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This summer, you may want to spend quality time and make memories with your family. However, it will not be easy to organize an affordable family holiday. The famous line “money cannot buy happiness" may be difficult to believe while planning a fun-filled vacation on a tight budget. Fortunately, there are several ways you can save money on a family vacation this summer without producing a fall debt hangover. Here are five summer vacation suggestions to create a million-dollar feeling and strengthen your family bonds without breaking the bank. 1. The Awesome Staycation:…continue reading →

Credit card usage among Americans is exceptional. Seventy-four percent of all purchases, according to the Federal Reserve, are made with credit. Sadly, we are not nearly as good at paying them back. However, if you want to use credit wisely, you do not have to give up your credit cards. Instead, follow some straightforward practices that will allow you to benefit from them without any risky drawbacks. Use the following advice to turn credit cards into your best friend rather than your worst enemy. 1. Use A Limited Number Of Cards To Maximize…continue reading →

Credit cards can be an excellent financial tool that enables you to access benefits, improve your credit score, and earn rewards. But there is no getting around the fact that when you do not pay off your credit card balance in full, you are essentially borrowing money from it. Additionally, as is common knowledge, interest is a factor when borrowing money. When interest accumulate and compound, it can quickly grow out of control. Before you know it, you have a sizable debt that just keeps increasing. Thankfully, a powerful tool called a balance…continue reading →

The end of the month has arrived, which means it is time to pay the bills. You look at your credit card statement and discover that you can only afford the minimum payment once more. You are not alone majority of American consumers share this plight. According to data from Experian, the average credit card balance in the US for Q3 2022 is around $6,004. The good news is that you can reduce your credit card debt by negotiating with your credit card company. This guide will help you know how to negotiate,…continue reading →

Online grocery shopping is a perfect antidote to your busy life. It gained popularity during the COVID-19 pandemic when social distancing was the mandated norm. It is still a popular choice as it makes weeknights less hectic whether you order for pick-up or delivery and can also help you save money on groceries! Here are five ways grocery shopping can help you stay within your budget. 1. You Spend Less When You Are Not Browsing The Aisles: Wandering the tempting aisles of a grocery store is a sure-shot way to overspend on things…continue reading →

In an ideal world, no one would take out loans to pay off their debts, but in today's real world, there comes a time when borrowing money may be a great financial move. According to Joelle Scally, the New York Fed's Administrator of the Center for Microeconomic Data, "the second quarter of 2022 saw significant increases in credit card balances, mortgage, and auto-loans which were partially due to rising prices.” Further, the rumor of a potential recession that plagued much of 2022, is believed to be inevitable in 2023. Therefore, a personal loan…continue reading →

Debt is toxic in almost every form. To avoid it, one should take every precautionary measure possible. It can jeopardize your financial future. Nobody would be in debt in a perfect world, but that is not how things are in the real world. The way of life of the average man today has significantly changed. Debt issues are a major cause of stress and according to a 2017 survey by PricewaterhouseCoopers more than 53% of workers stress over finance. But not all types of debt should be the cause of keeping you up…continue reading →

Most of us aspire to be rich and it is not always possible as building wealth is a process that takes time, patience and constant effort. You not only have to have the right money mindset or right money beliefs but also maintain modest lifestyle habits.Habits are the actions you take not once but consistently throughout life. Therefore, if you are to achieve wealth and success in life you need to learn to adopt certain habits early in life. Here are the 5 most important habits you need to cultivate. 1. GET UP…continue reading →

Tax day is approaching and after the gifting season, you are probably debating what to do with your tax refund. You may have earmarked it as money to “blow”—that is money you can frivolously spend on all the fun things you have wanted but could not afford. But is there a better use for this money? While there are many ways to spend your refund check, you have the opportunity to use it frugally and not treat it as extra income. A tax refund is the money that you have earned over the…continue reading →

Even if you think you are frugal and have your finances under control, you still may be wasting thousands of dollars every year on unnecessary expenses that you may be unaware of. It is easy to notice when you are blowing up your budget on extravagant extras and luxury items but it is much harder to notice smaller, under-the-radar money wasters. If you are not paying attention to these expenses it can start to add up. Wondering where you are wasting your hard-earned cash? Check out these 10 top sneaky and surprising reasons…continue reading →