A Personal finance blog to get rich
There are several ways to save your money. You can save it at your bank, or you can save it with a broker. Many people need help understanding these two options and often wonder which is better. In this article, we will discuss the pros and cons of saving with each option so that you can make an informed decision about where to put your money.
When you save your money in a regular savings plan at a bank, it is kept secure and insured.
These days, it seems there’s no end to what’s available to buy in supermarkets. A wide range of household provisions has always been available, but in recent years, the range has been increased dramatically to include services too, such as life insurance, auto insurance, car breakdown services, Internet access and many other services. This greater freedom of choice brings with it more temptations to spend money, so it’s important to be cost-conscious. There are great savings to be made in supermarkets; you just need to be aware of them.
Add to it the McDonald, Subways and Pizza huts right beside the supermarket entrance. If you give it a pass while entering, you may not pass it on your way out. So it’s not only the products you buy but also the products and services you are made to pay for, goes to your super market shopping list.
I have a quick and simple way to determine if you are over spending at your grocer.
This aspect I touched in my epic post 101 ways to save money briefly. There are tons of ways to save money on grocery bill. When I last examined, our grocery bill is the second most expensive item after rent for us. We are two people family and we eat out very rarely. of course the best way to save money on food is to cook it at home and take the left over for lunch.
Here’s some things that SMB(my wife) and I often do and are effective for keeping costs down while not neglecting yourself good quality whole foods:
The best part of vacation is the planning and anticipation, the good part is the actual vacation and the worst part is the post-travel spending calculation. Well, you can enjoy post-vacation as well, if you cut cost on travel and hotel. Enjoy this excellent guest post from Laura.
Summer is the height of travel season. Whether you’re leaving town to visit family or explore a new city, you’re probably super excited for your next vacation. As fun as it is, traveling is also very expensive. Besides gas or airfare, one of your biggest expenses is probably going to be your lodging.
The following is a guest post, with very valuable frugal tips. Enjoy reading!
Saving money is both easy and difficult. When you have access to the right kind of information and knowledge then it is easy. However, if you are deprived of such great information, then you might find it difficult. Luckily, you have landed on the right page, here we grow One Cent at a Time. Given below are ten budget friendly substitutes for your day-to-day expenses.
Earlier I mentioned how smart phones can help you in managing your personal finances. Today we’re going to talk about the different apps that will help you save money if you’re using a smart phone.
Now, some of these apps are currently installed on my iPhone, while the others are contributed by SMB, my friends and colleagues.
A week back I received a letter from T Rowe Price in my mail box telling me about a fee increase which is to be in effect starting September. T Rowe will assess an annual fee of $20 for mutual fund accounts having balance less than $10,000. I have four mutual fund accounts with them, with none having that kind of balance, so starting from September 1, I would have required to pay $80 per year towards fees (Account service fee, fancy name). Good for me that the ways to avoid the account service fee was also mentioned in the letter.
Only one way I could have had avoided the fee was to go paperless on statements, trade confirmations, prospectus and shareholder reports (other way was to make combined balance worth more than $100,000, oops.. so close). This is true with almost any financial institution these days. All of them offers paperless features. Not only they save you money, but also they are environment friendly.(Read – 101 ways to save energy and environment).
Other areas where you can go paperless are your bills and receipts from in-store shopping. We need to keep all such documents for year-end tax filing purpose. If you itemize your return you should have those receipts ready for IRS audit, should it happen.
