Here are some practical tips to help you save money while managing your personal finances on a fixed income: Upgrade Bank Savings Accounts: If your savings account still pays 1 percent or less, switch to a new one. Now you can find rates of 4 to 5 percent thanks to changes made by the Federal […]
Yard and garden Consider taking on small yard and garden tasks yourself, such as mowing the lawn, pruning plants, or weeding. This can save you money on labor costs and help you develop new skills. Thrift stores, garage sales, and online marketplaces often have gently used gardening tools, planters, and other supplies at a fraction […]
Home Improvements 1. Try doing simple home improvement projects yourself. You can find tutorials online for tasks like painting, minor repairs, and gardening. 2. Visit salvage yards or reuse centers for building materials and fixtures. You can often find good quality items for a fraction of the price. 3. Buy materials and tools during sales […]
In a society where success and happiness are often equated with wealth, especially with the influence of social media distorting reality, many individuals, including seniors, can develop a condition known as wealth dysmorphia. This psychological state involves an unhealthy and distorted perception of one’s financial situation, akin to body dysmorphia but focused on money. It’s […]
As we move toward the summer holiday, my final thoughts for a while on spending. The statement “the best way to not spend money is to not buy things you don’t really want or really need” is a great piece of advice to follow if you want to control your spending habits. One of the […]
While name-brand products may have a certain appeal or reputation, it’s important to consider whether the extra cost is truly worth it. In many cases, the only difference between name-brand and generic products is the label and packaging, and the quality and effectiveness of the product itself are the same. There may be certain situations […]
The idea of not buying anything new and opting to buy used items instead is commonly referred to as “buying second-hand” or “thrifting.” This approach can be a great way to save money, reduce your environmental impact, and support sustainable consumption practices. When you buy used items, you are giving them a new life and […]
Savings fundamentals are the basic principles and practices that form the foundation for successful saving. You should have specific goals in mind for what you want to save for, whether it’s a down payment on a house, an emergency fund, or retirement. You should track your income and expenses to determine how much money you […]
When it comes to entertainment, imagination is often a great substitute for currency. When was the last time you went on a picnic? Tried out the swings at the local park? Parked your car at a scenic overlook? Went to the zoo? Went hiking? Camping? Played card or board games? I bet if we thought […]
When it comes to entertainment, imagination is often a great substitute for currency. When was the last time you went on a picnic? Tried out the swings at the local park? Parked your car at a scenic overlook? Went to the zoo? Went hiking? Camping? Played card or board games? I bet if we thought […]
