With a new year comes a series of new challenges, and first among them are those annual resolutions. What goals are you going to focus on for 2021? Maybe you want to go on a diet, quit smoking, or start…
Read More How to Strengthen Your Finances in a Brand New Year
February is Black History Month, a time to acknowledge and reflect on the achievements Black people have made to American society. We’d like to recognize Black History Month by highlighting several Black influencers who enrich the personal finance arena with…
Read More 8 Black Financial Influencers to Follow in Honor of Black History Month
Dear Penny, I’m a 37-year-old female who wants kids. Just after the holidays, I ended a six-year relationship with a man I loved dearly because he decided he didn’t want children. I’m one of four kids and the only one…
Read More Dear Penny: Do I Freeze My Eggs for $8K if I Haven’t Met Mr. Right?
Saving for financial goals such as retirement and buying a house is hard enough. The so-called “sandwich generation” has the added struggle of trying to manage priorities: caring for aging parents while saving for their own goals. The sandwich generation…
Read More How to Manage Your Finances if You’re in the Sandwich Generation
The cash envelope budgeting method can be a very effective way to control your spending. The premise is simple. You come up with spending limits for your variable expenses, like groceries, eating out or entertainment. Next, you fill up envelopes…
Read More Mvelopes Review: Digitize the Cash Envelope Method With This App
Not everyone’s career path is a 40+ year marathon working full time until you can finally come up for air in your golden years. Sometimes you need a little break along the way. Taking time away from the workforce —…
Setting up a budget is challenging. Doing it forces you to face your spending habits and then work to change them. But when you decide to make a budget, it means you’re serious about your money. Maybe you even have…
Read More Budgeting for Beginners: These 5 Steps Will Help You Get Started
Saving money is all well and good in theory. It’s pretty hard to argue against having more money in the bank. But what are you saving for? If you don’t have solid financial goals, all those hoarded pennies might end…
Read More How to Set Financial Goals: A Simple, Step-By-Step Guide
A second round of stimulus checks is on the way to millions of Americans. This time around, the maximum you’ll receive is $600 per adult (or $1,200 for married couples) — half the amount of the stimulus money distributed in…
The year is almost over — and what a year it’s been. You might be ready to kick 2020 to the curb, but we still have a few weeks left before we finally get to say “See ya, wouldn’t want…
Read More 6 End-of-Year Money Moves You Should Make Right Now
