Personal Finance

Setting a budget is the starting point for every other goal in life. It is essential to establish a personal financial budget and then stick to it.

Among workers age 55 or higher and getting closer to retirement, close to 50% have saved less than $100,000, according to the Employee Benefit Research Institute. Approximately a third has less than $25,000 put away for retirement.

Giving back to the community and organizations that serve it is a very generous thing to do. It not only fulfills the lives of others, but can also fulfill you. When you make a charitable donation, there are a few ways you can write it off when it comes time to do your taxes. Below are a few commonly asked questions when it comes to writing off charitable donations, and some qualifications that you might need to meet.

Babies can be a great source of joy for you, family and friends. While babies are adorable, they are also pricey. Parenting.com says that raising one child costs $12,000 a year. Before and after the birth of your child, there are questions you should be able to answer about your finances before committing to having a child.

Do you think about what ATM you visit or where you use your debit card? If you use an ATM on a busy street, or one that is not affiliated with a well-known bank, you might want to think twice before using it. In 2014, the United States accounted for 48.2 percent of worldwide debit/credit card losses.

Have you been thinking about retiring? Before you give your two weeks notice, there are many important decisions you will need to think about. Creating a plan for your finances when you retire might take you a lot of time. Here is a timeline of what you should be doing to maximize your earnings during retirement.

Many business owners are not taking enough steps to protect important information such as payroll records. According to a study from CNN Money, one person is struck with identity theft every two seconds. Fortunately, you can lower your chances of having your identity stolen by following these tips.