Cost Comparison: Home Care vs Assisted Living
When comparing the costs of home care versus assisted living, you have to be realistic. Preparing to care for an elderly loved one can be stressful and expensive. There are many details to consider depending on the wants and needs of you and your relative.
Home Care
Home care may be less expensive than alternatives, but it may be more complex. The 2018 Genworth Cost of Care survey states the national...
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How to Track Your Net Worth
When it comes to gauging your wealth, the best indicator is your net worth. Imagine if your budget is your arrow, then your net worth is your moving target. Your budget is particular to your day to day life. You can track your net worth to see where you stand over time for all of your accounts.
What is Net Worth?
Whenever you hear about celebrities’ wealth in the news, the reports usually are...
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Budget Management: How to Stick to Your Budget
Now that you’ve determined which budget might work, you have to learn how to stick to it. Using the budget and being steady is the only way it will work. Unfortunately, consistency is the hardest part of budgeting. The number of families with a budget has declined since last year. Here are a few ways to maintain the habit and make budgeting easier.
Be Realistic
When budgeting, make sure you...
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Fact Check Finance: Skipping Your Morning Coffee Will Make You a Millionaire
Will skipping your morning coffee make you a millionaire? Personal finance pundits love to tell people to give up what they love to become millionaires. One of the more popular soapbox sermons says that you are throwing money away on a daily cup of joe. If you saved it instead, it would make all the difference in your future.
How to be a Millionaire
Before I give my thoughts, let’s dissect the...
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Using a Prepaid Card: 5 Reasons You Should
Using a prepaid card has changed the way I handle money. They are safe alternatives to your bank-provided debit card, and you can use them virtually anywhere. In the past, most of the people using prepaid cards were those who didn’t have traditional bank accounts, due to lack of access or funds for fees, or because they couldn’t qualify for a credit card due to low credit scores. This...
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