As a mom of five children from 14 – 32, I have had to teach about finance several times. Each time is a bit different – as times change, so does financial lessons. Years ago lessons were heavily focused on checkbooks and balancing them. Nowadays there really is almost never a need to write a.. [Read More]
What is sales tax? Simply – a tax that is assessed based on a purchase. For example in Connecticut the sales tax is currently 6.35%. So if I purchase something for $10 then it will really cost me $10.64. Not such a huge deal but if you apply that same sales tax to a car.. [Read More]
How Credit Card Debt Happens – Derby Advisors Getting into debt is so easy. We don’t really plan to do it, it just happens. Perhaps the kids need new shoes, then clothes, then braces, and you know the house is gonna need a new furnace. There is always something that requires money – and never.. [Read More]
There have been a couple times in my life where I was drowning in credit card debt. The first time was a result of major medical issues and bills and adopting three special needs children with many needs. We were far younger than we are today and I don’t think the spending would have changed.. [Read More]
We do many things in our lives, and almost everything requires a certain amount of money. Many times, we plan out our lives to fit within our budget, but other times, we don’t have the appropriate amount of funds to do so. In these instances, we seek external financial support to fund our next venture… [Read More]
Once you hit a certain level of financial security, a lot of problems disappear. The days of scraping by are in the rear-view mirror and you will have more time to consider things that you never have before. Unfortunately, just as everything becomes a bit easier, you will also find new problems that you never.. [Read More]
In Canada, like in other countries, education after high school can be expensive and many students come out with a large amount of unwanted debt when they graduate. While scholarships, grants, and student loans are often the most common ways to off-set the financial burden of paying for post-secondary education, there are some alternative means.. [Read More]
Debt is that other four letter word – the one that most of us have to deal with or have had to deal with at some point. There are millions of ways to get into debt and to lose control of it. It is kind of like gaining weight – first it is one or.. [Read More]
Have you ever wondered how some people just seem to have money? I am not saying they make a lot of money – just that they seem to always have money regardless of how much they make or don’t make. This is amazing for me to see and I have spent a great deal.. [Read More]
Technology has improved our lives in ways which would have been unimaginable just a few generations ago. In so many critical areas – education, medicine, communication, and so forth – we’ve seen major improvements which have quite literally altered how we live our lives on a daily basis. Given all of this advancement, we.. [Read More]