Category Archives: ways to save money

The Two Ways to SAVE: Which is BETTER?

The Two Ways to SAVE: Which is BETTER?

One of the several ways to differentiate one budgeter from another is their savings method. As far as I can tell, there are two groups of people when it comes to their savings methods. Of course, within each group there are many variations, but on the surface, there are two ways to save. Here’s the advantages of both, and why I prefer one over the other. Continue Reading

Emergency Expenses – How Young Adults Can Expect the Unexpected

Emergency Expenses – How Young Adults Can Expect the Unexpected

Today, it seems like everywhere you turn financial advisers and mentors are instructing people to have an emergency fund. While young adults may struggle with saving money, I believe that my generation is going to succeed in this area because of certain advantages that they have. Despite my (perhaps illogical) confidence in people just starting out, it still is something important to cover. The simple fact is that emergencies do happen. If you are younger, you may think you are invincible or have a lot of time to think about certain things, but nothing is guaranteed. Ever heard the saying, “The best defence is the best offense”? Well, the same is true in finances. Continue Reading