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Create a Personal Budget: When The Parental “Free Ride” Train Breaks Down
Remember that time when your parents paid for everything? Yeah, that was awesome. Too bad it didn’t come with the warning label: Expires at the age of 21. Not applicable to credit card balances, regardless of promises made by parental unit.
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Create a Personal Budget: Creating an Emergency Fund
In almost every piece of general personal finance advice, you’ll skate across a recommendation for an emergency fund. Whether it’s for the “oh no, I broke my leg” moment; or the “oh no, my engine just blew up” drive; or the “I just got fired” shock; it’s critical to have that rainy day money stored away for just such an occasion.
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