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Saving Money

Change Your Finances By Thinking Like a Millionaire

Can changing the way you think really impact your finances and help you get closer to your goal of becoming a millionaire? Many people, including some financial experts, would say the answer is yes. This doesn’t mean you can simply sit around and visually will yourself into becoming a millionaire while putting in virtually no work or effort. What this instead means is that if you can change your mindset to be more like a typical millionaire, you’re more likely to not only create your financial goals but be more prepared to achieve them. Below are some simple ways to shift your thinking, and in the process, achieve a better financial life for yourself. Write Everything Down Think about all of the ideas you have during the course of a day or a week to make money. They probably pass through your mind all the time, but then just as quickly you may forget them. What’s important to realize is that if even just one of those ideas were a really good one, it could change your course completely. If you were to have a chance to meet with some of the world’s wealthiest people, you would likely see this ...

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“Money Saving Hacks” Could End up Costing You

“Money Saving Hacks” Could End up Costing You

I feel like every time I turn around I see some new hack that is supposed to save me time or money. While wanting to save time and money is never a bad thing, there are some hacks that are just not worth it. Sometimes these money saving hacks will be a waste of time, or even worse, they may end up costing you more money instead of saving you money. Before you fall for some of the money saving hacks you see on TV or on Pinterest, make sure they are really worth your time and effort. Here are a couple I’ve found are just not all they’re hacked up to be. Couponing Yes, using coupons can save you money and I am not sure if you’d really count it as a hack. But if your time is worth anything, it might actually be costing you more money than you are saving. I have a couple of friends who have started using coupons and while I’m happy that they are proud of their savings, I have to wonder if they are really saving money. They post pictures of their receipts and even with savings from coupons, they are spending ...

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How to Save More on Your Move

Moving can be incredibly expensive, even if you are only transferring across town and are just renting a new place. Besides all the deposits and down payments you have to pay for the new place and the services you need, you also have to pay to move all your belongings. The farther away you have to move, the more expensive it will be. With a little planning and some different decisions, you can save a lot of money on your move. Here’s how: Shop Around You have plenty of options for affordable interstate movers, and the costs will vary by company, location, type of move and many other factors. To get the best price, you need to shop around and get quotes from numerous moving companies. Call well-known companies like North American moving services, as well as smaller mom and pop type companies. Just make sure that you check out the reputation before you call so that you aren’t wasting your time with scam artists or amateurs. Be sure to get a written and detailed estimate from each company. The company might quote you a great price to lure you in but then add a lot of fees in the ...

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Should You Pay for Your Funeral While You’re Alive?

Should You Pay for Your Funeral While You’re Alive?

Most of us don’t like to think about death, especially our own. But, as Benjamin Franklin would say, “In this world, nothing can be said to be certain, except death and taxes.” In other words, just because you don’t like to think about death it doesn’t mean you can escape it altogether. So, you know you can’t live forever, but should you pay for your funeral while you’re alive? According to Moneywise, “Your funeral is the fourth most expensive thing you will ever pay for after buying a house, having children and getting married.” Even if you have final expensive life insurance, funerals are expensive! This is just one reason why it’s a good idea to start paying for your funeral while you’re alive. Below are some more reasons why you might want to pay for your funeral ahead of time. Spare Your Family By pre-planning for your eventual funeral, and pre-paying for it as well, you can relieve your family from this burden. Not only that, but you can ensure things are done the way you would want them to be done, such as having your body cremated or determining where you should be buried. Save Money The Federal Trade Commission ...

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How Procrastination Can Hurt Your Finances

procrastination can hurt your finances

You’ve probably heard the saying, “Why put off until tomorrow what you can do today?” When it comes to your money, that phrase is good advice as procrastination can hurt your finances. Procrastination is a nasty habit that can have many negative effect on your finances. In case you haven’t broken your procrastination habit yet, here are a few reasons why you should so it doesn’t harm your finances. Credit Card Fees Almost everybody has a credit card these days. Just try booking a hotel room or renting a car without one and you will find out it isn’t easy to do (some one even accept debit cards as an alternative). But after your vacation is over, you should pay off your credit card as soon as possible. The interest and late payment fees applied to your credit card bill can cost you more than the original price for the items you purchased. Instead of getting in a habit of procrastination, try paying off your credit card bill immediately after you’ve used it. You can save ahead for your purchases so you already have the cash on hand to pay the credit card bill. Late Fees Another way procrastination can hurt ...

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