With energy prices around the world rising out of control, the biggest worry for households this winter is paying the energy bills. In this article, we’re going to talk about how to make sure you’re not overpaying for energy, with 6 simple tricks to reduce your energy footprint, and save on energy. So let’s get started!  Know your Footprint
Food inflation is keeping Europe on its toes. Food prices in the EU have been rising and rising – faster than inflation in general. In October 2022, inflation reached a 40-year high of 10.7%, while food prices were up 15.4% compared to October 2021.  This is partly due to Russia’s war on Ukraine, which is driving up energy and
Cybersecurity and protection from phishing is a top priority at BudgetBakers. It’s crucial that you, our customers,  feel safe when using our apps. This includes, for one, the guaranteed confidentiality of your data, which we won’t pass on to third parties, either now or in the future.  For another, we want to educate you about cybersecurity and protect you
Digital nomads are people, sometimes self-employed but also possibly employed full or part time, who work mainly online, enabling them to explore the world while maintaining a regular income.  They come in all ages and occupations, but they are most typically found in knowledge work and creative professions that don’t require the worker to be physically present at an
“The burden is so heavy that even if you graduate, you may not have access to the middle-class life that the college degree once provided.” This statement is from President Joe Biden on August 25, 2022, the day of the release of one of the most important bills of his term: the Student Debt Relief Plan. A long-awaited bill
Good preparation, speed and a dose of luck. These are the three factors that financial expert Ricardo Tunnissen believes are critical to successfully buying and renting out an apartment. In his guest post for BudgetBakers, he shares how he became a first-time home buyer in Germany and how much money he makes renting out his apartment. Are you considering
Rents are soaring. Nationwide, they just topped $2,000 on average for the first time, up nearly $300 (11,6%) from a year ago. In some cities, such as Miami, Tampa and Austin, the increase was as high as nearly 50%. Economists and politicians have therefore declared a national rental housing crisis. Today’s price increases are having a significant impact on
You’ve probably heard that the world is in the midst of a global housing crisis. You may have noticed it yourself, if you’ve been in the market for a new home, or even just a rental. Houses are in short supply, while prices are sky high, and the cost of borrowing is through the roof. How many “it’s really
Your budget is suffering from ever increasing costs and you want to know how to save on rent? You’re not alone. Housing costs are the single largest expense for most Americans – especially since the beginning of the year.  In the first six months of 2022, the average US household spent 33.1% of its budget on rent. According to
Open any newspaper to read about how spending habits have changed over the past few years. They will tell you that spending on in-person retail, restaurants, and services were all down massively in 2020 and slow to recover since. Spending on movie streaming services, on the other hand, skyrocketed. One thing they probably won’t mention is one of the emerging
9.1% – That’s the current average inflation rate in the US as of June 2022. It indicates how much more expensive commodities are now, on average, compared with 12 months ago.  Energy and food prices in particular are rising rapidly. According to the Consumer Price Index, groceries account for 10.4 %, and energy for as much as 32.9 %
Recently economic news has dominated the popular media. We’ve talked in depth about inflation, and provided resources to help you learn more about it. Now talk has turned darkly to rumors of a recession. While this is a critical economic topic that everyone should understand, the media does a pretty poor job of educating the public on what a recession
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
4 hours and 49 minutes – that is how much time the average American spends watching TV per day. Live TV accounts for 2 hours 53 minutes, time-shifted TV for 34 minutes, and on-demand streaming for 1 hour 22 minutes. That’s according to a report from Nielsen, a global data measurement firm.  According to their findings, 82% of viewers
Earlier we posted a detailed explanation of what inflation is, what causes it, and what you can about it. Today we’re going to dive deeper into that topic with a review of 6 different sources explaining various aspects of inflation, from how it works, to what governments do to try and stop it from happening. Learn about inflation with BudgetBakers!

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