"First 30 Days is so tuned in and resourceful. I am VERY grateful for the daily doses and tips." -Georgina
Read More Testimonials»

On the Finances Blog

Bankruptcy: The Power of the Clean Slate

It doesn’t take many clicks online to find writing and advice on how to shape up your finances, even First30Days has a great financial advice section found here. There are...

Read More About Bankruptcy: The Power of the Clean Slate»

Our Frugal Living Experts

Joanne Heim

Joanne Heim

Author of Living Simply: Choosing Less in a World of More

Shared by First30Days View Profile»
Gary Foreman

Gary Foreman

Editor and publisher of The Dollar Stretcher Newsletter

Shared by First30Days View Profile»
Melissa Tosetti

Melissa Tosetti

Editor and publisher of Budget Savvy magazine

Shared by First30Days View Profile»

Meet all of our Finances Experts»


The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

The Kids Are(n't) Alright

Will Our Kids Be Dumb and Broke? That's the question posed recently on MSN.Money, and it isn't without merit.
Let's think about it. We've gone from a country with a small spending problem to a country mired in debt so deep it covers the entire history of lending and borrowing in just one generation. Sounds like we took a wrong turn somewhere, right?

Some statistics recently gathered from the National Foundation for Credit Counseling show that our current trend is leading to financially illiterate children who will have no money and no future. How so? Well, as of April:

  • A third of Americans have no emergency fund (savings)
  • A quarter have saved nothing for retirement
  • One in ten struggles with a mortgage payment
  • Millions struggle just to pay bills on time with
  • about 7% of those adults receiving collection calls

This data makes it perfectly clear that we have to each our children to live differently—and that starts with us! Are there ways you are trying to live more frugally? [MSN.Money]

Posted: 5/16/08