By financen | November 22, 2017 - 6:04 pm - Posted in Money and Banking, Save Money, Savings

Here are the leading tips for saving money on your next broadband deal.

1) Bundle Items:

The best way to go is to set up a broadband bundle because it will reduce the rate you end up paying. For example, do you have a TV and home phone deal with the same supplier? What about your mobile phone? This is an excellent way to bundle them together for a cheaper deal. However, the one issue is you will not be able to compare prices while doing so. This is why you have to keep an eye out for potential discounts.

2) Compare:

It is important to look at the options out there for your needs.

Are there other cheaper Internet providers in the area? Use a price comparison site to help out and make your life easier.

Some of the ISPs you should be researching include Sky, TeleTalk, Plusnet, EE, BT, and Virgin Media. Check uSave for the best prices.

3) Increase Contract Length:

This can be a good idea for those who are setting up their contract. You can aim for a longer term as this settles the agreement and makes it easier for the supplier to reduce your rate. They will want a customer for longer, and this is the best way to entice them to lower the price. For example, you could end up getting a far better deal on an 18-24 month contract in comparison to a monthly agreement.

4) Decrease Broadband Speed:

What is the maximum speed you require? You can look to aim for a lower Mbps speed as it won’t cost as much. It is all about recognizing the speed you need and what they are giving to you. Some may market a higher speed but deliver far less making it useless to pay more. You need to think about fiber rollouts too and ensure this is incorporated into what you are getting at home.

5) Assess Usage:

Cheap broadband deals tend to reduce your download limits or don’t give you a high allowance. ISPs aren’t going to put restrictions in most cases, but it can happen so keep an eye out for this as soon as possible. You don’t want to get duped with a proper limit that isn’t in line with your usage patterns. For example, they may end up giving you only 1 GB per month when you need a lot more. This is why you should go for an unlimited package as it will save you a lot of money that may have gone towards usage costs.

6) Find Deals:

You need to look for monthly deals that are appealing and targeted towards new customers. This is how you can get a better deal at the “true cost.” You want to think about all costs such as installation, activate, hardware, and delivery before figuring out what a fair deal is.

This is where a lot of people look for freebies such as free routers in the deal. This can be an excellent way to save.

7) Find Hidden Fees:

Are they putting hidden fees in their agreements?

You want to look for these details before you are docked extra money for moving properties or getting a new line. This is something you should be looking to negotiate with customer service before they charge you. If not, you should look to go with someone else as soon as you can.

Always compare rates and see what they offer for free.

8) Aim for Freebies:

Always look to get your hands on freebies because they will offer them to you in a good deal. Things such as tablets or game consoles may be up for grabs if you look for them. This is great for those who want to get a cheaper deal and may like the idea of a freebie. Even if you don’t want the freebie, you can flip it for cash down the road. This can help reduce the rate you are paying even more!

By financen | October 11, 2017 - 4:44 pm - Posted in Money and Banking

While the recent global economic downturn affected the United States real estate market particularly hard, no nation in the world was really immune from feeling its effect. America never closed for business, however, and now many argue that is has rebounded to the point that exponential growth will begin to be realized sooner rather than later. Much of this growth will be seen in the real estate sector, as stalled building projects resume, and massive plans for renovation begin to take off once against in earnest.

Real Estate Continues to Rock the Investment World

Just a year ago, industry estimates revealed that more than seven percent of all residential real estate activity in the United States was being funding with investment dollars from abroad. Investors from Mainland China accounted for more than $15 billion in this industry alone. It is estimated that this figure will continue to grow by 20 percent annually over at least the next decade. Much of this renewed interest from overseas investors interested in the American real estate market can be attributed back to the global economic downturn. Many of the investors of the world have lost money via currency depreciation in their own country, so they are looking to the United States as a safe haven for their money, and real estate is seen as a good sector to begin. The interest is ripe in terms of residential homes, second homes, commercial properties, and medical facilities. In short, the real estate crowdfunding platform is not only service to get many projects off the ground, but the money flowing in is spreading the potential wealth around the globe.

Fundrise Reviews reveal that the coming years will be exciting for real estate crowdfunding platforms, both domestically and internationally. The world continues to grow at an unprecedented rate, and there are many real estate projects just waiting to get off the ground. While some stricter regulation will likely come into play and countries begin to deal with this influx of money, the reality is that international investors have another option to look forward to and consider. The number of platforms operating in foreign countries should continue to grow, as should the amount of foreign money coming into the American real estate market.

Average Investor Are No Longer Left Behind

The beauty behind this type of investing is that average people can now get involved in massive real estate projects. Fundrise and other crowd funding platforms operate on the notion that real estate investments should be open to the mainstream global population. With a Real Estate Investment Trust (REIT), it is possible to own a stake in virtually any type of real estate property imaginable. With pools of investors coming together, projects are more easily funded as well. This has the propensity to revolutionize the manner in which new projects and remodels are completed moving forward.

If you have been looking for a way to invest in real estate, you will want to give this method serious consideration. Funds are stable and there is a wealth of information available online to help guide your investment decisions. Talk to your financial advisor or speak about it with other investors who have already gotten involved in crowdfunding to see what the fuss is all about.

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By financen | October 8, 2017 - 4:34 pm - Posted in Money and Banking

Children start learning from the age of 2 or 3; they learn from the environment they grow up. Responsible parents provide them with a healthy learning environment and instil an enthusiasm for learning into them.

But there’s something that even the most responsible of them tend to ignore, which is, teaching kids about money. According to child psychologists, kids should be taught about money from a very tender age.

A tabula rasa

Such is the mind of a child, and what’s intriguing is the initial scratch marks that disturb the blank state, stays there forever (Maybe not forever, but for a very long time). Whatever education a child receives, be it good education or bad education – stays with him.

If parents are extravagant or irresponsible with money, so would be their kids. The learning styles of children are unique, their learning circuits are more active than their parents could imagine. They learn from everything around them. So parents need to act responsibly with money, and follow the tips given below:

Play money games

One way to make kids responsible with money is playing games with them – games that are apparently silly but has a deep and sublime lesson to deliver, a lesson that relates to money.

One such game is coin identification. The game is played with toddlers, who learn to distinguish between nickel, dime and cents. Kids remember the names of the coins and the symbols on them.

Games that involve savings are more helpful; those games should be played with 5-year olds. Kids should be given a target of savings. If they succeed in meeting the target, rewards should be handed to them. Rewards serve as motivation. Playing such games at an early age can turn kids into habitual savers when they grow up.

Affordability signals

Kids have an innate ability, they can sense anxiety, disapproval, anger and other negative emotions in adults. They even react to those emotions. If parents display negative emotions while dealing with money related matters, kids will learn it, which is why, parents should never give negative affordability signals.

What type of signal is negative affordability signal? Kids often ask for toys or superhero costumes, which are expensive; their requests meet with rejection. When they ask parents why are they not buying the stuff, parents reply they can’t afford it. Such replies are negative affordability signals.

Instead of giving such replies, parents should tell their kids that they can buy it, but choose not to buy because there are better and wiser ways to spend money. What are those ways? You may ask. This takes us to our next point:

Good and bad investment

Children should be taught about good and bad ways to invest money, so that they don’t take wrong investment decisions later in life. When conversing with an adult, you can describe an investment as good or bad investment in terms of the result it produces – profit or loss. But with kids, you need to take a separate route.

Describe safe investments as good investments and unsafe investments as bad investments. This is by far the most logical way to categorize investments. Tell stories to your kids and let them process those stories.

Tell them stories of stock market investments, how sloppy investors ended up broke overnight. Tell those stories to your kids painting risky investments as bad as safe investments as good. But there’s a risk that such stories will make them risk averse. How to eliminate the risk?

Struggle and wisdom

You can eliminate the risk if you connect money to struggle and wisdom. Teach your kids the truth about money, that earning money requires a lot of hard-work and wise investment decisions.

True, there are shortcuts, but shortcuts are either ethically wrong or legally wrong or both. Your kids may have a penchant for quick ways to earn money and the media and the pop culture may fuel it, but if you convince him that choosing shortcuts can never lead to financial freedom, then he might eventually suppress his proclivity for shortcuts.

Once again, tell him stories of successful people whose struggle and perseverance have led them to success. Such people are Warren Buffet, Bill Gates, Chris Gardener, Steve Jobs, etc. Buy your kids books that highlight on the motivational aspects of rich people, so not only their wealthy lifestyle but the ladders they climbed be known to your kid.

It takes time

The purpose of teaching kids about money is make them equipped to handle money-management in their adult life. This is a complicated process and will take time. Responsible parents need to act patiently and monitor the progress. The tips given above can be of help.

Article contributed James Paul – A personal finance blogger at Basic Finance Care, who loves to write about money management and saving habits.

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By financen | June 25, 2017 - 3:23 pm - Posted in Money and Banking

Many people dream of breaking out from the day-to-day job they currently have and becoming their own boss because of the promise of making more money and being in charge of their own lives. You know, a lot of those people end up back in a 9-5 job within 3 years because they didn’t have what it takes to make it as a business owner. Sure, a lot of people start and run successful businesses, but if you aren’t interested in taking a jrisk you might want to consider how you can make more money in the job you have right now. Here are three ways you can make more money in your current role, without having to get a second job.

make money onlineBoss for a Raise

Yeah, yeah. It sounds so simple. Imagine if you could just walk up to your boss and ask for more money. Well, why can’t you? Get a good pitch together, list some recent accomplishments, talk about how hard you have been working for the company, talk about your loyalty and dedication, and just ask for the raise. It’s best if you have a dollar figure in mind. What’s not best is if you lay a sad story on your boss about how you need to make more money or you’re going to have to file for bankruptcy. Your boss doesn’t want to hear about that; bankruptcy firms like Doyle Salewski wants to hear about that, but you boss doesn’t.

Ask for More Responsibility

I once worked for a doctor who paid a cleaning company to come in once a week and clean the office and exam rooms. I approached her and asked if she would pay me instead. So once a week I would stay for a few hours after hours and clean the office. It was a decent amount of money and really helped to pad my bank account. If you take on more responsibility, make sure it is clear you want to be compensated for it.

Find a Gap and Fill it

One way to make extra money at your current job is to tap into skills you might not even realize are worth money and offer to act as a consultant to your current employer. You can bill them for the added work you do, and you never have to leave the office to make more money. It’s best if you have a clear contract in place when your employer becomes your client, and there are some risk factors at play here, but if you are serious about it, consult a lawyer and make your contract tight. Instead of paying an outside firm to consult, they can pay you a little more money and get way more in return.

Before you go knocking on doors looking for a part-time job, start with what you know. I once approached my boss and said I was going to look for a part-time job, but thought I would ask if he needed any additional work done around here that he was thinking of hiring someone to do. If you have a multitude of skills or experiences to draw on, like I did, you can land yourself in a better financial situation in no time.

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By financen | April 16, 2017 - 10:43 am - Posted in Credit, Money and Banking

When you’re fresh out of college, you are ready to start doing big things like get your first “real” job and buy your first home. You may need to buy a car, or you may want to start your own business. But in order to do some of those things, you’re going to need financing, and as a young person, you’re likely to find the process difficult and maybe even a bit confusing. You may start having this problem even earlier, like when you try to get financing to pay for college or to buy a car.

It’s important that you know what to expect with financing. Here’s a look at some of the most common financing types to help you understand where to start and how to build your credit:

Short-Term Loans

Short-term loans like installment loans online are a common source of funding for students and other young people. Some short-term loans cause more trouble than they’re worth, such as payday loans that have excessive interest rates. Installment loans are personal cash loans that have minimal requirements. You don’t have to have any credit – you just have to have a verifiable source of income and some other documentation. You can get small amounts – up to $1,000 or more, depending on the lender – which you can use to handle emergency needs, like fixing your car or making up the difference on a semester’s tuition.

Credit Cards

Credit cards are another popular form of financing for young people since they are easily obtainable. Some providers want you to have a little credit history before they will approve you, but others provide cards with low credit limits for those with no credit. Gas cards and store credit cards are the easiest to get, and they usually have limits of just a few hundred dollars.

CreditCredit cards are also popular because they give people the freedom to buy whatever they need. However, students often overuse credit cards, so they should exercise caution with them. The high interest rates make it very hard to pay them back. Getting that first credit card can be an easy way to build credit, but if it’s misused, it can also bring down your credit.

Student Loans

Student loans used to be easier to get, but with so many defaults and the weaker economy in recent years, lenders have gotten tougher. You’ll most likely need a co-signor like a parent who has great credit to get approved for a student loan. You won’t have to pay anything on the loan while you’re in school, but six months after graduating, you could be looking at some hefty bills.

Fortunately, interest rates are typically low on student loans, but the monthly payment can be quite high if you borrowed a lot. You’ll have the ability to get on a structured repayment plan or to defer your payments if you find yourself struggling, but student loan debt can almost never be discharged. That means you’ll be on the hook for that debt until you pay it off. Borrow wisely.

Auto Financing

If you’ve used credit cards responsibly during your time in college, you may have enough of a credit history to be approved for auto financing to buy a car. Lenders will also consider your income when they review your application, so if you have a nice-paying first job and you have some credit, you have a better chance of getting approved for a moderate loan. But if you’re trying to buy a BMW on an average starting salary, you can forget about it.

Mortgage

Mortgage

Buying your first home is a momentous occasion, but you’ll have to have a lot of credit history to get approved. Mortgage lenders take a fine-tooth comb to your financial portfolio when considering your application. They will look at your job history, your credit history, your outstanding debt, and other financial issues. You must have a good history, a strong down payment, and a low debt-to-income ratio. The best thing you can do when you get out of school is start saving for your down payment and be sure to borrow responsibly.

Building your credit can be easy, but you have to take it slow. Start with small cash loans when you have an emergency, and use other credit cards and loans strategically to get what you need while building a positive payment history.

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By financen | February 15, 2016 - 4:21 pm - Posted in Money and Banking

Nowadays, many people are interested in starting their own home-based business and make good amount of money. Normally, a person will work two to three professions in his work life. People who leave their career behind tend to start their own business at home.

Many people who have been a part of conventional labor force are on the brink of retiring from that routine and now they have their plans open about which direction to go for in the near future. Fortunately, anyone can start a business from home and feel the adventure. Below are some good examples of home based businesses you can start on your own.

Home repair service: Many homes usually face the common problems of dripping sinks, back logged water drains, broken appliances and a variety of other problems. Many of us don’t have the time or knowledge about how to deal with these problems. If you are an expert with your hands and have a good amount of knowledge on home repair, then you can start this business of home repair services. And to get more clients, you can charge less from the professionals in your area. Your target will be on how to save more money for people. The more you save for them; you will keep getting new clients. To start with, you need to have a good set of resources and a large vehicle for transferring your equipment.

Organizational Specialist: Sometimes you will notice messes and clutter in many houses and firms. If you feel interested, then you can start your own business as an organizer. There are many books available on arranging things properly and how to keep things in place to get more free space out of it.

Collect materials about this job niche: To get started, you can practice this skill on your friends and family for a little fee, and once you get your knowledge and experience, you can sell your skills to other people. Make sure that you get some good testimonials from your friends and families whom you have helped. You can also buy and mark up prepared good, or get in touch with craftsmen, to set up closet organizers, racks, and other furnishings.

Online content creator: there are many companies who have their business online and they are always in the need of new articles and blog posts for their websites. As a content writer, you can write up articles or posts for their websites, bringing up professionalism, trust or creativeness.

Web designer: web designers are needed for website development services. If you are experienced in this industry, you can offer it as a standalone service. It is important to have a collection of all your works as a web designer so that you can show it to your clients and advertise your services.

Flea market sales: flea markets are just like a garage sale. If you enjoy garage sales, you can consider it as a business. You can market many items such as crafts or merchandise for resale. There are many marketplaces where you can sell your skills like car detailing or antique restoration.

These are just a few examples of the many home based businesses that you can easily start sitting at the comfort of your home.

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By financen | December 23, 2015 - 4:03 pm - Posted in Coin, Investment, Money and Banking

Diversification is a core investment principal. The old saw that there are old pilots and bold pilots, but no old bold pilots can be applied to traders. Other than stocks, what are other effective ways of making money? Bonds, commodities, cash? These instruments do not seem to be much appetizing at the moment.

Alternative investments can be the best and worst of investments. This is the zone where an offer of a piece of Brazilian jungle, carbon credits or funky real estate can lead investors astray.

One of the best classes of alternative investment is numismatic coins. They have the following benefits:

Low correlation to other assets: Numismatic coins have kept up a 7% annual compound rate of growth for as long as you care to look back. A coin that was $100 in the past during depression is now $20000. There is no asset that is free of correlation but the main correlation for numismatics is general money supply with an underlying link with fear. During the credit crunch when people were pulling their cash from British banks, coin dealers were as busy as the vendors of safes.coin

Inflation hedge: Coins are very helpful in beating inflation. A Triple Unite from 1646 that was about $10000 to its original owner is now worth anywhere between $80000 to $150000. This is about 3% above the rate of inflation over the last 368 years. Inflation is an increasingly mysterious number. Many people believe that their grocery bills and the constant rise in price do not match the stated inflation numbers. The prices of the hard assets are always going up. This is counterbalanced by a mixture of “soft assets” deflation, questionable statistics and agricultural subsidies.

High portability: Unlike dollar bills, many are not trained to sniff out collectible coins. You can put a multimillion dollar collection in your pocket and go away. Some people believe that bullets are a great alternative investment.

A global market with auctions: Alternative investments tend to be illiquid, just like coins. You can sell the items quickly to a dealer, but the bid/offer on that isn’t too great. Coins are for the investors who are patient and an auction is a solid venue for them.

Coins have a great history of being valuable assets: Coins have a good track record of being desirable assets. They have been collected by popes and emperors, and have been a pastime of the rich for centuries. They provide a good demand in the resale market.

Numismatics is not the only collectible with good investment and diversification attributes. You will find them in the form of stamps, banknotes and many other obscure and/or fascinating genres like film posters, toys, china and other art virtue. Almost everyone has the same reasons to collect coins. If you put all your financial eggs in one investment basket, your probability of loss is concentrated. Collecting is a fine way of spreading your investment risk.

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1) Paying yourself every week : – this is perhaps one of the best way to start budgeting for yourself. You can do that on a weekly or a daily basis. Keep aside $25-$50 or any amount of your choice and put that in a safe place. This is an amount that you are trying to save from your budget and use it later. So you won’t touch this money unless or until there is some serious emergency and you are in dire need of money. This kind of saving money will also help to minimize or eliminate your impulsive spending habits. By saving $50 every week, you can actually save $200 in a month and $4800 in two years. Of course this is not including the interest, but still this is a good money-saving opportunity.

2) Minimize your shopping habits : – people who love shopping very frequently can actually save a lot of money every year if they minimize their shopping habits. Before you spend money on anything, you must ask yourself first whether you really need it or not. Many a times, people buy things that is actually not required urgently, and therefore it leads to wasteful spending. One pair of jeans, a sweater and one pair of shirts can be enough for a few months, so just buy what you absolutely need and pass on those items that aren’t necessary.

3) Use your bank’s own ATMs : – it is always recommended to withdraw money from your own bank’s ATM machines. Whenever you withdraw money from other bank’s ATMs, they will charge you a fee. This can build up to a good amount in a year, just in fees, which can be easily saved.

4) Keep an eye on your spending : – it is a good idea to track your spendings on a daily basis. Write down every single dollar you spend. This will give you a “birds-eye” view and see where your money is exactly spent on a regular basis. You can refine your spending habits seeing this list and essentially save more money from your regular expenses.

Financial planning

5) Keeping your credit card balances to the lowest : – On an average, most of the credit card companies charge 15% – %20 in interests and fees, if the outstanding balance is not paid in full every month. Therefore it is important to pay off those pesky credit card dues as soon as possible.

6) Using your debit cards regularly instead of the credit cards : – Get in the habit of using your debit card rather than using your credit cards. Debit card is linked with your checking account, so whenever you make any purchase, you are sure of having that money in your checking account. Using a credit card can be quite expensive if you are not able to pay the full amount within the due date.

7) Rolling over the 401K when you are in between jobs : – Whenever people are changing jobs, they will be in a situation whether to roll over their retirement funds or to withdraw it since it is a good substantial amount. It is always suggested not to withdraw the retirement funds because it is that money that can be used in your old age. Moreover you will have to pay fines and penalties for an early withdrawal and it will take away almost 40%-60% of your savings. This is like giving your hard earned money to a stranger for nothing.

8) Avoid getting too many credit cards : – People having multiple credit cards and if they are not able to pay the amount in full are getting charged in more interests and fees by different banks. A person having just one credit card is in a much better situation than another person who is having 5 or 6 credit cards because he is paying more money in interests and fees. It is good to have one or two credit cards because it will help you to build credit and used during emergencies, if these credit cards are managed properly.

9) Checking your credit report at regular intervals : – it is always recommended to check your credit report once in six months. In many cases, credit bureaus are reporting inaccurate negative information on consumer’s credit report. This can often hurt your credit scores. If you find any inaccurate information on your credit report, get it solved with the credit bureaus to improve your credit ratings. Many a times, people are not aware about the unsettled accounts, or accounts that are still open/active when they should be closed. Pay attention to these items when you are checking your report.

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It may be the season when the pumpkin spice lattes when the leaves are changing. The holiday shopping rush is not too far away. You may be getting ready to prepare your gifts list, there are a few tips that will give you a head start and keep your budget intact.

As per the National Retail Federation, holiday sales are expected to increase 3.9% to $602.1 billion in the month of November and December. This number is a little bit higher than the 2012 3.5% rise in sales, and the forecast is also above the 10 year average of 3.3% growth. This NRF forecast is deeply blending the confidence of the consumers, consumer credit, disposable personal income and monthly retail sales releases.

Experts believe that this season’s spending increase is nominal, and many companies are also seeing average spending on the uptick, at about $160 per person this year. The shopping season stretches for a longer duration over the next few months leading up to the holidays.Money

This is that time when you can use it to your advantage. You can start purchasing from now onwards so that you don’t have everything bundled up in November and December. It will create a big pressure in your wallet.

There are a variety of shopping deals during the holiday season. The first set of deals start rolling out in September and October on apparels. This year you can expect many good deals on apparels due to weaker back-to-school shopping period. Put your hands on the layaway programs as early as possible. Go out and buy the best toy for your child at a much cheaper price.

Once the clothing sales are over, the prices on electronic goods will start going down. This will happen sometime around Thanksgiving. You can expect the maximum savings on that particular day. You can also save a good amount of money on Black Friday and Cyber Monday. Many companies offer lucrative deals to entice the consumers to come off their couch and get into the store.

The final sale starts in the month of December around Christmas time. This is the time when stocking stuffers put their items on sale. You will get good deals on different accessories along with consumer electronics.

This year mobile companies will also do good business from the previous years because they will allow their customers to shop from anywhere and anytime.

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By financen | November 9, 2014 - 8:20 pm - Posted in Money and Banking, Retirement

You’ve worked hard every day for decades, so you’re ready to relax and enjoy your retirement years. Retirement is a great time to focus on your interests and spend time with the people you love the most. However, unexpected expenses and higher costs can sometimes affect your retirement plans. If you’re looking for extra money, consider these ideas that work well during retirement.

  • Put Your Passion to Work

You’re done working full-time, but that doesn’t mean you can’t bring in any income during retirement. In fact, you won’t even feel like you’re working at all if you put one of your interests or passions to work.

For instance, if you miss being around your grandchildren, you can earn some extra cash babysitting for local families on weekends. If your friends and family members rave about your cheesecakes, try offering some for sale during the next holiday season.

  • Consider Reverse Mortgages

A reverse mortgage is a type of loan that was specially created for seniors in their retirement years. When you sign up for this type of loan, you will receive money each month instead of having to make a mortgage payment.

Best of all, you don’t have to make any payments as long as you continue residing in that home, and your Social Security and Medicare benefits will not be affected by the money that you are receiving.

Many borrowers love the peace of mind that comes from knowing they no longer have to make mortgage payments, and this brings a significant amount of money back into your monthly budget. money

  • Reduce Expenses

Finally, you can keep more money in your pocket each month simply by reducing your expenses. You want to be able to enjoy your life, but you can likely find some budget areas to trim while still maintaining your standard of living.

Start by taking a look at your recurring monthly expenses. Maybe you can reduce your cable bill to a more basic plan or cut long distance calls from your home phone since you normally use a cell phone. When you are able to reduce your recurring expenses, you’ll enjoy the savings every month.

When you don’t have to worry as much about finances, you will be able to enjoy your retirement instead of analyzing every dollar that you spend. Financial freedom should be one of the best parts of your golden years!

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By financen | October 23, 2014 - 6:40 am - Posted in Money and Banking, Save Money, Savings

If you can learn how to save money, then you will know how to spend wisely. It is an art of knowing on what you need to spend necessarily and not on what you want. Many a times, we spend a lot of money on different things that are not practical and are bought on impulse. There are some practical tips that will help you to avoid such unnecessary spending.

        1. Going for second hand items – There are some items like furniture or curtains that can always be bought second hand. As long as your personal hygiene is not in question, you can always go for used items. It will save you a lot of money.

      2. Stop doing unnecessary expenses – Many people like eating out in fancy restaurants or going to their favorite coffee shop. You can save a lot of money if you can skip going to these places. This will also enhance your culinary skills that you never thought you had.

       3. Stop going to places where you feel tempted to spend – Many people like going to the malls and see all kinds of fancy items that will tempt you to spend. Before you can realize anything, you might have purchased many items that were not at all necessary because the saleslady sounded so convincing. If you want to save money, then you need to stop going to such places where you feel tempted to spend.

      4. Finding out ways for practical entertainment – Many people like watching movies or listening to their favorite song, but that does not mean that you have to spend every time on the matinee shows or go to see a concert only to see the artist singing your favorite song. Many movie studios do free advanced screening to promote their film. You can also try to get free tickets for night shows and watch your favorite movie. And if you want to hear your favorite song, go online and download it free of cost.How-to-Save-Money

It is not at all tough to find ways of saving money. Instead of going to the store, you can try online shopping where you get good discounts and other items at a cheaper price. When you are able to buy things online, it means that you don’t have to drive and burn fuel. If you are a student or you go to work every day, then you can talk with your colleagues and arrange a carpool. This is another good way of saving money in gas and parking fees.

There are many other ways of saving money in your everyday life. No matter, how much you save, always remember that a penny saved is a penny earned.

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