Posts Tagged ‘save money’

5 Money Savings Tips You Can Benefit from Today

Posted March 27, 2009 by Bernz

When people become concerned about money, their first thought is that they’re simply not making enough at their current job. Well, switching jobs or even getting a significant raise are both tough things to accomplish within a short period of time. So, what can you do if you need more money? The answer is simple, look to you.
moneysave4
Most people are spending hundreds if not thousands of dollars each and every month on things that they do not need or are simply unaware of the money that they’re losing from not keeping track of it properly.

Below are five money-saving tips that you can begin using today to help you save hundreds of dollars or more every month.

Make a budget

Making a budget seems like a simple thing to do, but most people never do it. Simply writing down every single expenditure that you have on a monthly basis as well as writing down every single thing you buy will help you get a fantastic picture of just exactly where your money is going. Simply start crossing off the items that you don’t need and reap the benefits of the savings.

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Posted in Financial Education, Financial Goals, Frugality, Saving Money | No Comments »

Cash is King Once Again

Posted February 12, 2009 by Bernz

Not that long ago, investing was all about the hot stocks; the Googles, Apples, and RIM’s of the market. Solid, reliable stocks were considered boring and cash…well, cash was just unheard of in portfolios. Why would you want to have cash hanging around when you could be investing it in a stock or mutual fund that was about to reach astronomical heights?

cashis-king1In a bull market, most investors keep their cash balances to a minimum as they try to stay fully invested. However, when markets slide, cash is the right investment to hold. Cash holds its value regardless of the condition of the market and it always generates a positive return. That’s more than most stocks can say these days.

Holding cash in your portfolio also allows you to take advantage of bargain basement prices on quality stocks and mutual funds that will occur in the future. This allows you to pick and choose your time to jump back into the market with both feet. Being fully invested in a down market leaves you with the unattractive sole option of selling out of an under-performing stock to buy a bargain. This locks in your losses and paints you into a proverbial corner when it comes to finding the money to take advantage of deals.

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Posted in Misc, Saving Money, Stock Market Investing | 1 Comment »


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