Traveling can be quite expensive. First, a large proportion is spent on getting to your destination, either via plane, car, train, or whichever method of transportation you use. Second, daily activities and food and beverages might eat up a large proportion of your budget. Last, you will need a place to stay. Most people choose for a hotel, a hostel, a campsite, or similar. Especially for the more open-minded people among us, there is a cheap alternative to the so expensive lodging: it is called couchsurfing (www.couchsurfing.com).
Couchsurfing is not as much focussed …

This morning, as I was drinking my coffee and waking up slowly, I watched a report about a new type of scam which involves unauthorized bank transfers. Although the report mainly applies to the German banking system, this could also apply to other countries where law permits it.
Basically, fraudsters will generate a random bank account number, and they will try to transfer 1 cent to that account number. If the transfer bounces, it means that the account number is non-existent. However, if the transfer is accepted, fraudsters will know that …

The economic times we live in put many individuals under pressure; the recession, unemployment, more competition. But also inflation, and rising prices in general make the need to save more money where possible essential. Yet many people are literally throwing away their money, by using their homes or living environments very inefficiently.
There are, however, some very small things you can do in order to save money. In most cases, these may require a small investment at first, but they will be paid back quite soon considering the savings. Let’s get …

Without doubt, since the world’s first credit card, issued by Diners Club, credit cards have become an integral part of our lives. Some people swear to have only one credit card, whereas others are committed to having different credit cards for different purposes and needs. Nevertheless, using credit cards unwisely can potentially lead to great money losses, increasing debt, reduced credit rating, up to complete insolvency.
Credit cards exist with many different features and terms and conditions, but they have one thing in common: they will usually cost money in one …

I stumbled upon an article the other day, unfortunately I only quickly browsed the site and completely failed to write down the URL. Nevertheless, the article was an interesting one; it described how a woman from Latin America paid back her 25,000 USD loan within a couple of years, by taking on two jobs, letting her children live with her parents, and moving into a 100 USD per month apartment.
Although when I read the article, I felt great empathy and respect for the woman paying off a huge debt within …