Category Archives: Saving money

Cheers for the not-so-mighty dollar – 1 – global currency – MSN Money

I’m trying to decide if this is good news…

Cheers for the not-so-mighty dollar – 1 – global currency – MSN Money.

The 50/30/20 budget fix – 1 – budgets & spending – MSN Money

It’s not easy, but the 50/30/20 budget fix works. Start where you are, and work toward the 50/30/20.

And why limit yourself to the 50?

  • It gives you flexibility. Your income could drop by half and you’d still be able to pay your essential bills. When your must-haves eat up more of your income, you have less ability to cope with setbacks such as layoffs, reduced work hours or unexpected expenses.
  • It helps you figure out what you can and can’t afford. If you’re considering adding a loan payment or other contractual obligation to your overhead, you simply check to see if it would push you over the 50% mark. If not, you can consider adding the payment; if so, you don’t.
  • It gives you balance. Limiting your overhead allows you to have money for the pleasures in life, such as dinners out and vacations, without stress. It also allows you to get out of debt and save for your future.

The 50/30/20 budget fix – 1 – budgets & spending – MSN Money.

Economists more confident about the economy – Business – Stocks & economy – msnbc.com

I’m glad to hear economists are feeling better about the economy. I’m not sure sure, myself, and I’m not alone. According to USA Today, people are very cautious with their money in this economy. Almost 70 percent have every intention of stocking away their tax refunds this year into “rainy day” funds. We are all living in “just in case” mode as much as our grandparents did during the Depression.

So what can a person do in this economy to give themselves the sense of security that has been severely lacking for about ten years now?

First off, find ways to save. Yes, put that tax refund in savings. Buy with cash, not credit. Develop and stick to a budget. Track every expense and watch for opportunities to cut expenses–cheaper cell phone service with the same benefits? Jump on it. Paying for trash pick up when the dump is two miles away? Make that a weekly trip. Forget something at the grocery store at least twice a week and end up paying double for it at a convenience store? Make a grocery list and stick to it.

There are ways to save, even in this economy. Find those that are no brainers, and do them today.

Economists more confident about the economy – Business – Stocks & economy – msnbc.com.

3 reasons to charge it this holiday – shopping perks – MSN Money

The holidays are fast approaching, and often money is tight this time of year. You might want to reconsider that old no-no, credit cards!

3 reasons to charge it this holiday – shopping perks – MSN Money.

Credit unions, small banks woo customers ired by big banks fees – Central Penn Business Journal

My father in law owned many businesses over his lifetime. He once told me that he never had trouble making money–he had trouble keeping it.

Money can leak out of your organization from many places–missing office supplies, wasted time by employees who should be working, high bank fees…the list goes on. Today, take a look at places your business could cut some costs, thus keeping more of your hard-earned money.

Outsourcing can be a quick way to cut some costs–check with Moore Bookkeeping today if you’d like to see how we can help you hold onto more of your cash.

Credit unions, small banks woo customers ired by big banks fees – Central Penn Business Journal.