Savings

Budget Apps

Budget Successfully with These Good Budgeting Apps

One essential habit that you need to adopt to gain financial independence is budgeting. It remains popular because many people use to control their personal finances and spending. If you’ve tried to use a budget before but it didn’t work, don’t give up just yet. Perhaps you need a little help from some good budgeting Read more

Lifestyle Inflation

Lifestyle Creep: What It Is and How to Manage It Effectively

With more money coming in, we’d like to think we’d pay off bills and grow our savings. Yet, the money comes and goes, and we do none of that. So, if the problem isn’t that we don’t have enough money, what is it? It’s called Lifestyle Creep or Lifestyle Inflation. This is often seen in Read more

Automatic Saving Apps

Automatic Money Saving Apps to Save with Less Stress

The problem with saving money is that spending it is so tempting. There is always an urgent need or want for which you could use that money. It’s so hard to leave it alone in your checking account. So, what can you do? Fortunately, we have access to a number of automatic money saving apps. Read more

Defer Taxes

Legal Ways to Reduce Taxes

Last Updated: May 18, 2020 Just how big of an expense are taxes? On average, you can be expected to spend 25-35 percent of your salary on taxes each year. That means 3-4 months of each year (or 13 years of your life) goes towards paying off your tax obligation. Unfortunately, as long as you’re Read more

How To Save Money At Christmas Gifts

The Smartest Ways to Save Money on Christmas Gifts

It’s almost Christmas, which means it’s time to buy gifts for the ones you love. Unfortunately, many of us overspend when we shop for our loved ones. In 2017, the average American shopper accumulated $1,054 in new debt over the Christmas season. 44% of us incurred $1,000 of holiday debt, while 5% of us bought Read more

What Is a 401k Plan and How Does It Work

What Is a 401k Plan and How Does It Work?

A new job offer may include a 401(k) retirement plan as part of your benefits package. Perhaps everyone you know has a 401k. What is a 401k plan and how does it work? Do you actually know the answers? What Is a 401(k) Retirement Plan? A 401(k) is a retirement savings plan offered by your Read more

Roth IRA vs. Traditional IRA

What Is a Roth IRA?

One of the more popular retirement accounts is an individual retirement account, or IRA. IRAs come in two main forms: a traditional and a Roth IRA, and both generally function the same way. The main difference between them is how they are taxed.   How a Roth IRA Works A Roth IRA is a financial Read more

Building Wealth

The Truth About Building Wealth: It’s All About Assets

The slogan of our website is REGULAR PEOPLE BUILDING WEALTH. So, what is wealth? Is a person driving a Ferrari on a highway wealthy? Is a Youtuber with a big stack of cash on their table a wealthy one? Well, they both may be and may not. It depends on how they are getting there. Read more

Avoid Bank Fees

16 Common Bank Fees and Ways to Avoid Them

Last Updated: May 04, 2020 One of the primary ways that banks make money is through fees. The income earned through common bank fees is used to pay the bank’s operating expenses and to make their profits. Every product and service a bank offers has a cost attached, even the fee-free accounts. These expenses can Read more

Buying a Car

Should I Buy a Car? Factors to Consider

You may be wondering, “Should I buy a car?”. Did you know that, outside of buying a home, this will be the most expensive acquisition you’ll ever make? When purchasing a car, you’ll make important decisions that will impact your immediate and long-term finances. That’s why it’s best to consider several important factors before settling Read more