According to a CNN Business article, the average cost of a wedding in 2023 is $29,000 or more, depending on your location.

Tuition, fees, and room and board have increased rapidly. These costs may encourage you to begin thinking about alternatives to college, particularly if you or your family will struggle to come up with the money to pay for college. 

You owe it to yourself to be compensated for your time and effort. Asking for a raise can be intimidating, but no one else is going to ask for you.

Creating a stream of passive income isn’t all rainbows and butterflies. It can be time-consuming and take a lot of work. However, once that initial work is done, it’s gravy. 

‍It is easy to overlook if you don’t go through your statement with a fine-tooth comb. Sometimes the amount is so minimal that it’s easy to fly under the radar, but all these little charges can add up. If you just can’t resist that free trial, set up a reminder on your phone for when the free period ends, you can decide to renew or cancel at that time and avoid any unwanted charges.

Being frugal isn’t always easy. A lot of thought and time goes into making financially sound decisions. When you are frugal, your main concern is not being wasteful. If you're cheap, your only focus is on the price tag.

Lending Tree data shows that credit card holders in RI have the 12th highest credit card balance in the U.S. with an average balance of $6,759.

I can’t remember the last time I walked into a bank or credit union lobby….it’s been years. The advantages of online banking have recently affected the way that many traditional banks do their business. 

Everyone is different. Your relationship with money depends largely on your upbringing. But with the right work, and time, we can reshape your relationship with money.

Financial education is so important and a powerful way to provide your kids with the foundation they need to build long-term wealth.

Happy Holidays from Freedom Finance!

Index funds are increasingly popular with investors, especially those just starting out. Investing in an index fund is an indirect way to buy into the whole market. 

There are plenty of ways to celebrate with friends and family without putting yourself into more debt.

Debt consolidation is usually a good idea for borrowers who have several high-interest loans. Whether it be credit cards, student loans, or personal loans. However, it may only be feasible if your credit score is decent.

This winter many families will have a major strain on their household budget: soaring utility bills. A dramatic rise in energy prices in the U.S. is causing utility bills to soar, with many left wondering, what is driving the rise and how long will this last? The federal government expects the price of electricity will continue to rise into 2023. The rising utility bills are being driven by the surge in the price of natural gas, which generates about 40% of the United States' electricity.

Each of us has a different vision of how we want to live our lives. Some people may envision spending more time with family and friends. For others, traveling the world and experiencing new adventures may be their ideal future.

little girl discovers the importance of saving her money rather than spending it as soon as possible.

Remember, being a single parent is twice the work, twice the stress, and twice the tears. But also, twice the hugs, twice the love and twice the pride. 

You probably think this blog is about you...

Most people seem to assume that eating healthy is an expensive choice. That is just not true.

While every individual's spending habits are unique to his or her circumstances, a few common issues tend to be responsible for overspending.

There are many ways scammers can target you, especially online. Romance, Phishing, Online Shopping, Crypto and Social Engineering Attacks are some common ways you can get scammed. Not only can they affect you financially, but they can also create emotional and mental stress in your life.

We all want to save money, at least that is what I’m told. So why is it so difficult for some?

If you are the type of person who wants to be in total control of your assets and finances, then buying is best for you. Owning your own vehicle does come with a sense of pride. For me, personally, I prefer to buy and own my assets outright. It’s a great feeling to have.

While you’re taking some time to prepare for the tax season, you might also want to give your financials a closer look. If your financial health is in good shape, congratulations! If you need help with your finances but aren't sure where to start, contact Freedom Finance today for a free consultation.

Should you pay down your debt, save, or both. There are several personal finance experts who think it is a bad idea to save while still drowning in debt. I do not necessarily agree with them.

We have all heard this saying at least once or twice. But what does it mean?

This question comes often, mostly from folks in their 50’s and 60’s. An age where most are starting to think about retirement. The simple answer is it is never too late to save for retirement.

Talking to your kids about money is the best gift you can give them. Knowledge is power. We live in a tech world with so much information at our fingertips. Our kids are on all sorts of devices anyways, why not make what they are reading or looking at informational and useful. There are a ton of finance apps out there but first we need to cover the basics.

What does it mean to go into debt? The simple answer is, you borrowed money and now you owe it. There are two types of debt, secured and unsecured. Let me explain the difference between the two. 

I know that feeling of stress I get when I buy something I really needed only to find it already in my house a few weeks later. It’s extremely frustrating. Being well organized and decluttered can save you a lot of money. But what drives us to accumulate so much stuff?

As well as any money earned from part time jobs. Encourage your children to sacrifice their wants now to succeed later in obtaining their goals. ‍