How to maximize the money you make from payments

Individuals can use similar methods employed by businesses to monetize payments made to vendors. For individuals that diligently optimize payments the results can generate hundreds, and even thousands, of dollars in extra cash with the same level of budgeted spending.    Continue reading “How to maximize the money you make from payments”

4 ways to get free money from spending and saving

Free money does exist, but you need to know where to look for it and how to get it.   Free Money is available when you save by compounding savings and through employer-sponsored matching of retirement savings.  For spending, you can get access to Free Money through cash back credit card programs and federal grants for college. Technically, these methods are not entirely “free” in the true sense of the word since you need to give something to get something, but I consider using these methods like getting Free Money since you need to spend and save any wayContinue reading “4 ways to get free money from spending and saving”

How do I follow my money? By tracking funds flow

I thought it would be good to kick off my blog series with an important section from my book, Following Your Money, on personal flow of funds.  This fundamental personal finance concept was the inspiration for naming my website.  Clearly in order to follow your money you must understand the concept of cash inflows and outflows, and most importantly how decisions regarding those flows will impact your ability to fund life events and goals.

Continue reading “How do I follow my money? By tracking funds flow”