Category: Savings
Fun and Frugal: 10 Creative Date Ideas on a Budget
May 7, 2015
Spending time with your significant other is important, but it can be challenging to find creative date ideas that don’t break the bank. The good news is that romance doesn’t have to be expensive. In fact, some of the best dates are the ones that don’t cost a lot of money.
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The Power of Frugality: How It Transforms Your Life for the Better
March 14, 2015
In today’s society, where materialism and consumerism are so highly valued, it can be easy to fall into the trap of overspending and debt. However, practicing frugality can be a powerful way to take control of your finances and transform your life for the better. Living frugally means making conscious choices to save money and avoid unnecessary expenses. It doesn’t necessarily mean living a life of deprivation or sacrifice. Instead, it can help you to prioritize the things that truly matter, such as building savings, investing in experiences, and living a fulfilling life.
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Breaking the Cycle: How to Avoid Rationalizing Your Way into Debt
February 7, 2015
Debt is a common problem that many people face. It can be difficult to avoid falling into debt, especially when you rationalize your spending habits. Rationalization is a common defense mechanism that we all use to justify our actions, even when they’re not in our best interest. This can be especially dangerous when it comes to spending money. It’s important to break the cycle of rationalizing your way into debt and take control of your financial situation.
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Unlocking Financial Freedom: Embracing the Power of Passive Income
January 21, 2015
The idea of financial freedom is a dream for many people. The ability to live the life you want without worrying about money is something that most of us aspire to. One way to achieve financial freedom is by embracing the power of passive income. Passive income is money earned without actively working for it. It can come in many forms, such as rental income, dividends from stocks, and royalties from creative works. By building multiple sources of passive income, you can create a steady stream of money that requires little to no effort on your part.
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Seeing Clearly on a Budget: Top Tips for Saving on Eyeglasses
January 14, 2015
Eyeglasses are a crucial part of many people’s daily lives. Whether it’s for reading, driving, or just seeing the world clearly, eyeglasses are an essential tool for those who need them. Unfortunately, they can also be quite expensive, and many people struggle to afford them. However, there are ways to save money on eyeglasses without sacrificing quality or style.
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Money Versus Currency
November 7, 2014
Did you know that the dollar has lost 98% of its value since 1913? Did you know that the dollar and other currencies used to be backed by gold, and now are only backed by government decree? (i.e., it is worth something because the government says that it is worth something! Does this mean then that it really has any value?). This drop in value of the dollar and other currencies is due to inflation, which is basically money printing by the government (both democrat and republican). How do you protect against inflation? Well there are several approaches Continue Reading
Cheap Stock Trades
October 7, 2014
You can use various brokerage firms for your investing, so I decide to have a look at the cost of trading with these to find the cheapest. They all can be fairly competitive for various reasons, but my thinking was which ones are the cheapest for buying stocks, and hence useful for a new/small investor just beginning his portfolio but wanting full control over his/her trading. The three I found were Continue Reading
Free Stock Trades – LOYAL3
October 1, 2014
In a previous post I wrote about using Betterment to get into investing in an automated way without having to pay for trades with the ETFs that they invest in. Well, what happens if you want to invest in certain stocks for various reasons, such as the ones you like have great dividends or that you see tremendous value or potential for growth? Well, I have found one place that allows you to buy and sell a select group of shares for free, which is pretty fantastic. This investing site is Continue Reading
Want To Be a Millionaire?
September 26, 2014
Your financial goal could be to become a millionaire, so can you go about this? Well, as I mention in an earlier article a great way to get there is to really ramp up your savings, cutting down on wasting your income. Let’s run some numbers to motivate you to get to this millionaire status. Continue Reading
Betterment – Avoid the Stock Transaction Fees
September 20, 2014
I have recently discovered an investment site, which looks pretty interesting especially for beginners in terms of its ease of use and simplicity. The site is Betterment, which is an investment broker and registered investment adviser, and which has a half a million dollar SIPC insurance guarantee on the balance of each individual’s account, in case of fraud or closure. What looks particularly interesting is that if you use Betterment, Continue Reading