In America and Great Britain generally people have a negative savings rate. That means on average, we as a culture spend more money than we make, which can only lead to disaster.
If I teach one thing as Ms. Money, I hope it is that you learn
that HAPPINESS IS A POSITIVE CASH FLOW. That means you need
to spend less than you make. Look around the Ms. Money Savings
Area and you will find abundant ideas that will teach you
to learn to save and show you ways you can cut costs without
sacrificing life style.
I kick off the Saving's Corner with my favorite topic - Cut
Your Bills in Half. I see so many people who
want to save for a future goal but say to me it is impossible
because they just can't find enough money to set aside.
Well, they need fret no longer, because I have given
enough money saving ideas to teach everyone how to live
their life at half the price. By implementing just a
few of those ideas, you should have plenty of cash to
stash to spend on something fun for yourself or for
that big goal.
I thoroughly researched the Internet and the best sites out
there that provide advice for you to save in your everyday
life and provided that in the Everyday
Savings section. Since I travel a lot, I have set
aside quite a bit of money for vacation. I have been the savvy
shopper when planning my get-aways. I share my tips as well
as other smart traveler's advice in the Vacation
One of the best ways to secure your financial future is to
purchase a home. No savings area would be complete without
a discussion on home savings,
whether saving to buy a house or the process of purchasing one.
Usually the price of your home will appreciate over time so
it makes an excellent investment.
You can't say the same about your auto. If you are going
to spend a good portion of your hard earned money on a vehicle
then you should learn how to get the best deal when buying
it. Stop by the Home/Auto
Saving section for some valuable information and read
my Auto Buying Tips article.
Many of Ms.Money's readers have children, which is why I
included a section on teaching your children how to save and
be smart about money. Remember they grow into adults and if
you don't instill good money habits early, you just might
be bailing them out of trouble later on. Consider this one
of the best investments you can make and click over to the
The biggest financial goal most of us have (or least should have), is saving for retirement. Yet, the process can mystify so many people. The sooner you start saving the faster you will accumulate wealth and be able to retire in style.
Check out the Retirement
Savings area for a discussion of the pros of investing
early and the cons of waiting until the last minute.
I wrapped up the whole section with Thrifty
Chic. This is for consumers, like myself, who don't
want to sacrifice lifestyle or fashion while living life at
half the price. The good news is, I have proven that you don't have to. With smart shopping and learning to manage your money
wisely you can be the most stylish person on your block and
also be the one with the most financial freedom.