Why We Tend to Save for Vacation and Not for Retirement

Why We Tend to Save for Vacation and Not for Retirement

Americans are often supposed to be too hard-working. Half of the workers do not use all the vacation days they have. According to NerdWallet research, we prefer getaways, but before it, we should plan our long-term finances. Nowadays more than 63% of Americans want to go on vacation in the following half a year. In 2009, this figure was 33%. That year was a year of Great Recession, but it shows us anyway how far we are from this point. Skipping the relaxation seems to be boring, but some data show that your overall happiness increases afterward. Studies, conducted in the U.S., Norway, Spain, and Ireland show that it gives contentment to old people to understand their financial stability for … Read more

Need, want, would-like

How to Separate Needs vs Wants

We’d all love to be rich, wouldn’t we? Or at least, we’d all love to be well off enough to be able to do what we want, and buy what we want, without having to consider the cost every time. Finding a good deal is always satisfying, but having to find a price you can afford all the time is not so much fun. When you are constantly balancing your income and outgoings, always having to compromise between what you want and what you can actually afford can get quite tiresome. And if things are really tight, even the smallest of treats can leave you feeling guilty for wasting your precious cash. So how do you avoid the constant battle … Read more

How Much Does a New Garage Door Cost?

How Much Does a New Garage Door Cost?

[Disclaimer: This post was created in collaboration with Banko Overhead Doors, Inc.] After noting the deep scratches from countless parking miscalculations, that hopelessly dented pane where your daughter’s killer soccer kick connected spot-on and rising energy bills associated with your garage door’s lack of proper insulation, its time to consider replacement. How much will it cost? Check out Banko’s list of factors that directly influence the pricing of a new garage door. Size Do you have a single or double car garage? Most garage doors come in standard size, but some homes have larger or customized models. In general, the bigger the door, the steeper the price. Materials What will your new garage door be made of? Wood is traditional and … Read more

6 Simple Ways to Improve Your Business ROI

How to Increase Your Business Return on Investment

When you’re running a business, your main focus may be on optimizing your marketing and improving your rate of closing sales, but that’s not the only way to get a good return on your investment. Another way you can bump up your revenues is to trim your overhead costs, finding ways to reduce many of your expenses. How to Increase Your Business Return on Investment Although you may be baffled by how you can trim your expenses any further, considering we’re talking primarily about fixed expenses, there are some simple, ingenious ways to go about it. 1. Switch how you handle accounts payable. By using ap automation— that is, accounts payable automation—your business can cut its operational costs. It’s costing … Read more

How to Start Saving and Get a Month Ahead Without Much Income

How to Start Saving and Get a Month Ahead

The following is a guest post by Rebekah Carter. If you’d like to contribute a guest post to Money Q&A, check out our guest posting guidelines. Today, most people know just how valuable a financial safety net can be. In times of crisis, an emergency fund can be the difference between being able to replace your broken washing machine, or being forced to turn to the bank for a loan. It can also mean that you’re always protected if something unfortunate happens to your income. The trouble is when you don’t have a high-paying career in the first place, getting a month ahead in your savings can feel like an impossible goal. The good news is that no matter how … Read more

6 Reasons Why You Should Start Saving Early

How to save money on your vacation

The following is a guest post by Anthony Goff, a financial advisor with a degree in Mathematics and also the founder of Personal Finance Hub. If you’d like to submit a guest post to Money Q&A, check out our guest posting guidelines. Saving isn’t necessarily the easiest thing to do. As soon as you get your paycheck or money from a friend, the first thing you’re going to think about is spending it as soon as possible. However, what if we told you to start saving that money? I know, we sound crazy. But, if you start saving early in life, it can seriously help your financial stability. Below, are the top five reasons why you should start saving early on … Read more