How Does Money Remittance Differ From Other Forms of Money Transfers?

running out of money in retirement

Here in the digital age, there are a lot of things about life that are so much easier and more convenient, and transferring money from place to place happens to be one of them thanks to the many ways we can move money around digitally. However, you shouldn’t make the mistake of thinking one money transfer method is automatically as good as another. A lot depends on where you’re looking to send the money, as well as how fast you need it to get there, how the recipient needs to receive it, and so forth.  You’ll especially want to be aware of your options when sending money overseas to friends, family, employees who live abroad, and so forth. The term … Read more

Top 3 Way You to Can Create a Cash Only Budget

How You to Can Create a Cash Only Budget

This post may contain affiliate links, and I will be compensated if you make a purchase after clicking on my links. A new report from the Federal Reserve found that, as of June 2017, the amount of outstanding credit card debt in the United States is at the highest level it has ever reached in the country’s history. The previous record was set in April 2008 – just before the recession – but now that the economy has vastly improved, why is there so much credit card debt in the U.S.? Some economists have argued the ease of access to credit cards has led to our personal debts spiraling out of control. After all, the flashy advertisements for 0% introductory … Read more

Did Our Parents Teach Us Bad Habits About Money?

Most parents do a wonderful job of preparing their kids for academic success, future jobs, and raising families of their own, but countless studies released over the past several years indicate that parents have somewhat failed to educate their kids in one crucial category: personal finance and money habits. Younger generations are experiencing almost unprecedented financial struggles as they get into their 20s and 30s, but is it really due to them just being “lazy” like the media headlines suggest? Why else would the quality of their lives by decreasing compared to their elders? After all, a 2016 study conducted by Stanford University, Harvard University, and the University of California, Berkeley economists found rates of children with a higher standard of living … Read more

Top 10 Ways to Save Money Eating Out at Restaurants

Save Money Eating Out At Restaurants

Are you looking to learn how to save money eating out? My wife and I love to eat out at restaurants. Thanks to a recent look at how I spend my money, 8.8% of my income actually goes towards eating out every month in fact. But, I do not make any apologies for it. My wife and I simply hate cooking and love eating out at restaurants. It is something that we love to do. So, my wife and I make a conscious effort to budget eating out at restaurants so much. Restaurants rely on more than ambiance and the aroma of your favorite foods to get you to spend. They favor tricks to appeal to your mind — to … Read more

Stop Leaking Cash by Becoming Financially Literate and Save More Money


The following is a guest post by Harry N. Stout, the author of the FinancialVerse books and the free newsletter Moneysavers. If you’d like to submit a guest post like this one about being financially literate or any other topic to Money Q&A, be sure to check out our guest posting guidelines. Do you want to be better off financially and stop leaking your valuable cash? Being financially literate just might do the trick. What I have found is that a lack of financial literacy can be financially and psychologically costly. I write extensively about this in my FinancialVerse books and content ( Despite a booming economy, record corporate profits, a healthy stock market, fifty-year low levels of unemployment, and … Read more

Top 7 Simple and Smart Tips for Business Savings You Need Now

How to Increase Your Business Return on Investment

Your business is important to you, and so is the money you make from it. That’s why it makes sense to save as much as possible and find business savings. 7 Business Savings Tips Saving is fundamentally about being smart and practical. Here are 7 smart, practical business savings tips to get you started. 1. Get Smart About Business Meetings It’s surprisingly easy to waste money when scheduling a business meeting. You don’t know where to go, so you choose the first venue that you stumble across and that sounds appealing, and they require you to book for the whole day, and the catering is expensive – and before you know it, you’ve spent far more than you should. Do … Read more