Love of Money is The Root of All Evil!
Love of money may be the root of all evil, but it can be pretty evil if you don’t have any. Getting away from the rat race is one thing and paying off the mortgage might be a dream but there are still bills to pay. Property tax, insurance, shopping – well I’m sure you can make a list as long as your arm.
Having accepted you are always going to need money, what can we do to narrow the gap between what comes in and what goes out? In fact, the answer is obvious.
First of all you reduce what you spend on and then you increase the money coming in.
Let me explain, if you keep a few hens in the garden then you won’t be buying any eggs. So that reduces the money going out. In the summer, those hens will probably lay more eggs than you need. If you sell those surplus eggs then that increases the money coming in.
Now I know a few hens isn’t going to make a fat lot of difference to anybody’s finances but it is a start. A bit of a saving here, a bit of income in there and then one day you realise that you haven’t got a problem any more.
I’m not a financial advisor so any advice is not professional advice and you should not act upon it. That’s called covering my back! My advice comes from having been up to my neck in debt and getting back onto an even keel where we owe nothing to anyone.
Articles on Money Saving, Making Money & Finance
5 Top Tips For Taking Your Pension Early
Withdrawing your pension as a lump sum may be tempting, especially if this will help to support your family and stabilise your finances in the immediate future. However, you need to make sure that taking your pension early is the right decision for your...
Finding the Right Loan Option for Your Lifestyle
From time to time, most of us find ourselves in a situation where we need to borrow some money. Whether you want to make a big purchase and aren’t in a position to save up and buy it outright, or need to cover an emergency expense that you weren’t exp...
Getting the most fun for your money
There are those who enjoy a day at the horses, those who like Saturday night at the Casino, and of course those who never pass a bet in their lives. It can be a very contentious topic, not one I like to delve too deeply into as like politics it can quickly...
How minimum wages affect living standards
The question of minimum wages has long been considered a harsh one, especially if we recall all those fierce debates on the topic of why minimum wage should be raised. Even though the logic behind raising the minimum wages is more complex and sophisticated...
How to Find a Loan When Your Savings Fall Short in an Emergency
Life is full of surprises — some of them good, some of them bad. When it comes to your budget, unpredictable expenses aren’t happy additions to your frugal budget. If you don’t have savings, you may consider borrowing money to cover these urgent bills...
How to make large profits out of property
Compared to other methods like stocks, shares, and bonds, investing in property is one of the most popular ways to make money.
When entered into with the right mindset and researched well, property investment can be a lucrative way to boost...
Low-Cost Ways to Start A Home-Based Business
There are many advantages to running a home-based business. Perhaps the idea of more time with your family is what appeals to you. Or maybe you'd like the freedom of not having to answer to a boss. Or it may be that you have had enough of long commutes...
Some Fun Ways That You Can Make Money From Home
It’s always nice to have some extra money. It means you can treat yourself to more nice things and feel a little more prepared for rainy days.
But making money doesn’t have to be a chore – you can have fun while you’re doing it and I’m going to ...
The cheapest way of transferring money abroad
If you need to transfer a large sum of money abroad, you come to realise very quickly that bank fees are not proportional or fair at all. In your mind, the bank doesn’t do much to transfer the funds.
It needs to transfer the funds into foreign c...
Turn Your Life Around By Making These Simple Changes
Life is full of ups and downs, and many end up getting in a slump at some point. It can be distressing, but this could also be a chance to reflect on your life and get a second start. This could simply be your body’s way to tell you that you need to r...
Why Updating Your Office Window Treatments will Help Increase Productivity
Employers have a few options available to them in their quest to maximise productivity in their office. They could opt for a draconian approach, and attempt to crack down on interpersonal relationships in a bid to get employees to work and only work in...
Use a Credit Report to Get the Best Credit Deals
Struggling to get the best credit deals? It’s because of what shows up on your credit report.
If you are looking to take control of your debt, maybe you want to consolidate the money that you owe, or are looking to reduce the amount of interest y...
How to Keep on Top of your Household Bills
From a societal perspective, the level of household debt in the UK remains a significant concern.
After all, British households owed a combined total of £428 billion during the third quarter of last year, with this equivalent to a hefty £15,385 p...
How Your Credit History Really Affects Your Mortgage
If you’re wondering how your credit score affects your mortgage application, it could make all the difference between getting the keys to your dream home and being refused a home loan.
A credit history shows credit card and mortgage companies and o...
Save Money when Living Alone
Without anyone to share living expenses with, bills can soon rack up. There's a lot to be said for living solo though and these tips will help those living alone to save money
Cut Your Water Bills
Most water companies get their unmetered water bills...
Green Ways to Save Money in Winter
As the weather turns colder and the heating bills get ever higher, many of us are looking at ways to save money whilst remaining environmentally friendly. One key area of interest tends to be the home and the good news is that most efficiency gains for...
Money Saving Tips - Helping Your Home Finance
These money saving tips have helped us live better for less over the years. Frugal living means controlling your own life and not being manipulated by advertisers into buying stuff you don't need for too much.
Do You Need It?
It may seem obvious,...
Financial Planning - Make a Budget and Take Control
With the ever-biting recession still in full force more and more people are struggling to meet the costs of day to day living. Salary freezes and short time working mean that most families are feeling the pinch and with the increased cost of living are...
Reduced Payment Arrangements & Bankruptcy
If after budget planning you realise that you have little or nothing left to make creditor repayments each month you need to consider either entering into a reduced payment arrangement with all creditors or possibly Bankruptcy or a Debt Relief Order....
Green Investment Opportunities
Judging by the tone of recent remarks from Bank of England chief Mark Carney, the current period of record-low interest rates is set to continue for the foreseeable future. Even though inflation often drops below 1%, most people choosing to save money...
Renovating? Don't let it affect your home insurance
With the UK housing market remaining difficult in some areas, many homeowners who are struggling to sell their homes are choosing to stay put and improve their properties instead. Home insurance providers have found that homeowners are continuing to try...
Headline Interest Rates for ISAs
The UK ISA market is worth an astonishing £156bn a year. Nearly 40% of all UK households hold a cash ISA of some sort (more when you include stocks and shares ISAs) and of that 40% a significant majority hold the maximum amount allowed by the allowance. ...
A few reasons why you should buy home insurance
There are certain things in life we need and others we just want. Insurance on the other hand seems to fall into a new category: something we should have, but we don’t need and we don’t want. However, insurance can come in mighty handy. Don't miss the...
Living on a Budget Need Not be Bad
When you're on a budget, living within your means is vital. Some people have to live within a strict budget just to get by. Others choose to budget so that they can put more money aside for savings or debt repayments.
Whatever your reason for...
Save Money with Casino Comps: Boost Your Bankroll Instantly
Making comps count – the casino player’s guide to saving money!
The Mechanics of Casino Comps – Playing on a Shoestring Budget
Casino comps are part a reward system offered by casinos to their players. Comps are effectively 'complimentary' offer...
Speculate to accumulate: How educated gambling can help you earn money
Everyone knows the old business mantra that you need to speculate to accumulate. It might go against the grain of the general consensus of frugal living, but the truth is that sometimes taking small educated risks can help you to save quicker and bigger...
Are Binary Options Investing or Gambling?
Some investors believe binary options belong more in a casino than the stock market. So let's take a look, and you can decide whether this is a stock investment or a game of chance.
What Are Binary Options?
Unlike traditional investing, with binary...
