Increasing your savings is the key to establishing a sound financial future. The more you save, the better you will be able to handle unexpected emergencies and the sooner you will be able to meet your financial goals. If you save large amounts, it may be possible for you to retire comfortably and to send your children to college. Best of all, money that is saved earns interest income. (more…)

I think I've heard it all when it comes to money. When people state that they are happy with their financial situation, know that their problems might fall into one or all three of the following categories.

Spending too much - When I grew touch money - real money. If we had no coins in my pocket just not happening. We had lines of credit, credit cards or overdraft protection. Cash was all I knew. (more…)

Caught your attention, huh? Okay, there IS a catch. I admit it. You can’t do anything illegal. You have to report all your income. You can’t work under the table. You’re following all the rules. So how are you making money that the IRS can’t touch AND staying out of jail?

You’re going to use frugality to make your current income do more than seems possible! For example, if you make $35,000 per year, by using frugality you can make it do the work of $45,000. You’ve just “made” $10,000 that you don’t have to report to the IRS! (more…)

During this hard time due to economic crisis, we have to find a way to survive. Income becomes less and you are considered lucky if you still receiving your recurring monthly salary. Your spending power is diminishing because all goods prices and services are soaring up. Saving money is become a main priority for families and willingness to save every dime is a must. Family saving money is an important topic to discuss because the effect will be surprising. It can change family financial situation in the long term. (more…)