During the recession Americans’ personal savings rate hit 5.5% in 2011 versus 0.8% in April 2008.

As a result, you may have more money than usual sitting in your checking account right now.

Your savings account may also hold a huge chunk of money that you still have to figure out what to do with.

That is very understandable.

But the average bank account pays only from 0.03% to 0.15% interest rate. Read the full article…»

When you think about preparing for early retirement, you likely think about gaining financial independence, building wealth, following certain retirement strategies - making sure your finances are in order.

But there are definitely other equally important aspects to consider as you redefine your life and look forward to your new future.

Prepare yourself for a happy, healthy and fulfilling future retirement with these simple tips: Read the full article…»

Everyone would like to eliminate their Credit Card Debt and gain financial independence.

Did you know that an average American household has over ten credit cards with an average balance of $11,000?

Quite overwhelming facts, are not they? Read the full article…»

Impulse buying is typically buying something that isn’t within budget or a part of a monthly spending plan. It’s a purchase that isn’t necessary. It’s a product or service that taps into the customer’s emotions.

As for me, I feel strongly against impulse buying, because it’s one of the largest causes of consumer debt each year.

There are a number of ways to stop impulse buying, if it’s causing problems for you each month. Take a look at this list of 16 different ideas to stop impulse buying. See if you can apply all or any combination of these to your situation to change this behavior. Read the full article…»

By purchasing a used car, you can save a lot of money.

A new car depreciates quickly in the first few years and after 3 years, it is worth only about 60-70% of the original price.

In fact, as soon as you leave the dealership, your new vehicle is suddenly worth from $1,000 to $2,000 less.

Read the full article…»

In these troubled economic times the budget gets tight, and every penny counts more than ever!

When you’re looking for ways to save, the Internet can be a great resource with its unlimited opportunities.

Try these websites, or search for “frugal living,” “comparison shopping” or “money saving tips” for even more ideas.

Read the full article…»