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The Savvy Scot

Personal finance and lifestyle blog

Viewing category: Personal Finance

How to Prepare Yourself for a Possible 2016 Economic Crisis  

By Pauline

Economic Crisis

  Economy experts have already made their predictions. We are already seeing a decline in the main stock market indexes, a stumbling Chinese Economy, a $30 oil price, and the list goes on. According to Peter Schiff, one of the few economists  that predicted the 2008-2009 crisis, we are headed towards another one – which… Read more

Filed Under: Investing, Personal Finance Tagged With: Economic Crisis

9 Secret Tips to Attract Home Buyers

By Pauline

Attract Home Buyers

  Attracting home buyers during is the first step in the home selling process. Being the first step, it is fundamental to attract as many buyers as possible in order to increase the chances of a successful sale. What you are about to read are 9 secret tips – almost no one knows about –… Read more

Filed Under: Investing, Personal Finance Tagged With: home buyers, tips, tips for home buyers

Talk Money Now Questions Generates the Conversation

By Pauline

talk money now questions generates the conversation

Society has programmed us to think that talking about money is so taboo. We purchase expensive cars, big houses, updated electronics, and designer clothing to present as if we have money and that is fine, if affordable.   But the moment we are asked the price tag of the new phone, the mortgage payment or our… Read more

Filed Under: Personal Finance Tagged With: talk money

6 Personal Finance Myths Debunked

By Pauline

  The power of the majority always rules. The following 6 myths are considered as true by most people – just ask your neighbor about any of them and you’ll see. It is time to debunk them one by one and give you the real truth about the matter. Many have fall under false premises… Read more

Filed Under: Personal Finance Tagged With: personal finance myths, tips

Car Modifications That Actually Save You Money

By savvyscot

Car Modifications That Actually Save You Money

Tons of people love to modify their cars. There’s a car modding subculture that exists in basically every country on the planet. The biggest problem with being a petrolhead is that it’s expensive! Really expensive! At least… it can be. If you’re modifying your car purely to go faster, that will be expensive. There are… Read more

Filed Under: Personal Finance, Saving Money, Transport Tagged With: car modifications, car tips, Save Money

10 Ways to Build an Emergency Fund

By Pauline

10 Ways to Build an Emergency Fund

Financial advisors state that having an emergency fund equivalent to at least 3 months’ worth of your expenses is necessary for your financial stability. With it, you will have financial support if something unplanned happens. In order to build your own emergency fund you need to either reduce expenses or increase earnings. The next 10… Read more

Filed Under: Personal Finance, Saving Money Tagged With: build an emergency fund, emergency fund

Expensive Habits You Should Drop

By savvyscot

Expensive Habits You Should Drop

  A lot of people lament that life is expensive. That’s a pretty bad attitude. And life actually isn’t that expensive. I mean, even people who have a negative net worth still drive fairly modern cars, carry mobiles and have a television. This post discusses the various expenses people can avoid. If you think life… Read more

Filed Under: Personal Finance, Saving Money Tagged With: bad habits, expensive habits, habits

Strategies for Never Paying Interest on a Credit Card

By savvyscot

Strategies for Never Paying Interest on a Credit Card

The wealthy receive interest. The poor pay it. If you’re anything like me (probably are if you’re reading this blog) you want to be wealthy. So the following post describes how I’ve never paid a cent in credit card interest. I never will either, as long as I keep using the strategies outlined in this… Read more

Filed Under: Personal Finance Tagged With: credit card

How to form successful habits

By Pauline

form successful habits

This is a guest post from Ariel. I’m a 3rd year law student at the University of Southern California Gould School of Law, and I’m a healthy lifestyle entrepreneur. When I was seventeen, after playing competitive basketball all my life, I was told that I had a leak in one of the valves connected to… Read more

Filed Under: Personal Finance, Self Development Tagged With: good habits, Self Development, successful habits

5 Things You Shouldn’t Miss in Your Retirement Planning Checklist

By Pauline

5 Things You Shouldn’t Miss in Your Retirement Planning Checklist

  According to Statista, in 2015, 41% of UK residents had a retirement plan but they hadn’t it written down. Let’s face it, most of us seldom think about our retirement plan – and even less about writing an actual checklist for our plan. Nevertheless, those people who do write one will be able to… Read more

Filed Under: Personal Finance, Saving Money Tagged With: retirement, retirement checklist, retirement planning

Reasons to Outsource Your Bookkeeping

By Pauline

Reasons to Outsource Your Bookkeeping

Keeping on top of finances is not everyone’s strong suit – especially when you have all the other elements of a business to focus on as well. Whether you run a start-up or a growing enterprise, time is precious and you probably don’t want to be spending it on financial reports and tedious payroll. You… Read more

Filed Under: Personal Finance

10 Principles to Follow before Lending Money to Family Members

By Pauline

10 Principles to Follow before Lending Money to Family Members

Lending money to family and even friends isn’t the most comfortable thing to do in the world. Sooner or later a family member who is in need may ask you for a loan. When this happens, you at first may feel in a weird position. On one hand, you may feel responsible about giving him… Read more

Filed Under: Personal Finance Tagged With: lending money, Money

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Neither The Savvy Scot or any guest writers on this site are finance professionals. All writing on this site is intended for entertainment purposes only. Some posts on this site may be sponsored and will include links to external content. See Terms & Conditions page for further details.

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