authors of "Your Money or Your Life" admonish readers to "keep track of every cent that comes into or goes out of your life."

  (This is) the best way to become conscious of how money actually comes and goes in your life as opposed to how you think it comes and goes .... This is the step that somehow makes the biggest impact.

  It doesn't matter how you track your spending -- the most important thing is to do it. You can use a cash notebook, you can use an on-line tool like Wesabe, or you can use software like Quicken or Microsoft Money.   Read More...

  Discuss ( 9 comments) 14,319 Views Digg this | Email this | Link to this