For today’s guest post, we’ve got Sam Radbil, lead writer of ABODO Apartments, an online real estate relocation marketplace.
Ho-ho-ho! It’s December again, and you know what that means–it’s Christmas time again! Christmas is one of my
You don’t need to live a very frugal life to be able to save money as a college student. Here are six ways on how you too can save money while you’re still in college!
Do you have a retirement fund? You do? Awesome! You’re well on your way to a bright future!
I have four bank accounts with two different banks.
I was still in college when I decided to open a new bank account in the same bank as my first account that I’ve had since I was in high school. When I told this decision to my dad, he immediately accompanied me to the bank.
To my surprise, the banker told me that it wasn’t such a good idea, at least not for my age.
How much money should you save each month?
This question always comes up when it comes to asking about personal finance. Many people want to know how much money they should be saving each month. And it makes a lot of sense. In order to be able to save money, one should have a plan, and knowing what numbers should be in that plan is important.
But the thing is, it’s impossible to give a quick answer to how much money you should save each month.
More often than not, it’s always the disciplined people who achieve a lot of things.
Mark Zuckerberg, CEO and founder of Facebook, always announces his annual New Year’s Resolutions publicly and guess what? He manages to keep his resolutions, every single year.
Sylvia Plath, the award-winning author of the book The Bell Jar, made sure to wake up early every morning before her kids can wake up. She managed to finish all the poems of Ariel just a few months later, by solely writing in the morning.
It’s hard to save money when you’re living paycheck to paycheck, but it can be done. I did it for a couple of years myself. It was hard, and a lot of sacrifices were required, but I did manage to pull it off.
Here are four tips on how you too can save money when you’re living paycheck to paycheck.
Are you frugal?
According to a study by the Bureau of Economic Analysis, Americans need around $40,000 a year in order to live comfortably. The minimum wage? Roughly $15,000.
In different parts of the world, this is no different.
In South Korea, for example, the average annual expense to live a comfortable life is roughly $16,800. The minimum wage? Around $14,400. A bit better than the US.
In the Philippines, meanwhile, to have a comfortable life as a single person, you have to spend around $9,000 a year. The minimum wage? A pitiful $3,200.”|
It’s getting harder and harder to save money in this high-consumption world, but that’s why it’s more important than ever to be frugal.
Here are some simple tips that can help you be more frugal in your everyday life.