Social Security: How to Maximize Your Benefits
Discover essential insights on Social Security from financial expert Suze Orman and others, offering a roadmap to secure and maximize your retirement benefits amid the system’s future uncertainties.
Saving
Master the art of saving. Discover practical tips, strategies, and tools to help you save money effectively. Learn about different savings accounts, emergency funds, and how to save for major life events.
Save Money Without Sacrificing Quality of Life?
Do you feel like your budget is stretched too thin to cover all your expenses and still have enough left over for a little luxury or enjoyment in life? You’re not alone. Many people find themselves stuck in this perpetual struggle between saving money and living comfortably. Luckily, there are ways you can save without … Read more
A Fresh Look at Financial Readiness at 70
In a world where the golden years of retirement are no longer bound by the conventional expectations of yesteryear, how much does the average septuagenarian have tucked away in their nest egg? This is not just a question of numbers but a reflection of the changing landscape of retirement, aspirations for leisure and adventure, and … Read more
Understanding the Safe Harbor 401(k)
The Safe Harbor 401(k) offers a host of advantages to both employers and employees, from avoiding complex non-discrimination testing for employers to guaranteed employer contributions for employees. Like other 401(k) plans, Safe Harbor 401(k) plans also offer tax advantages.
The Frugal Millionaire’s Path: Wealth Creation for the Everyday Investor
In “The Frugal Millionaire’s Path: Wealth Creation for the Everyday Investor,” we delve deep into the essence of financial freedom and the journey toward achieving it. The principles outlined in my book, “The Frugal Millionaire: Wealth Creation for the Everyday Joe,” serve as the foundation for this enlightening exploration. This blog post aims to translate … Read more
A Practical Guide to Collective Money Management
Cooperative finance is built on the fundamental principle of mutual aid. In essence, it is a system of financial management where individuals come together, pool resources, share risks, and collaboratively make decisions on how to grow their funds
Save Money on Digital Subscriptions
In today’s digital-centric world, subscriptions have become a ubiquitous part of our daily lives, granting us access to a world of content. Yet, these convenient services can quietly strain our finances. This guide aims to equip you with strategies to enjoy digital media without overspending. Research and Compare Prices Next, lets look into maximizing free … Read more
Mastering Online Deals and Coupons
Greetings, dear readers! I’m Sofi Abdurahman, usually your guide through the intricate world of sustainable business and environmental economics. Today, however, we’re taking a slightly different path – one that’s equally important in our journey towards a sustainable future. I’m excited to share with you the art of mastering online deals and coupons, a skill … Read more
Zero-Based Budgeting: Giving Every Dollar a Job
Welcome, dear readers! Today, let’s tackle a budgeting method that can help us gain more control over our finances. It’s called zero-based budgeting. Zero-based budgeting is a method where your income minus your expenses equals zero. But don’t be alarmed – zero in this case doesn’t mean empty pockets! Instead, it means that every dollar … Read more
Making Major Purchases Without Sinking into Debt
The financial landscape poses challenges for many Americans, with 55% unprepared for major expenses. Managing big purchases involves personalized saving methods, quality investment, prudent research, and avoidance of impulsive buys. Creating a designated account, utilizing savings tools, and considering long-term value are key strategies. Anticipating and planning for significant expenses ensures financial stability and peace of mind.
The Savvy Diner’s Guide to Saving Money
In our fast-paced world, the convenience of ordering takeout or delivery is undeniable. Whether it’s a busy workday or a lazy weekend, sometimes cooking at home just isn’t on the menu. However, the cost of ordering out frequently can add up quickly, making a significant dent in your budget. Fear not, though! With a few … Read more
Digital Coupon Clipping: Maximizing Savings in the Online Era
In the ever-evolving landscape of e-commerce, the age-old practice of coupon clipping has undergone a digital transformation. Gone are the days of meticulously cutting out coupons from newspapers and magazines. The digital era has ushered in a new wave of online coupon clipping, offering savvy shoppers a plethora of opportunities to save money with just … Read more
5 Quick Hacks To Trim Your Spending
Here are 5 quick hacks to trim your budget this month: Even small tweaks like these add up over a month and help you rein in your budget. Give some a try this month!
Overcoming Investment Anxiety
Money, for many, is not just a physical entity but an emotional construct, woven with dreams, aspirations, and, quite often, fears. In the landscape of personal finance, investment becomes a peak often admired from afar but seldom scaled. The paradox here is profound: people yearn for the growth that investment can bring, yet they remain … Read more
Riding the Ups and Downs of the Market
As an investor, market volatility is inevitable. Prices of stocks, bonds, and other securities routinely experience shifts—sometimes minor, sometimes dramatic. As much as we may try to predict market movements, the reality is we can never fully anticipate or control short-term fluctuations. When faced with volatility, it’s essential for investors to keep perspective, remain patient, … Read more
Teaching Kids about Money
As a mother, I have come to realise that one of the most important life lessons we can impart on our children is financial literacy. Picture this: if we consider life as a complex puzzle, then understanding money is like having the corner pieces. They’re not the whole picture, but they give you a place … Read more
Polyamory and Personal Finance
the nuances of budgeting, expense tracking, and long-term financial planning in polyamorous relationships, uncovering both the challenges and strategies for managing money in a multi-partner dynamic.
Recycle, Reuse and… Save Money?
In a world increasingly concerned with sustainability, the traditional mantra of “reduce, reuse, recycle” has become a standard. However, the potential of recycling extends far beyond the blue bins and community centers. It’s about creatively repurposing what we have in ways that benefit our planet and our wallets. Let’s embark on a journey of discovering … Read more
Retirement Planning Advice for Self-Employed Parent
Could you offer some advice on what retirement savings options are available to self-employed individuals like me? And how should I prioritize my savings between retirement and my kids’ education?
10 Financial Fallacies That Are Keeping You Broke
Fallacy 1: I Don’t Earn Enough to Save The truth is, saving isn’t about how much you earn, but about how you manage what you earn. Even if your income is low, developing a habit of saving even a small amount regularly can add up over time. Fallacy 2: It’s Too Late for Me to … Read more