When it comes to personal finances, sometimes we need to remember to get back to the basics. If we focus on some of the “bigger” things like investing or crushing debt, sometimes we can get discouraged. Also, sometimes we lose sight of some of the basic truths of personal finances.
I came across two great posts recently that address two personal finance basics that we would all do well to remember: saving money and taking good care of our credit.
Saving money
This is a big one. And I’m not talking about clipping coupons and getting a “deal” on something you might not …read more

Every now and again, it helps to get back to the personal finance basics. Yesterday we took a look at living within your means. In order to do this, another basic personal finance lesson is necessary: understanding the differences between needs and wants.
Needs
It seems fairly straightforward, but many people confuse wants with needs. Needs are things that are necessary for survival. Some sort of shelter, food and clothing are needs. These are things that you must have to survive. Usually with the form of shelter comes bills like heating and water. These are bills that you must pay, and are …read more