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Airbnb

Is Airbnb a Good Investment?

Maybe you’ve stayed in an Airbnb or two. Maybe you’re even a big fan. But have you ever considered investing in your own Airbnb? Many of our readers have probably asked themselves at some point whether running an Airbnb would be a worthwhile investment of their time, money, and energy. Perhaps some have deeply investigated, while others may only
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Energy cost 2022

Worried about EU Energy Costs in 2022? Here’s what you need to know

EU consumers have been paying exorbitant prices for gas, electricity and oil since 2021 – and the trend is rising. Partly because of greater demand and rising wholesale prices, partly because of the war in Ukraine and a possible embargo. Here’s how high EU energy costs in 2022 will be. Find out what you’ll be paying and how you
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Electric Cars vs. Gas Cars: Which Is Cheaper?

Rising oil prices and the demand for more climate-friendly transportation are fueling many people’s desire for an electric car. Wondering under what conditions it’s worth switching? Take a look at the overall comparison of electric cars vs gas cars. We have analyzed a 2021 Tesla Model 3 and a 2021 Jaguar XF IC vehicle for you and can give
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What Inflation Means For You In 2022

Inflation is growing, and that’s not good news for your pocket money. But what is inflation, and what can you do to combat its effects?
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charity

How Much Should You Give to Charity?

How much should you give to charity? To save the reader any suspense, that isn’t a question we feel we can answer for you. No. This post isn’t about answering that question, instead, it’s about asking it. Many of us give to charity. Even more of us want to give to charity, and even more of us still just
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Scam

Money Scams You Should NEVER Fall For

If you’re a BudgetBakers customer, you’re probably smarter than the average person. That’s what our research tells us anyway. You may not be susceptible to the most obvious of marketing and money scams, but that doesn’t mean that even the smartest people don’t occasionally get hooked into something they don’t fully understand. That’s what today’s discussion is all about.
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8 Ways to Argue for a Raise This Year

Asking for a raise is never easy. It’s been quite a difficult couple of years for many of us. We’ve lost businesses. We’ve lost family members. We’ve lost friends, and some of us lost our jobs. That’s why now is the time to step up.  But with millions of people in the developed world seeking early retirement, and millions
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Avocado Toast

Your Millennial Money Advice is Annoying

We get it. The millennial generation is now the largest in the United States and in many other developed countries too. People born between about 1980 and 1997 are now the majority of new homebuyers, of new hires, new parents, and increasingly new political leaders as well.  A funny thing has happened though since their parents’ generations grew up.
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Money-Movies

7 Money Movies You Can (Actually) Learn From

Summer for my family means hot days hiding from the sun, warm evenings spent in our garden, and airy nights spent watching a film together on our home projector. So obviously I’m a big fan of movies, and having worked in the finance world for a long time in one capacity or another, I also have my favorite money
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8 Podcasts That Will Make You Smarter About Economics

Stop me if you’ve heard this one: You come across an important piece of news about the world, and while you know what it’s saying matters, the terms and figures mean very little to you.  Inflation, consumer price index, unemployment, trade and budget deficits and the like, all sound critical to our everyday lives. And they are critical. Yet
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Sunk Cost Fallacy

Sunk Cost Fallacy: Dealing with Loss

I have a confession to make. I’ve been living in denial for a while now. But it’s time to let go… The Sunk Cost Fallacy : How Not to Set Your Money on Fire It all started with a dream. I’ll admit, it was a silly conceit of mine. I had always wanted to own a BMW. In fact
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Budget Spring Cleaning: Part 2

Your budget, just like any other part of your busy life, deserves a spring cleaning. That’s why last time we shared 5 Tips on how to spring clean your budget. Now we’re back with 6 more tips on budget spring cleaning. Think we’re missing a good budgeting tip? Give us a shout on Twitter or Facebook.   Stack Your
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7 Ways to Make it Through the Crisis with your Finances Intact

These days are difficult and challenging for each of us. Everybody is facing their own personal crisis. To overcome your “fear of not having enough” (money, work, health), we’ve prepared a special package to offer you tips to smooth the crisis a little bit. We all are literally pushed to slow down. In the same moment, never before there
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Talking Money: On Why Millennials Need To Face The Numbers With Broke Millennial, Erin Lowry

When we started the BudgetBakers blog, we were clear about one thing — we wouldn’t offer unsolicited advice or preach about the one-right-way to manage money! Why? Because, we know that there is no such thing. We respect each of your money management systems and what we offer are simple, yet intelligent solutions to make this process easier for you. We
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How Labels On Wallet Helped A Student Bid Goodbye to Junk Food

Many personal finance management apps are built to make you feel miserable about the way you manage money. There are red flags when there’s too little money in your account. There’re too many nosey nudges when you overspend. And, there are constant reminders about how you’ve failed yet again! In short, checking these apps feel like a vicious circle
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