Archive for the ‘savemoney’ Category

Cheapest Cities to Live In, Which Cities are Cheapest?

Wednesday, February 18th, 2009

If you ever wanted to live off blogging, why not just move to a cheaper city, in fact maybe with your current blogging income maybe you could afford some of these cheapest cities in the world?

Moving to a cheaper city is a great way to go farther with your income.  You could be earning $10 per day blogging and still survive in some of these cheapest cities of the world.

cheapest cities

 

Divided by Total/Cost of Accommodation/Food
1. Vangvieng Laos $4.25 $3.25 $0.50
2. Goa India $4.50 $3.50 $0.50
3 New Delhi India $5.50 $4.50 $0.50
4 Bangalore India $6.00 $5.00 $0.50
5 Bangkok Thailand $6.23 $3.73 $1.25
6 Ho Chi Minh Vietnam $6.86 $5.00 $0.93
7 Quito Ecuador $7.00 $5.00 $1.00
8 Phom Penh Cambodia $7.00 $3.00 $2.00
9 Bali Indonesia $7.16 $6.50 $0.33
10 Asuncion Paraguay $8.00 $4.00 $2.00

What about some more familiar cities?
Buenos Aires Argentina $14.00 $10.00 $2.00
Hong Kong China $17.95 $15.95 $1.00

Keep in mind to live cheap in the cheapest cities in the world, you will have to also reduce your living standards to be closer to that of the local population. This means no 4 star hotels, rather youth hostels or renting out an apartment. Still, even if you still feel the need to live above the living standard in these places, you can still live much better for much less.

The Average Annual Credit Card Debt, Is anyone saving?

Wednesday, January 2nd, 2008

Its been drained in my head that the average American can’t save. Even my friends from abroad have images of Americans consuming mass quanities of Chinese products, putting our earth on a dangerous trend toward pollution and global warming. What about when you’ve heard that average annual credit card debt is $8,000 in America? Are these average annual credit card facts really true?

The truth of the average annual credit card debt
1. 23.8% of American households have no credit cards at all.
2. Another 31.2% of the households surveyed paid off credit card bills in full.
3. 55% of households that owed nothing on credit cards .

Who’s in debt?
29% of households surveyed by the Fed, owed $1,000 or more on their cards. Still, 29% is a higher number than anyone would like to see. The problem is, the worst loan you could get is from your credit card company. Their very high interests rates can make it hard for anyone to pay back their debt.

Earn More and Spend Less
This year, rather than focus ClickforNick mostly on money making issues, I’m also going to focus on ways to cut back our costs. The bigger the gap is between our expenses and our income means of course money entering our bank accounts. The easiest way to start today is to create a budget. Find out where all your money goes. Then, cut out all unnecessary expenses. Do you really watch your premium Cable Tv or use all 1 million of those cell phone minutes?

Source: MoneyCentral.MSN.Com

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Where to find the Cheapest Flight

Thursday, November 29th, 2007

Where to find the cheapest flight? There is no one site offering the cheapest flights. The price of a flight can change like the weather. A nice sunny cheap flight one day and a terrible price if you wait too long. I’m trying to get from Detroit, Michigan to Frankfurt, Germany for the winter holidays to see my girlfriend. A few days ago I found a price for $420 round trip. Now that I’ve decided to buy the flight, it has gone up to over $900. I can’t tell you how frustrating this is.

How to get the cheapest flight
1. If you are a student use StudentUniverse.com. They offer special student prices. I managed to get round trip ticket for $490 from Chicago to Frankfurt, Germany when I was a student.
2. Try the major flight search engines. I prefer travel.yahoo.com, kayak.com, and expedia.com. Try different dates and different surrounding airports. Most of the time there might be a better deal at an airport just farther away.
3. Fly during the week. I’ve found that Wednesday is often the cheapest date to fly. Try a day before and after Wednesday.
4. Try low cost airlines. I often look at Air India for cheap flights. Though there is nothing special about this airline, they have very flexible change flight fees.
5. Book early. The longer you wait, the more you probably will have to pay. Changes in the economy, such as the rising price of fuel, will affect flight prices.

There is no one place that offers the cheapest flight everytime. There are so many variables, yet another reason to just drive. Too bad they didn’t build a bridge over the Atlantic…

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Save Money and not Notice you are Saving Money

Tuesday, November 20th, 2007

Do you consciously think about saving money? If money is tight, there are small ways to cut unneeded expensive out of your day without evening noticing it.

The following article comes from bargaineering.com:

“1. Cancel that Netflix Account.
How many movies do you really watch? Cancel that Netflix account and instead go with something like Redbox where you pay $1 a night (often times free with a promotional code) and save yourself that $20-$30 a month you’re paying now. I know I’ve been at my friends’ places and seen the same Netflix envelopes month after month.

2. Drink more water.
Get a water bottle, fill it up and drink from it during the day. Get used to drinking water and you won’t drink more expensive stuff like soda and coffee. Get used to drinking water and you’ll likely eat less, cutting out those expensive snacks. Get used to drinking water and improve your health, which means less in health care costs down the road that will be difficult to quantify. As a corollary, when you go out to eat, ask for water instead of your beverage of choice. This is a directly quantifiable savings because do you really want a $2 soda?

3. Visit the library.
Books are expensive and I’ve done a scientific experiment that has definitively proven that the only reason why you would ever buy a book is so that you can put it on your bookshelf to prove how educated you are. Seriously, I have done such an experiment because I know that after I read through a book once, there is a 99.99999% chance that I will never open it again and thus the only logical reason to ever buy a book is to show off. ) Okay, I’m being facetious but let the library be your bookcase and not only will you save money, you’ll save space, and even some trees. DVDs are available at the library too… so you can scratch off #1 too if you just do #3.

4. Switch to CFL.
Switching to compact fluorescent light bulbs will save you huge on your electricity bills since the bulbs use about a quarter of the electricity of their regular light bulb equivalents. Now, the bulbs will be more expensive but the lowered electricity bill plus the longer lifespan overcomes the initial price hit without minimal cost to you.

5. Reduce your phone, television, internet package or just threaten to cancel it.
Do you really need 23094820394238 minutes on your cell package? How about 290384029 channels? Heck no, I have like 500 channels and all I watch are ESPN, The History Channel, and maybe Oxygen (okay, not really Oxygen); but if you don’t want to give up all those options, consider just calling up your cable company and demanding a better rate. Verizon is coming into the neighborhood soon so I think I’ll be calling up Comcast and asking them to reduce my rate or I’m jumping ship. Either way, paying less for the same service is certainly an invisible way to save money!”

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