A lot of us have lost jobs, taken pay cuts, or had to do without company 401(k) matches. At the same time, everything seems to cost more: the price of gas has gone above $4 per gallon any number of times, while the cost of food, energy, and insurance has skyrocketed.
At the same time, your household might have grown if you’ve had children, welcomed in elderly parents or relatives, or if you’ve had out-of-work family members move in to save money.
Doing more with fewer resources seems to be the name of the game everyone is playing right now. And while the economy does seem to be starting to turn around, it’s slow going.
This month, we’re re-launching the Equifax Finance Blog with some improvements we hope will help you spend less, save more, invest strategically, and do more with the resources you already have.
One of those changes is adding a new category of information: Family Money. The goal is to give you some fresh ideas about how you can stretch your resources in new and innovative ways. We have reached out to some new experts, including Miranda Marquit and Teri Cettina, but have also invited our regular Equifax Finance Blog contributors to weigh in.
It doesn’t take a genius to know that for most Americans, life over the past few years has changed in some fairly dramatic ways. Family Money recognizes that the choices you make for your family — for all those living under your roof — might be different than the choices you’d make for yourself alone. There are tax, insurance, investing and even real estate implications to these changes, and we hope that by shedding some light and offering useful information, we can help you walk further along the path to financial security.
Of course, this works best if you’re an active participant. Please feel free to leave comments, questions, and suggestions and we’ll do our best to tailor this information so that it help you make the right decisions, when you need to make them.
We’re here to help. Feel free to reach out and share your stories and your concerns. You can always reach me at [email protected]
Ilyce R. Glink
Equifax Finance Blog