Whether you're trying to create a budget, set savings goals or considering a big purchase, developing a good plan is the key to success.
The best way to avoid stressful discussions about money is to communicate openly and regularly about household finances. These tips will help you get the conversation going and keep it on track.
This popular publication can help you and your family financially prepare for moves or deployments.
Getting what you want doesn’t always come easily. Chances are, you’ll have to work to reach your goal. Achieving what you want financially—whether saving to buy a house or for a vacation—requires the same planning, perseverance and know-how.
A spending plan gives you control. It clearly shows how much money you have coming in, what you’re spending it on and where you can make trade-offs to come up with extra cash. It’s also your first step in meeting larger financial goals.
One of the best ways to assess where you stand financially is to calculate your net worth. When you add up all of your assets and subtract your debts at least once a year, you can clearly see if you’re progressing toward your goals or moving backwards.
We never know what the future holds, so it’s always good to be prepared. Having an emergency fund helps ensure you’re always prepared to deal with what life brings—good or bad.