Dear Christine, I am mortified. My husband, son and I have to move in with my parents. My husband was out of work for a few months and it set us back with all of the bills pilling up. He is working again but for nearly half of what he made before. My parents are being really nice about the whole thing and I think they want us back. But it is really embarrassing. Plus my son has to switch schools. My husband is not taking it well at all. Can you offer any advice about this? “Homeward bound” … [Read more...]
My husband refers to our money as "his" money!
Dear Christine, My husband and I saved up for years so I could stay home when we have kids. Now that we have had our first baby, and it is down to one income, my husband is suddenly referring to our money as “his” money. He will say phrases like, “I make the money. I should be able to decide if we need that or not.” Or, “I don’t want you to spend any more of my money on baby clothes.” He is successful, but I was also very successful at what I did and I made a lot of money so it is hard to … [Read more...]
Do I need life insurance?
An article by BudgetQueen My dad purchased a whole life insurance policy for me when I was very young. As I grew up the cash money that accumulated added to cover all of the expenses for my Bachelors Degree at the state university. My dad is also doing the same for my children. Am I grateful? Absolutely. Is it still a good idea to use whole life insurance to save up for college? Well let’s talk about some of the savings benefits of life insurance, and the other things that life insurance can do … [Read more...]
The Overdraft Fee Nightmare
The Consumer Financial Protection Bureau, new to the scene of consumer reporting, is challenging the banking institution’s practice of charging overdraft protection penalty fees on checking accounts. They are testing sample text that will disclose these fees on checking account statements. Overdraft fees have the capacity of inflicting serious financial damage on those people who can least afford it. The bureau wants to learn how consumers are affected, and how they are able to anticipate and … [Read more...]
Start your financial resolutions on June 1st!
Do you want to know why New Year’s resolutions don’t work? Because the New Year starts in January -- when it is cold and you are broke. January is a time when you need to keep your spirits high and you are trying to pay off bills -- going on a diet or budget is just setting yourself up to fail.I like to start my resolutions on June 1st. All of the holidays are over. You are done blowing your diet or paycheck on a super bowl party, an enormous heart-shaped box of candy, green beer, or creamy … [Read more...]
