How To Become Rich

Here in Austin especially, there are plenty of wealthy people who don’t wear the latest fashions or drive the best cars, an indication that they may already know the ten “secrets,” Jocelyn Black Hodes offers in her article for MarketWatch.com, 10 things rich people know that you don’t.

Save A Penny, Watch It Grow

Did you know that saving $667.95 in a year is as easy as putting your spare change into a jar each night?  With this simple formula and free printable provided by Smart School House, you could be on your way to a great weekend trip or some extra Christmas cheer.  It also makes a good savings activity for children.  Try it and let us know how it goes for you!

PENNY CHALLENGE

Tips For Personal Finances When the Fed Hikes Rates

With the recent rise of the benchmark federal funds rate, Karla Bowsher for Money Talks News suggests three simple steps individuals can take to reduce the impact on their finances.

  1.  Look for a better credit card rate.
  2. Lock in a mortgage rate.
  3. Compare rates on savings (plans and funds).

This is the third hike in recent months following an eight year period where the rates were held in a range of zero to 0.25.  For more information on how to best utilize these tips, read the full article here, The Fed Hikes Rates Again: 3 Steps You Should Take Now.

Save Money

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You can still eat steak, but cooking it at home saves at least 50%.

Ever read an article with tips for saving money and thought how easy it could be to reign in your budget?  This couple saved over $50,000 in 2014 by downsizing, eating at home more often, canceling unused subscriptions and going car free.  Although the last one is feasible only if you live in an area with public transportation, the rest are simple and applicable to all.


8 strategies for saving money from a couple that banked $50,000 last year

“We stopped a nasty habit we had of reading about great tips and then failing to implement them,” Matt writes. “Avoid our mistakes. … Literally, do something today from this list and start saving money.”

 

Resolution: Budget

10406828_10204323318941932_2429536167767405500_nIs one of your New Year’s goals to better manage your money?  Do you often find yourself stressed about your budget, or lack there of?  Want to make a real go of saving, paying-off debt and creating financial solvency?  Stephen B. Smith for Young Money offers nine suggestions to better manage your finances and to achieve your goals.  9 Nifty New Year’s Resolutions .

May you have health, wealth and happiness in 2017. 

Texas, 529 College Savings Day

tcsp-logoCollege is not always the first thing that comes to mind when you are preparing to have a baby.  But it’s amazing how fast the years go as your child grows, and how just a little preparation can ease any transition in your life.  Today is 529 College Savings Day, in Texas.  Click Here to find out more about the plans Texas offers and take a step toward your child’s future!