I’ve been writing about all the ways I’ve learned to save and earn money. My dad always said that earning money is long and hard, spending it is fast and easy. How to keep your money in your pocket is the name of the game. One way is to find less expensive alternatives. In the beginning this might feel uncomfortable but in the long run, it will help you financially. Will you be able to keep the same lifestyle? It…
If you’re looking to live financially dangerously and you can handle a roller coaster of emotions, try day trading. I always wanted to look into this and see how do day traders profit from this. Like any investment, you would want to buy low and sell high. But can you do that constantly throughout the day? I’m sure that professional day traders have access to more resources and information that a consumer investor but I took a small stab at…
When you go shopping, dine out, or get a quick drink, do you actually look at your bill to see if you were charged correctly? There are occasions where I ordered an appetizer and it never came out. Yet, it was still on my bill. If you don’t check, pay, and leave the location, it’s going to be hard disputing the charge afterwards. Make sure to always check your bill before you leave and before you pay. Accidental charges happen…
For the past number of years, your savings account probably wasn’t growing much because interest rates were near 0%. Putting your money in a savings account was seen as a non-growth method. That’s not what were seeing these days. To fight inflation, the Fed has been raising interest rates which is also pushing savings rates higher. Savings rates are increasing. As of writing this post, I’ve seen savings rates over 4% now as well as 5%. If you’re looking for…
Breakfast, lunch, and dinner…3 meals a day. That’s what we’ve been taught to be the norm when it comes to our daily eating. There’s a new trend called intermittent fasting. Fast for like 15-18 hours per day. Sound interesting? Well, I do this very often and it works out great. I skip breakfast, eat lunch and an early dinner, and I don’t eat until the next day’s lunch. Essentially, skip a meal. How does skipping a meal relate to my…
Practically almost every business takes cash or credit. I refer cash as physical cash money or accessing directly from your bank account like your debit card or giving your account information. I like using credit whenever I can because of the points benefits whether it’s for travel points or cash back points. However, I usually don’t use my credit card when I see the disclaimer that I’ll be charged a transaction fee. I frequently contemplate when it’s best to use…
Let’s say you’re grocery shopping and you have a cart full of items. You try to get the best items at the lowest price. As your cart fills us, you lose track and you have no clue how much each item costs. Not until you see your receipt. Then again, how many people actually look at every item on the receipt? Or do you just look at the total? How do you know that what you bought was the right…
Aren’t we all looking to find a deal? You’ll come across sales all the time whether it’s holiday sales, special events sales, clearance sales, and so on. You’re grocery stores will have sales every week. We see sales happening all the time. Are sales a great deal? That’s where you’d have to apply all the financial knowledge that you’ve learned to determine that. Some sales can be good, some bad, and some that are fantastic. Sales aren’t just reducing prices…
With the end of the year coming to a close, we now have to prepare for the new year. That means to create or review what your goals are, review your strategies, assess how you did this year, what changes you can make for the new year, and so on. Whether you had a good year or a bad year, you should try to make it a habit to take the time and check on yourself and your progress. This…
Christmas season is here which makes your wallet cringe a little from all the spending you’ll be doing. This doesn’t have to be a worry all the time. There are a few things I do around the holidays to help my wallet out from a few holiday hacks I’ve learned over the years. What to do with those unwanted gifts? If you received a present that is not exactly something you want or need, don’t worry. Here are a couple …