purchasing know-how Archives - DIYmoneytrack.com

Do you know your Return on Spending?

You may have heard of return on investment (ROI), but what about return on spending (ROS)?

Return on Spending (ROS) is a metric that measures the financial return on non-investment expenditures.

Ok, but how do I generate a return on my non-investment spending?

If you use a credit card with cash-back rewards to make purchases, then you can monetize the financial benefits of “paying later” to generate a return on your spending.

To learn more about ROS, including how to calculate and the positive impact it has on your Purchasing Power, please read on.

Self-publishing a book has never been easier

I’m often asked by friends and family why I wrote a book, and was it difficult to self-publish. Here are my responses to those questions.

Why did I write a book?

There are a number of reasons why people write books. Some want to increase credibility in a particular field or profession, or create passive income. Others simply have a desire to entertain or enjoy writing. I wrote a book for two reasons: Continue reading “Self-publishing a book has never been easier”

Do you know if your vehicle has been recalled?

If you’re unfamiliar with the term “recall” as it relates to your vehicle then you’re either fortunate or uninformed (or both). A recall means that the vehicle manufacturer recognizes there is a problem with one of its vehicles that could jeopardize your safety and must fix the problem at no cost to you. Although a manufacturer is required to notify you of any recalls, sometimes those notices don’t get to you. There’s a good chance you’ve been impacted by the massive recall of nearly 50 million Takata airbags; a recall that impacted vehicles made by 19 different automakers with the airbags installed in cars with model years 2002 through 2015. Continue reading “Do you know if your vehicle has been recalled?”

You don’t need a budget to manage spending

60% of people don’t use budgets to manage spending, according to the 2017 Consumer Financial Literacy Survey from The National Foundation for Credit Counseling. While that number may be surprising, what is more shocking is that this number has not changed much since the 2007 survey. For all the advances in technology, including spreadsheets and online budgeting software, people’s habits related to managing money and tracking spending have not really changed that much over the last decade. Continue reading “You don’t need a budget to manage spending”

Buying a vehicle? Check the TCO

If you are in the market for a new or used vehicle, then it is important to do some homework before you settle on make and model. Here are a few things to consider before you pull the trigger on buying that new or used vehicle: Continue reading “Buying a vehicle? Check the TCO”