April is National Financial Literacy Month and it is a good time to commit to your financial future. As part of National Financial Literacy Month, learn how to establish and maintain healthy financial habits. A Personal Budget is a good start to achieve your financial goals. It is part of the planning process. The following are the most important ...
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Start Thinking Outside the Box!
Thinking outside the box is one of those metaphors that really need explanation. Thinking outside the box means to think differently, unconventionally or a new perspective. Some business consultants challenged their clients to solve a “nine dots” puzzle which required a creative solution. Often we are caught up with rules or conventions to solve ...
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Personal Finance Education Is the Key to Happiness
Learning about personal finance is the basis for success! If you are looking for a class at your local high school or community college, you will probably be disappointed. Online classes are somewhat limited although there are many books written about the subject. You can find such diverse subjects online as accounting, corporate finance or other ...
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Teach Kids about Money – A New Approach!
You can’t teach kids about money, unless you make good financial decisions too! Every time, you spend, save, invest or even make decisions about money, you are demonstrating to your children what they should do. By the time they grow up, they have seen you make thousands of transactions and it becomes the only experience they know for them. I still ...
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Don’t Shoot the Messenger
In earlier times, the messenger delivered bad news! Don’t blame the person who tells you bad news. Too often, the person delivering bad news is blamed for the news. For many years, I was the messenger! I was the Chief Financial Officer who said profit margins were decreasing or some other performance indicator. As a personal finance blogger, is it ...
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Money Management Tips for Children
Money management is controlling your personal finances! Money management is the process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group. Do you contribute to your retirement? Do you have a budget? Do you pay your credit card balance every month? If you can answer yes to these ...
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5 Steps to Financial Literacy
This is National Financial Literacy Month! It is time to take control of your finances. Decide today, that you are responsible for your financial future, make better financial decisions, differentiate between wants and needs, get out of debt, start a savings account, track your expenses, start budgeting, set and achieve goals. If you are happy with ...
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It Is All in the Details!
Do details matter? Have you ever taken something apart and when you put it back together you have a part left over? It may or may not affect the overall operation, but it might! Details are important, but they are not all equal! I think it is the accountant in me that makes me pay attention to details. In accounting, everything has to balance ...
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How to Use Credit Cards Responsibly
Too many people have credit card debt! As of December, 2011, according to Capital One there was $801 billion total U.S. revolving debt. 98% is credit card debt! The total U.S. consumer debt is $2.5 trillion as of December 2011. The average credit card debt per household with credit card debt is $15,799. Just about everyone has a credit card ...
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The Best of Krantcents
The "best of" may be a misnomer, but it is based on statistics! I decided to showcase a variety of articles that you may find worthwhile to read again or for the first time. Who knows, you may uncover a hidden gem that changes your life. I decided to do this because I am making some changes and thought you may like to read some of the best! ...
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