Are we in store for another painful period like we saw in the 70s (when mortgage rates were in the double digits)? The short answer: highly unlikely. Because other economic factors characterizing the late 70s aren’t present and even the type of inflation is fundamentally different.

The importance of budgeting is undeniable, but many don’t do it because it is time consuming and difficult. Learn how to build a basic budget in 15 minutes which meets both your financial needs and goals.

The debate about whether a budget is a necessity or a waste of time often centers on a fundamentally flawed definition of budgeting. The exercise of budgeting shouldn’t be designed to limit you, but to give you the freedom to spend money in the manner you wish to spend it.

There is a lot of talk in the financial media about the benefits of automating your finances. But what exactly does that mean? And how do you go about doing it? Here’s one simple method of automating your finances which ties your budget in with your pay.

The importance of budgeting is undeniable, but many don’t do it because it is time consuming and difficult. Learn how to build a basic budget in 15 minutes which meets both your financial needs and goals.

In order to make your goals into a reality, make sure you know exactly how much it will cost to achieve the goal. Knowing the price will help you develop a realistic plan to achieve it, as well as give you an easy way to measure how close you are to your goal.

If you are managing your money based on the policies and fee structure of your bank, you are in a codependent relationship. Your bank's policies and fees should conform to how you want to manage your money. The following questions will help to determine if you are in a codependent relationship with your bank and will help you find one that breaks the cycle.

Your savings is more than just an account into which you put a few dollars. It encompasses everything from your emergency fund to your retirement. These gauges will provide you with a quick snapshot of your financial situation.

You hear a lot about automating your bills and putting your finances on auto pilot. But not doing it correctly can cause significant problems in your finances and your life. Here's how to automate with care and protect yourself.