In the wake of the weakest economic recovery since the “Great Depression”, many paychecks and bank accounts continue to look a bit anemic. Some Americans are still in a position where they can’t even locate money to buy small things they need because their budget is so tight. The following are six tips that you can use to “Stuff Your Piggy Bank” and save some money each month even if money is very tight.
Without some spare cash the smallest unforeseen circumstance is an emergency. With enough cash in your bank account it is just an inconvenience. So which do you prefer emergency or inconvenience?
No one is immune to the unexpected, and no one can afford to think that sudden financial emergencies will only happen to other people and not them. No matter how well prepared you are, there’s always the chance something can happen that goes beyond what you could have expected. Everyone’s financial situation is unique and complicated, but the two main elements you always need to keep in mind are your income and your expenses.
We all love saving money, but after the extras have been trimmed from your budget you may still be looking for ways to save even more. While it may seem difficult to save money on purchases you can’t live without, it is possible. Let’s take a look at some ways to save money on things […]
One of the big financial challenges that most people face is figuring out what to do with money once they have it. Should they spend it or save it? If they’re going to save it, where should they put it? What about putting the money inside of a mattress or in a safe at home as […]
Financial planning is the key to survival in a tough economy. The success to family finances is dependent on saving every nickel and dime there is to spare. But what do you do with that money once the piggy bank is full? A wise finance-savvy couple will seek to maximize the return on investment while […]
Start the money ball rolling by putting a few dollars away and before long you’ll be able to develop a whole new approach to money… a little less focus on getting the next shiny object and more on building long term sustainable wealth. Saving will not only boost your financial security and your credit scores but it will also reduce stress and worry […]
A Tax-Free Savings Account or TFSA is designed to help Canadian citizens save money without undue tax consequences. It is a flexible investment vehicle that is similar to an IRA in the U.S. but allows multiple withdrawals without penalties. A TFSA can help Canadians accomplish short- and long-term investment goals. How Does A Tax-Free Savings Account Work? Money […]