Personal Finance

Personal finance can help you understand how the federal budget works. This is because managing a household budget and managing a government’s budget both use a similar type of ratio to determine financial health. Household budgets, even though they are on a much smaller scale, are not that different from government budgets.

Surprisingly, there are many people that commute hours just to get to their place of work. While the national average time people commute is 25 minutes, there are still plenty that have to commute about two hours each day. These people are called “mega commuters” or those that travel 90 minutes a day and about 50 miles to and from work.

Things are, shall we say, less than easy these days. It’s a whole lot harder to make ends meet even on a good month. People are living paycheck to paycheck and a savings account is something no one has.

These days there seems to be a lot of speculation as to what to invest, whether to invest in real estate or some other form of tangible, stocks bonds, mutual funds or what ever. In fact a lot of people don’t even know if it is worth investing in things at all.