Category: Money Management

What to Do If You’re Struggling to Pay Bills on a Six-Figure Income

Nearly half of Americans making $100,000 or more a year struggle to pay their bills. The same is true of 32 percent of individuals earning at least $150,000 a year. While it’s true that, six figures in New York doesn’t get that far compared to lower-cost regions, it still exceeds what many people make. Those […]

7 Tips to Help You Avoid Overspending for the Holidays

The holidays can cause even the most frugal people to blow their budget. Between gifts, decorations, food, entertainment, travel, and other costs, it is very difficult to avoid overspending for the holidays. However, the last thing you want to do is start next year with substantial bills that you may have trouble paying off. While […]

Who Will Handle Your Finances If You Become Incapacitated or Seriously Ill?

Planning for incapacity or serious illness can be just as difficult as planning for death. Who wants to think of themselves as being sick and unable to handle paying bills or managing their money? This doesn’t just include lying on your deathbed in the hospital. It encompasses a wide array of situations that may temporarily […]

8 Tips for Spring Cleaning Your Finances

Spring is in the air and it’s time to clean up the house but don’t forget to clean up your finances while you are at it. You probably reviewed your finances over the last few months to prepare your tax return. Now, it’s time to get organized, purge documents, review your budget, and take on […]

What to Look for in a Daily Money Manager

Are you having trouble managing your own or your loved one’s day-to-day finances? If so, you may want to speak with a daily money manager. Most people have no idea what a daily money manager does. He or she is a professional who assists people with managing the non-investment side of their daily financial life, […]

Fatherly Financial Advice

In “Rich Dad Poor Dad,” Robert T. Kiyosaki laid out the advice that he says the wealthy pass on to their children. Whether rich or poor, many fathers try to guide their children toward financial responsibility. In honor of Father’s Day this month, we offer some fatherly advice for managing money. Hard work pays off. […]

Schooling Kids on Money Matters

As children and teachers across America headed back to school with new backpacks stuffed with a raft of supplies, there is one important lesson that may be missing from the curriculum: how to manage money. Experts say these lessons should begin quite early in life. They recommend laying a sound financial foundation beginning at around […]

Personal Budgeting Post-Covid

Perhaps you have always been a careful budgeter, accounting for every dollar earned and penny spent. Or, maybe you have never focused closely on your household budget. Either way, the Coronavirus crisis and its economic impact on millions of Americans has highlighted the importance of budgeting and building an emergency fund. There are several different […]

Easy Ways to Save Money (on a Post Divorce Budget)

Saving money after divorce may sound like a daunting task. With two households to fund instead of one, and expenses being individual as opposed to shared, it can be challenging, but not impossible. Planning is key! Having a budget is essential for anyone hoping to save money. If you don’t know where your money is […]

Why Use a Daily Money Manager

There can come a point when paying bills, reviewing insurance coverages, banking and even handling personal monetary matters such as creating a practical household budget, becomes overwhelming and stressful with no end in sight. When these are the circumstances in which you or your loved ones find themselves, hiring a daily money manager might be […]

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