7 Meaningful Ways to Spend Your Money
Spending money can be fun. The mere thought of spending money can bring excitement to most people. And when it comes to spending money wisely in a meaningful way, saving and investing money for the future is what comes to our minds first. That’s, indeed, the most meaningful and practical way to spend your hard-earned money. But that’s not the only way. Not everyone is fortunate enough to have some money left after satisfying all their needs. Then, most of them who are able to save some extra money either by trimming expenses or increasing their income, usually spend their money on unnecessary things that neither add value to their…
21 Silly Things You Are Wasting Money On
There might be some things or services you spend money on regularly without actually realizing that that’s the money you are wasting. Imagine saving couple of hundred dollars each month for a year, and see what number you come up with. Surprised? Money is great to have as long as you manage and spend it wisely. Money can buy freedom and options that allow you time and extra cash to spend on meaningful pursuits or things that bring you happiness and long-term pleasure. But most of us don’t manage our money well. And we don’t even realize how we waste it. More than 8 of 10 Americans admit to wasting money,…
Proven Ways to Reduce Your Financial Stress Significantly
Financial concerns have been proven to cause much stress and anxiety. Almost everyone is affected by financial stress at some point in their lives. It comes with various levels of intensity. According to a 2018 study conducted by Northwestern Mutual, 44 percent of Americans were more stressed out about money than any other issue. A person’s financial situation has a significant impact on their mental and physical well-being. WebMD lists finances as a major stressor that’s capable of triggering long-term diseases – causing you more stress and busting your budget even more. Financial stress can put a strain on other aspects of your life, too. It can affect your relationships with your…
An Emergency Fund And Your Peace of Mind
Having an emergency fund is probably the most important step toward attaining financial freedom and some peace of mind. It is the foundation of your family’s finance. An emergency fund is not something extra or optional but a necessity for you or your family’s financial well-being. Having a healthy emergency fund is now more important than ever. The recent Coronavirus outbreak has shown us the importance of having an emergency fund and the difference it makes when a crisis hits. The economic fallout caused by the Coronavirus pandemic has been swift, with investors, service-industry workers, retailers, and small business owners taking an especially hard hit while the rest suffered from some…
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