Skip to main content

Posts

Showing posts with the label digital saving

8 Best Financial Lessons My Partner Taught Me

Your special someone is an amazing person who has improved your life in more ways than one -- including financially. Maybe you were decent at managing money before you met them, but they helped you become even better or perhaps your finances were a mess until they stepped in. No matter the situation, you received at least one valuable financial lesson from them that changed the way you view money. Now that you're a more responsible spender, less stingy or better at putting money aside for savings, you'd like to share your experience with others. This is great, because your partner's savvy financial advice also can have a positive impact on plenty of other people. Hearing how their advice helped you can inspire others to make changes they've been putting off or didn't even realize they were capable of achieving. Or, perhaps you're the one who imparted the financial wisdom that changed your partner's life. Regardless, sharing these tips with others --...

Random Musings on Non-Fungible Tokens (NFTs) in 2022

Whilst not intended as a comprehensive primer (happy to think about that if asked), I recently found myself participating in a Zoom call with a Mini-major film studio recently where the concept of NFTs appeared to have passed them by. After a short discussion it became clear that they couldn't really see how NFTs might disrupt the film sector so I though some random musings on NFTs might help! "This year we will continue to see NFTs grow and eventually become mainstream." Aleksander Larsen, Sky Mavis Introduction For good reason, "non-fungible token" (NFT) was Collins Dictionary's word of 2021. Actually, two really good reasons exist. The first is that NFTs are gaining momentum in a big way lately, and many are rushing to the dictionary to find out what exactly they are. The second reason is that NFTs could be about to change everything! NFTs are digital content pieces linked to a blockchain. Think dispersed digital databases like the one that ...

5 Ways to Trick Yourself Into Saving Money

The savings rate in America is pretty abysmal. Fifty-seven percent of Americans have less than $1,000 in their savings accounts, according to a 2017 GOBanking Rates survey. Without savings, people can be forced to take on debt when they lose their job, get sick or have major car repairs. Fortunately, there are some easy ways to trick yourself into saving money, whether for retirement, college, a new car, vacation or a rainy day. Here are five: Automatic Transfers Having money automatically moved from your paycheck to a retirement account, or from your checking account to savings, can be a painless way to save money without realizing you’re doing it. It’s called “Pay yourself first” and it is meant to pay into your retirement or other savings accounts so that you pay your future self first. Otherwise, it’s money you’re likely to spend. Hide It Automatic transfers are one way to hide your money and keep it out of your sight so you don’t spend it. There are other ways to hide...