Money Tips Network

Serenity and Personal Finance

God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference.

– Reinhold Neibuhr

Serenity is simply the state of being calm, peaceful, and untroubled. I find that I feel something close to what one would call serenity after a good day hiking in a state or national park with friends or family, when I don’t have anything important or urgent bearing down on me.

Of course, there are a lot of things that interrupt that kind of serenity. General anxiety can rip it to shreds. Addictions. Marital worries. Parental worries. Social worries. Professional worries. And, yes, financial worries.

One Year Later: How We Make It as a One-Car Family in the Suburbs

A little over a year ago, my husband and I faced a decision: what to do with my old, beat-up minivan. Even though the van had been paid off for a while, it was starting to cost us more than we wanted to pay in terms of updates and repairs. I had spent around $700 on new tires and several hundred more on new brake pads in just the prior year. Since the van was worth $4,000 tops, we were growing tired of pouring money into it.

6 Reasons Why Financial Planning Isn't Just for the Wealthy

There's an unfortunate divide when it comes to financial planning. The lower your income, the less likely you are to have a financial plan.

15 Soft Skills Every Employer Values

Employers these days are looking for much more than a resume filled with awards, achievements, and ladder-climbing success. While those hard facts and figures can put you in the running, what will make you stand out from other candidates are your soft skills.

Here's What Happens If You Don't Leave a Will

According to a recent Caring.com survey, 58 percent of Americans currently do not have a will.

11 Ways Anyone Can Make Money Online

The internet has opened up a million and one possibilities for earning money online. But not everyone knows exactly where to look, or how to get started. The good news is, many moneymaking opportunities don't require years of training or experience.

The 5 Best Blackout Curtains

Blackout curtains can completely transform any room. They can help you sleep better by reducing outside light and noise. They can enhance privacy and even provide insulation to keep the room at the optimal temperature.

3 Reasons Taking a Loan For Your Wedding Is a Bad Idea

Imagine standing at the altar on your wedding day. Staring deep into your beloved's eyes, suddenly, you are struck by the thought that this one "priceless" moment is costing you over $30,000. And that doesn't include the five-day, four-night honeymoon in Cancun.

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Putting the 10/10/10 Rule to Work in Your Life

Recently, I came across an article by Chip and Dan Heath in Fast Company magazine, entitled The 10/10/10 Rule For Tough Decisions. In it, the Heaths discuss a framework for analyzing choices that they originally picked up from Suzy Welch, a framework that they call the 10/10/10 rule.

Here’s how it works. Take a decision in your life – any decision. Maybe it’s whether to buy that celebrity gossip magazine in the checkout aisle. Maybe it’s whether or not to stop and get an order of chicken nuggets after work when you’re feeling hungry on the way home. Maybe it’s something else entirely.

Before you make that decision, ask yourself three questions.

How will I feel about this 10 minutes from now?
How will I feel about this 10 months from now?
How will I feel about this 10 years from now?

Six Things to Look for in a Life Insurance Policy

If you’re an adult with a house, a spouse, kids, or any financial liabilities, and you don’t have a life insurance policy already, getting one should be near the top of your to-do-list. With life insurance in place, you won’t have to lose sleep worrying about the financial burden your loved ones would inherit if you were to die unexpectedly.

But, how much life insurance should you buy? And what type of life insurance would work best for your needs? Those are tough questions, and according to the experts, it depends.

Are You Paying Off Credit Card Debt the Wrong Way?

When you have more than one credit card to pay off, there are many ways to go about tackling your debt. You could pay off cards with highest interest rates first, or you could pay off cards with the smallest balances first.

7 Smart Ways to Invest in Your Health

If you invest in your health and live a healthy lifestyle, you could not only prevent diseases, but also save a ton of money along the way. However, investing in your health can feel daunting.

How to Tell If Your Vacation Package a Good Deal

Bundled travel deals promise savings to consumers willing to book their flight and all their accommodations at once. Websites like Expedia, Travelocity, and Cheap Caribbean allow you to shop for a hotel and flight, then book it all in one go.

4 Money Fights Married Couples Have (And How to Avoid Them)

When a couple first gets married, while the newlywed glow is still bright enough for strangers to see, it can seem as if nothing can ever get in the way of true love.

But if you fast forward a few years, many couples will find that money has a seriously unpleasant effect on that love.

Ask the Readers: How Do You Express Your Love Besides "I Love You?"

Saying "I love you" is not the only way to show that you care deeply for someone.

3-Ingredient Instant Pot Recipes That Fit Any Budget

The Instant Pot — the programmable electric pressure cooker — was one of the most popular gifts over the holidays, and continues to be a hot commodity.

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