October 23 Tip of the Week
Budget about 30% of your income for lifestyle spending. This includes
movies, restaurants and happy hours—basically, anything that doesn’t
cover basic necessities. By abiding by the 30% rule, you can save and
splurge at the same time.
October 16 Tip of the Week
Track your net worth. Your net worth—the difference between what you own
and what you owe—is the big-picture number that
can tell you where you stand financially. Keep an eye on it, and it can
help keep you apprised of the progress you’re making toward your
financial goals—or warn you if you’re backsliding.
October 9 Tip of the Week
Weatherproof your home. Caulk holes and cracks that let warm air escape
in the winder and cold air in the summer. Your local hardware store has
materials, and quite possibly useful advice, about inexpensively
stopping unwanted heat or cooling costs.
October 2 Tip of the Week
Ask your local electric or gas utility for a free or low-cost home
energy audit. The audit may reveal inexpensive ways to reduce home
heating and cooling costs by hundreds of dollars a year. Keep in mind
that a payback period of less than three years, or even five years,
usually will save you lost of
money in the long-term.
September 25 Tip of the Week
Attend high school rather than college or pro sports events. High school
sportsevents rarely cost more than $5 and are often free, with hot dogs
and sodas typically costing $1-2. College and pro football and
basketball games rarely cost less than $20, and their concessions are
usually several times more expensive.
September 18 Tip of the Week
Be aware of your cell phone costs and how to reduce them. Cell phone use
has dramatically increased communications expenditures in many
households. Understand peak calling periods, area coverage, roaming, and
termination charges. Make sure your calling plan matches the pattern of
calls you typically make.
September 11 Tip of the Week
Assess your communications costs. As Internet and wireless use grows,
many consumers are overpaying for unneeded communications capacity. For
example, you have a cell phone and two phone lines – one for your
computer – consider receiving personal calls on your cell phone so you
can give up one of the phone lines.
September 4 Tip of the Week
Keep your car engine tuned and tires inflated to
their proper pressure. Doing both can save you up to $100 a year in gas.
August 28 Tip of the Week
To avoid over-extending yourself, think before
you act. Before you sign on the dotted line for a large ticket item,
such as a house or car, you should examine your budget and rent or
borrow the item to ensure that your purchase will be a true fit.
August 21 Tip of the Week
Until the money is in your account, don't spend
it. Many moneymaking ventures are not quaranteed and it's not wise to
gamble with what "may be".