Top 4 Easy Ways to Save Money Every Month in Your Budget

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Save Money Every Month

Most people do not think that they have enough money to save for retirement. I can remember asking my mother if she had any investments, stocks, bonds, and the like as a little boy. She told me that we barely pay the bills, let alone invest for retirement. I’m here to tell you that everyone can find easy ways to save money from funds leftover in their budget to begin investing. The real problem is if you want to make room in your budget. Do you want to do without 200 cable channels? Do you want to skip the trip to the coffee bar every morning and brew your coffee yourself? Many people say no, and that is why they … Read more

100 Life Goals to Complete in a Lifetime Before You Die

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My One Hundred Goals To Do In My Lifetime Before I Die

Do you have a bucket list of life goals? You should! I took a challenge to write a list of 100 goals, and it changed my life and my outlook. Here’s why having life goals can change your outlook. I was recently inspired to create my own Bucket List. I realized that there was no turning back the clock to recapture the years that are had lost. We all have issues with regret and a lack of reason for being in our lives. Many of us feel like we are just floundering along. I came across the same concept in Laura Vanderkam’s book, “”. In her book, Vanderkam talks about Caroline Ceniza-Levine a career counselor to youth specializing in helping them realize what … Read more

What Is Dollar Cost Averaging? – Advantages and Drawbacks

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What Is Dollar Cost Averaging?

Dollar cost averaging is a well established, tested, and extremely reliable approach to accumulate wealth.   An investor who wants to put a lump sum of money into the stock market or mutual funds is wise to invest the money over a period of time in equal installments in order to avoid the devastating effect of a drop in the stock or mutual fund’s share price immediately after investing a single, lump-sum investment. What Is Dollar Cost Averaging? Dollar cost average, or DCA, involves buying the same dollar amount of an investment at regular intervals over the course of a set period of time. In doing so, the investor will purchase more shares of an investment when the share price … Read more

Five Painless Tips to Save Money on Medical Costs

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Save Money on Medical Costs

Money is tight now as everyone knows it. And, with rising health care costs, it is sometimes complicated to find ways to cut back especially on necessities such as healthcare costs. But, here are five tips for spending less and learning how to save money on medical costs and expenses. How To Save Money On Medical Costs 1. Go Generic With Medication Ask your health care provider if your medications are essential. Are there other alternatives to try out before prescriptions? If it is important to have the drug, ask if there exists a generic version of the drug available and if there are any reasons why the generic variation would be inappropriate for you. Frequently medicines that come off patent … Read more

What Are Good Federal Stafford Student Loan Forgiveness Programs?

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Good Federal Stafford Student Loan Forgiveness Programs?

Here is the next installment in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on an upcoming week’s blog post. A reader recently wrote in with the following question about his student loans and forgiveness. Is there a way to have my federal Stafford Loan forgiven? There are several instances where you may qualify for loan forgiveness of your federal Stafford Loan. What makes up good student loans forgiveness programs? Student Debt Relief also has a great tool for checking student … Read more