household budget

Her Financial Goal: Cut Out All Those Small Money Wasters

Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: An AOL Jobs editor who wants to cut the small, everyday money wasters out of her budget.

My $5,000 Emergency: How I Managed It (and You Can, Too)

A $5,000 car repair bill is the kind of thing that can push even a frugal family's finances over the edge. But here's a simple emergency fund tip that will help you avoid a worst-case scenario when Murphy's Law catches up with your budget.

13 Financial Resolutions for Retirees in 2013

Being retired means not having to worry about waking up early to get to work. But retiring doesn't mean its time to quit worrying about making your money work as hard as it can.

5 Sensible Ways to Combat Inflation in Retirement

Inflation may not feel like much when you are working, but it can have a significant impact on the buying power of your retirement savings. These adjustments can help you to minimize inflation%u2019s bite.

Year-End Review: Simple Ways to Cut Your Budget Now

If a fiscal cliff deal isn't reached soon, we'll all wake up on Jan. 1 with higher taxes and lower government spending. One way or another, you'll likely have a bit less cash to spend, so the next few weeks would be a good time to figure out where you can cut your spending to compensate.

No Man, More Money: Five Women Who Thrived After Divorce

Recent female divorcees are twice as likely to live at or below the poverty line as their male counterparts, a Spectrem Group study reports. But there are plenty of people who refuse to be bound by such stereotypes: These five women learned to whistle a far different -- and richer -- tune after their marriages ended.

Shedding $120,000 in Credit Card Debt Saved Her Life

When Franny Bostick thinks back on where she and her husband Jim were six years ago, with more than $120,000 in debt on 13 credit cards, she shudders. They not only faced financial ruin, but she also was on her way to a potentially catastrophic health crisis. But they turned it around. Here's how.

Twentysomethings: It's Time to Declare Financial Independence

As we prepare to celebrate our nation's independence, let's take a moment to think about our individual declarations of financial independence. If you're still ruled by debt, fiscal confusion, and reliance on others, here are a few tips for breaking free.

Your 7-Step Midyear Money Checkup

With six months of earning, saving, and spending under your belt, you've got plenty of data to project how 2012 is going to play out. So let's lift the hood on your finances and give everything a good once over.

Can a Spending Splurge Help You Reach Savings Success?

Every dieter knows you sometimes have to give in to your cravings on the long road to a weight loss goal. Turns out the same principle applies to personal finance: A splurge now and then can actually help you attain your budget and savings goals.

Financial Spring Cleaning: 4 Steps to a Fresh Money Start

The return of warmer weather is an cue for many of us to clear out the debris that has gathered over the winter. But it's not just the house and the yard that could benefit. Here's a step-by-step guide to spring cleaning your finances.

Car Loans Are Now Americans' No. 1 Bill-Paying Priority

The recession and its hangover have turned our bill-paying habits upside down. Cash-strapped Americans are paying off their car loans before they pay credit card bills and make mortgage payments, a TransUnion study finds.

6 Strategies for Young Adults to Save More in 2012

Saving doesn't come easily for us young adults. Entry-level salaries don't give you a lot to work with, and we tend to spend what we make. But don't worry: We're not doomed to frivolity and financial ruin. Here's how you can start saving smart.

4 'Must Do' Money Moves to Achieve Fiscal Fitness

There are many roads to financial security, but whatever path you follow, there are some mandatory steps everyone ought to take along the way. Alexa von Tobel, founder of LearnVest.com, cuts through the thicket of advice to give us her essential keys to sound money management.

3 Ways to Take Control of Your Finances in 2012

After the overindulgence of December, it's no surprise that so many people spend January trying to turn over new leaves. If you're ready to get your financial house in order, consider one of these three websites, each with a different take on helping you better manage your money.

4 Mobile Apps to Make You Smarter With Money

If your underperforming money needs a kick in the right direction, turn your mobile device into a financial adviser, motivational coach, and investment guru with these apps. Because a penny saved is a penny earned, they're all free.

7 Financial New Year's Resolutions to Keep

Every January, we plan to make changes, and we often don't succeed. Let's make this New Year's different: Here are seven fairly simple resolutions recommended by the financial experts for getting you on a firmer fiscal footing in 2012.

How Money Stress Can Make You Sick: Dr. Stork Explains

Money woes don't just make it harder to pay for prescriptions and doctors' visits -- they can also make you more susceptible to a host of health problems. Dr. Travis Stork of 'The Doctors' offers some tips for how to save money while still taking care of yourself.

3 Tips for Cleaning Up Your Finances After a Debt Storm

When you get deep into credit card debt, it can feel like you've been through a financial storm. That's the story for a social worker named Heather, who has $30,000 in credit card debt. DailyFinance's Laura Rowley looks at key steps to clear the debris from her path to a brighter financial future.

How to Face Your Budgeting Fears and Take Control

In the midst of a divorce, a mom of five faces a financial horror story: $40,000 in credit card debt, a huge mortgage payment and minimal college savings -- and she has no idea how to budget. DailyFinance's Laura Rowley offers a few ways she can begin her escape from the financial twilight zone.

Money-Life Balance: What It Is and How to Get It

We're all know about work-life balance -- the idea of hitting that sweet spot where one's home life is rich and full, and doesn't collide with one's career. But how about money-life balance, when you can enjoy your earnings without racking up uncomfortable debt? Too few of us have that: Here are some tips on how to get it.

Divorced Mom: How Do I Rebound Financially?

Splitting up makes a mess of your finances,as Lynn, a nurse living in Florida knows all too well. Her 2008 divorce from her husband of 28 years left her in debt, with bad credit, and with limited financial skills. She's already begun to dig out, but she needs a better plan.

What to Do When Credit Card Bills Devour Your Paycheck

Credit card debt is tough to avoid -- and tougher to escape. We received an email from a reader who owes $20,000 on her cards, and spends a third of her income on those payments. Credit expert John Ulzheimer offers a legitimate method for her to reduce monthly costs and get out of the red.

Helping a Caregiver Climb Out of Debt

Joe did right by his mother in her declining years, but half a decade of expensive care for her has left the 53-year-old in a financially precarious position. Money and Happiness columnist Laura Rowley offers him a step-by-step plan to get out of debt and back on track for his own retirement.

A 70-Year-Old Asks: Can I Afford to Retire?

Jack, 70, is still working full-time at an environmental agency for the state of Tennessee, earning $60,000 a year. He has no debt, and a good amount of savings, and an income property. What he doesn't have is a clear picture of whether he's in a good position to retire.

Advice on Juggling Higher Bills, New Business

Cassandra and her husband have seen major life changes in the past few months: A new house in the NYC suburbs, bills that suddenly exceed his salary, and a new business for her. But though her consulting firm is thriving, now she's got a different problem: how to properly take money out of it. DailyFinance drafted an expert to help.