One of the reasons that I like saving money is that there are things I really want that are not cheap, like travel. I’d rather spend less at the grocery store every week so that I have more money for vacation. Saving up for things is terribly old-fashioned. Yet, like many old-fashioned things, it’s good… [Read More]
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What is inflation, anyway?
A lot of money smarts are also street smarts – knowing how to navigate the grocery store, finding the best cheap entertainment, and being able to negotiate a good deal. Other money smarts are also book smarts. The basics of economics and finance are helpful! Really! Recently, as friend asked me for an explanation of… [Read More]
Save for a dream vacation
Many people save money for a dream project, such as a fabulous vacation. My family loves to travel, and it’s something we work into our budget. It helps that we don’t care too much where we go, as there are interesting things to see and great people to meet everywhere in the world. If one… [Read More]
The basics of Individual Retirement Accounts
An IRA is a great way to save money for retirement. The U.S. tax code offers a lot of advantages for saving through an Individual Retirement Account, sometimes called an Individual Retirement Arrangement, but most commonly known as an IRA. The bad news is that in trying to cover so many bases, the rules quickly… [Read More]
