budgeting

Money Lessons From Mom

As Mother's Day approaches, the author remembers the lessons his mother taught about saving money and living well.

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.

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.

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:

Budgeting for Baby: Money Advice for New Parents

A pair of soon-to-be parents wrote DailyFinance's Laura Rowley looking for "a good technique for budgeting with a newborn or just budgeting period." With the cost of raising a child just to 17 estimated at more than $250,000, they're smart to be thinking about those money issues early.

Are You Photoshopping Your Finances?

It's one thing to use Photoshop to make your waistline look slimmer in your snapshots. Many people also take a distorted view of their finances, fooling themselves about the health of their balance sheets. Here are some common self-deceptions.

Five Reasons You Shouldn't Cut Up Your Credit Cards

Recently, Wall Street Journal columnist Brett Arends wrote about how he's giving up credit cards and going all cash. He cited some compelling advantages to dumping his plastic, but it may not be right for you. Here are five things you give up by switching to an all-cash lifestyle:

Ask the Expert: Celebrating Your Financial Victories

In addition to chasing down answers to our readers' questions, we love to hear about your firsthand experiences with weathering this economic storm. And when we asked "Will you be better off next year?" at least one reader weighed in with a resounding "Yes!"

Money on Your Mind? Tell DailyFinance ... or Ask Us

We at DailyFinance want to know more about how we can help you with personal finance matters. So -- what's keeping you up at night? Consumer adviser Regina Lewis has access to some of of the world's top experts, and will chase down answers to your most pressing money questions.

Recession Sobers Once Spendthrift Teens

Guess what the recession hath wrought: A little teen sobriety. According to the just-released 2011 Teens & Money Survey from Charles Schwab, nine out of 10 teens say they were "affected by the recession," causing major shifts in perspective that include a greater appreciation for what they have and an increased awareness of financial hardship.

The Frugal Auteur: How Roger Corman Makes Cheap Great

What's the cheapest thing B-movie maestro Roger Corman ever did in the movie biz? Find out in our interview with the penny-pinching master of the low-budget film, who's in Cannes to promote a documentary about himself, "Corman's World: Exploits of a Hollywood Rebel."

10 Things You Don't Want to Tell Yourself About Money

When it comes to money, mindset really matters. What you tell yourself over and over again becomes what you do -- over and over again. Don't fall into the trap of shoddy thinking: Here are 10 bad memes that can seriously mess up your financial health, and advice on how to avoid them.