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Oaken Blog
News, information, useful resources and guest writers on a wide variety of topics
Plenty of articles to choose from
You know you have a credit score, you may have even checked it once or twice, but do you know how your credit score is calculated? Do you know how lenders use your credit score?
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It doesn’t matter if you’re single or have a family; if you’re young or old, groceries can be a huge expense when it comes to your monthly budget. This shouldn’t be a surprise since we all need to eat, but unlike other things in your budget such as vacations and subscription services, you can’t exactly cut back on food.
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Although my parents taught me about money management from a young age, I still managed to make quite a few financial mistakes over the years. None of these mistakes were overly serious and I’m actually happy I made these mistakes.
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From small vehicle repairs to missed closing costs on my first home purchase, an emergency fund has completely transformed how I look at money.
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It’s human nature to seek an easier way to deal with a complex task, and for many people, developing and managing a personal budget can qualify as a challenge.
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When it comes to investments, diversification is key and the saying “don’t have all your eggs in one basket” is as true today as when it was first coined.
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You could easily argue that money management is the hardest thing to take care of when trying to get your finances in order. With so many expenses and different saving goals, how exactly do you ensure that you have enough money for everything?
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