Whether you’re heading on a once-in-a-lifetime island adventure, budget backpacking in a foreign country, or just heading on a road trip with your squad, doing some financial prep ahead of time can save you major cash on your trip. While you know how to compare fares, travel during less busy days (FYI, according to Expedia , book a trip out on a Thursday and back on a Monday to save 20% over a Friday to Sunday situation) and cost compare hotels, these tricks while traveling will help keep you from coming home broke as a joke.
For a lot of us, when things get complicated and we have big decisions to make, we secretly want someone to just tell us what to do. I never liked when my parents did this when I was a kid, but now? Please do! Someone?.anyone? Help!
One question I often get asked is, “how much should I keep in my checking account?” Magic numbers are hard to come by when it comes to personal finance and this question is no different. If you read an article or have a professional who gives you a one-size-fits-all solution, it’s probably a good idea to get a second opinion. Personal finance is meant to be personal, after all . So if there’s no magic number, how do you figure out what’s right for you?
If you’re living paycheck to paycheck, the thought of saving might seem laughable. How are you supposed to start a retirement fund when the mere act of checking your bank statement gives you heart palpitations? Believe it or not, you can do it.