.Rude Money Habits You Need To Break Now

Gabrielle Olya Tue, June 8, 2021,

Money can be a touchy subject, so how you approach it with others may take some extra thought and consideration. And although everyone has different levels of comfort when it comes to how they approach finances with friends, family and people they are doing business with, some behaviors are outright rude no matter who you are dealing with.

Here are 10 rude money habits you need to break now.

Money can be a touchy subject, so how you approach it with others may take some extra thought and consideration. And although everyone has different levels of comfort when it comes to how they approach finances with friends, family and people they are doing business with, some behaviors are outright rude no matter who you are dealing with.

.Financial Checklist for the Newly Married

Relationships & Money

Congratulations! You just got married! Maybe you even tied the knot without spending a fortune (now that is truly a feat). Regardless, you managed to get married in the middle of a global pandemic, so you deserve major kudos.

Now what?

As a newly-christened household, there are financial steps you and your partner need to take to make sure you’re legally and financially starting off on the right foot.

.The Financially Savvy Female: 3 Money Moves Every Woman Must Make, According to Rachel Cruze

Gabrielle Olya Sun, June 6, 2021, 6:00

OBankingRates wants to empower women to take control of their finances. According to the latest stats, women hold $72 billion in private wealth — but fewer women than men consider themselves to be in “good” or “excellent” financial shape. Women are less likely to be investing and are more likely to have debt, and women are still being paid less than men overall. Our “Financially Savvy Female” column will explore the reasons behind these inequities and provide solutions to change them. We believe financial equality begins with financial literacy, so we’re providing tools and tips for women, by women to take control of their money and help them live a richer life.

What is the biggest obstacle you face when it comes to financial success?

.How To Keep Your Financial Planning On Track in 2021

Resolutions lost their shine? Here’s how to get back the spark.

By Nicole Spector June 2, 2021

No matter how enthusiastic our New Year’s resolutions may have been to save more, spend less and/or take total ownership of our finances in 2021, they might now be losing their luster. The days since we made those ambitious resolutions are quickly passing and the shine is wearing off. Can’t we just cut ourselves some slack and do what makes us feel good and safe in the immediate sense, even if that means forsaking our lofty financial goals?

Try, if you can muster the energy, to return to that place of desire for a better financial life. If you feel that you’ve already blown it by, say, spending beyond your weekly budget or skipping a credit card payment, remember that a mistake doesn’t mean you can’t try again and have success. But don’t take it from me: Take it from the experts who’ve provided a road map to keep (or get) your financial planning on track in 2021.

.30 Essential Money Habits

By Elyssa Kirkham March 19, 2021

These money habits will help you grow your bank account.

What are you doing every day that can help you grow your bank account? If you can't answer that question, it's time to develop some new money habits. Just like with your physical health, your financial health depends on the daily decisions you make every day. While healthy habits such as eating better and exercising keep you fit, certain money habits can keep you financially comfortable and help you establish wealth.

1. Spend Less Than You Earn

This habit is Personal Finance 101. It's always going to be true that you'll never get ahead financially if you always have more money going out than coming in. The great news is there are two ways you can work on this habit: Focus both on growing your income and controlling your spending to live within your means.

.27 Things You Should Never Do With Your Money

By Roger Wohlner June 1, 2021

Avoid these big money mistakes and keep more of your cash.

There is possibly an endless list of things you shouldn't do with your money. But from bad habits to decisions based on wishful thinking, some of the bigger missteps can really cost you. To find out the biggest money mistakes you should avoid, GOBankingRates asked financial experts for their best advice.

Never Cash Your Paycheck Right Away

If you cash your paycheck right away, you might burn through it too quickly.

"You will most certainly spend it all if you cash your paycheck rather than have your employer directly deposit it into your bank account," said Barbara Friedberg, a personal finance consultant. "Even better is to automatically transfer a percent of your paycheck into a retirement investment account and direct-deposit the remainder into a bank account."

.Getting Schooled on Becoming More Financially Literate

Dennis Friedman November 5, 2019 Humble Dollar

MANY BELIEVE we’ve raised a bunch of financial illiterates. If people were better educated about personal finance, the argument goes, they’d make smarter money decisions. North Carolina this year became the 20th state to require high schoolers to take a financial literacy class. Its Lieutenant Governor, Dan Forest, said the new law would “ensure future students, prior to graduating high school, will be more financially literate and economically sound in their decision making as adults.”

But many aren’t sold on the idea that a personal finance class in high school is going to make much of a difference. According to the Huffington Post, “The way we make financial decisions has more to do with our money personality, our math skills, logical thinking, the ability to investigate, the confidence to ask questions and spot BS answers, and recognizing the unconscious influences in ourselves that have long been studied by behavioral scientists.”

.Watch Your Wallet

Joe Kesler | March 13, 2021 Humble Wallet

AS A BANKER, I got a ringside seat from which to watch the many ways that people are separated from their hard-earned money. Some are illegal. Some are legal, but unethical. And many, while legal and ethical, would be unnecessary with a little more knowledge about managing money. For me, the most disturbing experiences were when scammers extracted money from the naïve and innocent. I’ve seen the pain of customers who found out that their elderly mother had given her life savings to a manipulative TV preacher. Unfortunately, there isn’t a lot that can be done in such situations.

Even sadder are the lonely people who develop an online romance with someone overseas. To come to the U.S., somebody convinced one of my customers to wire funds, so he could get a passport and airline ticket. But that wasn’t enough. Just send a little more, he told her numerous times. Finally, the lightbulb came on that this might be a scam.

.How Much House Can I Afford?

Jason Lee May 21, 2021 The Simple Dollar

To understand how much house you can afford, you need to take into account two important factors — what lenders will approve you for and what fits within your budget. The good news is that these budgetary guidelines typically line up. Even so, you will need to make sure you don’t take on more house than you can afford just because the lender is willing to approve a loan for that amount.

How much home can I afford?

Lenders look at a long list of criteria to determine the amount of house they’re willing to approve you for. The list includes things like your current monthly debt payments, your total debt, your income, your credit score, your current assets, how much of a down payment you can make and the current status of the economy.