Money Tips Network

Fall is the perfect time to visit a relaxing hot spring. The heat of the summer is over and the hot water feels great against the chilly air.

Working hard to earn and maintain excellent credit scores is certainly worth your time. Your credit scores impact your bottom line in many different ways, from the mortgage rates you receive to your car insurance premiums to the deposit requirements you’ll pay. Building great credit is nothing short of a wealth building strategy.

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https://www.wisebread.com/13-ways-you-can-get-more-money-from-your-bank

Here are 13 great ways to use your bank's financial toolsearn more money from your...

One of the ideas that I’ve really been struggling with in terms of teaching my kids about money is the power of compound interest.

They understand the value of not spending money and saving it for the future. They’re able to set big savings goals for themselves and not touch allowance or birthday money for months to achieve that goal.

They’re pretty good at understanding that it’s usually beneficial to hold onto your money until something really good comes along rather than just buying the first cool thing they see. The willpower part isn’t hard.

They even understand that if you put money in a bank or use it to buy something valuable, your money will grow while you save it.

Where things get tricky is with the idea of compound interest. This has been something I’ve struggled to illustrate for a long time.

A few months ago, however, a reader named Jeremy sent me an idea:

Coupon books are almost an afterthought at this point: Low-tech, bulky, burdened with an up-front cost.

But as consumers have learned after years of flash deals, Groupon, LivingSocial, and other discounting experiments, discounts are only worthwhile if they’re worth something to the consumer.

More than a decade ago, TSD founder Trent Hamm quickly reached the conclusion that coupon books like the “Entertainment book” are worth the cost if you use them correctly. If you buy one as a fundraising tool for a school or charity you enjoy, it’s a great way to support those interests. If you skip ahead and separate the coupons you need from the coupons that are just trying to get you to try something new – Trent had a weakness for 2-for-1 coffee at the time – you’ll be able to use the book more wisely.

Living within your means is trivial if you're a billionaire (or at least, it should be!) But what about the rest of us non-billionaires?

Spending less than you earn is one of the most important things you can do to become financially independent. There has to be more coming in than going out.

It's definitely easier to live within your means if you have a lot more money coming in. It's good raw material, and a great recipe, for having money left over.

In the span of just a few weeks this last month, my husband and I faced over $6,000 in surprise expenses. First, our car broke down and needed a new battery, brakes, and rotors, for a grand total of $1,100. A visit to the orthodontist led to a $2,700 bill to fix my youngest child’s underbite. Next up, we had to replace some rotten wood on the back of our home after we demolished our deck.

After that, my youngest child (the one with a new contraption to fix her jaw) fell off a jungle him and broke her left arm. That zapped our health care deductible in an instant, but fortunately she’s okay.

What does all this mean? We spent a big chunk of our emergency fund without any warning at all. It was stressful in some ways, but also a huge relief.

You've upgraded your phone. Isn't it time to upgrade the way you charge it, too? Now you can charge with no wires, no frustration, and possibly in less time than you're used to.
What is a wireless charger?

Wireless chargers are portable chargers that don't require wires or cables.

In my ongoing quest to build a library of pre-1990 money books, I recently heeded a reader recommendation to buy and read How to Get Rich and Stay Rich by Fred J. Young. Spoiler alert: I liked it! But I almost didn't read it.

You see, everything about this book exudes scamminess. The title is scammy. The cover looks scammy. The amateurish formatting seems scammy. But the book is not scammy. How to Get Rich and Stay Rich is a marvelous prototypical book about early retirement. I enjoyed it.