There are many ways to generate extra income, and the key to a secure retirement is to generate a source of passive income, whether that be stocks, real estate or a business. The key is to develop a system that will work for you so that rather than trading hours for dollars you can afford to spend your time on other pursuits while your personal money machine works for you.
Your Own Personal Money Machine Read More »
If you want serious money, you have to get serious about money. You need to understand these fundamentals and never forget them. Don’t let all the garbage reported in the financial media you read, see, or hear confuse you about what money really is. Don’t consume more than you make: save! Don’t spend: invest!
Money – How to Get It and Keep It Read More »
If you find yourself always short on funds, it doesn’t necessarily mean you’re not making enough money. The real cause might be poor money management skills, such as living without a budget or not tracking your spending closely enough, or paying too many penalties and late fees. With discipline and proper money habits, it’s possible to turn your finances around and never deal with penalty fees again.
6 Tips To Improve Your Money Management Skills Read More »
Many people are struggling financially perhaps due to a lack of work experience, working part-time while attending college classes or simply the overall economy. Younger families may also be paying student loans or have other expenses to contend with.
Affordable beach rent on a Budget With these and other factors in mind, you may have your heart set on a beach location but also be focused on trying to find an affordable place to live.
Is Beach Rental Affordable on a Budget? Read More »
Many women today are hoping to have a natural birth so they can be comfortable as they welcome their new baby into the world. Natural births have many advantages, but it is important for you to take the time to prepare for one. Preparing beforehand can help you save a lot of money and below is a list of tips that can help you prepare for a natural birth and stay money smart.
Five Tips to Plan for a Natural Birth Read More »
This being prime vacation season I thought I’d tell you a bit about my vacation. On Monday I set out from Virginia on my way to a week on the coast of South Carolina. Fortunately for us the sharks are hanging out a few hundred miles North of here. The weather is beautiful and the water is warm and inviting.
But like most tourist areas it seems that everything is designed to separate the hapless traveler from his hard earned money. But being a die-hard “frugalista” I’ve worked out a system to keep my money where it belongs i.e. in MY pocket.
How the Nautica Beach Chair Saved Me Hundreds of Dollars Read More »
It is not easy to save money, especially when providing for a large family. Lots of kids means lots of driving, activities, and doctors’ visits. Fortunately, there are ways that big families can reduce their spending. Below is a list of tips that will help as you get started on a budget.
Frugal Tips for Large Families Read More »
The increasing cost of living is making it more difficult for families to save money than ever before. Fortunately, there are many ways families today can live frugally. Here are five tips to cut monthly expenses and live within your means. Tip 1: Buy it Used The modern advertising machine has trained us to prefer
Pinching Pennies: Five Tips For the Money Savvy Family Read More »
When you are first starting out with your own small business, you need to develop a brand so customers are able to know who you are and what you stand for. A brand is much more than a logo. The promise your business makes, the way you present your brand visually, and your company’s focus on customers help to define your brand and what you represent. Take time to work on these details when you are starting out so you can better communicate what you offer to your clients or customers. This process can take some time, but it allows you to be more competitive in your industry.
Brand Building: Five Ideas to Kick Start Your Small Business Read More »
If you find it difficult to sleep because of debt problems, then here are a few tips to help you reduce your debt load. Learning to cut back and still live well while staying within your budget, is really the best way to eliminate your debt. Reducing your debt before things get too out of hand will also save money in excessive interest payments to the collection agencies. Living within budget may not be the most fun lifestyle, but it is certainly a financially sensible one. Plus it will allow you to sleep well at night and if you put your mind to it you can still enjoy life without spending a fortune.
4 Tips to Avoid a Call from a Collection Agency Read More »
Buying a house is probably one of the biggest decisions you will make, so it’s important to understand what you’re getting into. Suppose you live in British Columbia and have spoken to a custom home builder in Vancouver and you have determined the cost of your dream home. Some builders work with specific banks to help arrange your mortgage while others leave finding the mortgage up to you.
Although it may seem easier to go with the mortgage provided by the builder, you have to look carefully at the terms of the proposed mortgage. This is probably the largest purchase of your life so don’t be afraid to ask your builder and/or mortgage broker questions before you sign on the dotted line. Often the builder will “get a cut” which may increase the cost of your mortgage by 1% or more, which could add up to thousands of dollars over the life of the mortgage, so it pays to compare. A few minutes of diligence could result in the highest paid moments of your life! If you know what you’re looking at and have a good understanding of your mortgage contract, you will avoid making a costly mistake.
Financial Freedom: What you Need to Know About Your Mortgage Read More »
Everyone has dreamed of getting a “windfall” of some sort at one time or another. At first, getting a lot of money can feel like a tremendous boon. But, without the right money management skills many people find that their settlements become exhausted far too quickly.
What to Do if You Get a “Windfall” Read More »
