How to Know When It’s OK to Spend

Some people are much better savers than spenders. That can become a problem. Certified financial planner DeDe Jones recalls clients, retired schoolteachers, who loved to travel but kept putting off the trip to China and Southeast Asia they’d always wanted to take. “The husband started having health issues, and they...

Nine smart ways to teach your kids financial responsibility

It’s never too early to introduce or reinforce positive financial habits for your kids. If you’re not sure where to start, here’s a mix of simple concepts and activities you can try to set them up for a life of smart money management: 1. Create a budget Begin your financial...

Five habits that can ruin your budget

So you’ve set a budget and it looks perfect on paper. You established different spending categories and set what seems like reasonable limits. Yet somehow it just doesn’t work out month after month. Sound familiar? The first thing to do is double check that your budget is reasonable given factors...

Is debt consolidation a good idea?

Debt consolidation is the process of taking out a new, more affordable line of credit to pay off your existing credit cards. Usually, people consider it when their cards become too expensive to afford. Applying for a personal loan with a low-interest rate is perhaps the most common way to...

5 Guidelines for Happier Holiday Tipping

Holiday tips are a way to thank the people who make your life easier. So why is it so hard to figure out whom to tip and how much? Guides published by etiquette experts don’t always agree on what’s appropriate. What people actually do is another matter altogether. Only about...

Budget Before Black Friday to Prevent Costly Regrets After

If your wallet could talk, would it blacklist you from Black Friday shopping? Before you get swept up in the dizzying deal frenzy this Nov. 23, here are three tips from financial experts about how to stay on budget — and stop yourself from buying things you don’t need. Be...