Be Frugal and Avoid Just Being Cheap

Living the frugal lifestyle is a great way to free up extra money each month.  After all, it’s important to build an emergency fund of a few months’ worth of expenses to give yourself a cushion if any large unexpected charges come in, a lowes build and grow, or being able to float yourself for a few months in case of a sudden job loss, not to mention save for retirement, which will come quickly and you don’t want to be unprepared.  There is a line to cross though from being frugal, to well, just being cheap.

Have Proper Tipping Etiquette

If you have been out with a group for dinner and drinks and you just decide to split up the bill evenly, there always comes to a point where you are still short when factoring in a tip, where one or two always short money for a tip and others have to throw in a few extra dollars to make up for it.  Unless service was just terrible I can see dropping down what you were going to leave, but otherwise it should be standard to leave at least 20%, otherwise maybe you shouldn’t be going out.

Keep the Free Samples to a Minimum

Going to places like Costco where they have free samples available in virtually every aisle on the weekends takes the burden away of going shopping and fighting crowds a little, but there those that crowd around the toaster oven waiting for the fresh batch to come out, and when they do, basically take the whole tray back for them and their mooching family members as well.  Be cautious, grab one and keep shopping, they are samples for you to try, not providing a substitute for buying lunch.  After all, it is to entice you to buy the product.

Cutting the Cord but “Borrowing” Passwords

With the price of cable continuing to go up every year, not to mention if you really sit back and think about the number of channels you actually do watch in a given day, probably doesn’t add up for the need to continue to pay a couple hundred dollars a month so you may decide to cut the cord.  While that is all good, you should still buy an HD antenna to get local channels and then subscribe to the many $10 a month streaming services, but it is those that cancel cable and borrow your Netflix password that it crosses from being frugal to being very cheap.

Regifting

As you get older it really does provide more satisfaction to give someone a gift instead of receiving one, and I’m finding myself putting more thought into gifts each year and gone are the days of gift cards.  What is annoying those are the clear regifted items that just make you cheap.  I think of the movie Old School where Frank keeps trying to give away his bread maker that he got as a wedding gift.  It’s probably better to not give a gift at all instead of one day being caught for regifting.

Focus on Raising Your Credit Score in 2018

There’s plenty of talk about a resolution to lose weight, but what about your finances?  How about your credit score?  Those seems to be targets that are more important than probably losing ten pounds for beach season.  Instead of spending your days asking what a aaa membership cost, how about taking a hard look at your credit score and look for ways to improve it, so you can take advantage of the best interest rates on the market when looking for a mortgage, loan, or a new credit card.

Review Your Credit Report

There is so much fraud these …

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Why You Should Use a Credit Card for Christmas Shopping

One can argue that you should use a credit card for all purchases you make in a given month, but if you are afraid to totally rely on a credit card I don’t blame you, after all, it takes discipline to keep the balance down enough so that you can pay it off entirely by the statement due date, otherwise interest starts to incur.  If you want to try out baby steps and just use for Christmas shopping only, then you can start to see why using credit cards actually make plenty of financial sense.

Better Fraud Protection

When you …

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Why HR is Good for Your Business

HR is unfortunately one of the most overlooked and maligned departments in the business world. It’s not hard to see why, when looked at from the top down: the head of HR can never report to a CEO about the revenue they’ve brought into the business this year. They’re focussed on regulations and compliance, so they might find themselves in the position of having tell managers ‘no’ to ambitious plans and instead recommending longer and apparently less efficient courses of action.

Writing them off, however, is a path towards failure and low morale. A business that makes full use of …

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Money Moves to Make Now to Improve Finances

As we wind down 2017 it can be a great time to reflect back on what we accomplish this year, and what we did not.  Like most of us who create a resolution probably stuck with it for a while, only to give up and go back to living normal life.  While most strive to lose weight, others can focus on getting finances in order.  There is still time to make good on your resolution and set yourself up for success in 2018.

Finalize Tax Write-Offs

Whether you are not sure if you are going to owe and want to …

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How To Find More Time In The Day As A Business Owner

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When you are looking to get a hold of your financial life as a business owner and fics your finances, it starts with find more time throughout the day. That is when you figure out ways to earn extra money, stop money-wasting habits and begin to tend to your financial garden. And it starts with being able to take back time from wasteful activities and give it back to your growing business.

Anyone who runs a business knows how much it can take over your life. So to be a successful business owner and to not burn out, you need …

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How Credit Card Debt Can Quickly Spin Out of Control

In this cashless society, relying pretty much on credit and debit cards, especially with the ease of purchases between online shopping and swiping in-store, as the purchases continue to pile up, so does the credit card debt.  When you carry a balance over to the next month is when things can start to add up, now that you are paying interest and the monthly payment will need to be large enough to cover interest and chip away at the balance, before credit card debt can spiral out of control.

Charging to Earn Rewards

Rewards is probably one of the best …

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How to Confidently Invest in Forex

Forex, short for foreign exchange market, had gained momentum in the past few years. Previously Forex was traded mainly by large companies or those with experience and understanding of the foreign exchange market.

What has stimulated this change? One answer is that average investors now have more information available to them than ever before. In addition, the internet has not only provided a wealth of knowledge but it has also made access nearly instantaneous.

Returns with Forex, although riskier than some other investments, can be high. But of course, not all Forex investors are as successful as others.

This …

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Day Trading Basics: Limit Order and Other Terms

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Day trading is an excellent way to figure out how to come back from a terrible cublice job and embrace the real work of capitalism. The essence of capitalism is to acquire capital that will do your work for you. The return on capital is greater than the return on labor, so you should choose capital. Day trading, if you learn the proper strategies and techniuqes is a great way to get capital and put it to work for you.

Limit order is a term which day traders must be familair with. It is essentially and order to buy or …

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Smart Ways to Become Financially Successful

Handling the household finances can, I mean, is a tough job and is not to be taken lightly.  The wrong money moves and you could be set back years in debt, while risking saving for the future.  Whether it’s a family or friend that you can trust, or the opinion of a professional, it’s always a good idea to make sure that you are maximizing the potential of the finances, to make sure you are in good shape going forward, on the path to becoming financially successful.

Preparing for the Unexpected

You never know what life will throw at you, …

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