Savings Archive

Which Is Better, Saving Or Investing?

A clear understanding of the meaning and relationship of saving and investing is necessary for good financial management. These two (2) terms have become so common to the human ear and have been taken for granted by so many people. However, these two (2) being the basics of concepts in financial management, have great implications

Living Practically To Afford Luxury

Few people have been able to discover the relationship between what is basic and luxury in life. However, history has shown that most persons in all societies and in any country, long for comfortable living. To enjoy luxury in life, matters pertaining to the most basic of human needs – food, clothing, and shelter, should

Short In Food Budget? Cook Frugally

Excellent budgeting of one’s finances does not exempt a person from experiencing fund shortages for his/her food supply in the future. Setting aside money for his/her wants, savings, and investment needs is very important. An individual’s priority, however, should be the amount needed for his/her basic necessities, which include food, clothing, and shelter, the most

A Parent’s Responsibility: Money and Psychology

Through the years, many adults, particularly parents and/or guardians, have been using money, as a major tool in forming their children’s behavior. To effectively do this, it is a good to learn and employ some basic concepts in psychology. Many of these adults use money – coins and bills to reward their children for good

Get A Piggy To Get A Habit

The habit of saving money is so important and should be introduced in one’s childhood years. But teaching the value of this practice to youngsters is not an easy task. Human beings, even children, are inclined to spend money than save it. But this can be addressed using even the simplest, most common and traditional

Meeting Maintenance Medication Needs At Minimal Cost

Maintenance medications can become part of a person’s basic needs and should be taken into careful consideration when budgeting one’s expenses, especially if he/she only has minimal funds available. There are many individuals who have certain health problems and/or disabilities. Their conditions, however, have greatly improved after taking maintenance drugs. Maintenance medications have been effective