Always Budget Your Finances and Avoid Surprises

Learning how to budget your finances is the first step to gaining control of your money and creating wealth. Although the manner in which you budget your money is unique to your need and income, there is a general blueprint that can guide our budget process. The 50/30/20 rule simplifies by the process by breaking it into three categories rather than breaking it into multiple categories that are difficult to follow.


The 50/30/20 rule applies to fixed costs, financial goals and flexible spending respectively. Fifty percent of your income  should go into paying bills such as rent, gas and food. Cutting on costs is the most effective way of making savings. Thirty percent of your income should go into making payments or contributions that will secure your financial foundation. Automating your savings contributions and debt payments will not only help you to save consistently, but will also ensure you don’t fall back on payments.

Ice Cream vs Retirement

You make choices about your financial future every day. Whether it’s saving 10 percent of your income or purchasing a water bottle at the gas station, these small, seemingly insignificant choices can decide your financial future over time. And if you don’t carefully plan for your money to go where you’d like it to go? It can cost you your happiness and security in the long run.

IceCream vs Retirement

Even though we might not think purchases that only cost a few dollars are significant, they actually are quite important. Especially when you consider those purchases from the perspective of compounded interest.

Building Wealth with Ownership Investments

Yesterday it was a pleasant surprise for me to find an email from Eric Tyson’s PA, requesting a guest contribution on Eric’s behalf. I felt privileged and important. One of those bloggers’ satisfaction days. I read Eric’s books and always have been an admirer. This post is excerpt from his book. I am sure you’d get a lot of insight in to investing from this post. Enjoy the post!

Investing small amount

If you want your money to grow faster than the rate of inflation over the long term and you don’t mind a bit of a roller-coaster ride from time to time in your investments’ values, ownership investments are for you. Ownership investments are those investments where you own a piece of some company or other asset (such as stock, real estate, or a small business) that has the ability to generate revenue and profits.

How to Lower Auto Insurance Premium

Have you ever been victimized by highly priced auto insurance? In actuality, there are a great number of car owners who feel imprisoned and distressed by their auto insurance policy. Large firms promote their brand names with decorative ads and it is quite daunting if not impractical to just ignore the jazzy advertisements and find the best price available.

Behind these jazzy lines, hidden is a truth, yes you can save on auto insurance. There are a few sure shot ways to reduce your premium. So, really those 15 mins can save you 15%.

If 15 minutes can’t save you 15% of more, 15 days sure can. just be prepared. Intelligent people really take time to properly compare rates at least once or twice annually since prices decline sometimes. In line with this, just because you had the best rate two years ago from your insurer doesn’t mean they still offer the cheapest rate. Other insurers might now be less expensive. So, shop around and lower your insurance.

An Attempt to Find the Best personal Loan Option for you

Are you in a position where you need to take out a personal loan? Perhaps you are thinking about remodeling the kitchen, adding a pool to the backyard, or starting your very own business. Whatever the case may be, you want to be sure that you are getting the best loan for your circumstances. let’s find the best personal loan for you.

Personal loans Options

Just a word of caution, personal loan can only be taken when all other options, such as borrowing money from your friends, relative and co workers is not possible. You also do not qualify for a 0% intro APR balance transfer credit cards, where you can put all your credit card debt and use your borrowing power to meet your cash need at 0% APR. Personal loans from banks cost high interest.