Learn how to live the frugal life with our helpful hints and tips.

energy saving tips: Turn down your thermostat
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Energy Saving Tips for Your Home: A Powerful Way to Save Money!

Looking to save money? The answer might be right at home. According to research by the Environmental Protection Agency, the average American household spends $2,000 on energy costs each year, with nearly 30% of those costs spent on appliances, lighting, and electronics. When you realize that more than 10% of that amount goes to lighting […]

Student looking at computer at student loan debt
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Could Your Student Loans Be the Key to Building Your Emergency Savings?

It’s not hard to believe that people who have managed to set aside money in case of emergencies enjoy a greater sense of “financial wellbeing.”  Freedom from worrying about the “what ifs” and a sense of pride in achieving a monetary goal would make anyone feel good. In reality, however, barely half of Americans have […]

Family eating cheap meal recipes
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7 Best Websites for Easy and Cheap Meal Recipes

When the U.S. economy took a plunge back in 2008, the amount of money Americans spent eating out took a parallel plunge. But since 2010, that number began to rise once again. In fact, it surpassed 2007’s previously highest dollar amount just 2 years later. We get it. Eating out is convenient: there’s little planning, […]

Credit cards: How to negotiate with your credit card company
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How (and What) to Negotiate with Your Credit Card Company

Most credit card holders think that late fees, annual charges, and interest rates are set in stone. Yet a 2017 survey by CreditCards.com found that 84% of cardholders who picked up the phone and asked for better terms were told “yes.” When negotiating with credit card companies, it helps to have a strong credit history […]

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Financial Literacy Month: It’s Not Just Money, It’s Your Life

Imagine your spouse of 30 years dies suddenly of a heart attack, and amid your fog of grief, you don’t realize you haven’t paid your power bill for three months. The power company is threatening to shut your lights off, and you don’t have the money because you drained your savings account to pay for […]

16 Reasons You Need an Emergency Fund
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16 Reasons You Need an Emergency Fund

1. Job Loss Whether you are unexpectedly laid off or fired, or you have to leave a job for personal reasons, living without a paycheck is extremely stressful. You need a stash of cash to make ends meet between jobs. 2. Hours or Salary Cut Maybe you still have a job, but your salary or […]

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9 Boring Habits That Will Make You Rich

Originally published on moneytips.com on March 29, 2018 The idea of being rich appeals to most of us. What’s not to like about a world where your only money trouble is how to spend it? Plus, in a world where money is plentiful, you’re free to do all kinds of exciting things most of us […]

College Savings Plans
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Paying for Your Child’s College: Get Higher Returns on Higher Education

If you have any doubts that a college degree is an investment in your child’s financial wellbeing, these statistics should put them to rest. According to CollegeBoard’s most recent study, a person with a bachelor’s degree can expect to earn 66% more in wages over a lifetime than someone with only a high school diploma. […]

Infgraphic 10 Habits to Become a Highly Successful Saver
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10 Habits to Become a Highly Successful Saver

Start creating these 10 habits to become a highly successful saver. 1. Making Savings a Priority Put aside a certain amount each month for your savings account, and make it automatic so you don’t even have to think about it. 2. Not Spending Your Raise This is one of the best opportunities to pay off […]

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SafetyNet Encourages America to Save in 2018

If you have less than $500 in your savings account, you are not alone. According to one Bankrate survey, 63% of respondents do not have $500 in savings to pay for an unexpected expense such as a sudden car repair or medical bill. While having low savings is common among Americans, you may be surprised […]