Making Change
Simply put, sometimes changing your relationship with money changes your life. It's not that money is everything. Rather, money makes it possible for you to do the things you want to do -- get an education, buy a car, care for your family, and retire in comfort. A good relationship with money empowers you, but no one says establishing that relationship is easy or automatic. Once realizied, it's a change that marks the beginning of a new day.
Doing the Math
Los Angeles - Jaimi Reed*, 18, never had enough money to cover her expenses. At first glance, her financial life looked like a cakewalk. As a junior college student living with her divorced dad, she wasn't responsible for paying rent or living costs. She and her father, a police office, agreed that she would limit her hours working at the local sandwich shop, so she could focus on schoolwork.
Jaime was expected to cover her own entertainment expenses, clothing, gas, insurance, and monthly payments for her car. She averaged just under $600...
Problem Solved
The Inside Dirt on Common Financial Glitches...and How to Solve Them
If only we were perfect. Our hair wouldn't droop, our cars wouldn't sputter, and our financial lives would run smoothly. In reality, most of us operate according to a slightly drittier standard. Successful financial management - like success in life - may depend less on charting the perfect course than it does on navigating the occational bump in the road successfully. Here's how real people are dealing with some all-too-real challenges of modern finance.
Seduced by Sales
We all like a bargain, but buying something on sale can actually cost you more.
By Jean Chatzky
What is it about a sale? What makes that pair of shoes or skirt or barbecue grill that you wouldn't have given a second look at full price suddenly irresistible when it's 15 or 25 or 50 percent off?
A Millionaire's Lifestyle for the Rest of Us
By John Rosevear, The Motley Fool
Not long ago, I was having a discussion with some friends about lottery tickets. The jackpot in one of the big multistate lotteries was up into nine figures, and the group -- none of whom are regular lottery players -- was debating how much was enough to motivate non-players to buy a ticket.