I was walking around Target the other day when I ran across this shelf of piggybanks that are featured on this picture. And, I just had to snap this picture. I wondered if having a personalized piggybank will help inspire you to save more money. I have a jar sitting on my dresser that says "casino money" right on the front of it. It is one of many that you can buy that lists what your savings goal is. I have seen others that say things like "new car", "down payment", "vacation", etc. Mine just happens to say "Casino Money" because I have a … [Read more...] about Would A Crazy, Wacky Piggybank Help You Save More?
What do you measure in your life? Do you count calories? Do you count how many visitors check out your website everyday (or every hour if you are me)? You should be counting things in your life. Counting implies that there is a goal in the end that you are counting towards something in the end. Thos with a goal have been shown in studies to ultimately be more successful in life. A study of Harvard MBA students in 1979 who were followed for ten years found that the 13% of the class who had made goals for themselves were earning, on … [Read more...] about The Only Two Numbers You Should Measure in Your Finances
Surveys have shown that a majority of Americans, 60% to 70% live paycheck to paycheck. There are always going to be hiccups in your personal finances, and those tough times are often multiplied if you do not have a written monthly budget. But, how do you find money to pay your bills in short notice if you are in a pinch? Going to a payday lender should be one of your last resorts because of the enormous amount of interest that you will ultimately pay on such a short-term loan. Payday lenders provide a horrible service that preys on people … [Read more...] about Three Places To Find Money In A Pinch When Times Are Tough
This past week as marked a turning point in the South with temperatures noticeably dropping and long sleeves and pants making their comeback out of the depths of our closets. I routinely see my electric bill almost double during the winter while I switch on my home’s electric heating unit. Electricity costs can eat up a substantial portion of your monthly budget if you are not careful. Households that use heating oil and gas do not fair much better either. In fact the average home using heating oil spends over $320 per month and gas users … [Read more...] about Ten Ways To Save On Your Electric Bill This Winter
With the stock markets currently all over the place lately, there have been plenty of talks about recessions, bear markets, double dips, and tons of other financial vocabulary words that are thrown around. But, what is the definition of a bear market? How do you define a recession? It may not be as easy as you think. You may actually not care either. What Is The Definition Of A Recession? While there are no clear cut definitions of a recession and no governmental agencies that host the one true, undisputedly accepted … [Read more...] about What Is The Actual Definition Of A Recession?
The last week, I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we will look at Baby Step 4 in more detail which is to invest 15% of your income for retirement. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial … [Read more...] about Dave Ramsey’s Baby Step Four – Invest 15% Of Your Income For Retirement