It’s so easy to get caught up in the joys and wonder of the holidays without realizing just how much you are overspending. Attending holiday parties, going out to eat, shopping for presents, and even traveling to visit relatives and friend all add up much quicker than we realize – and probably budgeted for. So, before you put your finances through the ringer and force yourself to make a New Year’s Resolution to get your spending under control, check out these simple tips to enjoying the holidays without breaking the bank. Continue reading “10 Tips for Surviving Holiday Overspending”
For most people, when they think about having a bank account, they assume that it’s just your basic checking or savings account. However, there are so many options when it comes to depositing money at your local bank. From the traditional checking and savings to CD’s and money market accounts, you can be sure that there is an account to meet all your needs. Continue reading “Where should I keep my money? Not all Accounts are the Same!”
Savings Clubs are making a comeback!
When it comes to personal finance, what is old has become new again. The latest new thing in thrift is the savings club, a time-honored tradition that our parents and grandparents relied on to accumulate money for the holidays or for a special purchase. With the advent of the credit card these plans have largely faded away, but are now enjoying a revival. The idea of the savings club is both simple and financially prudent. Instead of paying for your next major outlay, for example a vacation, a remodeling project or just your annual holiday spending blowout, by piling up credit card debt and racking up interest charges on top of whatever you may need to spend, a savings club account lets you plan ahead and start saving incrementally for your next big expense. Continue reading “Savings Clubs are making a comeback!”
“Recycled.” “Gently used.” “Vintage.” Call them whatever you like. But buying second-hand goods is a great way to save money to achieve your financial goals.
During the recession, Americans looking for ways to cut spending began shopping at thrift stores and buying used merchandise. The trend continues today with sales increasing 12 percent since 2008, according to the Association of Resale Professionals.