Welcome to the Savixy finance blog where financial empowerment meets inspiration, brought to you by Alana Kane. Here at Savixy, we believe that attaining financial freedom is within everyone’s reach, and with the right knowledge and mindset, you can unlock your full potential. Whether you are looking to master personal finance, explore investment strategies, or cultivate a budget that aligns with your dreams, our resources are designed to motivate and uplift you as you navigate your financial journey. Join us as we share valuable insights and transformative ideas to help you take charge of your finances and achieve the wealth you deserve, because your success starts today.
25 December 2024
Passive Income and How It Affects Your Tax Liabilities
Who wouldn’t want to earn money while sipping coffee on the couch or lying on a beach somewhere tropical? Passive income is the holy grail of financial freedom—a way to grow wealth without...
22 December 2024
How to Save for a Big Purchase with Monthly Savings Challenges
Saving up for a big purchase can often feel like climbing a mountain. You look up and think, `How am I ever going to get there?` But, here`s the good news: you don’t have to tackle the entire...
19 December 2024
The Long-term Economic Consequences of Deflation
Deflation. It’s one of those economic terms that sounds harmless—after all, who doesn’t love cheaper goods and services? But hang on a second. What if I told you that a persistent drop in...
16 December 2024
Why Gold Surges During Stock Market Crashes
Have you ever noticed that when the stock market takes a nosedive, everyone seems to flock to gold? It`s like clockwork. But why does this shiny metal suddenly become the star of the show when...
13 December 2024
Debt Consolidation vs. Refinancing: What’s the Difference?
When it comes to managing debt or finding ways to lower your monthly payments, you’ve probably come across two popular terms: debt consolidation and refinancing . While they sound pretty...
10 December 2024
Strategies to Protect Your Savings from Inflation
Let’s talk about a lurking threat that quietly gnaws away at your hard-earned savings— inflation . You might have heard about it in the news or glanced at it in financial reports, but what...
7 December 2024
Green Home Improvements: A Tax Deduction Opportunity
Let’s face it—saving money on taxes is like finding a $20 bill in your winter coat. It’s unexpected, delightful, and feels like a mini jackpot. But did you know that making your home more eco...
4 December 2024
Anticipating Economic Downturns with Forward-Looking Risk Management
Are you ready for the curveballs the economy throws our way? If not, don’t worry—you’re not alone. Predicting economic downturns is a bit like trying to predict the weather weeks in advance....
1 December 2024
Breaking the Cycle of Debt on Your Journey to Financial Independence
Debt is like a shadow that looms over so many of us. It follows you everywhere you go, casting its weight over your financial freedom. But here`s the good news—it doesn`t have to be permanent....