The Simple Riches: Saving and Investing

The market for most businesses is extremely competitive, especially for small businesses. Advertising is no longer an option – it's a necessity. An effective marketing strategy can be the difference between a thriving business and one that struggles to stay afloat. Reaching out to customers, building brand awareness and driving sales can all be acc...

You can open a health savings account (HSA) at any bank that offers it. Some of them even offer an account tied to investments. In some cases, you can open an account without even making a deposit. If you choose a health savings account with options, the bank could charge a fee. If you don't want an official health savings account, you can make you...

During the COVID-19 pandemic in 2020, many people were caught unaware of just how unstable their food stores were. Once word got out that government officials might ask people to stay in their homes to help combat the spread of this very contagious virus, people started hoarding toilet paper, groceries, hand sanitizer and other items. Those who cou...

When you want to save money, you don't have to save triple digits every week if you absolutely can't. Though you will save faster if you save more, sometimes that is not possible. However, having a little backup for emergencies and getting started on a retirement account is better than having nothing. You'd be surprised at how much you can save whe...

One of the best ways to get to a point where you can save more than a few bucks every week is to start eliminating debt. You might have a few thousand dollars in credit cards, or you could have several hundred thousand dollars in other liabilities that you owe. It often seems as though you can't get that debt down, no matter what you do, because it...

An emergency fund is money you set aside to pay bills should something happen. A family member could get sick and be unable to work, or you could lose your job unexpectedly if your workplace closes down, or you could be out of work for many other reasons. An emergency fund also comes in handy if you have a significant issue, such as your vehicle br...

If you've tried to save money but always found it difficult, you might fare better if you create a budget – and stick to it. Creating a budget tells you what you can spend on a monthly basis. You can even create a weekly budget or break it down into a daily budget. Listing your expenditures helps you see where the money is going and where you can m...

You'd love a new car but don't think you can swing it right now. But – you don't have a choice since your current vehicle needs thousands of dollars of work to make it safe enough for local travel, never mind road trips. If you have to have a certain type of vehicle instead of a compact car, such as an SUV or a pickup, you can buy a barely used veh...

Reading as a hobby is becoming more and more expensive with the prices of publishing going up. When publishing costs increase, the cost of the finished book also increases. If reading is one of your favorite hobbies and you've had to let it go by the wayside or read the books you have over and over because of finances, you can read on the cheap. Wh...