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Suffering Inflation: What Should We Do?

I don’t like higher gas prices. Like most people, I blame it on oil companies or the time of year, particularly when holidays are around the corner. Nobody, it seems, likes suffering inflation. Higher prices for consumer goods are spooky and alienating. So what’s really going on when we’re suffering from inflation? Poor Monetary Policy…

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Home Hunting: That Elusive First Home

My first home-hunting trip resulted in purchasing a fixer-upper: A structurally sound house, albeit small, with historic features like clapboard siding and corner boards and one-over-two-pane stained glass windows. My list wasn’t long, and the house sounded right up my alley. If you’re young, a fixer-upper offers possibilities. But there are so many factors to…

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Budgeting in Envelopes

While budgeting in envelopes has been around forever, in the past everyone had their health and a financial future. That’s why this blog is different. It’s addressing a leaner, meaner, disenfranchised audience with a budgeting tactic that works. Here are the steps to using this effective budgeting tool: Look over your budget, then take a…

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Wallet by Budgetbakers: A Product Review

Wallet by Budgetbakers: A check register Check out Wallet by Budgetbakers. It’s not only a practical way to keep track of your personal finances. It’s also a wow app with its ease of use and exciting package of boards illustrating your finances. It offers so many features in a simple but fun experience that it’s…

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Rainy Day Fund: Steps to Starting One

A Rainy Day Fund and How to Use It Everybody should have funds available when the unexpected comes up, maybe because stuff happens, and it’s always nice to say you’re prepared. That’s where a rainy day fund comes in handy. It’s a way to pay routine expenses when income is disrupted, such as losing a…

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Debt Payoff Planner: Product Review

The Debt Payoff Planner App Consider this helpful tool you can use to solve debt problems: the Debt Payoff Planner. Most people have debt, and an app like the Debt Payoff Planner offers an interesting array of tools to tackle problems, whether trivial or difficult. The Debt Payoff Planner figures out how long it will…

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Prepaid Debit Card: Your First Credit Card? 

Should your first credit card be a prepaid debit card? This blog will look at the pros and cons of credit cards with a focus on prepaid debit cards. You won’t find this discussion anywhere else! Like any plastic money card, a prepaid dedit card is a convenient form of exchange without being actual cash.  The…