SUMMARY: Budgeting isn’t a universal solution; different methods suit different individuals. Traditional budgeting often overwhelms some due to the need for meticulous expense tracking. An alternative is the “no-budget” budget, also known as the anti-budget. This intuitive method involves covering essential expenses and then intentionally reducing discretionary spending without tracking every dollar. After paying necessary bills, any remaining money becomes disposable income. This method is ideal for those who prefer simplicity and live within their means, but it may lead to overspending for those with fluctuating incomes or poor financial discipline. Caution is advised when adopting this approach.

Read the full article

The post The 'no-budget' budget: A simplified way to track money appeared first on www.wsav.com

SUMMARY: As the new year begins, financial expert Prince Dykes emphasizes the importance of setting clear goals for personal finance and investment. He advises against spending tax returns on non-essentials, suggesting instead to invest in opportunities that can grow over time, such as land or child investment accounts. Dykes stresses the need for a tight budget, recommending the review of monthly subscriptions to avoid hidden costs. He comments on the current market euphoria, urging people to invest consistently, starting with the S&P 500. For guidance, he encourages finding licensed advisors and sharing insights through his social media and podcast.

Read the full article

The post Local financial expert Prince Dykes shares smart money tips for 2025 appeared first on www.wjbf.com

SUMMARY: Shamsud-Din Jabbar, a former U.S. Army soldier, conducted a deadly truck attack in New Orleans on New Year’s Day, killing 14 people. He had visited the city twice in 2023, recording videos of the French Quarter with hands-free glasses, and had traveled to Cairo, Egypt, and Ontario, Canada, prior to the attack. Jabbar, inspired by the Islamic State, acted alone, according to federal officials, though investigations into his connections continue. He utilized bomb-making materials and attacked police before being shot dead. Following the incident, security measures were heightened in the city, especially with upcoming events like Carnival and the Super Bowl.

Read the full article

The post The FBI says the man responsible for New Year's truck attack visited New Orleans twice before appeared first on www.wsav.com