BUDGET PLANNING

Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. If you don’t […]

GOOD DEBT vs BAD DEBT

While most of us cannot live entirely debt-free, there are major differences between what is considered “good” debt and “bad” debt. To help you make this distinction, it is important to be able to differentiate between wants and needs. Furthermore, before borrowing money, you need to determine whether the money is […]