Back-to-School Savings

Back-to-school season can be both tiring and expensive.  School supplies, clothes, books, shoes, and enrolment can be costly.  And with the global recession and shrinking of many currencies’ buying power, where does that put the ordinary folk?  To help save, we have come up with a list of tips. Read more

Stretch Your Nest Egg

The global economic unpredictability has made planning for retirement a rather complex job for a growing number of Americans. As financial crisis forced a string of giant corporations to fold, it has become clear that people cannot rely solely on company pension for financial independence. Moreover, with the advancement in technology, more and more people are living longer than expected that the need to stretch the nest is inevitable. Below are 5 ways to make the most out of your nest egg and help you achieve your retirement goals. Read more

The Federal Deposit Insurance Corporation – The Guardian of Your Money

The ongoing global financial crisis which has seen several of the world’s largest banks and financial institutions (especially Lehman Brothers and AIG) declaring bankruptcy has been sending jitters through literally hundreds of thousands of depositors who are thinking, “if such big banks can collapse, what about our bank?”  This leads to even more concerns.  What happens if our neighborhood bank collapses?  What will happen to the monies deposited there?  Would it be safer to pull out my money now and keep it under my mattress? Read more

Go Green and Save – Five Energy-Efficient Home Upgrades

The global financial crisis hitting the world is expected to have a negative impact on homes across America.  Already there are reports of layoffs or work slowdowns, possible salary freezes and an increase in unemployment claims.

One of the best ways to deal with the impending crisis is to go into a ‘savings’ mindset – not necessarily in terms of penny-pinching or trying to build up your financial deposits, but more in terms of looking for means to reduce household expenses, especially in your home.  Reducing household costs can be as simple as ‘thinking green’ or taking an environmentally friendly and more energy-efficient approach to your home life. Read more