From the category archives:

Savings

5 Ways Twitter Can Save You Money

June 19, 2009

Although Twitter is a very simple concept, the uses people have found for it are mind boggling. Mashable has found 5 ways Twitter can save you money: Find Deals Save on Gas Budget Better Collect Debts Avoid Bad Investments. Click through for the full article.

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Americans Embracing Frugality . . . Because They Have To

February 4, 2008

Very interesting article in The New York Times today discussing how more and more Americans are taking on a pay as you go lifestyle. According to the article, they are not doing this because of a newfound realization of the benefits of a frugal lifestyle, instead, it is because they have no other alternatives. From […]

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Searching For Yield

February 1, 2008

Unless you reside under a rock, you have heard that the Federal Reserve cut the Fed Funds target rate from 4.25% to 3.00% in the last two weeks of January.  From the economic numbers that I have seen recently, it appears that the cuts were necessary in order to stimulate a rapidly flagging US economy. […]

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Planning Your Emergency Fund

January 20, 2008

Photo Credit: Mark Strozier Introduction The primary purpose of an emergency fund is to replace lost income should a member of your household lose a job. Secondarily, you can use it for large, unexpected, expenses such as a car repair. An emergency fund allows you to face a traumatic event, knowing that you don’t have […]

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The Rule of 72 and Compound Interest

December 20, 2007

“The most powerful force in the universe is compound interest”. Albert Einstein The rule of 72 allows one to quickly determine how long it will take, at a given interest rate, to double your money on and investment. For instance, if you have $1000 that is earning interest at the rate of 10% per year, […]

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