Did you know that the money you parked in the bank is rotting? You are probably wondering how this could be since money is not perishable. Well, the truth is the amount of cash you have in the bank will, after a while, buy less goods. Given enough time, your money in the bank, the same money you spent so much time and effort and sacrifice saving and scrimping, will be worth absolutely nothing. That’s right-zero, goose egg, zilch. Welcome to the dismal world of inflation.

Every kid in America and elsewhere knows that he or she should ‘save for a rainy day.’ Teaching kids to save at an early age is definitely a good idea and parents who train their children to save are training them to be financially responsible when they become adults. You really can’t start too young on this important financial habit.

Kids are one of the most expensive adventures you’ll ever undertake. Their daily care items can cost a small fortune, but that’s nothing compared to the mountains of toys you’ll gladly buy them. Fortunately, there are ways you can save on toys without sacrificing fun.

Read on to discover 6 ways you can save money on toys for your kids.

Thank goodness for altruists among us. There are many Americans, Brits, Canadians, and others who won’t blink when asked to help people in need all over the world. Every society is blessed by their members who freely and willingly reach out with a helping hand.

Kiva is a social lending site that brokers private loans between well-intentioned individuals in the ‘developed’ world with cash-strapped entrepreneurs in the developing world. This is a crucial crowdsourcing service because it helps much-needed capital flow to areas of the world where capital is tight.

Let’s face it-self-denial is not exactly popular in America nowadays. Why should it? Every ad, it seems, hype a product’s ability to deliver instant results at the user’s maximum convenience. Products that require some sort of intermediate efforts on the part of the consumer is looked at with disfavor. America, it seems, is always looking for the next big thing when it comes to convenience-instant results means instant happiness.

Did you know that you can use your credit cards to put money in your pocket instead of draining money from it? This might seem like it is too good to be true but this is what many people are doing. The good news is you can do it too.

What’s the secret? No, this post is not hawking some ‘secret’ e-book that will show you how to convert your credit cards into money making and money generating cards.

One of the most common ‘personal finance strategies’ consumers have is to put their savings in the bank while running up credit card debt. Yet this is not the ideal strategy.