Popular logic when you are trying to improve your finances is to consider drastic measures to create a noticeable difference but making these major moves is not always the best course of action and a series of small changes can have just as much impact, if not more.

Here are some savvy financial tips to consider and some insights on how you can implement some lasting positive changes to your financial situation. Including a suggestion to take an alternative view on reaching your goals, why you need to analyze your monthly costs, plus some tips that should help you keep more of your cash.

Think small to improve the bigger picture

It’s easy to adopt the mindset that paying an extra $30 or so extra toward your credit card debt payments is hardly worth the bother and won’t really make much of a difference.

It is perfectly understandable that you look at the balance and think how can I clear the debt in one go? But it often pays to take an alternative approach to clearing your debts and adding to your savings pot.

Those seemingly insignificant additional payments actually make a substantial difference to reaching your goals and rather than keep wondering how you are going to raise a chunk of cash in one go, start chipping away at your balances with these small additional sums of money.

It is a good strategy to think small as those extra payments will ultimately get you to where you want to be a lot quicker than if you keep holding back trying to raise enough cash to make what you might consider a meaningful contribution.

When you are committed to clearing debt and putting more toward your savings, don’t try to do it all almost immediately, make regular additional payments when you can and also try to make small changes to your finances to help you free up extra cash. ...continue reading

apartment living easierSometimes apartment living isn’t fun. Your place may seem overpriced, thin walled, or maybe even super small. But apartment living doesn’t have to suck.

In fact, you can make your apartment feel more like home with a few tricks and save money too. Here are a few tips to make apartment living easier.

Befriend Your Landlord

It’s a smart move to be friendly with your landlord. Not only will this make apartment living easier, but if you ever have a huge emergency, your landlord is likely to put you as a priority. It’s not right for landlords to treat their tenants in a certain way, but it happens.

You don’t have to invite your landlord over for dinner every night, but being polite and letting them know you appreciate them goes a long way. Also, always pay your bills on time and try to be the best tenant you can be. A happy landlord is an easy going landlord.

Know Your Rights

Even if you’re friendly with your landlord, it is still important to know your rights as a renter. For one, make sure you read your rental contract multiple times before signing and ask questions if you have them. You should never sign something that you aren’t sure about.

Knowing your rights makes apartment living easier because you won’t have to worry about your possessions and space. For example, unless it says so in your contract, no one should be able to enter your apartment without your permission. This helps you feel more comfortable knowing that your landlord or maintenance man can’t enter without your say. ...continue reading

capsule wardrobeIf you are always buying new clothes because you have “nothing to wear,” or if you are tired of seeing a mish mash of items in your closet, a capsule wardrobe may be the greatest thing to happen to your closet in a long time.

A capsule wardrobe will not only save you money, but it will also save you time and frustration when picking out your clothes. Here are a few tips to help you build a capsule wardrobe and save money all year.

Know What a Capsule Wardrobe Is

What is a capsule wardrobe? While the capsule wardrobe doesn’t have a true definition, it is considered as a small collection of fashion pieces that never go out of style. While it doesn’t have a max number of items, it will normally have 15-30 pieces, all of which you can mix and match.

The key to a great capsule wardrobe is having items that can all work together, so you are never stuck with an item that you can’t wear more than once or twice. Since you know that your end goal is saving money, you won’t buy pieces that don’t work well with others. ...continue reading