Tag : saving money

The Importance of Saving Your Money Starting at a Young Age Modest Money10 Comments

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As a young and naĂŻve individual it can be difficult to understand the reason for saving your money. Most of your friends and colleagues are most likely out spending lavishly on things like new clothes and fun toys. However, rather than spending all of your disposable income, you can start saving it at a young age and set yourself up for a stable and safe financial future. When I was younger I wish that someone had told me how unpredictable your life might end up. One moment you may have a great job and expect yourself to rule the world one day, while the next you may be laid off and unable to pay your rent or buy yourself groceries. By saving your money, you are creating an emergency cushion for yourself and if you invest your money, possibly making a lot more than you ever had in the first place.

Here are a few ways that you can begin your saving:

1. Save before spending.

Whenever some money gets into your hands, take your savings out immediately, before spending any of it. The beauty of this system is that once you’ve removed your savings, you’re free to spend the rest on whatever…

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This entry was posted in Financial Advice, and tagged , Modest Money10 Comments
By : Adam | 18 Mar 2015
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5 Things You Are Probably Overpaying For

By : Adam | 7 Nov 2014

Most of us hate overpaying for anything. Yet we do this all the time without realizing how much money we are throwing away. Below is a list of five things that you are probably overpaying for, along with some simple steps to reduce their costs. …

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Why It’s So Important to Teach Your Kids About Money

By : Adam | 5 Aug 2014

The following is a guest post about teaching your kids about money. If interested in submitting a guest post please read my guest post policy and then contact me. Greetings, Modest Money readers! Jeremy has been kind enough to allow me to guest post today in …

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Debating Buying the Entertainment Book This Year

By : Jeremy Biberdorf | 7 Jul 2014

First of all, I’m sure some of you might be wondering what this ‘entertainment book’ is all about. As far as books go, it’s not all that entertaining a read. It does help you save money on all kinds of expenses including entertainment. The book …

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How Do You Save Money?

By : Josh Rodriguez | 30 Jun 2014

If you’re a frugal or personal finance blogger, you know the importance of saving money. More importantly, you probably engineer new ways to put more money in your piggy bank all the time. Today, I figured I’d share a few ways that I save money …

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Ten Tips To Reduce Your Household Budget

By : Adam | 19 Jun 2014

The following is a guest post about household budget. If interested in submitting a guest post please read my guest post policy and then contact me. After a few initial costs organic will save you thousands over the years if administered correctly. Websites can provide …

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How Cloud Software Benefits The Finances Of Your Business

By : Adam | 11 Jun 2014

The following is a guest post about property management. If interested in submitting a guest post please read my guest post policy and then contact me. In case you didn’t already know it yet, the future of business IT is here, and it goes by …

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