Saving Money - One Cent At A Time

Want to Save? Here are 6 Awesome Budget Tricks That Actually Work

June 3, 2019 2 Comments

A financial times article says that a wealth range of at least £2m in the U.K can make one worthy of the title ‘rich.’ The annual Charles Schwab Modern Wealth survey says that a rich person in the USA averagely has $2.3 million to their name. This, according to the company is over 20 times the median net worth of an average household. The report, however, states that for one to be considered financially comfortable, they have to have at least $1.1 million in the bank.

Most of the respondents in the survey noted that they plan to enter the wealthy elite class in a decade, and the easiest way to get there was to learn to ignore FO.MO.

Secrets of Saving Money at Groceries

May 27, 2019 4 Comments

According to Creditdonkey, an individual spends an average of $250 per month on groceries while a household of four spends on average of $712 to $1106 per month. Food is one of the bigger expenses every individual incurs with the biggest being housing and transportation.

If you are looking to save money on groceries to free up extra cash for other means then check out my 5 grocery shopping tips!

5 Examples Of How Internet Research Can Save You Money

May 8, 2019 4 Comments

Recently, I almost bought a shower panel from Amazon, that required two separate water connections, one for the normal water and the other for hot water. But our bathroom has only one nozzle, the water connections were inside the drywall. I only got the information as I have a habit of reading a few bad reviews (1/2 star rated reviews) of a product before buying it.

Had I gotten that I’d have spent $300, after reading the reviews, I bought a $40 shower head instead. The internet not only allows you to find products fast and conveniently but also to save money when you are shopping. With a little bit of internet research, you can spend less than usual on your shopping.

10 Ways You Can Start to Build Your Savings Today

January 22, 2019 3 Comments

As we grow older, the importance of a financial nest egg becomes more and more relevant. With big life changes such as vehicle purchases, home purchases, and unexpected emergencies, it is always nice to have some money stashed away for a rainy day.

10 Ways You Can Start to Build Your Savings Today

Savings accounts are not built overnight and getting to where you have a good amount saved up can take awhile. Luckily, we have 10 money management tips that you can start to build your savings today.

Simple Ways To Save Money On Monthly Expenses

December 13, 2018 3 Comments

Saving money when your bills seem to pile up faster than ever is definitely a tricky situation. Yet there is a solution to everything and this article is here to open some doors for you. Cutting costs without actually reducing your quality of life is a task that requires some research. We will talk about some easy low-hanging fruits that can be plucked while not sacrificing your lifestyle.

Average American household Spending

Your financial freedom is somehow limited by the essentials you need to pay for at the end of each month – taxes, utility bills, transportation costs, housing and so on. Around half of your salary will go on these expenses, so you need to learn how to cut them to a minimum.

Save Money in Your Teens and Become Financially Independent Sooner

November 12, 2018 3 Comments

The sooner you start saving, the better. It’s never too early (or too late) to start. The teen years are the perfect time to pick up smart saving habits in order to become financially independent sooner.

Save Money in Your Teens

While your friends may be out spending money on clothes and other impulse purchases, you’ll be well ahead of the game if you start making smarter purchasing decisions now and start saving.

How to Control Your Spending Without Creating a Budget?

May 10, 2018 8 Comments

Spending is something that everyone should be conscious about and by that, it means that we should keep track of our money at all times. Most people make use of a budget to list down all of their spendings; however, this technique doesn’t work for everyone.

Others usually rely on conscious spending alone which is actually fine as long as you break the habit of spending whenever you feel like it. This will require a lot of discipline from anyone but it can really be fulfilling if done properly in the end.

10 Ways to Reduce Moving Cost

January 21, 2018 22 Comments

When looking to reduce moving costs, it is important to remain determined. If you are planning to move to a new place, you need to cut costs as much as possible. Next time you find yourself wondering how you can maximize savings; you will be ready to go.

When relocating or moving to a new apartment, you need to select new utilities, too. So, it is always better to save money for your priorities. Be ready to make a smart decision and ensure a comfortable moving experience.

Ways to Lose Money Foolishly

January 4, 2018 5 Comments

If you read personal finance blogs, you’ll notice plenty of articles on saving money, we also write about earning money a lot. With a twist and a purpose in mind let me list down few foolish ways to spend money. I could think of 74 ways as of now and I’ll add on as I come across other possible scenarios or read about them.

Ways to Lose Money Foolishly

Reduce the Cost to Power Christmas Lighting

October 18, 2017 2 Comments

I always wondered how much our Christmas decoration is costing us, in terms of energy usage. I noticed around $20 to $40 energy bill jump for the month of December. The below picture, taken in 2016, is our home partially lit up in the first week of December. We added more lighting afterward. $40 is no small amount. So, how to reduce cost to power Christmas lighting

Reduce the Cost to Power Christmas Lighting

A number of things influence our energy bill. How elaborate is my decoration, do I use incandescent or LED bulbs, the wattage of my bulbs, how long I am putting up the display for and for how many hours I have the lighting turned on every day.

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