Budgeting in your 30s and 40s is important. If you want to be able to live an enjoyable lifestyle while accomplishing financial goals like buying your dream home, saving for a comfortable retirement, or paying for education expenses, you need a budget. Budgeting doesn’t have to be hard. You simply need to know the three main parts of how to set up and stick to a budget. Know Where You Spend The first step in setting up a budget is to know where you spend. In order to know where you spend, you can use an account aggregation tool such…
Author: Tina Roth
Are you convinced that you own the right car insurance? Does it provide you with enough of coverage? Is it the best priced deal? It is very common to most of the car insurance policy holders to feel complacency with the coverage. It reminds me of those who could not take eyes off their painting or are lost in words while praising their poems. People always tend to suffer from a lingering feel of satisfaction with whatever they have, buy or create. One of the reasons for such behavioral pattern is they don’t look around. Most of the motorists overlook…
There’s an old saying;- “take care of the pennies, and pounds will take care of themselves.” It’s 2015, but the saying above still holds importance. You may be good at investing but suck at saving. You are not alone as there are many like you, who earn a lot but fails to save. In this article, I will help you with some quick tips to save money. No, you don’t have to be an economist, you just need to have some common sense, that’s all! The tips are simple to comprehend and simpler to implement. Understand the psychology Saving becomes…
Mortgage is a kind of debt. Just like other debts, you face a dilemma whether to shrug off the burden of your mortgage payment earlier or not. Two primary factors are of importance in this case and these are interest rate on mortgage debt and amount of estimated return from an investment. These days, financial institutions clamor about offering low interest on mortgage loans. In such financial environment, you may be tempted to take out a low-interest loan in times of heavy needs. However, I will suggest that you should consider this option as the last resort. As per experts’…
We all have “friends” online who we’ve never met in real life. Sometimes they’re Facebook friends, or people we’ve had lengthy back-and-forth discussions with on forums or in comment sections. These virtual friendships are a nice way to connect with people you wouldn’t otherwise meet, and I’ve found they can be mutually rewarding in other ways as well. Here are six ways you can save money with your online friends: Join local buy/sell/trade groups Buy/sell/trade groups on Facebook are increasingly popular and an excellent way to save. They’re like an online garage sale where you can list items you have…
Have you recently moved to a metro city from a small town or a rural area? I know you were overjoyed during the time of shifting in hope that you would be able to enjoy the fast-paced life. However, with only a couple of months gone, you now find it hard to cope with higher living index in a metro city. Rent and other household expenses are eating into the lion’s share of your income, leaving you with almost nothing for saving. However, things are not as bleak as you may be thinking. In fact, if you wisely make a…
Online shopping is instantly gratifying for those who don’t want to sacrifice comfort of their home in order to buy something. There is no doubt that it entertains even those who love to buy and bargain at brick and mortar stores. On the downside, online shopping can drain out money of even the most seasoned and smartest buyers. There is no denying the reality that online shopping gives you ultimate comfort of buying from your home. However, if you click ‘buy’ before educating yourself, you must be prepared for the worst to come. During early days of online shopping, I…
When it comes to planning for future, you will find a very few people taking the matter seriously. If you hope to witness a different picture for retirement plan, you will come in for surprising frustration. Several studies have been conducted in this regard and suggest that most of the people hang up their coats and boots without being fully confident of their retirement. Studies reveal further that majority of people consider that taking retirement at the ripe of age of 60 or more is not a realistic idea as there will be not much of time to enjoy life.…
Every business big or small should be able to manage their expenses at a great ease. Keeping a precise records of your business cash flow would help you understand how your business has been doing, when would it expand and how independent can it be. And while this is might not be necessary it is something that should not be ignored. Your business accounts and personal accounts are two different things and they should therefore be kept independent of each other. Managing your business expenses is the only way to determine the strength and independence of your business. Given here…
Everyone says “home sweet home.” They say it for a reason. Home is the place where we unwind after a hectic day at work. Where we see our kids grow. It’s a world of our own where outsiders don’t have entrance, unless we allow them. Home insurance reminds us of unfortunate incidents. Fire, hurricane, any other natural calamity – these are every homeowner’s worst nightmares. Paying the insurance premium (which is often a hefty sum), is also a concern for many. But just as bitter pills are taken to keep us healthy, home insurance is there to ensure there’s always…