responsible decisions

In general, people want to make financially responsible decisions when they go shopping. Often times, I look at two apparently identical items that priced differently.  On some occasions, the difference between two products is as obvious as the price.  The question is: should you buy the cheaper item or the more expensive one?  Do you [...]

I have two daughters and one son. They are all quite young (the oldest is four). At this moment when I look ahead to the future I am have the exact same financial plan for each of them. Currently, we financially treat them all the same. We save the same amount for college, buy the [...]

Impulse buying can be the end to all financial plans. Accounts are most likely overdrawn by the end of the month or purchase decisions are regretted. This is the reason for a sinking fund for all planned or major purchases. Sinking funds are simply savings put in one particular place for a specific thing. For [...]

This week Moolanomy was named as one of the Ten Blogs That Will Help You Become A Millionaire by The Online Investing AI Blog — thank you for the honor!
Ask M-Network
Here are two articles from our Ask the M-Network series:

Should I Pay Off Student Debt or Save Money? at Cash Money Life
What should I have [...]

My son is almost a year old, so I am interested in the topic of teaching children about money management. I think teaching them about money can build a solid foundation that will result in a lifetime of financial well being.  I have been reading various articles on this subject and here is my spin [...]

On July 18th, I responded to Mrs. Micah Single Step Personal Finance Challenge and said that I will try to finish up my estate planning in 2 weeks. Alas, I am a procrastinator and didn’t get anywhere near completing it. So I committed to complete the first of four steps in the Suze Orman’s Will [...]

Hello everyone and welcome to 155th edition of the Carnival of Personal Finance. Initially, I had a plan to make this a more unique and interesting carnival, but my sister and her family came up from Virginia for a surprised visit. As a result, I opted to spend more time with my family and less [...]

Whenever the question of paying for college comes up, it seems to spark a heated debate. Some parents want to pay for it all, others are firm believers that their children should have to put themselves through college, and there is a third group that thinks half and half is a good solution. When we [...]

Recently, I wrote about lending money on Prosper, which is one of the many peer-to-peer lending networks that are popping up everywhere. The post itself didn’t say anything about socially responsible investing (also known as, SRI, morally responsible investing or ethical investing). However, a lively discussion on this topic came up when Kevin stated his [...]

This article is part of the Money Matters for All Ages group writing project being conducted by the M-Network and other blogging friends. See the bottom of this article for the full list of participants and links to their articles. Please check back daily, as I will update the links as new articles are posted! [...]