Archive for the ‘savings’ Category

Where should children save money?

Thursday, August 16th, 2007

NOTE:  This post addresses general savings options, NOT educational savings options.  Educational savings options will be covered in a later post.     Parents are responsible for teaching their children LOTS of things!  One of the major things children have to learn and understand is FINANCES.  In particular, children need to understand the ...

Put your article here…

Tuesday, August 14th, 2007

If you have an article that you would like to have featured on My Money Thinks, submit it for our blog carnival consideration.  We are accepting articles related to all areas of personal finance and we want to read what you have written. SUBMISSION DEADLINE: Saturday, August 25, 2007 Links to accepted ...

Get interested in “getting” interest

Monday, August 13th, 2007

   Are you one of those people that is not interested in interest?  If so, you might want to get interested.  Not just in earning interest but in "getting" (understanding) it also!  Whether you realize it or not, you have an interest in interest.  It affects your mortgage, your car ...

Money can be flexible

Thursday, August 9th, 2007

   If you knew that you could reduce your tax burden legally and simply would you?  If your employer offers a Flexible Spending Account as part of your benefit package, you can do just that!    Flexible Spending Accounts (FSAs) are also referred to as "reimbursement accounts" or "flexible spending arrangements".  ...

OSAs are MVPs

Monday, August 6th, 2007

   In spite of a number of "doom and gloom" reports regarding the poor savings habits (or lack thereof) of Americans, consumers cannot complain about the availability of high-yield savings options.  The majority of those high-yield accounts are provided via the Internet in online (or "virtual") banks.    Online banking has ...

5 Strategies for “Sales Tax Holiday” Shopping

Monday, July 30th, 2007

If you are lucky, you live in a state (and a city) that offers a "sales tax holiday" for back to school shopping. Slowly but surely, more states legislatures across the country are passing laws that suspend, albeit temporarily, the collection of sales tax for a few days during ...

Save $10 Next Week

Friday, July 27th, 2007

Here are 10 easy ways to save AT LEAST $1.  Try them next week and see just how much "extra" money you find!  1.  PAY CASH - Research shows that you WILL SPEND MORE when you pay for your purchases with plastic (debit or credit).  Depending on which estimate you read, ...

Simple Supermarket Savings

Wednesday, June 20th, 2007

One of the largest categories in our monthly budget is FOOD.  Here are just a few ideas that save me money at the store without costing me a lot of time in preparation! 1.  SHOP REGULARLY - When you shop on a regular basis, you begin to get a feel for ...