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Money matters cause a lot of stress for a lot of moms. This week we'll start at the beginning - getting a clear picture of your current financial situation.
How much do you know about your household money? See if you can answer each of these questions:
• How much comes in each month?
• How much are you (or your entire family) spending?
• Do you have anything left over?
• What kind of savings or retirement plans do you have?
• Do you know how much money is in your checking account right now?
• How much are you spending on credit card interest?
• And the follow-up question: how much credit card debt, exactly, are you carrying?
Addressing such questions can be unpleasant, and even scary. Many women (and families) are unwilling to look at their money situation, because they don't yet feel prepared to take action. But consider this: the situation will be the same whether you KNOW the bottom line numbers or not. However, if you have all the...
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