Money Lessons From Mom
As Mother's Day approaches, the author remembers the lessons his mother taught about saving money and living well.
budgeting
How Much Financial Advice Do You Really Need?
Despite a troubling national shortfall in retirement savings and the aftereffects of the foreclosure crisis, the answer, to judge from a rash of recent studies, is "not much."
She's Going a Year Without Buying Clothes (and So Can You)
One woman decided to take an extreme approach to her shopping addiction by going a full year without buying a single item of clothing. Here's how you can do the same.
In Hard Times, People Who Grew Up Poor Spend More, Cut Less
It may seem, counterintuitive, but the latest research is clear: Poor people react to hard economic times by spending more and cutting their budgets less.
Best Apps to Manage Your Money
Money magazine has served up a bounty of mobile apps to help you save more and budget better. Let's take a look at their top recommendations:
9 Ways to Teach Teenagers About Money
While some school systems have added financial literacy to their curricula, many have not, and in the end, responsibility for ensuring your offspring are ready for adult financial life is on your shoulders. Fortunately, there are plenty of ways you can add to your teens' practical knowledge.
Here's a V-Day Gift That'll Outlast Roses: Well-Ordered Finances
You don't think a color-coordinated bouquet of organized financial files and reconciled account statements is romantic enough for Valentine's Day? Then consider this: Money issues are one of the top causes of relationship strife.
5 Simple Ways to Cut Your Monthly Expenses
If you can reduce the cost of your monthly fixed expenses, you will find your budgeting is much more successful and you%u2019ll have less stress about saving money. With that in mind, here are 5 simple ways to cut your monthly expenses.
Budgeting, Guy Style: App Zaps Personal Finance's Gender Gap
Men -- and in particular, younger men -- get a justifiably bad rap when it comes to managing their money. But new tools like PowerWallet are designed to help get them on track by making good financial behavior less of a chore and more of a game.
Financial Advice for Teens, From Teens (and Most Teens Need It)
Last year, Charles Schwab conducted a study on teens' financial knowledge and perspectives on money. Most considered themselves pretty savvy -- but weren't. Three teens who actually are have these smart tips for their peers.
Why We Buy Too Much: The Psychology of Overspending
Like all behaviors, your buying habits reflect your background, experiences and psychological makeup. But those things don't have to control your financial future. Here are some emotional states that drive people to make poor purchasing decisions, and some advice on how to keep those emotions from sending you to the poorhouse.
How Did You Do It? Share Your Money Success Stories
The start of a new year is a traditional moment for turning over a new leaf -- but real change doesn't come easy. With that in mind, we're asking you, our readers to share your best financial planning stories, tips and secret strategies.
6 Key Money Lessons of 2011: What We've Learned
At this time last year, maybe you thought the economy would be a bit more gracious by now. No such luck. But as we reflect on the year that was, here are six financial lessons that 2011 taught us all.
Girl Scouts Teach Girls to Get Real About Money
Those Girl Scouts aren't just about selling cookies -- the green-sashed entrepreneur who supplies your Thin Mints is also preparing to be the boss. The GSA now offers 13 merit badges to teach its more than 3 million members financial literacy -- everything from good credit to savings and investing.
Waiting to Inherit: Not a Sound 'Financial Plan'
An estimated two-thirds of baby boomer households will receive an inheritance at some point, with a median amount of $64,000, according to an AARP study. I recently received an email from a reader who has fallen deeply into debt in anticipation of her legacy -- and is now worried that her bailout may not be at hand.