Posts tagged ‘savings’

9 Mistakes People Commit When Building an Emergency Fund

Updated: August 2, 2017 | Personal Finance | 2 Comments

It’s important to have an emergency fund and the sooner you finish building yours, the better your finances will be. Short-term medical expenses, important home repairs, job loss — these are just a few circumstances when your emergency fund becomes useful. That’s why having one can really make your life less stressful; knowing that there’s […]

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How to Find Money to Save From Your Expenses

Updated: July 6, 2017 | Money Saving Tips | 1 Comment

To save money is important and everyone wants to do it, but wanting is different from actually doing. While some find it easy, most individuals continue to struggle with saving money and don’t know where and how to begin. Sometimes, to avoid the stress of following a budget, people forego the act of saving money. […]

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9 Excellent Reasons Why You Should Pay Yourself First

Updated: April 17, 2017 | Money Saving Tips | 12 Comments

There are many ways to save money, but none of them is as effective as paying yourself first – or the simple act of immediately taking and keeping a portion of your income as soon as you receive it. The concept of paying yourself first is often explained through the formula: INCOME less SAVINGS equals […]

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What Should You Do With Your Christmas Bonus?

Updated: December 16, 2015 | Personal Finance | 10 Comments

The first half of December is upon us and for almost everyone working in the corporate world, it means that their 13th month pay and Christmas bonuses have already arrived. For a lucky few, there would also be the 14th month pay and beyond – along with other year-end bonuses. With this much money, I’m […]

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How To Save Money When Buying Things You Need

Updated: August 27, 2017 | Money Saving Tips | 5 Comments

Saving money all starts from knowing what you want and what you need. Your “wants” may just be non-essential things that you can do without – so NOT buying them would be the best way to save money. However, when it comes to your “needs” – buying the cheapest available is not always the best […]

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Five Things I Did With My Christmas Bonus and 13th Month Pay

Updated: November 9, 2017 | Life Lessons, Personal Finance | 13 Comments

I worked in the corporate world for five years. And in all those time, the arrival of the annual Christmas bonus and 13th month pay was something I looked forward to. Well, who doesn’t? A few days ago, I received text messages from friends who had already received their holiday bonuses. I can’t help but […]

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Easy Budgeting Strategies For Beginners: Try Creating This Simple Spending Plan

Updated: May 17, 2017 | Personal Finance | 11 Comments

What are the things you spend your money on? If you’re already in the habit of tracking your expenses, then I’m sure you could tell me exactly where your money goes. However, if you’re someone who is not used to budgeting and creating a spending plan, your answer might be a random litany of your […]

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Should You Save Money If You Have Debts to Pay?

Updated: February 10, 2017 | Mindsetting, Personal Finance | 16 Comments

Should you set aside money for your savings if you have debts you need to pay? My straightforward answer is YES. But wouldn’t it be wise to pay all your debts first (specially credit card debts) and then work on your savings afterward? By doing this, you’ll pay less on interests and you’ll get to […]

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Saving Money In Plain English

Published: January 26, 2009 | Inspirational, Money Saving Tips | 5 Comments

I’d like to share with you today a short but very informative video I found entitled, Saving Money in Plain English. This video gives emphasis to be being responsible with our money and the importance of having a saving plan. It also explains the role of banks, credit unions and compound interest in helping our […]

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How’s Your Budget And Personal Savings?

Updated: June 28, 2016 | Personal Finance | 15 Comments

Payday came and some friends were happy to buy a little something for themselves. I was glad to tag along as they shop for new clothes and purchase other stuff they’ve been wanting at the mall. After a couple of hours of walking and shopping, we decided to have dinner as we wait for the […]

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