One way or another, you probably learned some important lessons about money as you grew up. Some things you learned from your parents (and possibly grandparents). They probably tried to teach you the things they believed were important. You may have learned other things about money (good or bad) by observing your family and others. If you were lucky you may have taken a class in high school that included a few lessons on money management. Regardless, your financial literacy is likely to have some gaps. Perhaps, you know you still have a lot to learn before you can manage your money with confidence.
A recent survey by the National Foundation for Credit Counseling (NFCC) found that 65 percent of people say their mother is intimidated by money, views managing money as a necessary evil, or has never managed money. About 730 people responded to the poll on the NFCC’s website, http://www.debtadvice.org/. Just 35 percent of those surveyed agreed their mother is “pretty savvy managing money, and enjoys it,” according to the poll. A survey regarding dad’s financial savvy might well have received similar responses from many of us. Continue reading →
Following regular maintenance schedules and paying attention to signs of problems will prevent many auto-repair problems. A good way to keeping your vehicle in good condition is to follow the maintenance schedule in your vehicle’s owner manual is You might also want to use a Basic Car Maintenance Checklist. If you don’t follow the manufacturer’s maintenance recommendations or notice signs that your vehicle is developing, you can end up with an expensive repair bill. Continue reading →
After rent, transportation costs are likely your next largest living cost. Your first task in keeping these costs in check is to make a careful decision when you select a new or used car or truck. Other tasks include minimizing the ongoing costs of owning a vehicle. Continue reading →