A Personal finance blog for saving money and earning more and thus having a better life
We have that huge cylinder we call water heater in our homes.
It’s big, it consumes energy constantly to heat stored water, even when all taps are closed.
When the stored water cools down, to maintain the preset temperature the heater starts heating.
Don’t cringe on the subject, by looking at the title.
I won’t ask you to stop watching TV and movies.
In the world of frugality, some people can take “saving money” too far.
How many of you shopped clothing online? I rarely did any before. My first online order was a disaster. Their medium-sized Tee was extra-large for me. I made it a point to buy every clothing after first trying it out in the fitting room. This habit changed now though. My wife showed me the way. Shopping clothes online do save money!
It started one day when I got my 32X29 faded jeans online. I was looking for this at every store. Stores had 32X30, 32X31 and 32X28 but not the one I was looking for. Banana republic jeans changed my shopping habits. My wife also made me note the sizes at various departmental stores.
With winter in full swing, it’s no wonder that most of us are already considering sun-filled holidays. A holiday is the best way to reward yourself for all your hard work and it’s good for your mental and physical wellbeing too. Your saving for the summer holiday should start now.
However, the one thing standing between you, a sandy beach and crystal clear waters is your holiday fund. It’s not easy to save for a holiday when there are so many other financial commitments and responsibilities to pay for.
Food is an integral part of any animal. Giving your dog quality food is not only a great way to keep it healthy but also to make it respect you as highlighted at https://www.authenticdogs.com/how-to-make-your-dog-respect-you/. Unfortunately, dog food prices can skyrocket and quality always comes with a price.
It is even more expensive if you have 2 or more dogs in your home. While you cannot compromise on the quality of food you are giving to your pet, you can explore some of the best money-saving hacks on dog food.
So you are making a decent income currently but you need some extra money to go on a vacation or you need to start saving $20,000 to add to your son’s college fund. How do you proceed with this plan in the most effective manner possible?
Good question. I have been put into this position within the last 3 years. Then I found out that my family’s expenses were far above the income from stocks and oil properties.
With every passing year, the roads get more and more crowded with cars. While the traffic gets worse, people still rely on automobiles to make their lives and careers work. Giving up your car simply isn’t feasible for a lot of us. And that presents a financial burden that you might find hard to shoulder.
The sheer cost of operating a car these days can be very expensive! We’ve taken the liberty of assembling our best tips for keeping that cost to a minimum. Pay no more than you have to drive, without compromising your safety!
Can you remember back to when you were younger and you were just dying to grow up before your time? You wanted to stay out late with friends, you wished you had your car and own money, and most of all, you wanted to move out of your parents’ house.
Now that you’re an adult and have all of the grown-up responsibilities, you now wish that you could go back to the times where you had the luxuries of being a kid.
Freelancers have much more control over their finances compared to employees working in traditional roles. If you are a freelancer, you can dictate how much you charge for a specific job, how long you work each day, and how you invest the money you make.
While having more control over your financial situation is fantastic, it does present some challenges. One of the biggest challenges you will face is ensuring that your income is spent wisely and that you can save some money for a rainy day.
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.
