Budgeting

The Magic of the 70-20-10 Rule

The 70-20-10 Rule is a simple way of dividing your monthly income into percentages and allocating the amounts into three categories to help save money while still covering every-day expenses and debts.

How to Have Fun on a No-Spend Weekend

During a “No-Spend Weekend,” the challenge is simple: avoid spending any money and see just how much fun you can still have on a limited budget.

How to Merge Money Matters After Tying the Knot

The marriage process doesn’t end when you cut the cake or make the toast, though. Married couples should take the time to marry their finances as well.

How to Go from Broke Millennial to Thriving Millionaire

To increase your standard of living, you'll need to put money toward savings and investments after paying your bills. These 5 steps you can take right now to start putting yourself in a better financial position. With any luck, you'll be the next millennial millionaire.

Invest Big Like Warren Buffett

With a net worth of $81 billion, Warren Buffett is the third richest person in the world behind Bill Gates and Amazon owner, Jeff Bezos. Despite his massive wealth, he can be surprisingly frugal, and anyone can implement his investment ideology, no matter their background.

Take Control of Your Finances with Free Financial Classes

While there may be a plethora of financial information available on the internet, it can be hard to know which advice to trust. That’s why, as a courtesy to you, American Financial Solutions offers “Investing in Yourself,” a free 10-chapter financial course designed to catch you up to speed on the basics of managing your money.

Are You and Your Future Spouse on the Same Page About Finances?

The most stereotypical, pre-marriage conversation that can make or break a relationship is generally about children. A conversation many couples unfortunately neglect is one regarding financial goals, which is too bad considering money can be one of the most contentious aspects of marriage. A study performed by Utah State University found couples who argued about finances at least once a week were more than 30 percent more likely to divorce.1 Their survey examined a variety of indicators to determine which aspects of marital discord were the most reliable forecaster for divorce. Of all the potential disputes analyzed–ranging from sex and quality time spent together to in-laws and household chores–disagreements about finances turned out to be the most accurate signal that divorce was a likely outcome.

Where Should My Extra Money Go