About Me

Learning About Household Budgets

Hello everyone, my name is Felicity Erickson. Welcome. I am excited to talk to you about handling your money in the smartest way possible. Although many households bring in far more than enough money to cover expenses, very few end up with any leftover at the end of the month. The issue here often lies in the budgeting efforts of the household, not the income. I want to teach my readers how to effective budget their income to cover all expenses with a little leftover for savings and fun. Please feel free to visit my site daily to learn all you can about this important topic.

Search

Categories

Latest Posts

Blog

What Happens When You Don't Have A "Get Out Of Jail Free" Card
If you have been arrested, it is going to take a while before your case goes to court. Until you are officially declared guilty of the charges you are considered to be innocent. This means that you may be allowed to leave jail as long as you promise to return on the court date and face the judge and jury. However, the court may have a problem believing you will willingly come back so they can impose a bail.

4 Tips For Having A Lower Mortgage Payment
One of the things you'll want to do is secure a place to call home. It's possible that doing so will require you to borrow money to purchase a home. Of course, it's a good idea to avoid paying too much each month for your mortgage payment if you want to stress less and to remain within your budget. Being aware of specific tips that can help you have less expensive mortgage payment is ideal.

Four Reasons You Need a Taxable Investment Account
When it comes to investing, tax-deferred accounts--such as 401(K)s and traditional individual retirement accounts (IRAs)--are popular with investors due to the fact that they permit contributions to grow tax-free. However, a taxable investment account is one product that nearly every investor can benefit from opening. Even though contributions are made with after-tax dollars and you also have to pay taxes on your earnings, the tax rate is considered favorable by investment specialists.

Can You Get A Home Equity Loan Based On Sweat Equity?
Understanding that sweat equity and traditional equity are two different things, you might wonder if it is possible to get a home equity loan based on sweat equity. Sweat equity is the value of improvements made to your home and property, while traditional equity is that part of your home that you own free and clear of a mortgage. They are very different beasts, which is why many people raise the question in the first place.

It's That Time Of Year Again: How To Avoid Racking Up Too Much Holiday Debt On Your Credit Cards
You could spend the entire year keeping your credit card use under control, only to be hit by holiday-shopping fever, where you spend way more than you should, threatening your budget, along with your valuable credit score. Avoid this potential catastrophe, by keeping your impulses under wraps and having a master plan to keep your credit in good standing. Make A List Of Who To Buy What For, And Stick To It

Why You Should Think About Tax Season When It's Only October
It is October, and you are thinking about Halloween, Thanksgiving, and Christmas. Well, maybe not Christmas — yet. Nobody really wants to think about Christmas just yet. You definitely are not thinking about tax season right now either. Only major corporations are thinking about tax season because they want to lower their tax debt by giving employees seasonal bonuses. However, regardless of the fact that it is only October, you absolutely should be thinking about tax season.

4 Reasons You Should Get Help When Handling Your Yearly Taxes
Many people get confused when going through the tax filing process. There are various forms and types of filing statuses so it's no wonder why so many people get stressed out. You can make life a lot easier by hiring a trusted professional to assist with your needs. A tax preparer will be able to help you with all areas of your taxes, whether you're an individual with regular w-2 paychecks or you're a self-employed business owner.

3 Tips To Ensure Your Summer Estate Sale Goes Well
If you have been tasked with planning and running an estate sale for a deceased love one this summer, here are three tips to keep in mind that will help ensure that your sale goes off smoothly. #1 Mark Off Where To Park To start with, be sure to put up signs on where customers can park and where they can't park. For example, if your loved one lived in the country down a long road, be sure to set up cones that show people where to park so you don't have someone running over the flowers in an attempt to find a parking space.

Setting Up A Trust For Your Child? Avoid These Common Mistakes In The Process
When you bring a child into this world, you fully expect that you'll be around for the duration of their childhood and well into their adult years. However, life can take unexpected turns, and when or if this does happen, it is crucial that you know your child will be taken care of once you're gone. It's for this reason many parents set up a trust fund for their children. A trust fund is a savings fund that's set aside specifically for the child.

Is A 401(K) TPA Right For Your Company?
Overseeing your company's employee benefits package is a time-consuming job that can be overwhelming for some. Many companies turn to a 401(k) third party administrator, or TPA, to help oversee certain aspects of the package. If you are considering using a TPA, here is what you need to know.   Why Should Your Company Use a TPA?  There are several benefits of using a TPA, but one of the most beneficial is that the TPA will have extensive experience with money management.