GuidesSavings

How To Battle Lifestyle Inflation

Lifestyle inflation refers to increasing one’s spending when income goes up; this tends to continue each time someone gets a raise, making it perpetually difficult to get out of debt, save for retirement or meet other big-picture financial goals.

Read more
GuidesSavings

Savings and Investment Myths: The Microtermist’s Mirage

The human mind tricks us into believing a number of savings and investment myths. One of its most dangerous tricks is with the thought that one is actually saving money when he or she consistently set cash aside for a few days, say 7 days. It is a very dangerous trick that can destroy anyone financially.

Read more
GuidesSavings

5 Smart Ways To Invest Your Wedding Gift Money

Seeking out options for smart use of monetary wedding gifts requires a lot of thinking, but is that what you really want to spend your honeymoon on, drawing up plans on how to invest the wedding cash? Most likely not, but then a choice not to do that definitely has its own costs.

Read more
Guides

How To Take Control of Your Debts

While debts can be easily abused, it isn’t necessarily bad. Making a few smart lifestyle decisions and maintaining some discipline can keep it under control.

Borrowing to pay for a home, for example, can be good. You gain equity as you pay down your loan or mortgage. Also, your mortgage interest can be deductible on your income taxes.

Read more