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Time Value of Money: How to Determine the Value of Money with Respect to Time

Money received today is more valuable than the same amount of money a year from now. It is essential to understand the relation between mone...

Wise Spending Through Online Discount Coupons

I have always loved to dine out. I usually spend the weekends with my friends or family. When I began thinking about my personal finances, I found out that I was spending a lot on dining out. A huge chunk of my salary went down the drain due to my excessive spending on dining at different restaurants.

Every week I go out explore and dine at different restaurants. Although this started out as something I do regularly with my friends, this has become some sort of a hobby for me to update my blog. Since I loved to dine at different restaurants, I started looking for ways to lessen my expenses on dining out. Luckily for me I heard an ad from the radio about a site that offers group discounts on various establishments.


Investing in UITF and Mutual Funds


I recently started investing in Unit Ivestment Trust Funds (UITF) and Mutual Funds. Even though a lot of these funds performed well the past years I made sure to spread my investments in different establishments, as the saying "Never put all your eggs in one basket".

UITF and Mutual funds offer similar products, they differ mainly by how they charge their fees and the institution that handles your money. UITF are offered by banking institutions while Mutual funds are invested in Mutual Fund Companies. I personally prefer UITF since you can link your bank account to your UITF account.