Vacation should be a time to kick back, relax. But don’t let the carefree attitude spread to your wallet, which can lead to teeth-gnashing stress when the tan has started to fade and the bills have begun to arrive.
Determining your budget is the most important detail to figure out before shopping for a new car.
Summer is a time when people tend to disregard their finances – with gorgeous weather and time off from work, it’s easy to focus on having as much fun as possible with travel, family barbecues and frequent parties, while putting money matters in the backseat. If you’ve overspent this summer or failed to follow a savings plan or budget, don’t worry – it can probably be fixed. Here are five steps to help get your finances back on the right track:
Are your kids finally reaching the age when they’re ready to start having money of their own? According to a 2014 T. Rowe Price survey, 42% of parents sometimes avoid discussing money with their youngsters. However, with a few kid-friendly activities to jumpstart the conversation, you’ll be looking forward to these talks. By the time school rolls around again, your little ones will be a step closer to becoming budgeting pros.
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