In order to grow your wealth, you have to grow your savings. This can be done in a variety of ways. You can cut your spending so that you can save more money each month. You can also increase your income and keep your spending the same and save the difference. But at the […]
In the personal finance blogosphere, you see a lot about frugality. Frugal living is essential for many people to achieve financial stability, but it’s not something I talk about very much. That’s because it is possible for most people to achieve a balanced budget without having to live like an ascetic. That’s why I […]
Having the ability to call or text friends and family members wherever you may be is a marvellous thing. But as we all know, mobile phones have become much more than just portable communication devices.
From browsing the Internet and sending emails to watching movies and playing games, today’s smartphones are capable of multiple tasks. […]
We are living in an age where we are almost forced to learn how to save money and to try to save in almost every aspect of life in order to improve our living standard. This can sometimes involve serious sacrifices. However, it sometimes takes attention and persistence and our monthly income will look […]
Are you a spender, a saver, or maybe somewhere in between? There are so many different pieces that make up our very dynamic personalities, but have you considered how your personality affects your finances?
Could your outgoing personality cause you to spend more on social events? Or could your even-tempered nature keep you levelheaded and […]
Does retirement scare you?
You’re not alone.
According to the National Institute on Retirement Security, “50% of Americans between the ages of 55 and 64 have less than $12,000 saved [for retirement].”
Most people who are old enough to retire don’t even have enough saved to pay for 3 years of groceries, let alone cover the most […]
Purchasing the big items is a necessity in today’s modern life. From a new car to a new fridge, there’s no avoiding the need to buy them. Knowing how to approach them means that you don’t get yourself into trouble with money lenders or your credit report. For some, a big ticket item might […]
It’s much like a sinkhole or quicksand; once you have fallen victim to the debt of high-interest credit cards, you feel like you are sinking further and further into the abyss.
The good news (well, sort of) is that you aren’t the only one. In the United States, we collectively owe $880 billion, with each […]
Saving is a concept that’s on the lips of just about every financial advisor alive, from bloggers to the CPA sitting across a real desk from you. I’m all for saving, and it’s something I practice in my own life religiously. But saving should never become something that is pure habit. After all, we […]
Technology is expensive and can be a real drain on us when we buy our first computer, smartphone, or other device. But the expense balloons when it comes time to upgrade, and computers are notorious for piling up huge costs as part of our pursuit of the fastest and biggest equipment.
To make matters worse, […]