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    TRANSCRIPT: You’re now at Stock to Watch as we go to break. Shares in the company Gap are, let’s see, down 4% in after hours trading. The company just announcing CEO Sonia Syngal is stepping down from her position from the company’s board. She’ll be replaced on an interim basis by current Executive Chairman Bob Martin.

    The company is also naming a CEO of the Old Navy division. Horacio Barbeito is joining WalMart where he now serves as president and CEO of Walmart Canada.

    Gap sales in the second quarter: Net sales down about high single-digit range, relatively in line with its prior expectations. Now sees Q2 adjusted operating margin percentage zero negative.

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    10 Top Money Saving Tips

    What are the best money saving tips? Many people have been asking themselves this important question for a couple of times without getting that perfect answer. The following are some of the great tips to save your money;

    1. Make your shopping budget: many people often ends up having a spendthrift spending due to lack of shopping list. Make sure whenever you shop, you have a shopping list that will guide you make an informed shopping decision.

    2. Watch less television advertisement: Many people often ends up spending their saving due to luring television advertisements about untrue amazing deals. This will help spend your money appropriately.

    3. Live within your means: Living a lifestyle that you cannot afford is huge hindrance to saving money. This is because you will end up spending everything you have for the sake of the given lifestyle.

    4. Limit the number of times you go out: Going out is the number one way that makes people to spend all their savings. Instead, you invite your friends to your place while preparing meals for them thus saving money.

    5. Reduce the amount of money on family or personal entertainment: Most people often spent as high as half their monthly income on family or personal entertainment. By reducing the amount of money you spend on entertainment, you will definitely increase your savings much faster.

    6. Avoid expensive habits such as alcohol, smoking etc. Majority of people often spent crazy amounts of money on these kinds of lifestyles and avoiding them will make you have remarkable savings. As a special tip, make sure you only spent on the necessities as opposed to the luxuries.

    7. Reduce excessive use of the credit cards: most people often accumulate huge debts through the credit cards. Reducing the usage of credit cards will help you reduce the amounts of credit that you will be ultimately obliged to pay instead of saving.

    8. Do second hand shopping: Through online shopping websites such as Craigslist, you can get equally useful and new materials instead of making new purchases. This will definitely help you save money that you could have spent when making new purchases.

    9. Take advantage of the shopping discounts and buy bulk; This is the best way of reducing cost at the same time saving money. In addition, you need to be keen the latest purchasing promotions that will enable you to enjoy the best deals in the market.

    10. Consult a financial expert on the best money saving tips: Depending on your financial status or the amount of money that you earn at the end of the month, you can approach a qualified expert for the best advice that fits your finances since different people often face different financial problems.

    In conclusion, the above 10 best money saving tips will not help solve your current financial challenges but also help come up the best strategies on how plan your future for a financial stability, freedom and prosperity. In addition, you will also avoid the fake deals of get rich fast that are offered in the market.

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    6 Great Ways to Invest Your Money

    It’s not enough anymore to just save your money. Keeping your savings in a bank or in cash actually devalues money as the yearly inflation rates rise. Here are some great ways to invest your money and prevent losing it in the long run:

    1. Time Deposit
    Banks give higher interest rates than the normal rates in savings accounts in exchange for the client not withdrawing their deposit for a fixed amount of time. Depending on the interest rate, you can actually earn money without doing anything.

    2. Mutual Funds
    A mutual fund is the pooling of investments from a lot of people. In general, money is given to a funds manager else for investing. You can win some or you can lose some. This is considerably less of a risk than the stock market, considering the ones doing the investing are professionals and have more experience.

    3. Stock Market
    The stock market involves a lot of studying about the market and its trends. The pay-off is great if you get the timing right. It’s a high-risk, high return business that can be profitable for people who are serious about learning the trading market.

    4. Real Estate
    If you have a lot of cash and a lot of time, real estate is a good way to invest. As a general rule, land value increases as time passes by and you can earn a lot without working a single muscle.

    5. Forex
    Foreign exchange can be a tricky business to deal with as it involves global markets. However, gearing up by learning the tricks of the trade will undoubtedly give great results to one who’s willing to learn.

    6. Gold and Silver
    If learning the market is too much of a chore, investing in physical gold and silver may be the way to go. Gold and silver are fairly stable investments in the long run but can be volatile for short periods.

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    Better Family Budgeting – Easy Tips and Tricks

    Having a bit of a hard time with the family budget? Well, don’t fret too much for there would always be ways through which you would be able to maximize what you have without sacrificing the necessities. Before we get to the tips,it is important to note that for a household budget to actually work you would need to be disciplined about your purchases and make sure that you stick to what you have planned out. This is also one of the major reasons why some people have successful household budgets whilst others are still struggling to put theirs into action. The keywords? Discipline and prioritize. Now on to the tips.

    1. Use cash. You may have heard of this numerous times before but very few people actually do it. Continuously using your credit card to pay for everything that you purchase makes you feel like you have an endless supply of money— up until the bills come. Only then will you realize that you cannot afford most of what you’ve bought and would have to deal with the consequences now. Using cash would help you avoid all of that. By paying with cash, you would be able to control your spending as well as properly gauge just how much you can afford to spend. It is one of the most effective ways that you can use if you want to stick to the budget. So lock away those credit cards and start carrying just enough cash for the day.

    2. D.I.Y. Doing things yourself is not only a creative endeavor but it would also help you save on a heap of cash. For example, instead of buying birthday, thank you and invitation cards, it would be much cheaper to just go and make these yourself. It would be more personal and the recipient would definitely appreciate it more given that you’ve put a lot of effort into creating it.

    3. Shop off-season. It’s summer and the mall is having a clearance sale on all their past season items. This is a great opportunity for you to get these items at a significantly lower cost when compared to the original price. But who needs winter jackets right now? Well, you might not need one at the moment but come winter again, you’ll definitely be able to use. What’s a few months of waiting when you can save a lot of money? So buy seasonal items during off-season periods.

    4. Take advantage of family packages, discounts and coupons. Going out for a meal with the family? Try going online and search for discounted packages or coupons. They might not pay for the entire meal itself but you’ll be able to take off as much as 40% off the price of your total order. Keep in mind that many restaurants offer such deals to attract clients. So take advantage of it. The same applies to traveling. Many travel agencies, hotels and resorts offer these kinds of discounts and packages so make sure you check those out as well.

    5. Turn the TV off. These days, people spend a good amount of their lives in front of the television. Not only is this unproductive, it also makes people lethargic. So if you and your family have a day off, do not spend it watching television. Instead, bond with each other through family activities. Bring out the board games, try your hand at crafting or go out to the park for a picnic (prepare the meal yourself, it is much cheaper!). There are plenty of things that you can do away from home. Not only will you be able to bond together, you’ll also be saving money on the electric bills while you’re away.

    So there you have it, just a few of the things that you can do in order to save a bit of money whilst making sure that you and your family are still able to enjoy a quality life.

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