Home > Tag Archives: saving money (page 2)

Tag Archives: saving money

Save on Groceries: Stop Buying These 9 Items

save on groceries

Saving money is on the minds of quite a few people these days, and cutting back on your grocery bill is one way you may be able to tighten your budget a little. Personally, groceries is one area of my budget that tends to be a slippery slope, so I try to go back and review my grocery budget and purchases every few months to make sure I stay on track. Sure, food is a necessity and buying groceries is a lot cheaper than eating out, but that doesn’t mean you can buy groceries all willy-nilly because they are a “need” and not a “want”. There are some items at the grocery store that are definitely not a need. Pay attention to what you put in your cart before you pay so you save on groceries. In fact, if you want to save the most money, stop buying these 9 items as part of your regular grocery shopping. 1 Alcohol Cut back your alcohol consumption or eliminate it altogether to save money in your budget each month. If you must purchase alcohol, don’t buy it at a grocery store. It’s usually higher there than at a Sam’s, Costco, or another warehouse ...

Read More »

5 Easy Ways to Save on Family Pictures

Time feels like it passes all too quickly. I’ve heard this happens even more when you have young children at home. Several of my friends have kids, and they tell me that all it seems to take is the blink of their eyes to find out their kids have gone from being babies to toddlers to starting school. If you don’t take pictures of them along the way, you’ll regret it as you don’t have the opportunity to go back and do it later. So whenever possible, you should grab a camera or your phone and snap away. Another great way to capture the moment is to have family pictures taken. But that can cost quite a bit if you hire it done and order prints to give to family and friends or hang in your home or at work. It’s sad, but the cost of family pictures can deter some families from having them done a regular basis. If you don’t want to miss these family photo opportunities, but you don’t want to go broke either, here are some ways you can save on family pictures. 1 DIY Doing things yourself has become very popular these days, so why not ...

Read More »

3 Reasons I’m Trying to be More of a Minimalist

A few months ago, Kim told you about how she finally came to the realization that she’s always had too many clothes. Like her, I have been realizing more and more lately that not only do I have too many clothes, I just have way too much “stuff” in general. “Stuff” has always been a bit of struggle for me and honestly, I think it’s a struggle for most Americans, even if they don’t always realize it. Last night I was looking for something to watch on Netflix while I ate my supper and relaxed before bed. I’m kind of a closet reality TV junkie, especially when it comes to shows from HGTV. I don’t really like the trashy stuff like “Keeping up with the Kardashians” but now that my secret’s out, I’ll admit that if I have the time (which is rare these days thanks to self-employment) I can sit down and watch an entire season of “Love it or List it” or some other HGTV “reality” show. Of course I know that most of these shows aren’t really 100% reality. I’m not crazy after all. 🙂 But I still enjoy them. I thought I’d exhausted the entire list ...

Read More »

How to Fully Fund an IRA When You Have No Extra Money

saving for retirement

Everyone knows how important it is to save for the future but sadly, about half of families in the U.S. have nothing set aside for retirement. Whether it’s lack of access to an employer sponsored retirement plan, stagnant wages, or the lure of instant gratification that makes paychecks disappear, it’s clear that Americans are not saving enough. No one can make companies offer 401(k) plans, and it isn’t always possible to control what a job pays, but there are other ways to fund retirement, even when you seem to have no extra money. Set up an IRA If you’re job does not offer a retirement plan, it’s very easy to set up an IRA. I personally like Betterment for beginners because you won’t have to choose funds or rebalance, but there are many low cost brokerages that will allow you to open an account with no minimum. For 2016, IRA contribution limits are $5,500 with an extra $1,000 catch up contribution allowed if you are over age 50. A Roth IRA offers no tax benefits upfront, but any money deposited can grow and be withdrawn tax free after age 59 and a half. Singles earning less than $117,000 and married ...

Read More »

Tricks for Saving Money

saving money while gas is cheap

For years, we had the hardest time saving money. Although there was money coming in, it made the briefest of stops in our checking account and was out the door before we could even register a bump in the account balance. We used debt, busy lifestyles, and the Joneses as excuses and figured it was normal to be living paycheck to paycheck. After deciding to dig in and finally get out of debt, we also learned a few tricks for saving money along the way. Gas is On Sale, Save Up! Perhaps one of the best tricks for saving money right now is based on oil and gas prices being lower than they were two decades ago. Unfortunately, most people will end up spending any money saved at the pump. I have no problem with taking a cheap road trip to cash in on savings, but don’t waste extra dollars on eating out or even worse, buying a brand new gas guzzler just because you can. If I have learned anything during the years since obtaining a driver’s license, it’s that gas prices fluctuate. Everyone loves cheap gas. Then, once prices rise, out come the articles and testimonials about how ...

Read More »