A Chunk Of Money From Salary, AdSense Earnings & Tuition Fee July 23, 2009
Posted by Vedis in : Income Streams , comments closed
I am so looking forward to collecting hubby’s salary, my AdSense earnings and tuition fee next week. It’s a huge chunk of money!
The money is going to be used to pay my AKPK debt repayment, hubby’s DMP repayment, car and home loan installments and utility bills.
Oh, hubby has to send his car for repair too once there is cash in hand.
Happy as there is still extra money left for some savings. 
How To Double Savings In 6 Months July 19, 2009
Posted by Vedis in : Savings , comments closedHere are some tips on how to double your savings in 6 months.
1. Ditch Your Bad Habits. Expenses on smoking, drinking and even small gambling habits like buying lottery tickets add up to a considerable amount over time. Ditch them.
2. Take a Packed Lunch to Work. Apart from saving money, this is a practical way to control what goes into your meal.
Also, save more and get fresher ingredients by buying from wet markets rather than supermarkets.
3. Invest Prudently. Shop around for low-risk investments that suit your budget and profile. Some investments can bring you returns of 10 times or more. Normal savings accounts give you a paltry 0.25 – 0.35 percent interest per annum.
7 Golden Rules To Financial Prosperity January 21, 2008
Posted by Vedis in : Make Money , comments closed
Not Enough Money? I believe that most people haven’t got enough money for everything they wish to have – the more you have the bigger your plans, and you have a feeling that you have less and less money.
Whether you have lots of money or just so-so, you need to economize and take proper care of your money – your income, expenditures, savings and investments.
Below I give you 7 Golden Rules to a Financial Prosperity:
1. Always have several streams of income: never rely on one income from one source only. (more…)
5 Simple Money Tips April 21, 2007
Posted by Vedis in : Money Saving Tips , comments closedWe asked experts for their best cash control tips in areas that can easily get out of hand – and here are 5 simple money tips !
1. Pay Yourself First. Before you start spending your monthly salary, set aside money each month towards your savings, insurance and retirement plan. Also, set aside a sum equal to six months of your income for emergencies. This should be over and above your other savings.
2. Have a Budget. Budgeting can be the key to finding additional money to invest. To get a clearer picture of your expenses, keep a daily record for a couple of months and note down everything you spend. You’ll develop a better understanding of your entire financial picture and be able to identify specific areas where money seems to disappear.
3. Get Smart with Credit Cards. Although convenient and easily obtainable, a credit card can end up being a tool for financial disaster if not managed properly. It would be wise to limit the number of credit card which suits your lifestyle needs better. Alternatively, you can use debit cards which have the same convenience as credit cards – but you don’t end up with a debt.
4. Avoid the “Sale” Mentality. When you buy a $100 item on sale for $60, you don’t necessarily save $40. You spend $60.It is only good deal if you need the item in the first place.
5. Check Bills and Keep Receipts. Studies have shown that every fifth bill from supermarkets contains inaccuracies, on average. So check every bill you get, from your phone company, credit card company – you name it. Ask for proof if you don’t agree. Why pay for their mistakes ?
