The latter part of January and the beginning of February are considered very stressful financially for many. Between the months of November and December we tend to make quite a few holiday purchases; whether it was buying gifts, paying for travel, or entertaining winter guests. Some of us have charged those expenses and are just now getting the credit card bills for them.
The current financial stress that tails us from last year can be remedied. I am declaring February as Fix the Funds February.
This month is a great opportunity to create an action plan to begin a financial recovery process. We will explore some practical ways to cut down spending. The money that is saved can be applied to credit card debit, other debts, or savings. Many other debt counselors would have advised you to put away your credit cards and to not use them for a while. However some of us did not accumulate credit card debt but instead spent tons a cash just the same. Part of any recovery is to first let the wounded area heal. You remember when you were a child and would get wounded, you kept picking at your scab? Your parents would tell you to stop picking the wound otherwise you were delaying the healing process. Each of the Fix the Funds February task will only last for one week. Yes, I could make each task a one month long challenge, but lets be honest lots of us have issues committing and this a great way to get started .
The first Fix the Funds February task is to not make any purchases. I am a huge fan of online shopping. I will admit that there are many nights I am shopping online while in bed from my smartphone. I have gotten really good of at putting lots of items in the cart or my wish-list and determining if any of them are an actually needed. I challenge you to not purchase anything that is not absolutely necessary this week. Continue reading “Fix the Funds February”
With shopping season upon us each of us are looking for ways in which we can pinch pennies before we scour the mall. There’s lots of things you can do right now that can save you lots of dough. You guys know that I always wanna talk about streamlining things in order to make life as comfortable, fun, and easy as possible. I know there are lots of readers that don’t start saving in January for late November and December shopping. I wanted to give a few last minute tips that can save you some dough so shopping season won’t be having you reaching for your credit card. Cash over credit eliminates January credit card bill stress, right? Ask yourself what services did you pay for that you could be doing yourself. This of course does not just apply for shopping season it applies all year long.
Continue reading “5 Quick Way to Save Money”
Every year I plan for things to be different. I think I am never going back to that place, only to go to another place to have the same over-priced experience. If you are like me, when it comes to buying car tires you want quality at a great price. My expectation is to purchase the tires and not to be hit with 3 more additional fees. I have a few tips that can save you a pretty penny.
- Research which tires are best for your car– The factory tires are not necessarily the only option for your car. Each of us live in various conditions and use our vehicles for various things. Snow tires are not needed where I live because it only snows once every few years for 10 minutes. If you are doing routine things like driving to and from events and never loading or hauling anything, then you would not need tires that were made for heavy load capacities. Lastly, unless you drive for Nascar you likely will not need tires for higher speed ratings. There is no sense paying extra for a tire that is made to exceed 140 miles per hour when the fastest you drive is only 70 miles per hour.
- Comparison Shop- If you have membership to wholesale retailers such as Sam’s Warehouse and Costco, then you definitely want to start there. For well-known tire retailer like NTB and Discount tire search online for coupons and promotions. They likely even have a promotion in your local Sunday paper. Lastly Shop online, since you know your tire size and needs try online retailers like Amazon. It has been my personal experience that you can get a very competitive price from Amazon. In addition to a great price depending on the area Amazon also has and installation service that you can pay for that will come to your home to do the install. The installation service in not necessarily a money saver but it is a great time saver for sure! There are lots of lesser known online retailers like onlinetires.com, tirerack.com & tire easy.com that are also have very competitive pricing.
- Purchase and Installation can be separate– Much like my post about how to save on eye glasses, your new tires can be purchased at one place and installed at another. There are lots of little mom and pop tire shops that will install and balance the tires at a nominal fee. Smaller tires shops tend to be able to give a better rate for tire installation because they control what they want to charge for labor. On the other-hand a smaller shop will not likely be able to give you a great deal on four new tires. Please read my post called The Money Saving Secrets Businesses are Not Going to Tell you, to see how to get the best deal.
Continue reading “3 Ways to Save on New Tires”
Before your know it summer time will be upon us. With summer time comes running the air conditioner which means elevated electricity bills. With a little preparation this summer can cost you less electricity-wise than last summer. First would be to contact your electricity company to see if they have programs that may balance your billing for the summer months. Lots of electricity companies give a balanced billing rate if you enroll before summer officially starts. During the winter you may have noticed a few cold drafts in your home, whether they were near windows or door those drafts are also locations where heat will have the opportunity to enter your home. Now is the time to make sure proper weather stripping is in place. If you have rooms that will not have lots of activity you may also want to look into insulated curtains. Just as you want to keep the heat out of your home, you also want to keep the air conditioning in. If you use timers on various items such as lighting be sure to adjust them. Lights do not need to come on as early in the summer since we have more hours of daylight. If you are not using timers I highly recommend them, they are a great way to have items run for a limited amount of time rather than all day. No matter the time of year if you can replace your older appliances with energy efficient one, you will see the pay off in the long run. What’s you summer saving tip? We wanna hear from you. Happy Savings!! Happy Health!!
None eyeglass wearers may be clueless of how much a pair of glasses can cost. The rest of us that either wear glasses or purchase them for family members know how expensive glasses can become. For many, new glasses are purchased every other year, and others may wait even longer to delay the expense. Whether… Continue reading Money Saving Monday: Don’t Break the Bank on Eye Glasses
I have spoken to numerous people that talk about wanting their money to go further. I noticed there is a general pattern. Although they may not be tight on funds they are seeing their money disappear at alarming rates. Even after doing a list of monthly bills, there are unaccounted for funds. After further inspection… Continue reading Don’t Eat Yourself Into Debt
I know there are a lot of us that are brand junkies. I will admit there are some things that I do not compromise on. My cornflakes have to be Kellogg’s brand, but for the most part I try to be pretty flexible. Being brand loyal can become very costly. There are lots of manufacturers… Continue reading Money Saving Monday: Don’t be Brand Loyal