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…
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 …
The end of the year is a time of celebration with Christmas and New Years. You may have your to-do list like shopping for presents, buying holiday meals, getting ready for get togethers, and so on. Don’t forget the other end of year to-do list that involve your financials. Before the year is over, there are some things that has to be done and can’t be done in the new year. For example, if you wanted to do a Roth…
With the holidays around the corner, are you looking for ideas for presents? Electronics, games, toys, clothes…are these on your shopping list? How about giving something not so common…an investment gift. Who says you need to buy some material item to be considered as a gift? Why not gift a stock? When I graduated high school, I received a certificate for some category I can’t remember (possibly most likely to succeed or something) and it came with a $50 bond….
Do you have side hustle or thinking about trying to start one? Well, I have 2 kids who started a side hustle and it has been a great experience for them. They are learning how to take their talents and make it into a side hustle. From the very first beginning steps to their first sale, they are learning and growing. Recently, they sold at a farmers market and it was like next level side hustle for them. My daughter…
Do you want to get rewarded with cash for your healthy actions? If you monitor your healthy actions like exercise, walking, and steps, how great would it be to get rewarded. I found an app that does just that. All you need is monitor your actions either by a supported smart device and/or app. The more you move the more points you receive. The faster you accrue points that faster you can redeem for cash. Get cash for your healthy…