Browsing Tag

smart savings

Money Saving Tips

How Far Are You From Reaching Your Savings Goals?

Are you saving for something specific right now?  Do you have any upcoming vacation plans or are you saving to buy a newer vehicle within the next couple of years?  Whatever your savings goals might be, there is a really great tool called the Basic Savings Calculator that can help you determine how attainable your goals are.

Simply enter your information into the fields and you will get a basic idea as to how long it will take you to achieve your specific goal and how much you need to save.  Every once in a while, use this calculator to do a quick “check up” to see how you are doing.

Continue Reading

Money Saving Tips

Great Money Saving Tools To Save On Your Grocery Bill

While visiting a friend recently, she gave me a great idea for a way that helps her to keep herself organized as well as to save money on her grocery bill every week.  Her trick is to use a MenuTemplate that she prints off each week before buying groceries.  She writes down what she plans to make, looks into her cupboards and fridge to see what she already has, and then fills in the section for what she still needs to buy.

Continue Reading

General

How Much Is A Dollar Worth To You?

I recently read an interesting article on globeinvestor.com that talks about how the value of a dollar changes depending on what life stage you are in.  For example, as a child, you would have cherished one dollar as if it was an entire fortune, but at different times in your life, you will likely value it differently.  The main point of the article is to set up a strategy so that you are making the best use of your money throughout your life.

For people who struggle all their lives to make ends meet, the value of the dollar will likely be fairly consistent through all life stages, however, for those who have enough money to cover all the bills without a lot of stress, it appears that the value of a dollar becomes less meaningful especially when one is older.  According to the article, “… it often becomes clear that the precious dollar of today is better spent than saved for the future, when it will be of much less personal value”.

Continue Reading

General

What Should You Do With Extra Money?

Imagine you just received an unexpected gift of money, won a lottery, or your business did much better than expected.  Suddenly you have extra money that you need to decide what to do with.   What do you think you would do with it?

The answer will be different for everyone as we all have different ideas for what to do with extra cash.  Due to our unique situations in life, it might make more sense for some of us to pay down debt, while others should be topping up their emergency fund a bit more.  Still others might be wise to invest in the stock market or start up that business project they’ve always wanted to work on.

Continue Reading