It is possible to travel on a budget and still have an absolutely wonderful time! Here are some suggestions to follow so you can maximize your vacation!
You can start saving up for retirement at 18 or 40 — a retirement account benefits you at any age, although most financial advisers agree sooner is better. Many people don't consider retirement savings because of debt or other financial concerns, but growing your account is easier than you think.
If you are a member of the military, then you know first-hand how great our Basic Allowance for Housing (BAH) stipend can be. For those who are not in the military, BAH is a monthly stipend we all receive for housing costs (primarily to be used for mortgages or rent payments).
Anytime you rent a property or leave one, you need to ensure the residence is in good condition. Conducting a property inspection is key for reducing your damage liability and avoiding security deposit disputes. Move-in and move-out checklists are essential for these inspections.
You should review your credit at least on an annual basis. Since 2004, all American adults have the right to view their credit reports from the three major consumer reporting agencies, or CRAs (Equifax, Experian and TransUnion) every twelve months.
If you are concerned your family member or friend who has too much debt is abusing credit cards or is otherwise heading toward a financial abyss, your intervention might be difficult and uncomfortable, but done with love and sincerity, it may also be just what the person needs to get back on track to reach his or her financial goals.