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Showing posts with the label teaching teens about budgeting

6 Simple Ways to Save Money at Home

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  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

Teaching Teens financial management through prepaid cards

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Plastic money in the form of a prepaid card is the modern way of giving pocket money to teenagers now that digital payments are most widely used.   Most reputable online financial service companies like TotallyMoney offers prepaid cards and information on other financial products to help you find the right one suitable for your need.   The prepaid card is a type of a debit card where you can allocate monetary allowance through uploading funds onto it and is especially designed for children with ages under 18.