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Showing posts from December, 2015

How to Free Yourself from the 'I'm Poor' Mentality

Financial fears prevent you from taking financial risks, accepting new opportunities and making monetary decisions. They interfere with your financial security and freedom and hold you back from achieving financial success throughout your life. Start Saving Early - You might have to live paycheck-to-paycheck when you start your career. However, you can start saving a small amount of money every month and put it in your savings account. Come out from the Fear of Debt - While it may seem impossible to resolve all your debts, you can grow a large savings to cover your unexpected expenses and put down more cash while borrowing. Look for Affordable Housing Options - Go for smaller and affordable housing options so that you have enough funds to cover other expenses. Grow a savings and diversify your investment to afford a house. Build an Emergency Fund - You can overcome your fear of losing your job by building an emergency fund. You should save 6-8 months of earnings in your em

Best Ways to Save Money from Scratch

There are thousands of people all over the world who find it tough to save cash for a rainy day.You can save money from scratch. All you need is a few simple ideas. It will not be easy, especially in the beginning, but once you see it through with patience, you will benefit from it greatly.  Keep a record: A smart way to save cash is to keep a record of your monthly expenditure. This way, you can make sure that you do not spend more than the last month.  Use coupons: Using coupons when you go shopping for groceries and other household items can save you a significant amount of money. Buy necessities in bulk: Everyday essentials like toilet paper, detergents, trash bags, etc. are best bought in bulk to help you save money. Use coupons: Using coupons when you go shopping for groceries and other household items can save you a significant amount of money. Create homemade gifts: Greeting cards and gifts cost a lot these days. One way to save cash is to make your