Where to exchange saved coins to dollar bills? This is a no-brainer for some, who just use the local branch of their bank, credit union, etc. But banks frequently require their customers to bring in change in rolled form, not loose coins in bags or other containers. This can be, frankly speaking, a right pain in the backside for those who tend to let their loose change pile up until it gets into the $100 or above range. That’s a lot of coins to … [Read more...]
Not All Saving Cash Advice Is Good Advice
I read a lot of blogs about saving cash. And one thing I encounter again and again? Terrible advice on how to save money. One blogger I recently had a good laugh at (until I started thinking about how truly awful the advice is) provided a list of suggestions which include--and I kid you not--making your own toilet paper and dumpster diving in a list of “50 Ways To Save Money”. Let’s talk specifically about the bad advice related to getting … [Read more...]
How to Collect Money From A Borrower
Do you need to know how to collect money from a borrower? For many people, the first step is simply not to lend money, but that advice isn’t always practical or useful. If you find yourself in the unfortunate position to have to ask someone to pay you back, there are several things you can do to make the process easier for yourself. How To Collect Money From A Borrower: Be Nice Staying away from a hostile relationship is the key to many … [Read more...]
Hierarchy of Savings – What Should Come First?
It can be difficult to establish a hierarchy of savings. What should come first when you are paying yourself? Three basic areas represent parts of your life that need financial attention; your retirement fund, your money set aside for emergencies, and debt repayment. The last one doesn’t sound like you are paying yourself--at first. But debt management is an important part of establishing financial freedom. Emergency Fund: A Savings Account You … [Read more...]
Saving Money In The 2020 Economy
Do you need to save more money in the 2020 economy? There are some developments in the last days of 2019 that will have an effect on some aspects of life, while other money-saving ideas are tried-and-true, but need an update for the 21st century. You can add to your savings in the new year with a few simple tricks. Home Owners And House Hunters There have been many articles written about how amazing 2019 was for home buyers, those who want to … [Read more...]