Save Big On Expenses: Frugal Living

Felix Finance

Living frugally does not necessarily mean living in poverty or having to constantly deprive one’s self of the finer things in life. Depriving one’s self of anything and everything is not what the frugal living lifestyle is all about. In fact it is just the opposite, because with frugal living the individual is able to keep expenses low, pay off …

Powerful Savings Method: 401k & IRA

Felix Finance

These are two very powerful savings tools that are becoming more popular as more working adults opt for such plans. The assurance of having money put away for retirement through these secure platforms will encourage those not yet doing so to seriously consider these options. A Mighty Plan A 401k plan is basically a scenario where the company the individual …

Start Savings Early

Felix Finance

For most people going into the work force today there is very little possibility of being able to enjoy some sort of pension plans as these plans are becoming more “extinct”. Such pension plan facilities are no longer a requirement or a compulsory addition to an individual’s salary deductions. Therefore without such allowances in place for retirement the individual would …

A Warrior Watches His Money

Felix Finance

As far as getting lean, fit and muscular go, you already know all you need to know. Now you need to know an important truth – How to manage your money and when is the right time to quit your day job. The majority of people who try and make money online do so because they wish to quit their …

Preparing Your Finances

Felix Finance

Cash and Cheques – What to Bring? There’s no way that you can bring all the cash you’re going to need for an indefinitely long journey with you! For that reason then, you’ll need to bring cards, cheques and more. At any given point, you should have enough money to last you about a week. This will ensure that you …

Save Your Money for Bigger and Better Things

Felix Finance

One way we’re doing this, is by saving our cash for the things that we really want and not just spending it all on things that catch us off guard. Far from having less, we’re now having more of what really matters to us and what can really make a difference in our lives. We’ve already seen the power of …

Financial Success Isn’t Difficult

Felix Finance

Financial success isn’t a hard task to master. It simply takes dedication, hard work and a little old fashioned commitment. But it also takes a little knowledge. Too many consumers are ignoring what are financial truths. They run up large amounts of debt just to appear successful to those around them. They surround themselves with things that only make them …

Common Tax Mistakes by Parents

Felix Finance

There are a number of common tax error made by parents which can be costly if you are not careful. Here are several of the most frequent, and how to avoid them. 1. Not getting a Social Security Number (SSN) quickly for each new child You can’t claim them on your taxes if they don’t have a number. 2. Not …

College Savings Plans for Your Kids

Felix Finance

It’s never too early to start saving for college and your child’s ongoing educational expenses. These days, there is such a variety, it’s probably not a case of either/or so much as which investment options to include to create a tax-saving portfolio that will meet your family’s needs. Getting Started The first step is to guesstimate how much it will …

Your 401k and Early Retirement

Felix Finance

The American dream is to retire early. Who wouldn’t want to put work behind them and spend their days traveling, with friends and family, participating in hobbies, and relaxing? In the past, early retirement was an option for those in good financial standing. Most considered it a reward for good saving and careful planning. Today, many Americans are being pushed …