There are several ways to avoid bank fees and save money. Here are a few things you can do:

1. Shop for an online bank
2. Shop for a credit union or community bank
3. Use electronic features
4. Sign up for direct deposit
5. Look for a volume discount when you have multiple bank accounts
6. Maintain a minimum balance
7. Get cash at the grocery store using your debit card
8. Use only network ATM’s
9. Subscribe to email and text alerts
10. Track you money closely
11. Comparison shop for a bank that meets your needs
12. Cancel overdraft protections that have fees associated with it

https://www.moneytalksnews.com/banking-fees-are-killing-you-here-are-14-ways-dodge-them/

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What’s more exciting than watching money grow? That is compounding at work, whether it’s compound interest or compounded growth of stocks in a portfolio. It begins with the interest you earn in the bank savings account. The money you deposit at the bank can be borrowed and used by the bank, and for this privilege, the bank pays you interest. Of course, the higher interest you earn the more compound interest you will receive. This is how you make your money work for you. Time is the best way to enjoy the benefits of compound interest, which is interest on top of interest. Read here for more details…

https://www.fool.com/amp/retirement/2018/07/10/compound-interest-and-compound-growth-a-compreh.aspx

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It is important to save where you can, but it’s just as critical to spend where you should. Consider these items:

1. home improvements
2. your health
3. quality food
4. retirement
5. products that save you money
6. costs to relax
7. repairs and maintenance

https://www.thestreet.com/story/10469819/1/7-things-you-should-spend-money-on-today.html

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Unexpected costs can cost you money. Here are five easy ways to save money:

1. traffic tickets
2. bank fees
3. late payments
4. automatically renewed memberships and subscriptions
5. untapped discounts or negotiation opportunities

https://www.thestreet.com/story/10491145/1/five-costs-you-should-always-avoid.html

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It doesn’t take a miracle to get your personal finances in order:

1. Thou shal donate to worthy causes and those less fortunate
2. Thou shalt protect your finances
3. Thou shalt save and invest
4. Thous shalt educate yourself and be responsible for your decisions
5. Thou shalt set financial goals
6. Thou shalt pay yourself first
7. Thou shalt live on less than you earn
8. Thou shalt understand the difference between wants and needs
9. Thou shalt pay off all credit card debt
10. Thou shalt take actions

https://www.thestreet.com/story/10370223/1/10-commandments-of-personal-finance.html

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Financial tips for broke millennials:

1. Check in on your finances regularly. Even if it make you queasy.
2. Get a fee-free checking account
3. You can build credit without a credit card
4. You can get a credit card with no credit

see more:

https://www.forbes.com/sites/lucymueller/2017/08/18/a-crash-course-in-personal-finance-for-broke-millennials/

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Here is the list of 20 products you should buy generic:

1. water
2. medications
3. baby formula
4. milk
5. sunscreen
6. seasonings and spices
7. meat
8. frozen fruit and veggies
9. canned vegetables and beans
10. plastic wrap and aluminum foil…. visit for more: https://www.moneytalksnews.com/22-things-you-should-always-buy-generic/

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There are downsides to ‘extreme’ personal finances. Paying off large sums in a year or two may not fix the root of the problem. Similar to the ‘extreme diet’ where you return to your regular diet eventually, an extreme budget may cause you to return to the same poor spending habits. There are practical lessons with learning to manage your personal finances.

1. Budget -it’s a tool to map where you want to go
2. Be disciplined
3. Set financial small goals and build from there
4. Celebrate success
5. Revamp methods that do not work for you
6. There is an app for that

https://money.usnews.com/money/personal-finance/saving-and-budgeting/articles/2018-04-24/the-downsides-to-extreme-personal-finance

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Many women are not waiting for a man or marriage before they buy a home nowadays. The reasons are varied and diverse. Despite the challenges, many single women are finding ways to make homeownership a reality. In 2017, eighteen percent of homebuyers were single women at a rate that far exceeds single men. The main catalysts are higher incomes, delayed marriages, and personal satisfaction. The National Association of Realtors notes that home purchases for single women has risen for the last three years and is up from 11 percent in 1981.

https://realestate.usnews.com/real-estate/articles/the-rise-of-the-single-female-homeowner

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What is the 50-30-20 rule?

You put 50% of your income toward necessities, like housing and bills.

You put 30% allocated to wants, like dining or entertainment.

You put 20% toward financial goals, like paying off debt or saving for retirement.

https://www.thebalance.com/the-50-30-20-rule-of-thumb-453922

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