Dollars and Sense Blog

Estate planning is one of the most important things that you can do for you and your family. Estate planning can be a complex process, but it is recommended to do it as soon as possible in order to avoid any unforeseen circumstances. Many people think that estate planning is just for wealthy individuals, but it is for everyone who owns money or property, no matter how small it may be.

How are those new year’s resolutions coming?

As anyone who’s ever made goals for the year knows, setting them is easy. Following through, however, is another story. This can be especially true when it comes to financial goals. We all want to build a nice savings cushion or pay off debt, but sticking to your plan can be very challenging as the weeks and months roll on, and new expenses present themselves.

At some point in their lives, most parents find themselves wondering how much money they should give to their child. Some think that giving their children an allowance spoils them, while others think that periodically giving kids money helps them to learn how to manage money. Many people believe their children should receive money in return for chores and household work instead of simply receiving an allowance regardless of effort.

Without a doubt, becoming a parent is an exciting event in one’s life. It’s a phase where you are happy and nervous at the same time about how the future will unfold. You might have been preparing for this event for a long time, but when you actually experience it things sometimes seem uncontrollable and terrifying.

Everyone plans to save money before they get their paychecks, but as soon as that money hits their bank account saving money seems so much harder. It seems that frequent spending has become the norm in society nowadays.Day by day, the wants of consumers are escalating and have almost replaced the concept of needs. It’s easy to feel like whatever you want, becomes a need; impacting your monthly budgeting in negative ways. A single visit to the store means that you have an opportunity to end up buying things you don’t need.

Though phone scams sound old and outdated, they still are common today. Primarily, people who are over fifty years of age are victimized through telephone fraud. Every year people lose money to telephone scams. Scammers act very friendly, and will sweet talk the money out of people any way they can. They will sometimes claim to be a part of a company that you trust, place ads or send emails to lure you into their trap.

We’re excited to announce that our new website will be launching soon!

Starting up your own business is a powerful step towards taking control over your life and making extra money month after month. The fun starts here!

To experience the world as a traveler, and not as a tourist, you need the freedom to explore beyond the landmarks. But how can you travel around without actually breaking the bank? Below are some financial tips that may help you save money and enjoy a vacation more than once a year.

It can be daunting for any parent to give new responsibilities to their children, whether it is giving them their own car, full access to the internet or cable, or trusting them while they are out with friends. Similarly, giving your teen the responsibility of a credit card is a task that requires careful consideration.