Friday, July 25 2014 6:43 PM EDT2014-07-25 22:43:41 GMT
William Carino has always been careful with his money. He takes advantage of Pell grants that help fund his political science degree. He started college at John Tyler then transferred to VCU. "I barelyMore >>
We're on your side, with a way to save money on college courses and in some cases, you can do it, by actually skipping some classes.More >>
Friday, July 18 2014 6:01 PM EDT2014-07-18 22:01:07 GMT
Two decades ago, it was Air Jordans that had a whole generation believing, "It's gotta be the shoes." Today, LeBron James makes millions off shoes, too. It's still all about the shoes, and it turns outMore >>
Today, LeBron James makes millions off shoes, too.More >>
Friday, July 18 2014 2:52 PM EDT2014-07-18 18:52:23 GMT
Eye level placement, slow music and "10 for $10" deals are just some of the gimmicks grocery stores have used for years trying to get you to buy more. VCU marketing professor Dr. Thomas Myers said,More >>
Eye level placement, slow music and "10 for $10" deals are just some of the gimmicks grocery stores have used for years trying to get you to buy more. More >>
Thursday, July 10 2014 6:15 PM EDT2014-07-10 22:15:02 GMT
A Richmond company helps save the newly insured time, money and headaches. For those who've never purchased a health insurance policy, the process can be confusing and downright expensive and the AffordableMore >>
A Richmond company helps save the newly insured time, money and headaches.More >>
Friday, June 13 2014 5:45 PM EDT2014-06-13 21:45:13 GMT
Before you head to the store to buy supplies for spring cleaning...check your pantry. "If you look in your favorite store... furniture polish runs between $4.00 and $4.50 and we put this furniture polishMore >>
New ways to clean your house, without cleaning out your bank account. Last spring, our Diva of Discounts showed you how to create your own cleaning supplies using everyday products you already have. She's back with brand new ideas.More >>
RICHMOND, VA (WWBT) -
More than a third of Americans don't have a plan when it comes to saving money, according to an internet survey.
When it comes to saving money, next month...or maybe the month after that...may seem like a better time to start. But financial advisors will tell you, why not kick off 2014 with a little more money in the bank?
Here's one easy way. Save one dollar the first week, two dollars the second week... and by the time you hit 52 weeks, you're at almost $1,400.
"If you're not a saver, this is a great, gimmicky way to remember to save," said financial advisor Steve Overton.
Gimmicks aside... How much should you be saving?
"Half a week's pay per month is a great place to start," said Overton. "If you're making $500 a week, and you can save $250 a month, that's a great way to save - but there's no silver bullet or one size fits all with saving. Everyone's situation is different."
Another idea - as soon as you get your check from work, turn it into cash. Then label envelopes with categories like food, bills, entertainment. Put the cash in those envelopes and don't spend more than you've allotted.
"When you wake up in the morning, you have some savings," said Overton. "That's a far better deal than going, 'How am I going to pay this bill at the end of the month?' You choose how to live. If you save, it'll change your life."
One warning though: if you have a lot of credit card debt or anything that adds interest to your payments, Overton recommends paying that off before you start saving.
You can get a handle on your finances by using free websites like mint.com. Mint offers a free app as well. The site organizes your spending so you see where every dime is going.
Saturday, July 26 2014 2:09 PM EDT2014-07-26 18:09:07 GMT
A mysterious 'Woman in Black' has been spotted around the Tri-State in recent days, causing social media to erupt with questions about her identity. According to WATE in Tennessee, the Sullivan CountyMore >>
A mysterious 'Woman in Black' has been spotted around the Tri-State in recent days, causing social media to erupt with questions about her identity.More >>
Monday, July 28 2014 7:11 AM EDT2014-07-28 11:11:00 GMT
It's no exaggeration to say history is about to unfold tomorrow in Downtown Richmond. Former Gov. Bob McDonnell and his wife Maureen are going on trial, battling corruption charges and battling to saveMore >>
It's no exaggeration to say history is about to unfold Monday in Downtown Richmond. Former Gov. Bob McDonnell and his wife Maureen are going on trial, battling corruption charges and battling to saveMore >>
Monday, July 28 2014 4:25 PM EDT2014-07-28 20:25:29 GMT
Chesterfield Police are looking for the man who they said ran from officers Sunday night. The chase started about 8 p.m. Sunday night along James Street near Virginia State University. Officers saidMore >>
Chesterfield Police are looking for the man who they said ran from officers Sunday night. More >>
Monday, July 28 2014 1:00 AM EDT2014-07-28 05:00:55 GMT
Copyright 2014 WWBT NBC12. All rights reserved.More >>
Sara Bruehl, 18, was killed after a stranger shot her in the head, while she was driving, 15 years ago this summer. Sara's mother is using every avenue, including social media, to hunt down her daughter's killer.More >>