REITs an alternative to property investing
Today we will look into REITs an alternative to property investing. REITs (Real Estate Investment Trusts) can be used as a means to diversify your investment portfolio into another asset class without direct investment into property. REITs are a little like ETFs (Exchange Traded Funds) and index funds in that they contain a parcel of… (0 comment)

Living Below Your Means
  One of the essential steps to becoming debt free and financially independent is living below your means. What does this mean? In essence, it is spending less than you earn. When you are living below your means you will not be getting into more debt you can start paying down your existing debt and… (0 comment)

Tips To Improve Your Credit Score
In a recent post, I looked at how to check your credit score for free. So now that you know your credit score here are some tips to improve your credit score? If you already have a good score how can you ensure you maintain it? Maintaining a good credit score will allow you to apply for… (3 comments)

Free Credit Score Checking
I am always hearing about how important a credit score is in the United States and that it makes a huge difference on not only getting approved for a loan but also the interest rate you get on your loan. Today I have tested 4 free credit score checking sites to compare the differences. In… (0 comment)

The difference between wants and needs
When it comes to frugality and saving it is good to know the difference between wants and needs. There is money to be saved in both areas but it may be better to start concentrating on the wants. Money is a limited resource and understanding wants and needs can help with how we prioritize that resource.… (1 comment)

Tips For Handling Money In A Relationship
Money is one of the major causes for relationship problems and divorces. There is no right or wrong way for handling money in a relationship but there are some things you can do to make it a little easier. Lets look at some Tips For Handling Money In A Relationship. Realise That Everyone Has Different… (2 comments)

Is Dollar Cost Averaging Below Average?
Dollar cost averaging is systematically investing money over time as opposed to investing it in one lump sum. Advice from professionals has more than often been that you should use dollar cost averaging to help protect against a market downturn. Most of the time we have no choice but to dollar cost average into investments as… (2 comments)

Simple Budgeting Success With Automation
The secret for me has been simple budgeting success with automation. The key words being SIMPLE and AUTOMATION. In a previous post I discussed the cash envelope system for budgeting. Today I am going to go through how I run a digital version of this using a basic spread sheet for expense calculation and internet banking for envelope… (2 comments)

The Cash Envelope Budget System
Although I personally operate a digital version of the cash envelope budget system as I have talked about in my post Automatic Budget for the Lazy. The envelope budget system is still one of the easiest and effective budgeting tools out there. Especially when first starting out. It is much easier to control and track… (0 comment)