Europeans are more aware of saving than a few years ago. Rarely, however, they set aside money in advance without planning their destiny. Most often they save for housing, current consumption and holidays. Only 4.3% of them accumulates capital for retirement. The specialists suggests, that saving for a specific purpose not only helps in the realization of the intended purchase and provide safety in case of unforeseen situations. It also teaches rational management of the household budget. To feel safe One of the main reasons why it is worth saving, is the stability of the household budget. Our finances are

Yesterday, I was asked the question “What would you do with an extra $10,000?” When I started to really think about it, there are tons of things I could do with that kind of money. What would you do with it? Buy that new TV you always wanted? Save it? Invest it? Pay down some credit card debt?

A reader recently asked about what insurance policies I have. Here is a breakdown:

If you already have a personal finance blog or found Jim’s 25 steps to creating a personal finance blog, you are likely trying to find ways to grow your audience; I have a couple extra tips that are guaranteed to bring a bunch of visitors to your site.

Several weeks ago, I had an opportunity to buy a Nintendo Wii at the suggested retail price. If I had taken advantage of the opportunity and immediately placed the item on eBay, I could have quickly netted a profit of $50 or so in a week with just a few minutes’ work, but it required me to have both $260 in liquid cash on hand (as well as the willpower not to open it).

I’m about to reveal a very key technique that anyone can use to ensure that their financial shape tomorrow is better than their financial shape today. Even better, you can apply this technique every single day and, if successful, you will end up in substantially better financial shape than if you didn’t do it. It’s incredibly simple, almost magically so, and yet virtually no one in the world actually does it.