Making money can be very difficult for some people. Even if you have a good job, you may not have enough to pay all of your bills and still have money left over. There's a way around that, though. You can make some extra money in your spare time. Here is some advice on how to make money in your spare time. You don't need to dedicate all your leisure time to making money, either. Just a few hours a week would be enough. You could use your evenings after dinner or a day on the weekend. It's not about...

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When the year is about to end, parties often come to mind. There are important issues, though, that are worth considering beyond the festivities. The end of the year is a great time to go through your finances and find just what you need to do and work on for the coming year. When you do, you'll be better prepared for the upcoming year. You can save money and pay off debt, even if you make the same amount you made last year. There are usually ways to cut spending, save more money or pay down debt. Sometimes, that requires...

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Having a savings account is absolutely vital for your financial health. You must protect yourself and your family from financial emergencies. If your family suffers a pay cut or layoff, having money in savings will be invaluable. The same is true if you have an unexpected need for vehicle repairs, home repairs, or medical bills in the future. Start a savings fund today. Start as small as you need to, and just let your emergency fund grow over time. It may seem tedious and overwhelming to add to your savings if you're living paycheck to paycheck, but it is possible....

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Anyone who’s looked at their savings account statement anytime within the last year or two knows firsthand how low interest rates for savings currently are. In an effort to keep your interest income somewhat close to where it might have been just a year or two ago, you might be looking for other savings options. Perhaps you’ve considered opening a savings account with your local credit union. Credit unions are similar to banks, except instead of being owned by shareholders who may or may not conduct any actual banking business at the bank, a credit union...

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One way to maximize your savings returns is to make sure that you aren’t paying too many fees or charges in connection with your account.  There are obvious fees to be on the lookout for, of course, like the fees that you can be charged if you fail to maintain your account above a certain balance level.  Chances are you’re already on the lookout for these types of charges, and are doing your best to avoid them.  (If not, then consider moving to a bank or credit union that does not charge you for an account with balance levels...

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Saving up for a down payment for a house can seem like a daunting task. Gone are the days of 5% down and no income verification for mortgages. You now need to focus on the many ways that will help you save money for a down payment on your home. Cash gifts that you receive from either a wedding or other occasions should always be set aside. Selling valuables is another great way to come up with money you might not otherwise have. You can sign up for an eBay account and auction off all those things that...

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Making your savings work for you is a cornerstone of your overall financial plan. When making the decision to save money, it is also good to have specific goals in mind. However, an important part of saving is almost always overlooked is where to keep the money so that it works for you. There are many different types of accounts that you can use to gain interest on your savings account and make your money work for you. These days it is difficult to achieve even a 1% return on the money you keep in a bank. But the...

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All of us need something to jump start our savings. Do you need to save some money for a big purchase or recover from a large bill you just paid? Perhaps you just want to gain better control of your spending. Here is some advice on how a "No Splurge Month" could be the answer for you. A “No Splurge Month” is when you designate a month where you won't spend any money on anything that isn't absolutely essential. There is no spending money on anything you don't legitimately need. When done as a family, this is a great way...

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Getting motivated to start saving can take some effort, especially if you have never set up a savings plan before. In order to start saving it helps to have a specific goal in mind. You also need to have a good overview of your finances and your expenses. It can be difficult in the beginning to create a savings account, but once you start it will be easy to continue. Some of these suggestions take just a few minutes, others might take an hour or two, some of them require a bit of regular effort, but they’re all incredibly...

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Many believe that people who have recently come into money (termed “nouveau riche”) are easily recognizable from “old money,” or people that have been wealthy for generations. Here is some advice about money saving strategies of the wealthy. What makes these nouveau riche stand out is the level to which they spend and show off all their newly acquired items - from flashy sports cars to outlandish homes. In comparison, many very wealthy families are far more inconspicuous. For many of these families, the focus is on purchasing quality that lasts a long time - not on the newest trendy car...

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