On the heels of the election, many people are worried about the economy, their investments, and their money. I think we are, in fact, in a good place and on track for great growth in the United States and Canada. Europe may have a tougher time. Some people have been so scared that they took their money out of the bank. Let’s just be clear, you should never do that.
Personal finance folks often throw around the term “pay yourself first.” It is a bit big-headed of us to assume you know how to do that. Here are some steps you can take to put the most popular finance advice to work.
Update May 10, 2014: Today Manilla announced it is shutting down. For new, up-to-date Manilla alternatives, check out this post.
You all know that I have been a fan of Mint.com for a long time. I have compared it to sites like Adaptu and PageOnce. Today, I am going to compare it to another competitor, Manilla. Enjoy the review of Mint’s new competitor Manilla.
Did you know large companies never pay invoices right away? They don’t even care about the due date. They set a policy telling vendors when they will be paid. While you don’t have as much leverage as a Fortune 500 company, you can manage your cash like one.
We have been told that we need to balance our checkbooks for decades. This common advice is given with the best intentions. We are told that by tracking our transactions, we are protecting ourselves from overdrafts and ensuring nothing unauthorized happens in our accounts. That is true, but there are better ways to do all of that.