Welcome back for more excellent financial info that you can use in your daily life. Today were presenting a blog chock full of tips for setting your financial priorities and to help you with your budget, be it a family budget or a single mom budget. (You do have the budget, don’t you?) Over the next few days were going to have several more blogs about similar subjects so of course make sure to come back but for right now sit back, open your mind to new ideas and take some notes if you’re so inclined.… Read the rest
If you’re like most homeowners you probably spend about 30% of your net income on your mortgage. That’s normal but bit still is a large chunk of your earnings and, if it can be lowered, why not lower it? With that in mind we have an excellent list of the best ways to save on your mortgage this year so take a look and, if you see something that may help, by all means please use it and save some money. Enjoy!
Use your tax refund to make a bigger payment on your mortgage or use the extra money from a windfall to do the same. … Read the rest
The average American spends nearly $4000.00 a year on groceries making it one of the biggest expenditures after mortgages and energy bills. Is it any wonder then that most people are constantly searching for new and better ways to save money when they go grocery shopping? Apps to track coupons, coupons themselves, in-store savings and frequent shopper discounts are great, don’t get us wrong, but there are several accepted ideas out there that, while they sound good, might not be saving you as much as you think on your weekly grocery bill.
With that in mid we out together a list of some of the worst grocery ‘tips’ that are out there so that, if you really are keen on saving money next time you shop, you concentrate on the things that help and leave behind the things that don’t. … Read the rest
Welcome back for Part 2. We have a lot of ground to cover so let’s get right to it!
In Part 1 we talked about setting up your categories and then figuring out your budget amounts. Now we’re going to talk about recording all of your expenses, setting your spending goals and how to make adjustments to your budget when necessary.
Step 3) Recording all of your expenses. This is the relatively easy part. Over the next month you need to make a note of every single expense that you have, especially the cash expenses. The best thing to do is either have an App that can record them for you or go old-school and use a small notebook to jot them down.… Read the rest
If you don’t have a budget it’s extremely difficult to know where you stand financially, to say the least. There are some people however who have set up budgets, which is excellent, but don’t use them as well as they could, which is less excellent. With that in mind we’ve put together a 2 Part series on creating a budget that you can work with.
By the way, the first part of working with any budget is to remember that it’s simply a tool to make you aware of where you spend your money and a guide that helps you to spend only on the things that matter most to you. … Read the rest