How to Actually Start Saving Money While Still Paying Rent and Bills

Guest post by Marina Robertson: Most, if not all of us know the importance of saving enough money not only for the rainy days but also for the immediate future. And conventional wisdom dictates that everything gets more expensive as time goes by and that is the inevitable truth. However, it seems the money we earn can’t keep up with our day-to-day expenses.

We all feel like our paycheck at the end of the month evaporates into thin are and we are left with barely enough change to make it to the next paycheck. However, this should not be the case all throughout. There are ways of saving money and paying off the bills and rent at the same time. By simply following a few small steps monthly, you would not have to live off from peanut butter and bread for the rest of the month until the next pay day.

We have laid off a guide to help you better your options in shaving off a few hundreds and making sure you have enough money left in your bank account. The infographic below details the many life-saving and money-saving hacks the we subconsciously have been wanting to do for a while. It all entails dedication and inspiration.

Let our colorful graphic inspire you to do just that. By simply focusing on the strategies shown below, you can get a jumpstart at proudly saying you have saved enough money without sacrificing your comfort and be able to pay off rent and bills, and probably loans too.

How to Actually Start Saving Money While Still Paying Rent and Bills

Credit Card Fraud Stats - Protect Yourself from Being Scammed

Guest post by Marina Robertson: There was a significant increase in the number of credit card scam incidents in the recent years. This can be attributed to the continuously growing number of people who use credit cards as their main means of paying their purchases or processing their transactions. When the credit card or its information is stolen, the scammer can use this for his personal purchases, and the owner in turn is charged without him knowing about it.

The average amount that these hackers steal from individuals through a stolen credit card is $399. The average total of the amount stolen via credit cards worldwide is staggering at $5.55 billion! That’s a lot of money and this can go higher if users are not extra careful with the use of their credit cards.

You might think that lost or stolen card is the most common kind of fraud in credit cards. It’s actually the second on the list as the top one is counterfeit cards. This is the use of fake credit cards that contain real information from existing or legitimate credit cards.

This means that even if you have your actual credit card, it’s still possible that your account can be used fraudulently if hackers get your account details. We prepared an infographic that lists astonishing facts on credit card frauds and useful guides on how to protect yourself from them.

Keep yourself safe from this type of scam and learn how to do so by browsing on our informative graphics below:

Credit Card Fraud Stats - Protect Yourself from Being Scammed

Featured in "XYPN Newsletter"

XYPN Newsletter "Advisor Advice" Section

From Katie Burke, founder of Wealth by Empowerment:

"Gen X and Gen Y clients want more than just investing advice. Going back to the basics and keeping it simple is key. Focus on their cash flow (or what are they really spending and earning) then help them to understand what they really have, what they really owe, and what they’re really worth. And take the time to help them understand their employee benefits and educate them on the different options. It's not about telling next generation clients what to do. Financial planning for Gen X and Y means giving these clients the knowledge needed so they can make their own educated decision."

Connect with Katie at Wealth by Empowerment or on LinkedIn