http://moneytrackin.com http://moneytrackin.comhttp://moneytrackin.com/logo.gif The free online tool to regain control of your financial life Fri, 25 May 2012 13:27:21 +0200 http://moneytrackin.com/ en http://www.moneytrackin.com/en/tip/making-money-while-shopping http://www.moneytrackin.com/en/tip/making-money-while-shopping Thu, 14 Jan 2010 18:14:07 +0100 Evelina http://www.moneytrackin.com/en/tip/making-money-while-shopping Get a debit or credit card that "pays back" in points or cash. Use the card to shop, eat out, pay for gas and bills. Check your expenses to make sure that the balance on the card does not exceed the monthly balance in your checking account and then pay off your credit card as soon as the bill comes. That way, you won't pay a single penny for interest and instead have the bank or credit card company pay YOU for using their product.

]]> http://www.moneytrackin.com/en/tip/how-to-cut-down-on-expenses-in-general http://www.moneytrackin.com/en/tip/how-to-cut-down-on-expenses-in-general Mon, 03 Aug 2009 19:13:28 +0200 jokejong http://www.moneytrackin.com/en/tip/how-to-cut-down-on-expenses-in-general A friend of mine once told me, always spend half of what you can afford. For example, if i want to buy a pen, and looking at my finances, i can afford a 10 dollars pen, buy something within 5 instead. This applies to all items that you generally won't die without. Example, bags, clothings, shoes and etc.

]]> http://www.moneytrackin.com/en/tip/find-a-cheaper-place-to-live http://www.moneytrackin.com/en/tip/find-a-cheaper-place-to-live Mon, 01 Dec 2008 07:19:00 +0100 missychandler http://www.moneytrackin.com/en/tip/find-a-cheaper-place-to-live cut your expenses and live on the bone... you don't need it.

]]> http://www.moneytrackin.com/en/tip/organize-your-accounts http://www.moneytrackin.com/en/tip/organize-your-accounts Mon, 08 Sep 2008 21:52:32 +0200 tapsiturbi http://www.moneytrackin.com/en/tip/organize-your-accounts Try to have at least 3 separate accounts: (1) Day to day account (2) Savings account (3) Investment account The Day to Day account serves as your daily expense account. You should take time to set the daily, weekly and monthly expenses that you are incurring so that you could move the excesses to your two other accounts. The Savings account is your piggy bank. This should not be less than 6x your monthly expense. The reason for this is so that you could survive for 6 months if you lose your current source of income (day job). The Investment account would be your money pot which you could gamble away on several investments (stocks, mutual funds) or to store your funds for something like your own business. You should only deposit to this account when you have reached the minimum amount in your Savings account.

]]> http://www.moneytrackin.com/en/tip/write-down-everything http://www.moneytrackin.com/en/tip/write-down-everything Sat, 05 Apr 2008 09:31:32 +0200 moneytrackin_de http://www.moneytrackin.com/en/tip/write-down-everything The only real way to get control over your expenses is to sit down and write everything. This shouldn't stop you from spontanous shopping, but it should alert you that you are exceeding your limits.

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