Browsing CategoryFinance

More Than an Inheritance: Help Your Children Become Financially Stable

Photo by CC user Skitterphoto on Pixabay Most parents consider the benefits of leaving an inheritance for their children. It ensures they have a financial cushion and a safety net to fall back on, and may even allow them to make investments of their own, such as buying property. But as any parent who is trying to save money for their children’s future has come to realise, the financial conditions of today are more challenging than ever before. Here are four ways you can help your children become financially stable, instead of passing on financial burdens. Teach Them Financial Discipline In…

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3 ways your household is wasting money

There’s no denying that running a household can be expensive. However, the chances are you’re unknowingly overspending on several things, which could be putting your finances under unnecessary strain. So, if your bank balance has seen better days, now’s the time to take control of your spending habits. One of the easiest and most effective ways to save cash is to pinpoint what your home’s biggest costs are and to find ways of cutting them. Here are three areas where you may be wasting money. 1. Home insurance Your home is one your biggest investments, so having insurance really is…

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Tips for saving money on your monthly bills

When it comes to reining in spending, you might find it hard to realize further gains after picking the low hanging fruit in your financial outgo (i.e. discretionary spending). However, your monthly expenses (utilities, mortgage payments, etc) has more wriggle room than you might give them credit for. Below, we will show that saving money on your monthly bills is not the impossible task that you’ve made it out to be in the past… Upgrade your current windows to save on heating In places like Western Canada, the potential savings from installing proper windows can be enormous, as winters in…

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The Best Apps for Making Money

Apps: they entertain us, guide us to our destinations (unless you still use Apple Maps…), and they clue us in on that hot new restaurant around the corner. However, can they help us solve one of the average person’s biggest problems, which is how to save any percentage of their paltry paycheck? They certainly can, as the four best apps for making money will aid you significantly in the achievement of this difficult goal… 1) Acorns Ever whine and complain about how hard it is to save money? For most, it isn’t because they lack the income to set aside…

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