fbpx

How To Save $2000 Per Year

This past month we finally had enough after receiving our cable bill that again crept up to over $280 per month from our local cable provider which was littered with equipment, taxes, and random unexplained charges. For years the cable companies operated like the monopolies that earned them that moniker, yet every year we would call in to the service line playing as good of an Oscar role as we could muster to bluff like we were calling into cancel. We would say that we had some place better to go, while knowing there was someone on the other end laughing their ass off, mocking us while hitting the mute button thinking we were full of shit, as there was no other island we could travel to.  Until now! It went something like this: Me: “Ya, our cable bill is now $280.00 again, we are thinking of canceling. We don’t need 270 channels, you made us get a house phone, ...

Read More →

Five Ways To Raise A Financially Successful Child

With student debt soaring past 1.5 trillion dollars, it isn’t getting any easier for Generation Y and Generation Z to get up and going financially in this world.  Unemployment is now sitting under four percent and wage growth is barely rising at the pace of overall inflation. This means that as parents, we need to do everything we can early on in our children’s lives or even as they get close to graduating college to set them up for long term financial success.  It is important we teach them the concepts and practices that can help them become more financially self-sufficient down the road.  Here are five ways you can help raise a financially successful child. 1. Start Saving for College Tax-Free The average student will amass more than $30,000 of student debt in college, so doing everything we can to help them avoid having that debt is important.  Remember, do not sacrifice your retirement for your children’s college education ...

Read More →

Six Memberships That Will Save You Money In 2016

Topic: Six Memberships That Will Save You Money In 2016 Taped 3/29/16 Listen every Tuesday morning at 8:00 a.m. on ROCK 100.5 | Atlanta’s Rock Station to “Your Smart Money Moves” with The Rock 100.5 Morning Show and oXYGen Financial. Ted Jenkin, CFP® and Kile Lewis, CRPC® are the founders of oXYGen Financial, and our chief financial officers. All your money questions answered Breathe easier at http://oXYGenFinancial.net ...

Read More →

How To Save Money On Marked Up Products

Topic: How To Save Money On Marked Up Products Taped 9/15/15 Listen every Tuesday morning at 8:00 a.m. on ROCK 100.5 | Atlanta’s Rock Station to “Your Smart Money Moves” with The Rock 100.5 Morning Show and oXYGen Financial. Ted Jenkin, CFP® and Kile Lewis, CRPC® are the founders of oXYGen Financial, and our chief financial officers. All your money questions answered Breathe easier at http://oXYGenFinancial.net ...

Read More →

How To Save $1,000 Fast

How many times have you told yourself, “If I just had an extra thousand dollars in my pocket I would . . . .” in your life?   There are many things that we would like to purchase month to month or year to year if only that little bit of extra cash was in our pockets.  I discuss a lot of different techniques to make money or save money in the your smart money moves blog, but now let’s talk about a few ways to get cash quick in your pocket.   If you need $1,000 bucks for something you want to buy, a vacation you want to take, or to make an investment that needs to be done now, here are eight ways to save $1,000 fast. Sell Your Stuff– Whether you do this through a garage sale, you take it on Craigslist, odds are that you have items in your house that you just don’t want or need anymore.  ...

Read More →

How To Save A Down Payment For Your 1st Home

You just finished watching the latest installment of House Hunters on HGTV and begin to think to yourself, why not me?   Purchasing your first home is not only the “American Dream”, for many young Americans it signifies a real transition into financial adulthood and responsibility, by taking on potentially the largest debt you will ever carry in your entire life.  Unfortunately, many new homebuyers don’t save or strategize effectively when they buy their first home and sometimes make an impulse purchase that costs them dearly in their family finances.  Here are my six tips on how to save effectively for the purchase of a first home. Use The Loan Amortization Tool In Microsoft Excel That’s weird for a first tip Ted. No, not at all.  This FREE tool in your Microsoft excel toolkit will allow you to plug in different loan amounts, interest rates, and loan periods to see your principal and interest statements.   What you want to do with ...

Read More →