Saving vs. Investing

Courtesy of : FeedThePig.org

Saving vs. Investing

If you've been following these weekly tips and saving a little each month, consider investing a portion of your savings and allow it to work for you. Short-term investing can be used for various reasons: preparing for an emergency, anticipating an upcoming expenditure, or waiting for better investment opportunities.

Long-term investing enables you to maximize your wealth by giving you the advantage of time and the power of compounding. For more information on long-term investing click here.

Cutting Costs When Grocery Shopping

Courtesy of: FeedThePig

Cutting Costs When Grocery Shopping

The USDA expects food prices to rise another 4% to 5% this year alone! Even with the rapidly rising cost of food, you can cut costs on your grocery bill. Here are some thrifty ideas:

• Reviewing store circulars to identify sale items
  will help save you money.
• Making a list before you shop to ensure buying only what you and your family will eat before any fresh foods go bad.
• Buying locally grown produce generally costs less because the grower has a shorter distance to ship and their stock is usually in greater supply.
• Buying in bulk gives you the flexibility to buy the amount you need and reduces costs on money that would otherwise be spent for packaging and advertising. This means savings
  for you in the long run.