Are you overwhelmed by the state of your bank account? Do you feel like you should be saving money, but just can’t figure out how to get started? Every time you get a couple of dollars saved, do you seem to spend them just as fast? According to Bankrate, the average American has $8,863 in…
![How to Save Money on Groceries in 2020 [Save $100’s]](https://www.thelogicofmoney.com/wp-content/uploads/2020/03/neonbrand-9m2RZvHS_cU-unsplash-768x512.jpg)
According to Yahoo, the average American household spends approximately $80 per week on groceries – which adds up to more than $4,400 per year. And given that that is an average, there will be a lot of families who spend significantly more than that. Groceries are one of the biggest expenses after rent and utilities….
You don’t have to be a car enthusiast to be excited about getting a new car. It’s time to get the latest features, or one with better gas mileage, or just one that has more space for your growing family. There’s a lot of decisions involving it too. Do you get a used or new…
If you ask people if saving money is important, most of them will tell you yes. But if you ask those same people how much money they have saved, many of them would tell you “not much.” Saving money is challenging because we tend to enjoy instant gratification much more than putting money back for…
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products at no cost to you. Whether you’re keeping a close eye on your credit score because you want to make a large purchase soon, such as house or a car,…
Credit cards have an impact on your credit score and your ability to receive a loan for big purchases like a home. There are several factors such as whether you revolve a balance, how much credit you use versus the limit, and making your payments on time that affect your credit. So you might have…
You’ve probably been in one or both of these scenarios: You want to open a checking/savings account or use another type of financial product You want to switch over your accounts to another financial institution. You have choices when it comes to where you get your banking services. It’s almost certain in your city that…
Paying your credit card can be done in a number of different ways. You can pay the full balance, make the minimum payment, etc. It’s probably one of the few bills you receive which isn’t due in full. Still there are reasons why you should follow certain behaviors over others. How much you pay and…
In today’s world, you need credit to do more than just the usual financial things such as getting a loan for a house or car and applying for a credit card. If you want to rent an apartment, get hired for a certain job, or even get the latest iPhone, you need to have good…
The envelope budget method is effective for those who are just beginning to control their own money or those who prefer to physically see their money being spent rather than track everything electronically. This can be a great way for teenagers or young adults to learn their spending habits. It is much more painful to…
