Sometimes the hardest thing about saving money is just getting started. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals. But you CAN do it! WHAT ARE YOU WAITING FOR? Record your expenses The first step to saving money is… Continue reading Great money saving tips!
Compound interest has a magnifying effect. It's totally amazing over time! Let's take a simple example. Suppose the stock market will return exactly 6% annually for the next 20 years. At that rate, compound interest will turn $100,000 into $320,714! Pretty damn sweet, huh? But now suppose you invest in the market through a mutual… Continue reading Beware of HIGH COST investing
Believe it or not, most millionaires weren’t born with a silver spoon in their mouth. (although some were of course) I was surfing today and ran across some interesting stuff over at Nerd Wallet . Here are some of the surprising habits of the wealthiest that you can incorporate in your own life. 1. Make a… Continue reading 8 Millionaire habits
Saving money is obviously an important action to be taken to maintain strong financial health. Unfortunately, many of us put it off until our 40's and miss out on DECADES OF COMPOUND INTEREST. It’s also something that many people will never do despite being widely encouraged to do so. Tomorrow holds no significance for them… Continue reading The time is now. SAVE.
A personal budget or home budget is a financial plan for your home and family that allocates future personal income towards expenses, savings (there's that word again) and paying off debt. Past spending and personal debt are considered when creating a personal budget. There are several methods and tools available for creating, using and adjusting a personal budget.… Continue reading Budgeting is the BOMB
Of course this is definitely a personal preference but this is how I feel about it. A tax refund can be a welcome thing when you're living paycheck to paycheck. But a refund means you're letting the IRS hang on to too much of your paycheck throughout the year. Your tax refund represents an interest-free… Continue reading Keep more of your paycheck
Hmmmm.......the bullet? What's the bullet you might ask? Well to me it's a money saving machine! It's my 2000 Chrysler Concorde. Is it sexy? Far from it! Is it stylish? Hell no! (Lol) Then what is it? IT'S NO MONTHLY PAYMENT!! And that means more $$$$$ in your savings/investment accounts! Now I realize it's an… Continue reading The BULLET is still rolling along!
You know you need to save money, but it can be hard if you're just trying to make ends meet especially on a small income.After all, you have bills to pay today, so it's hard to make saving for tomorrow a priority.Even higher-income people can find themselves living paycheck to paycheck without much room in their… Continue reading Even YOU can $AVE. Just do it!
Here are some INTERESTING stats I ran across today while surfing the net. We all fall into these in one way or another. A 2017 report in MarketWatch found that half of American households currently live paycheck to paycheck 19% have $0 saved to cover an emergency expenses; 31% have less than $500 in emergency… Continue reading Drowning in our Financial Stupidity
Why live a FRUGAL lifestyle? First of all it enables you to spend less than you earn, and use the difference to pay off debt, save or invest. PREFERABLY ALL 3. Secondly, because the less you spend, the less you need to make! That means you can choose to work less, or work more but… Continue reading Do you live a FRUGAL lifestyle?