The government has so many programs aimed at giving money to the poor, or more needy. And when you’re in a tight financial situation, or when finances just aren’t adding up for you, it can seem like a good idea to accept that government money. But in reality, accepting government money actually hurts you. 4 reasons why accepting government money hurts you: 1. It makes less jobs available The money that the government gives out has to come from somewhere. All of this government spending and programs puts extra stress on taxpayers, including business owners. As these business owners are…

While this makes for easy budgeting, it’s not encouraging if you care about trimming your monthly spending. Fortunately, there are some monthly bills that do allow for some flexibility when it comes to lowering your expenses. Your cell phone bill is one of them. Here are some great tips for how to save money on your cell phone bill: Shop no-contract carriers. Carriers like Boost Mobile, Cricket, MetroPCS, AT&T Go, Jitterbug, Net10, T-Mobile Prepaid, Virgin Mobile, and Verizon Wireless Prepaid offer a variety of monthly plans at extremely low rates (how can you beat unlimited text, phone, and data for…

If you’re carrying a large debt load, it’s time to take action. The longer you wait to take on your debt, the more interest you will accumulate, ruining your credit score and making it increasingly hard to have financial freedom long-term. Don’t let looming bills and debt collection agencies keep you up late at night. Use this guide to help you get your finances sorted: Establishing a Plan The key to good financial management is to create a plan and stick to it. This will require some organisation on your part. First, make a list of all your income sources…

Where does all my money go? This is the question on the lips of almost every worker and person between the ages of 18 and 80. Are you able to play the role of the squirrel and stick away some money for a rainy day? Many people throughout their lives berate themselves on their lack of ability to save, but there is always a way to stow away that little bit of financial sunshine for a rainy day. Sounds a little too good to be true, or some kind of fairy tale that grandmothers’ tell their children while bouncing them…

So you’re about to sell your home. It’s not exactly in prime condition: there are sauce stains all over the walls, the front lawn looks like it’s home to several endangered species, and you’ve decided to add a musical practice room in a neighbourhood for young families. Your realtor is coming over to inspect the house, and you’re hoping that the location alone will justify the price that you expect. That is, however, the problem: while location will be a significant part of the home’s price, you can get even more on your home by following these simple steps. Clean…

Save Early and Save Often to Protect your Future It may be incredibly difficult for younger people to truly think about retirement; therefore, it may be helpful to consider all aspects in which you will require savings before retirement. Everyone knows they need to save, but few people truly grasp why it is so imperative to begin at a young age. Reasons to Start Young At a young age, it is easy to accept the philosophy of waiting until tomorrow. Tomorrow quickly turns into months which will eventually turn into years, and the need for savings only increases as the…