Category: Saving
In Way Over Our Heads: A Topic of the Indebted Youth
Being a young South African in her late twenties, I am becoming increasingly worried about the phenomenon that is manifesting in our youth worldwide, youth indebtedness. The youth is becoming more and more indebted. The topic is a very broad one with many angles and many factors contributing to it. Factors such as society, race, [...]
Poll: Do You Have a Savings Account?
Today’s poll is a quick one! Our readers are always looking to make more money and to find ways for their money to work for them. We simply want to know how many of our readers have taken the first step and opened a savings account. It doesn’t matter if it has $1 or a [...]
My Life, My Money: How to Control Your Personal Economy
In these uncertain economic times, it is tempting to blame your financial situation on the economy, especially when the news continually floods the airways with negativity. Although media pundits and financial experts would like us to believe otherwise, you can’t control the overall economy, and contrary to popular opinion, neither can politicians. What you can [...]
20 Useful Tips For Saving Money
Often we are the ones to blame for having too many debts.We depend on our economy to progress in general, but many of us should really start from the very beginning. Start with ourselves. Maybe we are constantly doing something wrong? Maybe we do not know how to deal with money when it comes to [...]
3 Tips to Saving Money After College
As a recent college graduate, earning a salary, I had to learn on the fly on how to effectively save money. Fortunately, I was able to listen to the vague advice from my Dad who instructed me to “save my money”. Those who need a little more direction than that can read this article for [...]
How to Avoid ATM Fees
Beijing, Dubai, Hong Kong, Nairobi, and New York. You might wonder what these cities have in common; I’ve never paid an ATM fee in any of them. We’ve all been there; out for a night on the town, when you realize that you have no cash on you and must run to the ATM. You [...]
The Awesome Tower of Beer: Roth IRA Infographic
What is a Roth IRA? An individual retirement plan that bears many similarities to the traditional IRA, but contributions are not tax deductible and qualified distributions are tax free. Why are Roth IRA’s a good option? * Low tax rates. Federal income taxes are about as low as they will ever be. If you’re in your 20s now, you’ll probably be [...]
The Advantages and Disadvantages of Being a DINK
The word itself can be offensive to many; however the acronym DINK means Double Income No Kids. In today’s economy, DINKs have the most flexibility to accumulate wealth, but also may be the most vulnerable if their finances are not allocated properly. There are variations of DINKs including DINKY (Double Income No Kids Yet) and [...]
Live at Home, Get a Job and Save
Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation. That includes asking their college-bound kids to live at home and commute to classes or major in areas of study that will lead to more lucrative careers. Many parents are even asking their children to [...]
Unique Ways to Pay Off College Debt
Instead of holding on to the gold and silver jewelry from her past relationships, Jenni Blaise has been cashing in on those memories in order to pay back the $16,000 she owed on her student loans. Over the past couple years, she has been taking old rings, necklaces and earrings to Gold & Silver Buyers, near [...]
