One of the most important things you can learn in life is how to save money. It’s the first stride in getting where you want to be. Studies show that those with a savings plan, regardless of income, are more likely to spend less than they earn. Living within your means is the best approach […]
Category: Finance
What to Tell High Schoolers About Money
This is what individual experts have to say generally about an issue that affects each person differently—if you want personalized advice you should see a financial planner. Think Outside the Box It’s hard to argue that your student would be better off not going to college, given all of the statistics to the contrary: Just […]
Saving money on a property by the sea
Many of us dream of owning a property by the sea, but are put off by the price tag. Whilst many coastal properties are expensive, this isn’t a general rule and there are some bargains to be had out there. Here are a few tips for saving money on real estate by the sea. Search […]
UAE residents share views on saving money
Faisal Shah Abdul Nazar, 31, Indian, QAQC Engineer “For Indians, the main purpose to come to the Gulf is to be able to save money. Because I saved money from my previous jobs in Kuwait and Saudi Arabia, saving in the UAE is not a problem. The living expenses in other countries are lower than […]
You don’t have to overpay for your first house
A typical first-time homebuyer pays thousands of dollars more than an experienced buyer would pay for the same house, according to research from two housing economists. First-time buyers overpaid an average of about $2,200, or 0.79%, for their homes, according to senior economist Jessica Shui and economist Shriya Murthy of the Federal Housing Finance Agency. […]
Market corrections an opportunity to buy bargains
The United States equity market experienced a sudden bout of volatility last week Monday. The Dow Jones Industrial Average logged its largest point decline, closing down just over 1 175 points, although it had briefly dropped nearly 1 600 points during the day. It was the index’s largest one-day percentage decline since August 2011. The ripples were […]
10 practical tips to jumpstart your savings
Here’s a few tips culled from financial guru Dave Ramsey, who has helped millions of families in the US to become debt-free, and personal finance expert Alexa von Tobel on how to win with money. 1) Have a written game plan: use the zero-based budget! If you’re one of the many residents who scratch their […]
BBB CONSUMER TIPS: Beware of Valentine’s Day scams
With Valentine’s Day just days away, the Better Business Bureau advises people looking to start new relationships to watch out for romance scams. This is a scheme wherein unscrupulous individuals look to defraud people by pretending to be a love interest and playing on emotions for their own financial gain. This type of scam usually […]
Millennials wary of investing are at risk of shortchanging their retirement
A recent survey by Ally Bank found that 61 percent of Americans found investing scary, with millennials the most likely to report feeling intimidated. Millennials’ biggest fear: losing money on investments. Why so much angst? Millennials are the generation that came of age during the worst financial crisis since the Great Depression. They watched markets […]
How much house can I afford?
Buying a home can be lots of fun. It’s exciting to see all those years of dreaming come to life in a place you can finally call your own. With so many possibilities at your fingertips, it’s easy to get caught up in the excitement before asking yourself the most important question of all: How […]
How to get your kids excited about saving money
Rachel Langlois, from Cyprus Credit Union, shares her tips for getting kids to start saving money at an early age. Living Your Best Financial Life – Kid Once a kid hits those elementary school years, it`s time for them to start discovering the importance of earning and saving money. Here are some of the ways […]
Seven tips to help you plan your next ‘bleisure’ holiday
Travelling for work has its pros and cons: you get to visit a new destination with all your expenses covered, but you’re taken away from your family. Look for the silver lining though – with your own expenses covered, you could use the opportunity to convert your business trip into a family holiday. AVANI Hotels & Resorts in Namibia, Lesotho, […]