A Personal finance blog for saving money and earning more and thus having a better life
Can you remember back to when you were younger and you were just dying to grow up before your time? You wanted to stay out late with friends, you wished you had your car and own money, and most of all, you wanted to move out of your parents’ house.
Now that you’re an adult and have all of the grown-up responsibilities, you now wish that you could go back to the times where you had the luxuries of being a kid.
According to Creditdonkey, an individual spends an average of $250 per month on groceries while a household of four spends on average of $712 to $1106 per month. Food is one of the bigger expenses every individual incurs with the biggest being housing and transportation.
If you are looking to save money on groceries to free up extra cash for other means then check out my 5 grocery shopping tips!
Recently, I almost bought a shower panel from Amazon, that required two separate water connections, one for the normal water and the other for hot water. But our bathroom has only one nozzle, the water connections were inside the drywall. I only got the information as I have a habit of reading a few bad reviews (1/2 star rated reviews) of a product before buying it.
Had I gotten that I’d have spent $300, after reading the reviews, I bought a $40 shower head instead. The internet not only allows you to find products fast and conveniently but also to save money when you are shopping. With a little bit of internet research, you can spend less than usual on your shopping.
Saving money when your bills seem to pile up faster than ever is definitely a tricky situation. Yet there is a solution to everything and this article is here to open some doors for you. Cutting costs without actually reducing your quality of life is a task that requires some research. We will talk about some easy low-hanging fruits that can be plucked while not sacrificing your lifestyle.
Average American household Spending
Your financial freedom is somehow limited by the essentials you need to pay for at the end of each month – taxes, utility bills, transportation costs, housing and so on. Around half of your salary will go on these expenses, so you need to learn how to cut them to a minimum.
Every day we purchase many things which come in either bottles or containers. Many of us throw away these containers or bottles after using them only once. We see these used bottles and containers as a waste. But if you think practically they are not.
Photo Courtesy http://homeguides.sfgate.com
At one point or the other, there comes a time in a home when you need to cut your costs. It could be due to; general tough economic times, the need to finance college education for your kids, losing a job, the need to top up some investment money and many more reasons. In such cases, the family looks at the list of expenditure and decides the ones to be reduced and the ones to be struck off the list.
To save money at home, you can; file your taxes instead of hiring a tax filing consultancy, cleaning your house instead of contracting a cleaning company, cutting your grass and doing home maintenance such as painting on your own.
When choosing a moving company, it is best to check their reputation first. Hiring a moving company with a great reputation will save you money and time.
How do you choose whom to trust with your worldly belongings?
Asking the right questions will help you to uncover a wealth of knowledge that you would otherwise not know about. Here are some questions that you need to ask movers before hiring them:
Opportunities for Saving money is everywhere. Whenever you pay for a good or service, the is an opportunity to save. Using coupons, discounts, bargaining, deferring buying decision, etc. can be used almost every time you pay. But saving money when there’s little or no possibility can be sometimes taxing for people around you.They may not like the idea of you bargaining everywhere you go out for shopping or asking for discounts. also saving money works best when you do budget for some fun.
While having fun while you save, it’s perhaps wise to think about putting your best effort towards the spending category that can result in maximum sales. Trying to save money on your coffee may not bring the best result as saving money on gas. Analyze your spending history. I always recommend people to use Personal Capital tool to analyze spending, it is a free tool and it makes your personal finance easy to manage. Once you know where you spend your money most on, it’s easier to target that area.
I think my readers love to hear voices from other bloggers. So often I let them present their content on my blog. Today it was jack’s turn. jack is another personal finance blogger who writes informative stories. In this post he talks about small changes that can cut down your expenses every month. Notice, they are all very doable and effective at the same time. Enjoy the post!
Believe me, it’s not difficult to stop going on a shopping spree once in a blue moon but that’s not enough to trim your expenses or cut loose with unnecessary spending. You know it well that recurring expenses drag us into debts. Majority of us have a tendency to ignore monthly expenses because we have been trained to overlook all those same lines month in and month out. But truly speaking, it is that particular area where you need to look into. Here is where you can eliminate some expenses and thereby saving a tidy sum much to your surprise. Follow the rest of the write-up to know how to do it right.
I have written about spending money on self-improvements, I also spoke about Gym membership and how useless they are. I have seen people who don’t go to the gym but always keep fit. I also know people who go to a gym regularly but still obese. Also, there are fit and muscular friends I have who go to the gym regularly. If gym happens to work in your case, then this guest post is for you. Enjoy the post and save some money!
We all know that joining the gym can be an eye-watering (and sweating) expensive exercise (no pun intended!) but if you know what you’re doing there are a number of ways to save money on your gym membership.
