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Saving Money

How To Save Money On The Important Stuff

Saving money is challenging. And sometimes it feels like a daunting task that is constantly hanging over your head. But, saving money doesn’t have to be a challenge. I am here to teach you how to save money without giving up the things you love. Saving money can be easy, you just have to know where to start and how to go about it. If you are looking to save money, use these tips for simple tasks that will help you save big. My first tip to help save money is prioritizing your purchases. Everyone has things that they want, but that doesn’t mean you can or should get all of them. Saving money is an act of balance between what you should and shouldn’t purchase. To master this, I recommend creating a list of things you want and need, then prioritizing them based on importance, desire or relevance. The result of this is a list of everything you want and when you should buy it. The list is a realistic resource of what you should be buying. Whenever you are shopping, it helps you guide your purchases which will result in you not over spending. Additionally, the list will ...

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5 Tools That Will Motivate You to Save More

5 Tools That Will Motivate You to Save More

Today we have a guest post for you from fellow blogger, Anum Yoon. Enjoy! There are tons of online tools and apps available to make all aspects of your life easier. With that the case, why is it still so hard to save money? It takes discipline to effectively save money, but let’s face it — not everyone is up for the challenge without a bit of prodding. Luckily, there are plenty of tools available that can help motivate you to save more money. Here are five. Level Money Level Money describes itself as a “financial GPS” app because it helps you navigate your financial situation, so you spend smartly. The app helps you plan ahead by accounting for regular essentials such as rent and other bills, as well as a goal for savings. It calls the money that’s left over your “spendable,” which is the cash you have on hand that you can spend comfortably without cutting into any of your essential piles. The app tracks and visualizes a variety of spending types to give you an idea where your money is going. If the bar on your “eating out” tracker is too big, you know it’s probably time ...

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What to Do When Your Income Decreases

What to Do When Your Income Decreases

Have you ever experienced a sudden decrease in income? Perhaps your company went out of business without warning. Or, maybe you had an accident and had to take a temporary leave of absence with no short term disability pay. Of course, you may have planned to leave your job for a better opportunity to make even more in the long run. The facts are there can be a lot of reasons people experience a change in their income. But whether or not it is planned, a decrease in your income can wreak havoc on your budget and your finances. But what should you do when your income decreases? Here are some steps to take to make sure you income decrease doesn’t harm your finances too much. 1. Take Stock Even if the decrease in your income is planned, you will need to evaluate your finances to get a starting point. How do you know what steps to take or where you are headed if you don’t know where you are starting from? Determine what your outstanding debt is. Make a list or spreadsheet of all of your necessary bills including rent or mortgage, auto loan payments, food, utilities and any ...

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5 Ways Freezer Meals Can Save Your Butt and Your Budget

5 Ways Freezer Meals Can Save Your Butt and Your Budget

I haven’t always made freezer meals. Back in the day, I used to eat out whenever I was in a rush for a meal, and I didn’t always make the most nutritious choices. I had a full time job and helped with my family’s farm which kept me busy even though I’m single. But when I began freelancing a few years ago I became even busier. As my side hustle grew the amount of time I had available for cooking diminished to almost nothing. Out of necessity, I began planning meals ahead and making freezer meals about once a month. Using either my crock pot or oven, I was able to cook meals and work at the same time. Making freezer meals really saved my butt. Here are 5 ways freezer meals can save your butt and your budget too. 1. Use What is on Hand One of the ways freezer meals can save your budget is by helping you use what you already have on hand. Take inventory and make a list of the items and their quantities in your pantry, cabinets and freezer. Next, pull out your favorite crock pot recipes or look some up on Pinterest or ...

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Should You Move to Lower Your Cost of Living?

Should You Move to Lower Your Cost of Living?

When money gets tight, you are probably like most people. You may start looking for ways to cut your costs and stretch the income you have available in order to make ends meet.  But how far are you willing to go in order to pay for everything? If you find yourself in the situation where you have more month than money on a regular basis, you might be thinking about ways you can lower your cost of living each month. One way to do this is by moving to a lower cost of living area. But, should you move to lower your cost of living? Here are some things to consider first. 1. Job Loss Losing your job and income is one of the major reasons many people move, but moving may also help you lower your cost of living. It can give you the chance to start over and may be just what you need to bolster your spirits and get you going. Don’t do it on a whim, though, because there could be a few drawbacks too. For example you could be leaving behind extended family and friends you have known all your life. You may also be ...

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