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Tag: expenses

Retirement planning and superannuation

Retirement planning and superannuation

Lifestyle
Retirement is something we all tend to think about from time to time, but many of us are not particularly serious about saving for it. Generation Y, for instance, might laugh off suggestions that they need to consider investing for their golden years in the distant future. However the bitter truth remains that the Twenty-First Century is undoubtedly an economically evil era. Times are perpetually changing for the worst and job security is virtually a thing of the past. A stable nest egg in this day and age of global recession and heavy superannuation losses is critical, if not mandatory, for those of us who want to retire comfortably - especially for those of us young folk who want a stable retirement in the future. Superannuation is Important but not Guaranteed One of the wor...
Why Saving Is Important And What Rule To Follow

Why Saving Is Important And What Rule To Follow

Finance
The personal savings rate is lately taking a southward turn as many people are having trouble in stashing away money. Below are some tips how you could avoid some financial dangers: Experts suggest one common rule of saving and it is called "The 50/15/5," which mean don't spend more than 50 percent of your salary on essential expenses like food, transportation and housing, and try to save at least 15 percent of the pre-tax income for retirement along with 5 percent for emergencies. This mean you are left with 30 percent of your income for the freedom of spending the other ways. However, following the said rule become difficult for many people as they argue keeping essential expenses to half of the salary is not easy. Take a look to the popular website AmericaSaves.org that dis...
How to Save Money in Your 20’s

How to Save Money in Your 20’s

Finance, Travel
Your 20s are a great time to live it up—travel, experience new things, and grow as a person. It’s also the perfect time to start saving money. It may seem unnecessary now, but saving money now is essential to your future. In your 20s, it’s perfectly acceptable to not have it all figured out yet, but it’s a good time to build a financial foundation when you do. List Your Monthly Expenses Do you pay student loans? How about rent? These are just two of the heavy financial burdens that most 20-somethings struggle with today. With this already in mind, the best place you can start is by sitting down and listing out all of your necessary expenses. Make a note on your smartphone or write it down the old fashioned way to make sure you pay off your monthly obligations. One of the most ...
Some Saving Ideas to Travel More

Some Saving Ideas to Travel More

Travel
If you are a travel lover, then there are chances that you spend a lot of money on traveling. Traveling is a hobby, but it is tricky too. Many of the travelers have questions to save money so that they can have financial comfort. Saving money for travel itself is a difficult thing and then spending a lot is not affordable sometimes. If you want to travel more, then there are some ideas for you to save a reasonable amount of money so that you can fulfill your desire of traveling. Purchase Bundle Offers There are some services offering some bundle deals. These offers contain the whole package of your flight, lodgings and the best car services and may be the hoteling expenses. Buying this kind of bundle offers can save you a lot because when you spend separately, it sums up to a huge ex...