Did you know that by saving a certain percentage of your monthly paycheck for 6-8 months, you could travel the world without worrying about finances? According to 2019 data released by the U.S. Bureau of Labor Statistics (BLS), an average worker in the United States earns around $49,000 per year. If your earning are somewhere close to the figure I mentioned above, you can travel solo by saving money for about 6-8 months. Is it better to travel with a companion/group or head out all by yourself? When it comes to economical travel, it is always best to travel solo....
When money is tight we look towards brighter days. Having an account where your money is not locked away is critical when the economy is not doing well. It could happen at any moment that you lose your job. I have compiled a list of tips on what I look for when I am opening a savings account. What is the Best Easy Access Savings account you can get? Type of Institution When I am looking for a new account, I tend to look for an online account because many of them pay higher interest rates than the typical brick...
Have a budget for pets Pets are already considered as part of the family and for people who are living alone or away from their families, pets are even considered as companions. For years now, pets, especially cats and dogs, have been living in thousands of households all over the world and are being valued. When it comes to expenses for pets, this also takes a chunk off the family’s budget for the month. But as always, there are numerous ways to cut on costs and save money while dealing with the expenses for pets. From food to crates and...
I was talking with my husband recently about my plans/dreams for extra income. I babbled on and on for a few minutes about plans I have for my blog and how I really want to start ramping up my extra income. Several minutes in, my husband interrupted…”Um, why are you so worried about making extra money?” Hm. Good question. It got me really thinking about why I want to try and make a little money outside of my regular job. Unlike most of the PF community, I don’t have a lot of debt and am not trying to pay off...
Lots of people talk about (or write about) when to buy certain things like appliances, cars, or other equipment to get the best deal. They say to buy cars at the end of the year, houses in the spring, and furniture in the summer. But what about the smaller stuff? What can you do seasonally to save on the small stuff? Since Spring is just around the corner (hopefully) I thought I’d share my favorite ways to save money this season. 1. Turn off the heat and open those windows! Once the weather is nice, I’m all about leaving the windows open...
There are thousands of gadgets you can buy for your vehicle, but it’s hard to know which will be worth the money. Some car gadgets claim to improve fuel efficiency, while others make the undercarriage of your vehicle glow neon purple. If you’re looking for a car gadget that’s both practical and worth the cost, consider one of these car devices. GPS – No device has changed the way we drive in recent years quite like the GPS navigation system. Whether you use GPS navigation on your mobile phone, or as a stand-alone unit, this device can help you find...
I recently read a press release from Spring Arbor University, a Christian university in Michigan, that they will automatically enroll new students in their loan repayment assistance program. The program guarantees that the college will help repay the student’s loans if their income does not meet the “upper-income threshold” of $37,000. The school’s main motivation for this new program? According to Spring Arbor President Charles Webb, it is to provide “students and their families with peace of mind”. This is a fascinating concept. Spring Arbor College has essentially taken a bold stand against the rising costs of tuition. They have...
