Tuesday, May 22, 2012

5 Blogs That Will Keep you Financially Fit

The rough economy has affected all of us in one way or another. The majority of twenty-somethings are working jobs that are far below their skill level, making less than they deserve, or unable to find any work at all. If you're in your thirties, forties, or fifties, the outlook probably doesn't look much better.

We all know the basic rules of financial success; spend less than you earn, save for the future, keep a budget, etc. Unfortunately, these rules are all easier said than done, but these five great blogs are here to help. These blogs have all the information you need to get on the right path toward financial stability.

1. mint.com/blog

MintLife's motto is "know your money, live your life." This site offers excellent, easy to digest resources for people who are trying to get started with a budget, planning big life changes like buying a house or having kids, in the middle of a financial crisis, and/or approaching retirement. The sleek layout of this blog makes it easy to find the resources that will be most helpful to you.

2. TheSimpleDollar.com

This straight forward blog offers practical tips for cutting your spending, investing wisely, and not letting your life be ruled by your budget. Check out the right-hand side for a list of 14 money rules to live by. Each rule is accompanied by an article explaining the importance of the rule and how to incorporate it into your life. The author of this blog also has a book available on Amazon.com and Barnes & Noble.

3. getrichslowly.org/blog

It's not advice that anyone wants to hear. After all we're greedy people who want to get rich as fast as possible with minimal effort (don't try to deny it). But this blog offers advice on how to get rich the logical way: over the long haul. Changing little habits or reducing how much you spend on a certain extravagance are little changes that can make a big difference over time.

4. thedigeratilife.com/blog

This blog offers very particular advice on complex financial questions as well as basic reviews of important financial concepts. For example, you can learn about Roth IRAs, or you can read an article about 15 Tips to Lose Weight Frugally. It's all part of the Digerati Life.

5. wisebread.com

Wise Bread offers great advice for "living large on a small budget." The worst part of budgeting your finances is feeling like you can never splurge or have any fun. Wise Bread shows readers how they can do both from time to time without getting into financial trouble.

If you're looking for a few resources to help you live a financially stable life these blogs are just what you need. What are your favorite financial resources? Let me know in the comments below or via Twitter.

Tagg writes on behalf of CableTV.com – home of XFINITY TV Deals. He typically writes about finance and technology. When he’s not obsessing over his budget, he’s an avid soccer player and family man. You can follow him on Twitter. @CableTVcom

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