Sometimes the dark side is too strong to resist, urging you to splurge on that second, even more perfect pair of brown boots or upgrade to a more stylish pair of wireless headphones. But the fleeting satisfaction you get from succumbing to these seductive I-didn’t-know-I-needed-it-until-just-now purchases can fade to a sense of financial failure when you get your credit card statement.
The fall decorations—pumpkins and haystacks and scarecrows—are just making their way onto porches, but you know what that means? The December holiday season is just weeks away. Time to decorate, shop, bake, party, shop, dress up, shop. It’s easy to be swept into the very expensive winter months, but poor holiday planning can result in a very painful and expensive January.
Your credit scores take a hit if you fall behind on payments to a creditor, and again if an account is sent to the creditor’s collection department or sold to a third-party collector. You may be able to repair some damage to your scores by resolving a collections account on your credit reports.
Andrew Olsen currently lives with his roommates in financial harmony, but things haven’t always been so pleasant.
Olsen, a communications professional in Portland, Oregon, used to run into “bad seeds who would coast off of our goodwill.” Some former roommates failed to cover their share of house expenses, he says, forcing him to pay extra.
Raising kids today is expensive! Between funding the basics, childcare, saving for college, extracurricular activities, birthday party gifts and beyond, some parents might question if they need to dole out an allowance, too.
The summer season is often a popular time to consider a home purchase. Perhaps it’s your first time buying, or maybe you’re looking to transition to a new neighborhood. Regardless, purchasing a home is one of the most expensive purchases you’ll ever make, and if you’re not adequately prepared, you could lose thousands of dollars and/or end up with a home that does not suit your needs.
While many colleges will soon send bills for this fall’s tuition, most won’t expect payment until late summer. That gives college-bound students and their families time to finalize financial aid details. Here are six basic, but crucial, things to know about using student loans, scholarships and more to pay for college.