If you’re a young consumer (and even if you’re not so young) you probably think to yourself all the time that you should be saving more money. The problem is that, on today’s starting salaries, it’s tough to put aside extra money. Add to that the fact that, as a young adults, there are a lot of temptations out there, and putting aside money might seem impossible.

The fact is however that, even if you can only save $100 a month, it’s definitely worth it.

The reason is simple; compound interest. Even a small amount of money, put aside for 20, 30, 40 years or more, can turn into quite a bit down the road.… Read the rest

Today we live world where being a big spender is a symbol of status and is seen as positive, but saving money and frugality were once considered great virtues. Today, they are cultural oddities. Those who can save money, however, in most instances will have a much easier life than those who are reckless spenders. Saving money can be done in two ways. The first is the traditional idea of saving money that involves stashing funds away in a sock or a bank account. The other way that people can save money is through finding ways to cut spending. 

Credit card debt is a major problem for many.… Read the rest

The average American spends nearly $4000.00 a year on groceries making it one of the biggest expenditures after mortgages and energy bills.  Is it any wonder then that most people are constantly searching for new and better ways to save money when they go grocery shopping? Apps to track coupons, coupons themselves, in-store savings and frequent shopper discounts are great, don’t get us wrong, but there are several accepted ideas out there that, while they sound good, might not be saving you as much as you think on your weekly grocery bill.

With that in mid we out together a list of some of the worst grocery ‘tips’ that are out there so that, if you really are keen on saving money next time you shop, you concentrate on the things that help and leave behind the things that don’t. … Read the rest

Saving money really doesn’t have to be that hard.  There are literally dozens of ways that you can save every single day and, at the end of that day, they will have added up to a decent amount of money.  If you’re keen on saving this year then have a look at the Tips below and start putting them into effect ASAP.

No matter what you are buying ask yourself ‘do I really need this?’ The simple fact is this; most of us have housefuls of junk that we don’t need, don’t use and even don’t want.  If you don’t really, truly need that new whatever it is don’t buy it.… Read the rest