Wondering how to save money? This page gets you started with saving and makes sure your savings plan works for your personal finance needs.
Saving On Your Heating Bill This Winter
It is possible to save money on heat this year, even if you live in an old drafty house. A greater reliance on central heat, energy efficient windows, and water and air resistant house wrap products have made it much easier for owners of new homes to save money heating and cooling their homes.
Ways To Save Money
Here's a sample family budget. How can this hypothetical family save more money? Here are five great ways to save money that should help all of us.
Financial Planning Before Marriage
It is important to talk about your personal finances with your future spouse before you get married. You and your fiance should sit down to talk about your money values: How you feel about money, how much cash you need to live on, what you're willing to give up in order to save money. Do you and he agree on what you should spend to furnish your home, go on vacation, and for your vehicles?
J.K. Lasser’s Homeowner’s Tax Breaks
There are 65 million homeowners in the U.S. and there are almost as many tax savings opportunities offered to them. Unfortunately, beyond the most com...
Good Advice about Money and Life
Looking for some good advice about money? Try focusing on leading a simple life and staying debt free. Keeping life simple and avoiding debt allows you to spend less mental energy and financial resources on material possessions. In the end, you'll have more than you need, which is a great way to live.
Reverse Mortgage May Help In Retirement
When you're in retirement you want a consistent, stable flow of income such as from a certificate of deposit. What should you do if your CD's rate of return can't match the income you need? You could move the money into a Roth IRA. But changing over to a Roth IRA may cause funds to be taxed at a higher amount than what would otherwise be paid on a year to year basis. Another alternative is a reverse mortgage.
Green Home and Office Design: A Good Investment
Building and designing green homes and offices is a good investment. Not only does designing green homes and offices save money, but it's also good for the environment. There are many marketing and insurance incentives for companies to design green homes and offices.
Working Toward Retirement With High Debt
A couple is in debt and close to retirement. They need to stash away as much cash as possible to rebuild lost savings, pay off debt, and get into a position where they can retire. Since the husband traded a higher-paying job for a lower-paying one, they may have to wait several years before they build enough savings to retire.
How To Save Money For Retirement
Are you saving enough for your retirement? Most Americans don't have enough put away for retirement. You should be deferring 10 to 15 percent of your income toward retirement. A budget calculator like the one at choosetosave.org can help you figure out how much you'll need for retirement.
Pay Off Your Loans First
Here's what financial planners have known for years: Every dollar you spend to prepay a debt (any kind of debt) actually earns you the interest rate the debt carries. To rebuild your savings, simply take the money that you would have spent each month on your debt, and keep tucking it away into your savings account.