If you like to shop online, watch videos, search the web, take surveys and find great deals on the web, then you should check out Swagbucks. Swagbucks rewards you in points(swagbucks) to do the things you normally do online. Points can be redeemed for great gift cards. Every 100 points equals $1 value and there are gift cards as low as 100 points(keep in mind you get what you pay for and better cards become available at 500+ points. This is a legitimate site to make money. People claim to make over $2000 a year easily.
In my search for the best interest rate online accounts, I found an online savings account that has an APY of 1.10%. There is no minimum deposit required to earn this rate. Discover online banking offers a high yielding savings account and other services such as checking, CDs, money market and even IRA accounts.
Synchrony Bank goes a bit better at 1.15% APY. I know what you're saying. Why give two different banks with different APYs? I mean it's obvious that Synchrony should be the choice hands down. I tend to use one as an emergency fund where I'll withdraw money if needed. The other I use as a nest egg and not touch it until later in life. But you do what works for you.
Still living paycheck to paycheck? Here are ways to spend less and save. The ones that have helped me big time are not keeping up with the proverbial Joneses, to hell with what your friends, family or neighbors have. Putting money religiously aside in a savings account weekly. I live below my means and I live in a cheaper apartment. Out of everything else, I learned to cook. That is a money saver and more nutritious if you buy your meals at work.
What should you do on a Monday and never on a Thursday? Buy gas! You've been warned.
Showing posts with label advice. Show all posts
Showing posts with label advice. Show all posts
Monday, June 19, 2017
Monday, January 5, 2015
Money 2015
A new year is here and our best 2015 money moves are to save and invest and to stay out of debt. I may have talked about it elsewhere, but now is a good time to start the 52-Week Savings Challenge. In the end you will save $1,378 this year. I do it a little bit different by starting with the highest and working my way down. For me this makes sense since I earn more at this time than I will later.
The beginning of the year is a good time to give your financial matters a review. You can never be reminded enough when it comes to finances to make sure you're still on target or ahead.
If you're paying for credit monitoring you can get it for free at Credit Sesame. Credit Karma is similar and also tracks your spending. These sites are offered by one of the credit monitoring agencies. Trans Union and Experian so your scores may vary. Credit Sesame also offers free ID Theft protection. Aside from the credit card and loan ads, these sites are informative and informative.
When it comes to money matters people need to decide on whether to hire a financial advisor. The site offers a free DIY tool for those who shun advisors. If you are a DIY-er, make sure you have knowledge on the topic.
It's never to early to supplement your retirement income.
Nvestly is a social platform that allows expert and novice investors to share investing knowledge.
Learn easy money saving tips that can help you save up to $3000 a month.
The beginning of the year is a good time to give your financial matters a review. You can never be reminded enough when it comes to finances to make sure you're still on target or ahead.
If you're paying for credit monitoring you can get it for free at Credit Sesame. Credit Karma is similar and also tracks your spending. These sites are offered by one of the credit monitoring agencies. Trans Union and Experian so your scores may vary. Credit Sesame also offers free ID Theft protection. Aside from the credit card and loan ads, these sites are informative and informative.
When it comes to money matters people need to decide on whether to hire a financial advisor. The site offers a free DIY tool for those who shun advisors. If you are a DIY-er, make sure you have knowledge on the topic.
It's never to early to supplement your retirement income.
Nvestly is a social platform that allows expert and novice investors to share investing knowledge.
Learn easy money saving tips that can help you save up to $3000 a month.
Wednesday, March 26, 2014
Golden Years At The Golden Arches
If your life has seen its share of miscalculations, perhaps your planned retirement needs to be recalculated. Retirement is the one time that you can't afford to be wrong, otherwise it will cost you in the long run. Retirement is about enjoying your life without having to punch a clock. Unfortunately, many retirees look for work because they can't make ends meet with their retirement funds.
Many people buy into the myths of retirement that may see them working until the grave. If it helps, take a retirement road trip. When it comes to retirement, I suggest making better decisions.
Since our lifespan is increasing we need to adjust our retirement timetables. Another bit of wisdom lies in avoiding money disasters that can wreck your retirement.
Putting something aside for retirement is an essential part of life that many don't consider until they are on its back door. If only we put something aside at a young age to go toward our retirement, we may retire at a young age. Keep in mind that your retirement more than likely must fit your lifestyle. Saving something should be automatic when it comes to retirement, and the key is to NOT touch the savings until retirement or beyond!
Small steps for saving toward retirement:
1) Put all windfalls into a savings. Raises and any extra money you come across.
2) Cut money consuming habits and pocket the savings. Smoking, addictions, etc., stop throwing money away and pocket the savings.
3) Don't live beyond your means by living on credit. If you saved the money on interest, retirement would move smoothly.
4) If you live in a bottle deposit state, put your refunds in a savings.
5) Put your government refunds in a savings. Your yearly federal and state refunds can be put to good use.
6) Stop trying to keep up with the Joneses. This will save you a lot of money.
7) Quit trying to get rich quick through scratch-offs and lottery numbers. Winnings are temporary and losses put you deeper in debt.
To play it safe, I have a formula for saving for retirement depending on when you start. If you start in your teens, you should save at least 5% of your paycheck a week for your work-life toward retirement. If you start in your 20s you should save at least 10% a week toward your retirement. In your 30s 25% a week, in your 40s 30%, in your 50s 45%, and in your 60s 75%. If you start in your 70s you might as well work until your grave!
Many people buy into the myths of retirement that may see them working until the grave. If it helps, take a retirement road trip. When it comes to retirement, I suggest making better decisions.
Since our lifespan is increasing we need to adjust our retirement timetables. Another bit of wisdom lies in avoiding money disasters that can wreck your retirement.
Putting something aside for retirement is an essential part of life that many don't consider until they are on its back door. If only we put something aside at a young age to go toward our retirement, we may retire at a young age. Keep in mind that your retirement more than likely must fit your lifestyle. Saving something should be automatic when it comes to retirement, and the key is to NOT touch the savings until retirement or beyond!
Small steps for saving toward retirement:
1) Put all windfalls into a savings. Raises and any extra money you come across.
2) Cut money consuming habits and pocket the savings. Smoking, addictions, etc., stop throwing money away and pocket the savings.
3) Don't live beyond your means by living on credit. If you saved the money on interest, retirement would move smoothly.
4) If you live in a bottle deposit state, put your refunds in a savings.
5) Put your government refunds in a savings. Your yearly federal and state refunds can be put to good use.
6) Stop trying to keep up with the Joneses. This will save you a lot of money.
7) Quit trying to get rich quick through scratch-offs and lottery numbers. Winnings are temporary and losses put you deeper in debt.
To play it safe, I have a formula for saving for retirement depending on when you start. If you start in your teens, you should save at least 5% of your paycheck a week for your work-life toward retirement. If you start in your 20s you should save at least 10% a week toward your retirement. In your 30s 25% a week, in your 40s 30%, in your 50s 45%, and in your 60s 75%. If you start in your 70s you might as well work until your grave!
Wednesday, January 1, 2014
2014-The Year To Be Money Wise
With the start of the new year, we would benefit by reviewing all our finances and strive to save more, invest more, and make more money. At the same time we should be looking for ways we can cut frivolous spending and areas where we can put an end to wasting money. Over the years, it has been a trial-and-error when it came to money, and I have sustained losses, but through some sacrifices, I believe anyone can get their finances in order.
In The Beginning...
Since everyone is different in their financial goals and where they are financially, we need to get a grip on reality. Debt is not a good thing and "Keeping Up With The Joneses" will lead to financial disasters if you don't make as much as the Joneses!
The Rolling Stones summarized it best when they sang, "You can't always get what you want..." "...but if you try, sometimes you get what you need!" Your financial goals should focus on your needs first, and your wants should be put on hold until you can afford them without going into debt. We need to learn to live within our means, otherwise we will be forever in debt. Retirement may lead some directly to the grave, if you have to continue to work to meet your needs, because you went overboard on your wants in your younger years.
Yesterday, Today and Tomorrow
Times have changed, yet history continues to repeat itself. We don't save and invest enough to build a nest and get struck by unforeseen bills and higher prices on goods that lead us to live from paycheck-to-paycheck. And therein lies the secret to the poor bloke who has to work forever because of unwise choices that depleted from any savings. Hoping to retire on Social Security won't cut it if you live much longer and the value of your payout has less buying power in the coming years.
Your payout may be for the rest of your life, but a dollar had more buying power in the 1990s than it does in 2014. Think about that. If you live even 10 years after retiring, you may not be able to buy or afford as many goods, and your NEEDS may be compromised.
The Kleptomaniac Buyer
If you can't grasp the old adage that claims that A fool and his money are soon departed, then go ahead and keep up with the Joneses. A kleptomaniac is known for stealing items that he has no need for. What's worse is a person who buys items that he has no need for. A must for some in 2014 is to put some purchases on hold, especially those that seem like an impulse buying item.
Skeletons
We all have vices and lusts and are often led into temptations. Addictions are a big money draining problem. The prime evils are alcohol, cigarettes, drugs and gambling. I am not here to judge, I only want to point out the money being wasted on things that could even affect your health. Just a thought.
2014
Happy New Year!
May yours be profitable. Remember that some sacrifice is needed, but you might still be able to trick yourself into saving money. Starting a financial journal isn't a bad idea!
In The Beginning...
Since everyone is different in their financial goals and where they are financially, we need to get a grip on reality. Debt is not a good thing and "Keeping Up With The Joneses" will lead to financial disasters if you don't make as much as the Joneses!
The Rolling Stones summarized it best when they sang, "You can't always get what you want..." "...but if you try, sometimes you get what you need!" Your financial goals should focus on your needs first, and your wants should be put on hold until you can afford them without going into debt. We need to learn to live within our means, otherwise we will be forever in debt. Retirement may lead some directly to the grave, if you have to continue to work to meet your needs, because you went overboard on your wants in your younger years.
Yesterday, Today and Tomorrow
Times have changed, yet history continues to repeat itself. We don't save and invest enough to build a nest and get struck by unforeseen bills and higher prices on goods that lead us to live from paycheck-to-paycheck. And therein lies the secret to the poor bloke who has to work forever because of unwise choices that depleted from any savings. Hoping to retire on Social Security won't cut it if you live much longer and the value of your payout has less buying power in the coming years.
Your payout may be for the rest of your life, but a dollar had more buying power in the 1990s than it does in 2014. Think about that. If you live even 10 years after retiring, you may not be able to buy or afford as many goods, and your NEEDS may be compromised.
The Kleptomaniac Buyer
If you can't grasp the old adage that claims that A fool and his money are soon departed, then go ahead and keep up with the Joneses. A kleptomaniac is known for stealing items that he has no need for. What's worse is a person who buys items that he has no need for. A must for some in 2014 is to put some purchases on hold, especially those that seem like an impulse buying item.
Skeletons
We all have vices and lusts and are often led into temptations. Addictions are a big money draining problem. The prime evils are alcohol, cigarettes, drugs and gambling. I am not here to judge, I only want to point out the money being wasted on things that could even affect your health. Just a thought.
2014
Happy New Year!
May yours be profitable. Remember that some sacrifice is needed, but you might still be able to trick yourself into saving money. Starting a financial journal isn't a bad idea!
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