saving money http://www.artwoo.com Returned search results for saving money Copyright 2008 Mon, 01 Dec 2008 23:28:10 +0000 http://www.artwoo.com/rss/saving+money Saving Money in a Rough Economy http://www.artwoo.com/article/saving-money-in-a-rough-economy http://www.artwoo.com/article/saving-money-in-a-rough-economy#comments Fri, 17 Oct 2008 16:08:17 +0000 saving money tipsstart saving moneydigital thermostatfact millionsdoctors officedinner mealsgrocery shop http://www.artwoo.com/article/saving-money-in-a-rough-economy saving money tips that can save you a few dollars every month. Remember that every penny counts! Here are some steps you can take in order .

The electric bill -- If you don't have a , I suggest you get one. Once you get one, set your heat or air down to a low or high rate when you're at work. There's no reason to have the house at 70 degrees when you're working. Instead in the summer, have the house at 80 and turn on the air conditioning when you get home. The same goes in the winter, when you're not home or even sleeping, lower your heat and just pile up the blankets! This alone can save you a fortune during the month.

Use coupons -- Every time you , hop on online coupon websites and see how much you can save. Some grocery stores will even provide you with simple and cheap meal creating ideas. Your can be made for less than $10. Don't believe me? Do some research online and find out for yourself!

Don't eat out -- Eating out is fine but with a family of four, you're spending way too much. Instead, try and limit your eating out. If you only eat out once or twice a month compared to five times, you're already saving a hundred dollars. Sure, it can be convenient but if you want to save money, don't eat out, it's that simple.

Limit your driving -- Gas prices aren't cheap today. Instead of making ten trips a week, condense to a few trips. Do all of your errands at once. So when you need to grocery shop and go to the doctor's office try and do it all in one day. This way you're saving on gas and you're save your car some troubles. It's always best to create a plan and stick with it.

Just watch your finances -- Each month, write down everything you spend a dollar on. At the end of the month, look back and see what you're spending your money on. Are you eating out instead of packing a lunch? If so, cut that out. There are so many things you can cut out to save money on. Just because you're cheap, it doesn't mean you have to live a cheap life. There are many ways to have fun while saving money!

Saving money is so easy and no one cares what you look like or what you drive. You're saving your wallet and family money. The more money you save, the earlier you can retire. Don't work 10 extra years just so you can show people that you drive a BMW. Saving money is easy. It just takes discipline and action.Find the best cd rates and more of Tom's work at GOtalkmoney.]]> Tips To Save Money http://www.artwoo.com/article/tips-to-save-money http://www.artwoo.com/article/tips-to-save-money#comments Mon, 09 Oct 2006 08:28:12 +0000 saving moneyamount of moneymoney savingsave a lotpersonal budgetpersonal budgetingset aside http://www.artwoo.com/article/tips-to-save-money
If you want to have a then you need to take on some . is not something that a lot of people are very good at. This is due in part to our nature to want to spend what we have. But when you take the time to save a little money each time you are paid. This is a matter of some importance as you never know when you are going to need it.

The best course of action is to plan on saving ten percent of the money that you bring home. With this plan you will have a weeks worth of pay saved in ten weeks. The money that you are saving should not be touched for any reason barring an emergency. The reason that you are saving is to make sure that you have money should you need it for an emergency. This will enable you to of money because if you have not saved for an emergency then you will be forced to go and borrow the money which will compound the problem when you take into consideration the amount of interest that will be charged.

is a matter of knowing how much money you have coming in and going out. First off you would need to determine the that you need to pay out each week or month depending how you prefer to pay the bills. Most people do not like to pay the bills on a weekly basis because the bills may change by the month. Once you have determined the amount of money that you have going out each month then you will need to determine the amount you need to each week. Most often you will find that you can set aside forty percent of the pay that you receive and you will actually have more than you need.

The budget that you set up should be stuck too no matter what. A budget that will do no good is one that is not stuck too. The budget amount that you set should not be your entire pay amount. If you are finding that you need to save all or nearly all of your pay then you should take the time to check out the expenses that you have. There may be some things that need to be trimmed, because you are operating outside of the money that you have coming in.

Setting a personal budget and saving some money is a requirement to lead a life that is not ruled by money or the lack of it. Read more from this author at: http://www.moneydinero-magazine.com ]]> The Ways In Which You Can Work At Saving Your Relationship http://www.artwoo.com/article/the-ways-in-which-you-can-work-at-saving-your-relationship http://www.artwoo.com/article/the-ways-in-which-you-can-work-at-saving-your-relationship#comments Sat, 18 Aug 2007 05:30:01 +0000 relationshipdaily basisno shamestalemateprecious momentsloveprofessional therapy http://www.artwoo.com/article/the-ways-in-which-you-can-work-at-saving-your-relationship relationship. Let's face it; takes a lot of work and living together in harmony often takes quite a bit of compromise and negotiation. Sometimes love just isn't enough. But if there is love then there is at least hope and saving your relationship can be well worth the effort.

First and foremost, communication is key in saving your relationship; without it, there is no hope at all. For most couples, simply listening and hearing each other can make the greatest amount of difference in working through problems. And communication ultimately comes down to making time for each other. Certainly, in this modern world where we juggle work and family responsibilities on a , carving out a few as a couple can seem like an impossibility. But, there is no getting around this simple fact: without time spent focused on only each other, there can be no communication that will help in saving your relationship.

You may find that through the process of saving your relationship that you have managed to commit to time together as a couple. Make date nights that you are dedicated to keeping no matter what else is going on; making your life together as a couple a priority for both of you can go a long way towards saving your relationship.

Often, is necessary in saving your relationship. Perhaps there are deep issues that you need help working through. There is in acquiring therapy; there are times in every relationship where the couple in question reaches a =96 a place that they can not seem to push past. An objective third party can often help you reach a place of understanding that you can not do on your own.

Saving your relationship should be worth any work that you need to do; ultimately what is at stake can be a loving and committed union that will bring you happiness. For easy to understand, in depth information about saving your relationship visit our ezGuide 2 http://relationships.ezguide2.com ]]> Savings and Investment Strategies http://www.artwoo.com/article/savings-and-investment-strategies http://www.artwoo.com/article/savings-and-investment-strategies#comments Tue, 02 Sep 2008 11:36:32 +0000 spare moneyinvestment strategiesstrict rulesinitial investmentsaving moneylittle bitpair of jeans http://www.artwoo.com/article/savings-and-investment-strategies The secret to becoming rich is really quite simple.

First of all you must spend less than you earn -- Then you must invest the difference.

But don't stop there -- You then need to re-invest the profits that your created as well as the original investment. In time this will create a big enough resource that you will be able to comfortably live of the income that your investments create.

Does this sound a scary or like too much hard work? Well don't worry because all you need to do is to create some savings and and the rest will fall into place.

The first step is to create a Savings plan that works for you. When it comes to there are generally two different types of people.

The first type are people who are somehow able to save money without any great difficulty. They have good restraint when it comes to purchases and they always have a sock full of money somewhere. When they are ordered around and given to abide by they tend to want to rebel and do the opposite.

The second type of person needs strict rules and regulations to achieve most things. Left to their own devices they would happily spend all their on a new or car. When these people are given clear rules they seem to be able to save money with much more success.

Which type of person are you? Do you need strict Savings and Investment Strategies to save money or are you at your best when you are given more freedom. To be completely honest I think that everybody could become a better at saving money if they applied a few simple ideas.

One of the best savings and investment strategies that I have come across is this.

Reward Based Savings System

The first step of this system is to actually create a savings plan. For instance you need to focus on some areas in your life where you think you could save some money eg.

Bring your lunch from home
Quit smoking
Less alcohol from expensive bars
Cook your own meals
Public transport
Cut down on snacks

Isn't it fumy how most of the things that I have just mentioned would be beneficial to your life in more ways than just saving you money? The problem is that all of the above things are actions and pastimes that you really enjoy.

So is it realistic to try and cut these activities out of your life and expect to be happy just because you are saving some money?

No, I don't think it is. What about if every time you saved money you simply rewarded yourself? Then you might actually enjoy saving money rather than growing to resent it.

For example if you were to give up smoking then I would suggest that you keep a tally of the money that you are saving and use a portion of it to reward yourself with something that you love but don't usually get, for instance a massage or a night at the movies. This way you are creating a savings plan that will actually work. Why? Because you want it to work so that you can get your rewards. Too many people create Savings and Investment strategies that don't have inbuilt reward systems. The best thing about a reward based saving system is that you really enjoy the feeling of saving money. Then if you are smart enough to invest the extra money that you are saving you will have begum your journey towards financial freedom.FREE Stock Market Investment DVD - Easy, Free and High Quality Information. Learn how everyday people are making over $5,000 per month from one simple Savings and Investment Strategy]]> Students - How To Save Money http://www.artwoo.com/article/students-how-to-save-money http://www.artwoo.com/article/students-how-to-save-money#comments Mon, 04 Feb 2008 00:35:02 +0000 student id cardeasy ways to save moneybowling lessonsaaa cardxbox gameways to save moneyschool clubs http://www.artwoo.com/article/students-how-to-save-money
Everybody in this world loves money and you probably want as much of it as possible. The thing that most college students struggle with is how to save money correctly. There are so many in this world that some students just completely overlook it. The purpose of this article is to show you how you can start saving your money today even if you don't make a lot of it.

Keep yourself busy the cheap way

The more involved you're with school activities and work, you'll find that you don't have time to spend your money. Even if this sounds boring, make sure that you find hobbies that don't cost a lot. A lot of the times you'll find that most and activities don't cost anything at all! If you're currently the type that likes to party, eat out, and do everything else under the sun everyday, you're going to have to change your habits before you start saving up all of the cash.

Hobbies equal cash

Sit down for a second and think of the things you love. I guarantee that you can turn any hobby you like into a money making project. If you love to bowl and you're good at it, you could possibly offer to fellow students or others for a fee. In order to save money, you're going to want to make money and if you're making money doing the things you love, it's going to be a win-win situation.

Check out your wallet

Open up your wallet or purse and check it out closely. The cards you're carrying such as an or a , you'll find that a lot of places offer discounts with these type of cards. For example, a local movie theater in your neighborhood may offer a student discount on tickets. Even if this discount is two dollars, you're still saving money!

Compare before you shop

Instead of going out and buying that new , make sure that you've looked at a bunch of other stores before you go out and shop. The Internet is a great tool to check out other stores prices. You'll usually be able to get prices, if it's stock, and you can even buy it and pick it up in the store if you'd like. Not only will you save on gas from going store to store, you're going to save yourself some time and energy.

Saving money isn't that hard. It's going to require some dedication and motivation. If you just set a little aside each month, it will add up quicker than you think. Be sure that you look into money market accounts and CDs. This will give you a bigger return on your money. Remember, it's yourself that chooses your own saving fate. Tom Tessin runs http://www.findcollegecards.com that focuses on student credit cards. ]]> Saving Money With Your Business http://www.artwoo.com/article/saving-money-with-your-business http://www.artwoo.com/article/saving-money-with-your-business#comments Tue, 22 Jan 2008 15:15:00 +0000 productivity studiescomputer deskssaving money on gashome expensesways to save moneypurchasing departmentbusiness research http://www.artwoo.com/article/saving-money-with-your-business home expenses, a business is no different and in order to save money, it requires motivation and a lot of smart purchasing and negotiating.

If you're like most business owners, your drive to cut costs on every end is always on your mind and in order to do so, there are many . From to saving money on your employees, the list could be endless. Below are a few ways you can start saving money instantly with your business.

Research is key

Every time you make a purchase, you should be doing your research. IF you have a , make sure that they know exactly how to buy an item and how to get the best price. If you have relationships with vendors, make sure you check out other prices every once in a while. Whether you buying a stapler or a thousand , make sure you check at least five places before you make your purchase.

See if leasing helps

Depending on your business, see if leasing your equipment will save you more money. If you use a lot of technology and you find yourself upgrading every two years or so, it might be better to just lease your equipment instead of flat out buying it. If you're going to go this route, make sure that you check prices from at least five different sources.

Monitor the use

Everyone hates a stalker but when it comes to a business, sometimes you may have to go this route. If you have employees, they are there to make you money, not have fun and get nothing done. If you have the internet in your office, see if you can get filters to filter out the entertainment, etc. Make sure that you monitor your employee's productivity. Studies have shown that this type of monitoring can increase ones production by fifty percent.

Go paperless =96 use the internet more often

If your business is still mailing out thing via snail mail, maybe it's time to start either faxing items or possibly e-mail clients. Now, we know that some people can't access a computer, that's fine. Maybe offer some sort of incentive to people if they opt to take paperless billing, etc like a coupon offer or something to your liking. If you cut your mailing by half, just think of how much money you can save.

These are just a few ways to save money with your business. The list could go on forever. It's your job to track your expenses well and not spend like a mad man. If you become creative with your spending and you stretch your dollar further, you will see so much more progress with your business. Remember a business that saves is a business that will succeed. Tom Tessin runs http://www.findgascards.com that focuses on business saving money with business gas credit cards. ]]> The Benefits Of Saving For Your Child's School http://www.artwoo.com/article/the-benefits-of-saving-for-your-childs-school http://www.artwoo.com/article/the-benefits-of-saving-for-your-childs-school#comments Sun, 16 Apr 2006 09:50:05 +0000 school financecollege tuitionparentscollege educationtuition feessavings goalscompound interest http://www.artwoo.com/article/the-benefits-of-saving-for-your-childs-school savings goals is the first thing to do before you invest, especially when that investment will have an impact on your child's future.

It is after-all your child's future that you are investing in--and cannot be avoided, as babies will grow into adults who need to be given the best opportunities we can offer as .

The best advice that any parent can get is to start saving early. fees can cause a strain on your family's budget and lifestyle. You need to have a goal to keep you motivated to save. And what better motivation is there than knowing that the money you save will finance your child's education.

Normally the best stage to start saving for your child's finance towards college tuition is at birth. If, however, you have not started, then the time to start saving is now. It is never too late to start saving.

The sooner you start saving, the more time there'll be for to build up into a nice college fund for your child. Remember that each child should get his or her school finance savings fund.

You also need to decide the amount you intend to save by the time that your child reaches college age. There are many options available for you to choose from when it dollar amount. This means that you calculate the projected cost of public college tuition by the time your child is ready for college.

The other commonly used method, which many parents prefer, involves devoting a fixed percentage of income to their child's future college costs. The idea is this: whatever you do, you have to have a defined goal. You should save as much as you can, whether it be a large amount, like several hundred dollars a month or a more modest amount, such as $25 to $50 each month.

A is an investment in the future of your child. If you truly want to see your child succeed, as all parents do, what could possibly be a better investment? You can find out more on to acquire the mindset and behavior of the rich, copy exactly what they are doing to achieve financial success, and stay wealthy all your life on the website at http://www.smart-ways-to-make-money.com ]]> Time Is Money http://www.artwoo.com/article/time-is-money http://www.artwoo.com/article/time-is-money#comments Sun, 03 Sep 2006 06:27:08 +0000 discretionary incomeretirementamount of moneyprocrastinationbuy a new carconsumer financessuppose http://www.artwoo.com/article/time-is-money consumer finances, it is not uncommon for people to be living on 120% of their ! I have talked with many people who say they will start saving next year, or after they , or when they are able to earn more money. Yet as the savings rate across America has continued to drop, this time to start saving seems to keep being pushed back. This and waiting can be costlier than most people realize.

The Cost of Waiting

Let's look at what happens if a 22 year old starts saving $100 per month (at a 10% rate of return) towards . By the age of 67, this monthly investment will have grown to over $1,000,000. that same 22 year old, though, decides to travel after graduating from college or wants to adjust to a new career and waits until the age of 25 to start investing the same $100 per month. By retirement, this investment will have grown to only about $780,000. Finally, waiting until the age of 30, maybe until after starting a family or buying a home, this $100 per month investment will have only grown to about $470,000 by retirement. Waiting just 8 years to start saving could cut the you have at retirement by more than half!

Time is Money

Let's look at it a different way. Suppose you know that you want to have $1,000,000 by retirement at age 67. If you were to start saving at age 22, you would need to save only $96 per month (at a 10% rate of return). Waiting until age 25 to start saving would require this monthly investment to be $129 to reach the same $1,000,000. By the time you reach 35 years of age, this monthly investment would need to increase to $359 per month. Finally, if you did not start saving until the age of 45, you would need to save $1049 per month to be able to have $1,000,000 when you retire at age 67! The lesson here is that the longer you wait, the more money it will end up costing you to reach the same goal.

How to turn $33,500 into $4,000,000

Finally, here is something to think about for your children. If you were to open an IRA for your child the year they are born and contribute $500, this small one time investment would grow to over $350,000 by the time your child retires at the age of 67 (assuming a 10% rate of return). Taking this one step further and making this an annual contribution over 67 years, this $500 per year ($33,500 over the course of 67 years) would grow to about $4,000,000!

Hopefully, you can see the importance of starting to save early. Even a few years of waiting could cost you hundreds of thousands of dollars. A small amount of money, even as little as $25 per month, saved consistently over time can grow to more than you realize. The important thing is to start saving now, because you cannot afford to wait. Robert Westervelt has been doing financial planning for the past few years with a desire to help people get out of debt and achieve their financial dreams and goals. Most recently he has started a website http://www.easyfinancialplan.com to help families start developing their own personal financial plans. ]]> Choosing A Saving Account http://www.artwoo.com/article/choosing-a-saving-account http://www.artwoo.com/article/choosing-a-saving-account#comments Mon, 11 Dec 2006 02:27:40 +0000 high interest savings accountssavings accountinterest rateinvesting moneyhigh interest saving accountsmake moneybanks http://www.artwoo.com/article/choosing-a-saving-account savings account is one way of so a person who wants to try this method should make sure he gets the most benefit from it through a high .

Saving Accounts are, for some of us, the most important financial background and security, can prove to be a very wise choice when selecting an account.

The high interest saving account can supply a wise investor with a very nice profit in the end of a long term investment, this is particularly true when talking about the small investors that are looking for a reliable plan to put their money in and hopefully make a little more by getting a reasonable interest rate.

A person who has some money stashed away somewhere in the bank is lucky. Having some savings may be one of the most sought after conditions of every person but it is usually difficult to achieve because of the regular and unexpected expenses a person is faced with everyday.

Anyone who has extra money would be better off having some savings account in any bank. This means he has something to hang on to when the going gets rough for him financially.

The proper budgeting formula should be income less savings equals expenses. However, the economy has become so bad these days that people follow a different formula and that is income less expenses equals savings.

are the most sought after type of savings account because this is how people out of their savings. However, the very basic savings account can only yield an interest rate of less than four percent of the total amount deposited.

This is good for people who have meager amounts stashed in their savings accounts. A person who has more money in his hands should take advantage of a savings account that has a higher interest rate and this is offered by some under a limited withdrawal scheme.

There are banks that offer as much as six percent interest rates for their savings provided the depositor do not withdraw from such funds for a certain period. However, this option is open only to individuals and not to corporations or business with higher amounts to deposit. Most transactions involving high interest savings account are however made online. Thus, a person who saves his money in such an account should do prior research on the bank and make sure that the bank has a good online facility.

When thinking about taking a step towards some financial planning it is always recommended that you choose from a few offers, and that you study the market and the competition thoroughly, do not give away your money too quickly and too soon, make sure you understand everything there is to know about the saving account you choose. Saving accounts can be an extremely good way of keeping your moneys worth. Learn about how to set up your High Interest Saving Account at http://savingaccount.advice-tips.com ]]> Successful Steps in Securing Savings http://www.artwoo.com/article/successful-steps-in-securing-savings http://www.artwoo.com/article/successful-steps-in-securing-savings#comments Thu, 07 Aug 2008 12:36:28 +0000 full bloomprecautionary measurespersonal outlookunplanned eventsmonetary resourcesfinancial instabilitynatural disasters http://www.artwoo.com/article/successful-steps-in-securing-savings
Indeed the key to securing savings is to first realize why saving money is very vital for our existence. Below are some successful steps in helping you become a savings advocate:

• Realize that uncalled-for events may happen in the future. Let us face the fact that no matter what we take and no matter how we hope for the best things in life, some unplanned and unfortunate events may come our way. These include death, sickness, accidents, or . Aside from being dreadful, these often require you to spend so much money. Some may even disable your as well. As such, before being confronted with a problem which harvests financial difficulties, it is best to be prepared and equipped.

• Realize that what you have now may not be there in the future. If you are in your prime years and your business or your career is in its , you may think that saving money is no longer necessary. Well, think again. It may be that your business will grow more profitable, or your career may continuously prosper in the years to come. But, you should also consider the troubling question- "What-if-it-doesn't?" Yes, negative thoughts should not invade your in life, but you ought to be wary of such unfortunate turn-out of events. So, while you are still capable of earning money, why don't you consider saving some?

• Realize that saving money gives you a feeling of stability and security. If you live on an "earn-spend" basis, you are highly at risk of experiencing moments of , if not bankruptcy. However, if you have stored some of your wealth for future use, you can be assured that no matter what happens, you are capable of sustaining your daily existence. With a secured supply of money, you also grant yourself with feelings of financial stability and security.

• Realize that saving money is not a waste of time and effort. Your present needs mirror what you will need in the future. Not saving for the future is like throwing away the days ahead of you. Note that when you save money, you are welcoming the thought that you have upcoming expenses. Note that saving money is like opening your doors to many future opportunities. For example, if you are fortunate enough to have a continuous prospering business or career and if no unexpected financial disaster comes your way, the money you have saved will not go into waste. You can always use some of it for charity purposes, for a long awaited vacation for you and your family, for a brand new car or house, or as a capital for a new business venture.If you have taken a loan out in the UK within the past 10 years it is quite possible it could be classed as an unenforceable loan agreement. Consumer Credit Claims can help you make your claim.]]> Online Homeowner Loans http://www.artwoo.com/article/online-homeowner-loans http://www.artwoo.com/article/online-homeowner-loans#comments Wed, 19 Apr 2006 12:50:08 +0000 homeowner loansunsecured loanssecured loansborrow moneyapply for a loan onlinesave moneydouble whammy http://www.artwoo.com/article/online-homeowner-loans Save Money Twice!

If you're a home owner and you're willing to then you could very well find yourself making massive cost savings -- go down this online route and you really can save money twice (which is always a good thing!).

So, how does this double cost saving work with online homeowner loans? Let's take a look and see....

Saving One -- are cheaper

If you own your own property then you will be able to take out a secured loans package. You can do this because you can use your home as security that is used to back up the loan that you wish to take out. This means that your lender is given a cast-iron guarantee that they'll get their money back even if you default on your payments. This all adds up to one big benefit -- you will immediately be classified as a low risk borrower. As you can imagine lenders like low risk borrowers so they reward them with low interest rates on the money they borrow. What does this mean to you? Well, you'll simply be able to at great cost savings compared to deals.

Saving Two -- Going online shaves off extra cash

If you can look at taking out online homeowner loans then you could find yourself saving even more money than this, however. It's far cheaper for a lender now to sell their loans on the Internet than it is to sell via traditional methods. So, nowadays, many lenders are using the cost savings they make to help them attract new customers by offering special Internet based discounts and special deals. You'll have to take out online homeowner loans to qualify for these deals but that's hardly a hardship! And, you can use the Internet quickly and simply to make online homeowner loans rates comparisons which makes it very easy to find the lowest cost deals in the sector in any case. And, you'll save a lot of time into the bargain.

So, if you are a home owner and you are willing to buy online homeowner loans then you could make a double-whammy cost saving. Remember this simply means that more money stays in your pocket at the end of the day which should be what you are aiming for whenever it comes to borrowing money in the first place! Micheal Reese is currently working with online homeowner loans http://www.online-homeowner-loans.co.uk.. Please visit us here online homeowner loans http://www.only-online-loans.co.uk/online-homeowner-loan.html ]]> Can You Afford To Wait? http://www.artwoo.com/article/can-you-afford-to-wait http://www.artwoo.com/article/can-you-afford-to-wait#comments Sun, 27 Aug 2006 20:27:11 +0000 discretionary incometime is moneyearn more moneyamount of moneyrate of returnbuy a new carprocrastination http://www.artwoo.com/article/can-you-afford-to-wait discretionary income! I have talked with many people who say they will start saving next year, or after they , or when they are able to . Yet as the savings rate across America has continued to drop, this time to start saving seems to keep being pushed back. This and waiting can be costlier than most people realize.

The Cost of Waiting

Let's look at what happens if a 22 year old starts saving $100 per month (at a 10% ) towards retirement. By the age of 67, this monthly investment will have grown to over $1,000,000. Suppose that same 22 year old, though, decides to travel after graduating from college or wants to adjust to a new career and waits until the age of 25 to start investing the same $100 per month. By retirement, this investment will have grown to only about $780,000. Finally, waiting until the age of 30, maybe until after starting a family or buying a home, this $100 per month investment will have only grown to about $470,000 by retirement. Waiting just 8 years to start saving could cut the you have at retirement by more than half!



Let's look at it a different way. Suppose you know that you want to have $1,000,000 by retirement at age 67. If you were to start saving at age 22, you would need to save only $96 per month (at a 10% rate of return). Waiting until age 25 to start saving would require this monthly investment to be $129 to reach the same $1,000,000. By the time you reach 35 years of age, this monthly investment would need to increase to $359 per month. Finally, if you did not start saving until the age of 45, you would need to save $1049 per month to be able to have $1,000,000 when you retire at age 67! The lesson here is that the longer you wait, the more money it will end up costing you to reach the same goal.

How to turn $33,500 into $4,000,000

Finally, here is something to think about for your children. If you were to open an IRA for your child the year they are born and contribute $500, this small one time investment would grow to over $350,000 by the time your child retires at the age of 67 (assuming a 10% rate of return). Taking this one step further and making this an annual contribution over 67 years, this $500 per year ($33,500 over the course of 67 years) would grow to about $4,000,000!

Hopefully, you can see the importance of starting to save early. Even a few years of waiting could cost you hundreds of thousands of dollars. A small amount of money, even as little as $25 per month, saved consistently over time can grow to more than you realize. The important thing is to start saving now, because you cannot afford to wait. Robert Westervelt has been doing financial planning for the past few years with a desire to help people get out of debt and achieve their financial dreams and goals. Most recently he has started a website http://www.easyfinancialplan.com to help families start developing their own personal financial plans. ]]> 7 Tips For Saving Gas And Money http://www.artwoo.com/article/7-tips-for-saving-gas-and-money http://www.artwoo.com/article/7-tips-for-saving-gas-and-money#comments Fri, 21 Apr 2006 10:50:05 +0000 saving moneyregular tune upsfrequent flyer mileshttpmodern carscredit cardsgas prices http://www.artwoo.com/article/7-tips-for-saving-gas-and-money gas prices will return to 'normal' any time soon. You need all the ammunition you can get to fight back; here are 7 tips to help.

1. Some are offering great gas savings. It works the same way that do- you get a bonus every time you fill up. You're going to fill up anyway, so take advantage of the bonus!

2. Join the 'club'. Gas stations are starting to offer great, money saving membership programs. Some grocery and department stores are also giving huge discounts at the gas pump when you use their store card. It's worth checking into.

3. Regular tune-ups and oil changes will save you gas in the long run.

4. Check out gas prices on the internet. There are websites that will let you find the best deals on gas in your area, without having to drive around looking for them.

5. If you are in the market for a new car, check out the hybrid models. Not only will you save on gas, but you will also be eligible for great tax rebates from both the state and federal government.

6. Use the cheapest gas possible. Most run just as well on regular unleaded as on the more expensive premium gas.

7. Turn off the air conditioner. Running the a/c makes your car's engine work harder, causing it to burn more gas.

Use these tips to squeeze the most miles out of each gallon of gas, and start at the gas pumps today. Brenda Cyr publishes an e-book '62 Ways to Fight Back at the Gas Pump' Find out the tips and tricks that anyone can use to start saving money on fuel today. Visit http://www.fuelsaversite.com to learn more ]]> How Your Light Fitting Could Save You Money! http://www.artwoo.com/article/how-your-light-fitting-could-save-you-money http://www.artwoo.com/article/how-your-light-fitting-could-save-you-money#comments Mon, 22 May 2006 15:32:04 +0000 energy saving light bulbswatt light bulbelectricity supplyminimal energyodd shapescrew caphardware stores http://www.artwoo.com/article/how-your-light-fitting-could-save-you-money
The average light fitting in the home contains a bulb which runs off your . These vary in brightness and strength, and this is shown in the wattage of the bulb. Generally these bulbs are fixed into the light fitting either with a bayonet or a . These can be different in diameter dependent on the lamp but a wide range is available in most supermarkets, department or . Bulbs start off quite cheaply and get more expensive the more specialised they are, but a standard 60 can cost only a matter of pence.

have become more widely recognised over the past decade. However, traditionally they have been expensive to purchase and so have put many people off fitting them in their homes. The good news is that the price of these light bulbs has reduced significantly over the years and that even more is now known about the benefits of using them. In addition, the energy saving bulbs used to be large, bulky and an . They are now available in more shapes and sizes than they were originally and although they are still slightly bigger than standard bulbs, the difference is minimal.

Energy saving light bulbs are initially more costly to buy than standard bulbs. This is an unavoidable fact. However, they use approximately one fifth of the electricity that a standard bulb costs, meaning that they last eight to ten times longer than a standard bulb. The energy saving bulbs don't cost as much to buy as 8 standard bulbs and so you are saving yourself money as soon as you make the initial investment. Couple this with the fact that where you would need a 60 watt standard bulb you will only require a 12 watt energy saving one, meaning that you will also benefit from a reduction in the amount of electricity you use, therefore cutting your bills.

If the financial aspects of suing energy saving bills are not enough alone to convince you to buy them then bear in mind that by doing something as small as changing your bulb you are also having a positive effect on the environment of the world in which you live. The author is a regular contributor to http://www.lightfixturesplus.com where more information about lights and light fixtures is available. ]]> How To Reduce Debt By Saving Money http://www.artwoo.com/article/how-to-reduce-debt-by-saving-money http://www.artwoo.com/article/how-to-reduce-debt-by-saving-money#comments Sun, 27 Aug 2006 08:27:14 +0000 credit card debtssaving moneyamount of moneysave moneycredit card debtzero interestbudget http://www.artwoo.com/article/how-to-reduce-debt-by-saving-money saving money. It's easier than you think though, and makes complete sense when you understand the concept.

By saving money on your everyday fixed or variable expenses, you have more that can be contributed towards paying off your outstanding debts. And the faster you pay these debts, the more money you save in interest accumulation.

Let's say for instance, that you have s of $10,000. And let's also say - for the sake of example only - that you're paying 10% interest on that debt, and your minimum monthly payments are $250.

Note that these figures will not be fully accurate, because we're creating an example only.

Now, if you paid on that credit card debt, you'd have it completely paid off in 40 months. That is three years and three months. Seems forever already, doesn't it?

But since your debt is accumulating interest over that entire time, it is likely to DOUBLE while you're paying it off. In other words: What would take a little over 3 years to pay off without any interest charges, could now take 6 years or more. And you'll end up paying $20,000 or more before it's all said and done.

If however, you're able to in your each month, you can contribute more money towards paying that debt off faster. So let's say you're able to pay $350 every month instead of the base $250. Doing this means your reducing the amount of interest charged to you each month, thus you're reducing the overall being paid to this debt account.

A zero interest debt could be paid off in as little as 28 months - a little over 2 years - instead of the original 3.3 years. Since all debts have interest rates of course, you'll still be paying more in the end. But you'll be able to pay that debt off faster - and at much less cost - by paying more than the minimums.

So find ways to get additional money out of your budget today, and start reducing those outstanding debts faster! © 2006, Kathy Burns-Millyard. More About Reducing Debt: For a free guide to managing, reducing and eliminating your worst debts, please visit http://www.Find-Debt-Help.com ]]> Double Your Savings Instantly http://www.artwoo.com/article/double-your-savings-instantly http://www.artwoo.com/article/double-your-savings-instantly#comments Tue, 19 Sep 2006 04:27:05 +0000 travel budgetsaving moneyultimate traveltotal traveldistant goalsunfortunatelydeceased parents http://www.artwoo.com/article/double-your-savings-instantly
People inherit money from every day. Businesses take off and yield profits that are the envy of other entrepreneurs. And even luck has a way of shaping people's futures. Do you think that lotteries, Las Vegas and race tracks would stay in business very long without rewarding at least some of their devotees?

But if these sound a little too risky to depend on for your future needs, then you would be wise to think about how you can boost your savings so that the money you'll need will be there in the latter stages of life.

, isn't very exciting. In fact, when we put money aside we tend to focus on what we're missing out on in order to pursue a distant goal. One of the main things that I suggest is to change this time perception of saving money so that we can almost trick ourselves into getting excited about saving. The best advice I can give you on doing this is to convert those big, into smaller, more immediate ones.

Let me give you an example. Let's say that I want to save for 1o years worth of travel after I retire. If I've decided that I want to spend $7,000 per year on travel, then my total would equal $70,000. Well, that may seem like a lot of money to amass over the next 20 years when I look at the final goals -- $70,000 in 20 years. But how different would it seem if I divided the amount by the years? Suddenly, I'm looking at putting aside $3,500 per year, or a little less than $300 per month.

Now the fun begins. I can immediately start linking the savings that I find by skipping three of those $10 lunches each week to $120 that can go toward my $300 Budget. I can keep an index card handy to track all of the ways I'm able to squeeze an additional $50 here and $75 there. Before you know it, that $300 gets put aside like clockwork.

When you think about your savings goals in these more immediate terms they'll begin to take on more importance, and you'll take more interest in meeting your goals. It all boils down to how you look at things. When you start weighing that hamburger against a few weeks on a Greek island, you'll see how fun saving for the future can be. John Davis is a regular contributor of http://www.mondaysmoney.com articles and http://www.finance-folks.com on several personal finance websites. You can find his writings at http://www.freds-finance.com. ]]> Smart Ways College Students Can Save Money http://www.artwoo.com/article/smart-ways-college-students-can-save-money http://www.artwoo.com/article/smart-ways-college-students-can-save-money#comments Tue, 14 Oct 2008 05:15:17 +0000 grocery cartcollege textbooksmoney in the bankmoney moneye baygrocery shoppingsaving money http://www.artwoo.com/article/smart-ways-college-students-can-save-money saving money due to all their bills. With the costs of tuition, books, high gas prices, and their average monthly bills, how can they save money? Although it does seem impossible, it isn't. There are many ways college students can save money. Need some ideas? Check out these ideas and start putting your .

Buying Textbooks -- One of the most expensive things that college students dread paying for is . So how can you help cut the costs on them? Easy, you can get them for almost half the price by getting them online and sharing. If you're going to school with one of your friends, try sharing the book! Have one person pay half and you pay half. Need another idea? Get them online! Websites online like amazon.com, half.com, e-bay and many other websites sell books for very cheap. Now is the time to check them out and start saving money.

-- When you go grocery shopping try to get a small instead of a regular sized one. This will cut down on your unnecessary foods. You will only have so much room so it will eliminate the things you really don't need. Also never buy anything that isn't on sale. Why? Because if you are patient, it will go on sale eventually. These two easy trips can cut down on your shopping bill more than you know.

Save money on gas -- Every student should get a gas credit card. If you get a gas credit card, you can save up to 10% on your purchases at the pump. Everyone allows looks down on credit cards, but they can only help you if you use them wisely. Obviously you don't want to max out your card or put more money on it than you can afford. Also you want to make sure you pay the balance in full to avoid interest fees. But if you look at it this way, spend $50 save $5, do this for the year and you'll be saving a ton of money!

Money for fun -- Every time you get paid you should only allow yourself so much money to spend on leisure. This amount should be the same every week. If you do this you will feel guilty if you go over, and proud of yourself if you go under. It's just a little mind game that you should play with your head. Try to only spend about 20% or less of your check on fun.

Putting money in the bank -- You should also have a certain amount of money that you put in the bank every time you get paid. Once again doing this will make you feel guilty if you don't put as much in as you're supposed to and proud of yourself if you put in more than usual.

Although it seems impossible to save money as a college student, it isn't. It is a lot easier than you can imagine. Just be smart with your money. Every time you buy an item ask yourself, "Do I really need this?" If you stick the ideas above, you will start to see yourself saving money instantly.Find student credit cards and more of Tom's work at FINDcollegecards.]]> New Years Resolution: A Complete Bathroom Redo http://www.artwoo.com/article/new-years-resolution-a-complete-bathroom-redo http://www.artwoo.com/article/new-years-resolution-a-complete-bathroom-redo#comments Tue, 09 Jan 2007 04:27:12 +0000 bathroom renovationsaving moneyentailbathroom furnishingbathroom fixturesproper toolstools and materials http://www.artwoo.com/article/new-years-resolution-a-complete-bathroom-redo saving money as soon as possible, decide what you want to redo, and then get it done.

Saving Money

Even before you know exactly what you want to do for your bathroom redo, you need to start saving money. Set aside a certain amount each month for your renovation. This will get you in the habit of saving money and when you decide on exactly what you want to redo, you'll have some funds already set aside.

Deciding on What to Redo

The objective of your bathroom redo is change the look and feel of your bathroom. But what exactly do you want to redo? Is it the vanity, sink, bathtub, and/or toilet? Do you want to paint the walls and/or install shelving? All these questions are important because they'll help you plan out exactly what your bathroom redo will . You need to map out everything that will be renovated. Once you know what you need to do and what supplies you'll need to buy (or services you'll need to hire), readjust your monthly savings so that you'll have enough funds available when the time comes for the actual bathroom redo.

Actually Redoing

After you've planned out precisely what you want to redo and have saved up enough funds to pay for it, it's time to commence the . If you've never installed and furnishings before, it's probably a good idea to hire a professional to help you. Many stores can provide you with recommendations on installers that can get all your new bathroom items installed properly. However, if you're confident you can successfully redo your bathroom on your own, go for it. Just make sure you have all the and materials necessary to complete your renovation (and also remember to turn off the water before you remove any old bathroom fixtures.

A bathroom redo is a great new year's resolution. In fact, it's a good resolution to have any time of the year. The earlier you start, the more you can save for the redo and the more likely you'll be able to complete the renovation in a timely manner. Modern Bathroom has the bathroom furnishings you need for your http://www.modernbathroom.com at discount prices. From contemporary bathroom sinks to modern bathroom vanities, you'll find the bathroom furnishings you need for less at Modern Bathroom. ]]> Saving Money With Your Vehicle http://www.artwoo.com/article/saving-money-with-your-vehicle http://www.artwoo.com/article/saving-money-with-your-vehicle#comments Thu, 18 Sep 2008 04:08:18 +0000 money leakscheck upshefty feevehicle expensespaying off debtextended warrantycar problems http://www.artwoo.com/article/saving-money-with-your-vehicle paying off debt, saving for your children's college education or simply building an emergency fund.

However, you can't do anything about it until you realize that you are wasting money. Once you understand these car-related, , you can do something about them. Some common leaks are getting repairs done at the dealership, paying for car washes, buying too much insurance, buying an too soon, paying for basic maintenance that can be performed at home and going by the dealer's maintenance schedule. All of these things waste your hard earned cash. It's time to stop giving your money away needlessly and instead, keeping it in your pocket.

The key is to be able to make the repairs needed to your car as they are needed without having to seek the help of a mechanic. Most people think are trouble and can't be fixed but often you can simply take your vehicle into the garage and do the needed repairs yourself, which can save you a ton of money in the long-run. Mechanics charge by the hour and usually charge a for looking at your car so anything that you can do yourself should be done.

There will be some instances where you can't repair the car yourself but most time this shouldn't happen unless a part actually becomes disabled. For minor repairs and check-ups you can easily educate yourself on the topics and do it yourself thus saving hundreds if not thousands of dollars. Even the smaller things such as car washes should be avoided because it can easily be done by you without then need of paying for it to be completed. Most people are just lazy and would rather spend the money on these minor repairs but when you're looking to save money on your then this is the best way.

There are countless things you spend money on for your vehicle which aren't needed or could be done yourself without the help of a professional. You need to make a list of the things that you're capable of doing as only you know the answer to this, and then start using the list to save money. Every time you think of spending money on your car look at the list and if it's something written down on the list then you should make sure that you don't spend any money and you do it yourself.

Adding up all the small savings can amount to a huge amount of savings which is where people don't see the connection. For instance if you bought 10 car washes yearly for $10 ea that's $100/year which means every ten years you spend $1000 on car washes. This is only for car washes but as you can see you could already be saving countless amounts of money by doing the little things on your own.Renting a Car in RichmondCar Rentals in Richmond]]> What Car Features Can Save You Money on Car Insurance? http://www.artwoo.com/article/what-car-features-can-save-you-money-on-car-insurance http://www.artwoo.com/article/what-car-features-can-save-you-money-on-car-insurance#comments Wed, 17 Sep 2008 10:22:29 +0000 saving money on your auto insuranceinsurance premiumsantilock brakesmany carscar featurespersonal controlmakes and models http://www.artwoo.com/article/what-car-features-can-save-you-money-on-car-insurance insurance premiums as a reasonable tradeoff for the time saved. However, even if your life is as hectic and overscheduled as many of ours are these days, there are still which can save you money on insurance. Perhaps your car already has some of these features, which you didn't think to mention when you took out your policy; if not, these are some things to keep in mind next time you are looking for a new automobile and would like to save money on your insurance.

While there are factors you have over which can save you money on your premiums, such as maintaining a clean driving record, there are other things which your car can do for you to reap you some savings. Some features, such as , will result in a savings on your insurance in some states (among them New York and Florida) -- check the regulations in your state to see if this discount applies to you.

Some other safety features also carry with them the opportunity for a discount on your insurance premiums. Airbags are not only important for protecting you in the event of a crash, but can also give you a discount on your insurance if your car has this feature. Automatic seatbelts are another safety feature of which can offer you a savings on your premiums while at the same time keeping you protected in case of accidents.

Another way of based on your car is not a feature per se, but can end up giving you a lot of savings on your insurance premiums. This is the make and model of car which you drive -- different cars can have drastically higher premiums than do other . You can find information online (your insurance company will probably not want to give you this information) on which cars are the least -- and the most expensive to have insured. This is something you'll certainly want to keep in mind when buying a new car.

Everyone could use a little savings on their car insurance, if nothing else, to offset the absurdly high prices of gas (which are going up seemingly every day). Saving some money on your premiums can help you to keep your household budget under control; and since many of the car features which can save you money on insurance are safety features, they are a great idea to have, insurance premiums entirely aside.

Everyone could use a little savings on their car insurance, if nothing else, to offset the absurdly high prices of gas (which are going up seemingly every day). Saving some money on your premiums can help you to keep your household budget under control; and since many of the car features which can save you money on insurance are safety features, they are a great idea to have, insurance premiums entirely aside.Enjoy your car travel and find the best deal on the auto insurance coverage you need. Visit us today for money-saving tips, auto insurance quotes online and helpful car insurance advice at www.AutoInsuranceRatesDirect.com]]>