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A savings plan is an excellent way to help you save for a goal or learn to be more disciplined with your money. It must not be difficult or complicated to have a savings plan.Most online savings accounts offer this service for free because it costs nothing to click on some buttons on their website. Many financial institutions offer incentives to help the savings plan work harder for you, such as the bonus interest for not making withdrawals. Be sure to choose the right amount of money to save on a regular basis when setting up a savings...

Stressing over money can be unhealthy, especially when you have an emergency. While considering a quick loan, sometimes you also think of smart ways to save big dollars as well. For many people they understand why it is essential to pay up their loans while saving in the process; it’s just a matter of proper planning. If you want to be a millionaire so bad or stop spending your salary before you have it, there are some surprisingly easy ways to save a little money. Several simple methods are explained below on how to go about it. Before...

The electricity bill is due, the car needs major repairs, your child has grown out of their school shoes and at the worst possible time, your fridge breaks down. If you are a low-income earner or have stretched yourself thin with financial commitments like a new mortgage, unexpected expenses can cause significant challenges to the weekly budget. What do you do next? Making the right decision can shape your financial future over the next few years, so it is vital to make wise choices for you and your family. Avoid Bad Debt Not all debt...

“Do I pay with cash or credit card?” That’s a question we’ve all asked at some point, save for those who don’t have a credit card in the first place. Which begs the question, when is it more fitting to use either of the two modes of payment? There could be any number of scenarios depending on the nature of your transactions and individual personal preferences. We’ve done the homework and singled out some three scenarios for this writeup. Read along to find out when it’s more fitting to use digital credit for purchases instead...

Owning a rental property is one of the ways you can invest to earn long-term gains while earning residual revenue in the process. As the value of your property grows, you receive a steady income from renting the property out to the right tenants. As a landlord, however, you still need to pay taxes on the property as well as the income you get from renting it out. As with other taxes, there are ways to minimise your taxes. We have the best tips and tricks you can use to minimise your taxes as a landlord in this article. Use Negative Gearing According...

If you are hoping to move your life in a more positive direction, you should start by tackling your finances. Getting a handle on your money is a great way for you to prepare for the future. Why waste your days worrying about what is yet to come, when you could be excited for all of the amazing opportunities ahead? No matter the current state of your personal finances, there is always something to be done. Hopefully, the following four steps will help you on your way towards a life of savvy spending, impressive saving, and financial stability. Keep...

Our parents aren’t perfect, so there will undoubtedly be times in your life when you have learned from their mistakes. However, while you will have learned valuable life lessons from their parenting and adult blunders, we are going to steer you towards the positive. There are things your parents are bound to have said to you when you were growing up that can help you manage your finances today. You may have turned your nose up at their advice in your younger years (the arrogance of youth), but some of the words they gave you are worth...

With tightening budgets and the cost of living rising, getting a grip on personal finances can be difficult. There is a host of things to think about when planning your finances including how you’re going to save for those big household buys or what type of finance you could use to consolidate any debts. Using simple methods, you could turn your personal finances around and make your money work better for you in the long-term. Realistically sometimes you may find it hard to juggle everything, but preparation and planning is key...

Significant life disasters can come out of nowhere and sideswipe you from a position of comfort and progress into financial and emotional turmoil. They can come in the form of household damage, car crashes, job losses and personal bereavement, and so there’s a range of different ways to deal with the huge life setbacks that might come your way. The first rule of damage limitation is to have a plan for the worst eventualities.Here are four such plans that’ll help you avoid the spiralling damage to your wallet and your mental health...

Many individuals, families, and households are faced with money problems at one time or another. No matter how hard you work to earn enough money, or how strictly you try to keep up with regularly putting money into a savings account, your monthly expenses can easily become more expensive than you had originally planned for. Expenses come in many shapes and forms, from the money you spend on transportation, to energy bills and recreational costs; However, there are ways to bring these outgoings down. If you are looking to save yourself...