How does the Bank Of America Keep The Change program work? This is a type of rewards program that rounds up the amounts of your purchases on qualifying debit cards and transfers the amount rounded up to a Bank of America savings count of your choice. Bank of America describes this as a way to use “everyday purchases as part of your savings plan”. This program, aimed at consumers and not businesses, offers a fun, low-key way to save extra … [Read more...]
Build Your Own Money Challenge
Want to build your own money challenge? If you enjoy internet memes, being frugal, and participating in online challenges this might be a fun way to encourage yourself and others to save more. Lots of people enjoy them, and while not as many are into money challenges there is a unique opportunity to save and potentially go viral by creating your own version of popular online money challenges or modifying existing challenges (usually not tied to … [Read more...]
3 Easy Money Challenges to Get Your Finances In Order
Do you need easy money challenges to help you to save money and get your finances in order? While it’s true that you shouldn’t expect a money challenge to solve all of your financial issues, the discipline of these challenges and the creative thinking involved can help you to think differently about your spending habits. Breaking the old bad habits of the past is key to establishing new, healthier spending choices for the future. Here are … [Read more...]
Why Weekly Budgeting Is Better Than Monthly
When you think about budgeting, it’s easy to assume that a monthly budget is the best. Is that true? And if not, why not? Is weekly budgeting better than monthly? Some financial advisors say yes, and their reasoning makes a lot of sense. How You Get Paid Counts Are you paid weekly? Bi-weekly? Monthly? A weekly budget can accommodate all these, but those who get paid bi-weekly may notice the most immediate results. When sorting out your … [Read more...]
How Can Saving Money Affect Economic Growth?
How can saving money affect economic growth? It depends on what you mean by the question; there is personal economic growth and the kind of growth that happens under a national economy. This question isn’t twofold; they are really two entirely separate issues. How Saving Money Can Affect A National Economy There are scholarly studies about the effects of saving money on the national economy; one cannot underestimate the power of the ebb and … [Read more...]