paycheck to paycheck

I believe that cash flow is one of the most powerful concepts in personal finance. People tends to know how they feel about their personal finance — e.g., whether they are comfortable or are struggling. Unfortunately, not too many people truly understand cash flow and how important it is to your finances. When you understand [...]

Whether you invest in the stock market or not, bank accounts are a vital investment and savings vehicle. No matter how much or little money you have, everyone needs to set aside money that is guaranteed to be there when you need it. …

Your financial life has a certain trajectory — similar to a train on a track. There will be twists and turns, but you can easily determine where you will end up if you stay on the financial track you’re currently on.  What if the traditional methods of working hard, cutting expenses, and saving don’t work [...]

In your 20’s and don’t think that you need to worry about your security later on down the line? There’s no need to worry about making yourself secure for once you reach your 30’s and 40’s, right? That’s probably the mentality of most people who are twenty-something. Most are in college or are just having [...]

The year’s end is quickly approaching, and with it rests the spending deadline of flexible spending accounts (FSAs). What is an FSA? A flexible spending account is an account that employees can use to cover out-of-pocket medical expenses completely tax-free. FSAs are built as employees make equal, recurring contributions from their paychecks to the account.
Why [...]

At least once  a year, if not more, you visit the dentist and doctor to make sure everything’s working properly – why not give your finances the same opportunity? As we approach the busy holiday season, it’s easy to let attention slip from personal finance. If you find yourself barreling toward the end of 2009 [...]

It’s open enrollment time for many health insurance plans. And that means you are finding out that premiums, deductibles and co-pays are probably on the rise. In some cases, benefits are shrinking as well. Many new health insurance plans won’t kick in until the new year, though, so that leaves a little more than a [...]

It’s Open Enrollment time at most employers, the time when you get to choose your benefits coverage for next year. You will review your chosen options, and make changes to them as needed. It’s important to be familiar with last year’s benefits. You may get a summary, but can use your paystub to see what [...]

I’m a firm believer that your 20s is the most important decade of your life financially.  This was a driving reason on why I chose to start my blog 20smoney.com.  This is a crucial decade; unfortunately, it is often the most abused decade as well.  Rather than saving, investing, and building a career, many 20-somethings [...]

Saving more money is a goal most of us share, but many Americans find that they have very little saved at the end of the month. The recent recession saw Americans saving more than we have in years, up to nearly 7% at one point. In recent months though, that number has been falling back [...]