While I’ve never been in the ocean, I’ve spent time almost every summer of my life at the beach, enjoying the long sandy shoreline along Lake Michigan. Over the years, I’ve developed an arsenal of strategies to maximize the fun of these trips, while minimizing potential inconvenience. However, even I found some new tips and... Read More
In some marriages, one spouse dreams of staying home while the other works. That’s particularly true of parents with young children. Living on one income is undoubtedly a challenge, but certainly not an unattainable fantasy — even if you don’t make six figures or more. Here are 10 tips to make a one-income life work for your... Read More
Buying used items is one of the top ways to consistently save money on everything you purchase. However, not every used item is a good value. Here are 10 things we think are better when bought new. 1. Cribs Back in 2011, the government changed safety standards for baby cribs in response to infant deaths related to... Read More
Are rude tellers and outrageous fees among your bank’s claims to fame? Enough already! You shouldn’t have to put up with that, especially with so many banks waiting for your business. Why waste your time and money on an institution you hate? Switching banks may seem like a royal pain, but it’s really not. Here are five steps to... Read More
Are you squeaking by on minimum wage? If so, it might seem like there is little hope for you to get money into savings. After all, working full time on the federal minimum wage of $7.25 an hour brings in a whopping $15,080 a year before any taxes. But even if your budget is down to the bare... Read More
If you’re a family of four with preteens and consider yourself “thrifty,” you may spend around $628 on groceries each month. On the other hand, maybe you live large — or, as the U.S. Department of Agriculture says, “liberal” — and spend $1,252 a month. Those numbers come from the USDA estimates for the average cost of food at home... Read More
All told, the average American household spent $53,495 in 2014, according to the Bureau of Labor Statistics. While the bulk of that money went for housing, we still spent more than $1,786 on apparel and services, $2,728 on entertainment, and another $2,787 on food away from home. Then there is that mystery category, “all other expenditures,” where... Read More
Being your own boss definitely has its advantages — flexibility, upward mobility, the chance to take your business in the direction you choose — but at tax time, being self-employed can be a challenge. Here’s a look at what’s expected of you when you go to work for yourself. Self-Employment Tax Like everyone else, if you’re self-employed, you’ll... Read More
Is your house your castle? Or an albatross around your neck? Your answer might depend a lot on your mortgage. Getting an affordable property at a great rate can make you feel as if life couldn’t be any sweeter. But ask anyone who bought a house with a mortgage they didn’t understand and couldn’t afford,... Read More
There are all sorts of ways to save money today. You can find deals on food, buy generic items or negotiate a better price on a new car. All those are great ways to stretch your dollars. But what if you reduced your trips to the grocery store and minimized your Amazon pantry purchases? How about squeezing... Read More
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- The Credit.com Editorial Team