Spending and Saving Archive

What is a Credit Union

Basically, a credit union is a cooperative created to provide financial services to its members. That says it all, but it makes a very short article, so a bit of detail may be in order. …

The Power of Compound Interest

According to Albert Einstein, “compound interest is the greatest mathematical discovery of all time.” In simple terms, compound interest earns interest income on your interest income, thus growing your money faster than ever. Most savvy …

Tips for Living on one Income

Two years ago, my husband quit his job. He promised to find another one immediately. As the days went by, that time never came. He got comfortable just staying at home and I became the …

Costs of Raising a Child

Children can be a wonderful experience, but unfortunately in this bad economy they cost so much! Although children can bring much joy, they are also a bundle of childbearing expenses; there are many ways though …

Bank Checking Account Reviews Wells Fargo

When reviewing checking accounts, there are several key things that you should look for.These include: – Creditor interest rate – i.e. how much are they going to pay you for lodging your money with them.– …

Shoestring Budget Furnishing

When it comes to moving into your first home you’re excited. There is the joy over your new home and you have a million ideas running around in your head of how you want it …

Simple Ways to Save Money

There are two ways to save money: 1. Savings – This is the physical act of putting money into a savings account, mutual fund or other type of investment. 2. Saving Money – This is …

Saving Money Risks Debt

Living in a society when many adults are finding themselves in debt; I have seen the importance of saving money- and the damage of not saving money. I have two examples that will help me …

Stop Spending Mindlessly

Senseless spending is spending mindlessly, buying things for the sake of doing so rather than because you need them. Economists, banks, and businesses have sold consumers the myth that constant consumerism or greed is good. …

Using Coupons Effectively

In today’s economy, many people need to cut back on their spending.  Coupons are one way to help us cut back if they are used effectively, but sometimes the idea of using coupons can seem …

Advantages of Online Banking

With the new technology age, come a lot of great inventions. This invention is one of my favorites actually, as its one of my favorite things about the internet, as it’s so convenient. Online banking …

Kid Pleasing Birthday Fun on a Budget

Birthday parties create wonderful, life-long memories for children. Every parent wants to provide their child with the best birthday experience that they can afford. When money is tight, there is no reason why a child’s …

How to Manage a Personal Budget as a Single Person

In his article, “The ‘Trophy Kids’ Go To Work” (The Wall Street Journal, October 21st 2008), Ron Alsop references some alarming statistics from a CareerBuilder.com survey on the attitudes of “Generation Y” or “Millenials” towards …

Ways to save money but eat well

Many people lament about the difficulty they find in eating healthy and nutritious meals while still saving money. Of course, if you are eating at fine dining establishments every night and earning less than a …

Living on a Budget

There are many great articles and plans on how to spend money wisely and reasons for doing so.  Unfortunately, some of us either love to live for today or love someone else who does.  This …

Disadvantages of using Checks

Checks have been used for quite a while to settle bills and pay for transactions, but they are continuously fading out, thanks to technology which has led to the evolution of other payment methods, such …

The best Places to Find Free Coupons

With the increasing prices and uncertainty of income, many more people may start to use coupons to save money on items they purchase. Besides newspaper inserts and coupon clipping services there are also other ways …

Debit cards and security issues

Debit cards have become one of the most popular modes of payment in the modern world, and according to financial experts debit card withdrawals and payments have surpassed the use of credit cards, cash and …

Simple Ways to Save Money

Having a cash crunch? It happens to most of us occasionally. A couple things I’ve realized are 1) Worry doesn’t change a thing, and 2) It’s unlikely I’ll win the lottery. I’ve also learned that …

Pros and Cons Credits and Vouchers

A simple answer to this question is that it depends: A cash back advantage can be good but often raises the price a great deal on an item. For example, I know that at the …

Simple Ways to Save Money

Many people are on a tight budget. However, in order to break out of the norm and achieve success, you have to take a chance, a true entrepreneurial risk. Ninety-nine percent of the time, you …

Consumer Spending during a Recession

At the core of any upswing or downturn in the economy is consumer spending. Consumer spending feeds every aspect of the economy, including agriculture, transportation, manufacturing, retailing, and finance. During good economic times consumers have …

7 Tips on Saving Money

Seven tips on how to save money Saving money is on everyone’s mind these days. We are constantly being asked to do more with less. Average annual increases are not enough to meet our growing …

Simple Ways to Save Money

Everyone has financial goals whether they realize it or not. That new home, new car or even that obscenely expensive pair of shoes are all things that fall under financial goals. The problem is that …

Simple Ways to Save Money

With the cost of living spiraling ever upward, it’s a job in itself to save money and make ends meet, but it can be done. I have lived on a proverbial shoe string for most …