My wife and I celebrated 17 years of marriage recently, and like other anniversaries in life, it caused me to ponder what I've learned during those 17 years.
As someone who writes about personal finance every week, I of course thought back to the money lessons I've learned during marriage. Some, such as saving for retirement and investing in mutual funds, may just be from getting older and aren't entirely attributed to marriage.
But other money lessons I've learned were either from my wife or something we came across together as a married couple. Here are five money lessons I've learned while married:
In the months before we got married, I asked a married couple we were friends with if we should have separate or joint checking accounts. I was leaning toward separate accounts, figuring we'd split the bills and pay them together, as a couple.
But that sounded too much like having a roommate. Our friends said that having a joint account was best because once you're married, everything is shared and her money is his and vice-versa. Your money as a couple is commingled and it doesn't matter where it came from when you're paying life's expenses. Two people become one, at least where money is concerned. ...continue reading
Nearly everyone has stuff in their home they no longer use, but they can’t stand the thought of just tossing the items in the garbage. After all, those things still have value, right? So why not sell it? You’ll not only declutter your home, but you’ll pocket a little cash as well.
Decluttering your home is a good way to make some extra money and make it easier to clean and maintain your home in the future. Here’s how you can get rid of your junk, declutter your home, and make money. I’d call that a win-win-win!
At one time or another you’ve probably been a little strapped for cash, as so many of us are. If you’ve wracked your brain to come up with a way to pick up a little green, but only come away with a headache, maybe you need to stop thinking so hard and start doing. A cleaning business is a great way to make money without a lot of overhead. But what steps should you follow to get started?
Decide on Your Target Clientele
Do you want to clean for businesses, or would cleaning homes be more up your alley? If you aren’t sure, first clean the home of a friend or someone you trust to be honest with you about the end result. Then, ask them questions such as whether or not they were satisfied with the length of time it took, the cleanliness, etc. This could be a valuable way to discover if you are suited for this line of work before you start setting up clients.
Set up a Bookkeeping System
Even a simple cleaning business will need a bookkeeping system of some sort. If you are going to be a one person team, you will still need a spreadsheet or some other way to keep track of your income and expenses. Don’t order checks and business cards right away, however. These things cost money, and until you get rolling, you might be putting the cart before the horse. ...continue reading