Best Finance Personal

As parents, the children will do. Summarized in the popular saying, extrapolation, “As the Father, the Son as” the truth is some of what we do as parents, our children will be taken into account in their adulthood. So instill good habits now to benefit fully.

Continue reading ‘How Do I Teach Them About Budgeting And Saving For Your Children’ »

A friend of mine has had this ongoing feud with her mother.

She says she does not make enough money to save for her future and that saving is pointless as anything you put in the bank is eroded by inflation anyway.

Her mother is scandalised by this notion as she firmly believes Benjamin Franklin’s maxim that a penny saved is still a penny earned. Actually more once you consider taxes. Continue reading ‘Running on Empty Financially’ »

Almost everyone is struggling to cope financially during this current recession. Prices on everything are increasing and wages are not being increased to help us cope during this economic squeeze.

In view of this, is there anything that we ourselves can do to award ourselves a pay rise?

The answer is yes there are things that we can do to help create extra funds to pay our household bills. All we need to do is to examine what we spend on a daily/weekly business and see whether there are any things that we can eliminate or reduce on to create the extra funds. Below are some tips on some ways that we can reduce on costs. Continue reading ‘7 Top Tips On How To Save Money’ »

One of the best things you can do for your financial situation would be to save money every month! I personally recommend that you save at least ten to twenty per cent of your monthly pay to see some really good results. I know that this amount is not the law, and would be altered to suit the different circumstances available, but the main thing is to save. At all costs, save money every month!

Saving has been defined by many people, but there is one particular definition that I like, and it simply says: saving is the act of paying yourself. Since you practically spend all your money paying others for their goods and services, then you would welcome the idea of paying yourself too, I bet – and hope, too. However you might be wondering why the hullabaloo, and why is it so important to save in the first place.

I am going to give you a brief introduction to the many reasons you can have for saving money. Continue reading ‘Why It’s Important to Save More Money Every Month’ »

I’m by no means a certified financial planner, nor had I acquired any form of paper qualification in this field. Something just came pop up in my mind, and we just had this discussion on this topic, and I though it might do some good to those that are interested. This is just the tip of the ice berg on the topic, but that’s what I know, and would just like to share with the rest.

So here it is. Enjoy ^_^

Everyone should have a retirement financial plan. For those that haven’t in their wildest dream ever though of it, it’s still not to late to start now.

A retirement plan is a plan that plans for when the time comes, and when you are no longer working, how much is the amount that you need to survive. Some named it differently -achieving financial freedom- which actually means the same thing as, maintaining the current lifestyle without having to worry about work. Continue reading ‘Retirement Planning’ »

With today’s economy, a lot of people are finding new and creative ways to save money without sacrificing the foods and products they have come to love and enjoy. When money is tight, it can become hard to justify the luxury or fun things that you used to buy without even thinking about it. There is hope though, if you have patience and can think outside of the box. Many people are discovering that there are creative ways to save money on those items they love. One of the most disregarded ways to save money is by using rebates.

It’s unfortunate that many consumers ignore rebates because they are in reality a fantastic way to save large chunks of money on items that you typically wouldn’t think of buying because they’re too expensive. If you’ve never really used rebates before, they are a way for the company to capture some information about the people that are buying their products, and in return, they will refund some of the money that you spend to buy the product. If you’re smart you won’t wait until too long before mailing your rebate or simply ignore them like most people. Continue reading ‘Have You Forgotten the Easiest and Most Overlooked Money Saving Tip, Using Rebates?’ »