Money Magazine ( Money logs )

One of the biggest sacrifices you can make as a parent is to ensure that you make your child your first priority at all times. With the amount of different expenditures that come with having a child, insurance is one of the most important ones. Similarly, as an adult, it is important to think about your aging parents as well. For many, retirement and pension funds are just not enough. As you get older, it can be harder to get good comprehensive medical and other insurances as well. So, a safety net for your parents is definitely something you need to take care of immediately. While many companies offer you health insurance benefits that can extend to your family including your parents, it cannot also provide the amount of coverage you need. So, here are few ways in which you can provide a safety net for your parents. Mutual Funds Many parents’ still get pension and retirement funds which is their major form of income once they are retired. You can help your pare

With the economy taking a downhill in recent years, people are either losing their jobs or getting paid less than before. Hence, they are finding it very difficult to maintain their previous lifestyle. If you are one of those who have lost his high paying job or your paycheck has dwindled, do not worry, there are some simple tried and tested tricks and hacks that will enable you to face the tough situations life will throw at you. One such trick is to rent stuffs instead of buying them. Owning things may seem cool, but renting certain things you only need occasionally is a wise financial decision. It not only helps you to save money while maintaining your lifestyle, but also has a positive impact on environment. When you rent things instead of buying, it will conserve the massive energy required to produce new products. For example, if five people rent a car instead of buying individually, then a single car is manufactured, instead of five and huge energy is saved as f