Want to improve your financial situation, live with less stress, and have more money for things that are truly important to you? I think we can all answer “yes” to that. An important step is to spend less and save more.
In a lot cases that’s easier said than done. But fortunately there are many realistic and practical ways that we can save money in our daily lives, starting today. And many of these methods aren’t even painful or difficult, they just require some simple changes.
In this article we’ll look at 101 different ways you can go about saving more money. The money that you save can be used to pay off debt, invest, save for retirement, save for a family vacation, or even given to charity.Continue reading
Managing money is one of the most important tasks in life. It doesn’t matter if you make a little or a lot, you can still go broke if you’re not respecting and taking care of your money. Want to retire comfortably? Now is the time to start planning and saving. Fortunately, there are many helpful blogs that cover all aspects of personal finance. These blogs are excellent resources for learning, getting motivated, and for helping you step up to the challenges in your own financial life.Continue reading
No one likes paying taxes, but we all like it when we get a nice refund from the IRS. It feels like free money, so it’s easy to wind up blowing it or using it inefficiently.
Although a tax refund may feel like free money, it definitely isn’t. Getting a big tax refund just means that you paid in more taxes than you needed to throughout the year, and you essentially gave the government a free loan. If you get a big refund every year and you’d like to take home more of your pay throughout the year, you can adjust your withholding by filling out a new W-4. Contact your employer’s Human Resources department if you need assistance.
Now that we’ve got that covered, let’s move on the fun part of the topic – how to use the money that you’re getting from the IRS!
Ok, so a lot of the suggestions in this article may not really be that exciting or glamorous, but if you want to use your money responsibly these are all good options.Continue reading
When it comes to saving money or making money, I love easy wins. Things like changing my cell phone carrier and cutting my bill in half, or shopping at a discount grocery store to save significantly each week are some of my favorite ways to save money. I don’t have to do very much at all, and it keeps my expenses down without negatively impacting my life. One of the easiest ways I’ve made or saved money is through credit card rewards. I use a credit card for just about everything. On any given day (including today while I am writing this article) I probably have $0 cash in my wallet.Continue reading
A mortgage is one of the largest expenses every month for most families. For many of us, the feeling of having a large debt for 30 years is unnerving. Of course, owning a home is preferable to renting in most situations, so having a mortgage is pretty much just a fact of life in our society. A few years ago my wife, Crystal, and I decided to pay off our mortgage, and that decision obviously didn’t come without a lot of thought and discussion. While I have no regrets about paying off our mortgage and I’m very happy to be living mortgage free in my 30’s (now very late 30’s, unfortunately), there are some other factors to the topic that I’d like to cover in this article.Continue reading