Archive for the ‘savings’ Category

Save It Before You See It

Thursday, April 17th, 2008

Could you benefit by saving money you don't see each month? I suspect that there are plenty of people that treat their money the way I do - whatever is left gets spent (and then some)! For people like me, figuring out a way to save money "automatically" can make ...

Making It Through Money Emergencies

Thursday, February 28th, 2008

Money emergencies are inevitable!  They occur at inconvenient times; they cause frustration and anxiety; and they are detrimental to budgets, especially tight ones.  Unfortunately, many people are unprepared to handle money emergencies without accumulating additional debt and/or risking long-term investments.   While it is impossible to stop money emergencies from happening, ...

Need Help Saving Money? Try “America Saves” Week

Monday, February 25th, 2008

Where is "saving money"on your list of financial priorities?  If it is a low or non-existent priority, you are not alone.  Millions of Americans live "paycheck to paycheck" with no financial cushion.  For the last couple of years, the personal savings rate in America has been negative.  Obviously, saving little ...

Cutting Costs By Clipping Coupons

Monday, October 22nd, 2007

Month after month, one of the most expensive spending categories in our budget is FOOD.  One of the ways we try to control our food costs is by using coupons.  Without questions, coupons can save money.  Even casual coupon usage can add up to significant savings over time.  If you ...

Working (and solving) the Educational Savings Puzzle

Thursday, September 13th, 2007

"The main difference between real-life puzzles and artificially constructed ones is that the former have no identifiably correct solutions, while the latter always do." - Will Shortz Many parents would argue that the puzzle of saving for education is the most challenging one they face. As ...

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 ...