Savings and Budgeting
Savings Calulator : Basic Compound Interest Principle ($) Contribution ($) Frequency AnnuallyWeeklyBi-weeklyMonthlyQuarterly2 Years Interest Rate (%) Time Period (yrs) $0 What is your starting balance? What is the interest rate? How many years? * Numbers and decimal points only. IF I SAVE $600 IN A MONTH HOW MUCH WILL I HAVE You will have: DURATION …
So you need a phone. Mom and dad are reluctant to part with some cash. “Don’t worry, in a few years time you’ll be 18” they say “and we’ll get you the best available then.” Let’s not remind them that “a few years time” is 3 years from now… 36 full months. Assuming they’re not …
16 SIMPLE WAYS TO SAVE MONEY FOR A PHONE AS A TEENAGER Read More »
All you need do is save: $1 on week one. $2 on week two. $3 on week three. If you increase your weekly saved amount with 1 more dollar, by week 52 you’ll be saving $52.This gives a total of $1,378 at the end of 52 weeks. Below is a breakdown of the 52 week money challenge: Check Week …
Do you earn in pennies but want to increase your savings after one year? Are you teaching your children the importance of saving and are looking for an easy way to do so? If any of these is true about you, then look no further. We’re introducing to you the 1p savings challenge. It is …
1P SAVING CHALLENGE – HOW TO SAVE £667 IN ONE YEAR Read More »
How to save 10000 in 6 months. To save $10,000 in 6 months, you must first know how much you’ll need to save in a month. The formula is: 10,000/6 = 1,667. To save $10,000 in 6 months, you must save $1,667 each month of the 6 months period. Looking at your income, is it …
Have you ever wondered what finance would be like without a budget? Well, there’ll be no finance. When we talk of budget, we talk of numbers. Today, let’s introduce you to another number: the 60-30-10 rule budget. WHAT IS THE 60-30-10 RULE? It is a budget rules that says you should save 60% of your …
WHAT IS THE 60-30-10 RULE BUDGET? – THE LIGHTNING-FLASH SAVER Read More »
Delicate questions are answered delicately. How much cash should I have on hand at home? Financial experts do not agree on a particular amount. But here is the principle: Keep enough money to take care of 3 – 6 month’s basic expenses and enough for an emergency. Financial advisers and ‘gurus’ are divided on a …
HOW MUCH CASH SHOULD I HAVE ON HAND AT HOME? (ULTIMATE GUIDE) Read More »
IS IT BETTER TO PAY OFF A DEBT OR SAVE THE MONEY? This is an interesting question. If you need a quick answer. Here it is: Yes. It is almost always better to pay off debt and save later. Than to save money, while you’re stuck in debt. Now, let’s add some context. ADDING CONTEXT… …
IS IT BETTER TO PAY OFF A DEBT OR SAVE THE MONEY? Read More »
If you’re like most people, you probably have some debt. Maybe a car loan, a student loan, or a credit card balance. Maybe it’s all of the above. Whatever the case may be, it’s important to understand your debt situation and make a plan to pay it off. There are simple tips to reduce debt …
In 2006, when Elizabeth Warren published her book, All Your Worth – The Ultimate Lifetime Money Plan, she obviously could not have foreseen the impact she was about to make in the world of finance. Today, some 16 years later, the world is still talking about the 50-30-20 rule. What is the 50-30-20 rule? Is …
THE 50-30-20 RULE – THE ULTIMATE LIFETIME MONEY PLAN Read More »
