Archive for the ‘Personal Finance’ Category

What You Need to Know about Overdraft Protection

Friday, November 21st, 2008

It is quite stressful to commit an overdraft: not only do you have to forward sincere apologies to your merchant for releasing an invalid check, but you also need to pay outstanding fees to your bank for spending more than what is left in your account. One way of protecting ...

How to Save Yourself from an Overdraft

Friday, November 21st, 2008

Overspending is one of the most common threats to proper financial management: you get to make many purchases or render several services, but you also lose lots of money in the process. In fact, overspending sometimes results in an overdraft: the act of spending money or releasing checks whose amounts ...

Manage Your Debt, Consolidate Your Loans!

Friday, November 21st, 2008

The accumulation of debt usually results from the improper management of money -- may it be in the form of not knowing how to budget your personal finances properly or not learning how to control your spending habits. One effective way of managing your debt is to apply for a ...

Unless Your Parents Were Wealthy, Don’t Do What They Did

Friday, May 30th, 2008

Unless Your Parents Were Wealthy, Don't Do What They Did Here's a quick tip for today... Unless Your Parents Were Wealthy, Don't Do What They Did Too often we are given advice from non wealthy people about how to get wealthy. That's like taking dietary advice from a glutton. A quote by Einstein ...

Understanding Compounding Interest and Compounding Interest Calculation

Friday, May 30th, 2008

Understanding Compounding Interest and Compounding Interest Calculation When you borrow money from a bank, you pay interest. Interest is really a fee charged for borrowing the money, it is a percentage charged on the principle amount for a period of a year - but they often calculate it daily. The same can ...

10 tips for financial intelligence

Wednesday, May 28th, 2008

INVESTING is growing more complex by the day as we are bombarded with new products, new strategies and ever changing market conditions. However, if people follow a few simple rules, they can make sense of the confusion and enjoy success in the investing game. Here are 10 of the best tips ...

Cook your own meals… you lazy…

Tuesday, May 27th, 2008

Cook your own meals... why?   1. It's cheaper 2. It's heathier 3. You're learning new things Now how many people at your office eat both breakfast and lunch at work? Sometimes dinner too!. Do the maths Cost of eating out: Breakfast: ($8.00/day) = $56.00/week Lunch: ($8.00/day) = $56.00/week Dinner: ($12.00/day) = $84.00/week Breakfast: $2,680/year (365 minus 30 days of ...