The Olympics spectacle can light up smiles, but the costs involved can make jaws drop.
At $40 billion, China’s 2008 Olympics in Beijing is believed to be the most expensive Olympics in history. The price tag for the 2014 Olympics in Sochi, Russia, is expected to top that. Originally, costs for Sochi were estimated at $12 billion. According to NBC News, the tab is now forecasted to reach $50 billion.
Talk about going for the gold!
Staging and delivering the Olympics may be a costly endeavor for host cities, but additional revenue is brought in from tourism surrounding the event. Here are some interesting facts about money outlays related to the Games:
Large families are a blessing. They can also be challenging when it comes to shopping for birthday presents. Most families try to live within a budget, so buying an expensive gift for each child’s birthday simply isn’t feasible. Fortunately, it is possible to give a child something he or she will love without breaking the bank. Here are some tips for finding affordable birthday gifts:
As a parent, you never know when unexpected expenses will arise. It’s normal to experience financial hurdles from time to time, but getting back on track can be a struggle. Sometimes, all it takes is a little planning. Here are a few ways that your family can do so:
The cost of living continues to rise and incomes can’t seem to keep up. Raising a family on a budget is no easy feat, so it makes sense to cut corners wherever possible. For example, there are ways you can slash your utility expenses each month. You’ll be doing your part to help preserve the environment while putting a little extra cash in your pocket by following these tips:
The holidays are high season for generosity and goodwill. We donate to toy drives, volunteer at soup kitchens, and find reasons to smile at strangers.
Yet consumerism also takes hold at this time of year. Mom wants spa services and “bling,” dad wants the latest tech toy, and the kids want everything under the sun. Spending takes priority over saving and living within one’s budget, and we brace for a blizzard of bills in the new year.