Welcome to My Saving Place where you will find an abundance of tips, tricks and good advice on how to save money on just about everything.
The Saving Lady
Are you one of those people that try and try to save money but simply can’t manage to do it? Or is your budget so tight that you can’t squeeze another nickel out of it to put into a piggy bank? Or maybe you just are not the budgeting type. Here are three apps that will help you save no matter what your excuse is for not being able to pinch pennies.
If you think Wall Street is the domain of big-money and you can’t even imagine being able to buy one share of Google, you’re in for a big surprise. The Acorns app is bringing investing in the stock market to a new generation that is still trying to figure out how to pay for astronomical college loans with a few pockets of loose change as their only savings. Long term, there is no better way than stocks to grow your money without having to have thousand and thousands to invest. Available to iPhone or Android.
For those whose only savings is a pocket full of change, the Digit app is for you. This one is a no-brainer. You need only connect Digit to your checking account, and based on a complicated algorithm, it will calculate how much money you won’t miss from your spending and deposit it into a savings account for you. How much easier can saving get?
The Wally app is designed to help you take control of your money. You don’t need a clear-cut budget, just some idea of how much you spend in different categories. It may open your eyes to spending habits that you had no idea existed. In addition, it keeps track of your receipts — very handy when you want to return something but don’t know what you did with the receipt.
No matter where you turned this past week, everyone was talking about cutting the cable TV cord to save money and get only the programs that you want to watch. With everybody and their brother seemingly offering streaming TV services, the idea certainly sounds good — but is it?
If you don’t watch a lot of TV, and you derive most of your entertainment from a laptop, tablet and/or smart phone, the idea probably has a lot of merit and could save you money if you can hook up to wi-fi most of the time. Unless you have an mobile account with unlimited data, that data can get eaten up really fast.
But if you’re like most people that watch a combination of local, national and cable channels, the savings may not be that great, if any, and the inconvenience could be almost intolerable.
Spring is just around the corner, and in many parts of the country, it is also in the air. Trees are all abloom. Daffodils bob their heads in the warming breezes. It is the time of new beginnings. This may include the start of a regular savings plan, a new approach to saving, or the reorganization of an existing budget.
Following is a round-up of strategies no matter what stage of saving you’re in.
If you think it’s impossible to save money when you’re only making minimum wage, think again. Here are 9 ways low-income earners can save money.
Before you can start saving money, you need to make money. Discover the secrets to making and saving money from 13 finance experts.
Maybe you need a whole new approach to saving and reaching your goals. Saving money can be a drag or it can be exhilerating if you make a game out of it. Thousands are being helped by SaveUp.com — a new and fun approach to reducing debt and saving.
You made a budget at the beginning of the year, but it’s not working anymore and your savings plan is in disarray. Life isn’t fluid. Things change, and you may need to change in order to keep up. Don’t fret. You may simply need to rework your budget.
Whatever you do, don’t stop saving.
There are some household cleaning products that no household should ever be without. They are indispensable time and money savers. These products are not for those big jobs like cleaning rugs, vacuuming, washing walls, etc. These are for jobs that typcally call for professionals.
It’s not often that a product comes along that stands out from the rest. It’s also more unlikely that the product made its way to market through mail order. One of the best kept secrets for saving money on carpet cleaning, upholstery cleaning, dry cleaning, and a whole lot more is White Wizard Spot Remover and All Purpose Cleaner. This product has been around for more than a few years. It removes the most stubborn of stains on carpet, furniture, clothing. It’s odorless, non-toxic and biodegradable.
If you add up what you could spend on cleaning or worse, having to trash something because you couldn’t get a spot/stain out, White Wizard will save you many more dollars than its price.
Another must-have household cleaner is Krud Kutter, a remarkable cleaner and degreaser that tackles some of the toughest cleaning jobs like crayon marks on walls, BBQ grills, dried latex paint, tile and grout, among others. This product, too, is non-toxic and biodegradable.
With both of these products, you will save time and money by being able to tackle those tough cleaning jobs that used to take the expertise of a professional.
Why is it Americans are so averse to bargaining? Buying a car is perhaps the most stressful thing most people go through because they feel it is necessary to bargain. Foreigners love to see Americans coming. They know we hate to bargain, and therefore know we can be taken advantage of.
How much money could you save if you were that mother bargaining for fresh fruit in an open-air market in Mexico City, or the Italian father trying to get a better price on his son’s bicycle? Who knows until you try.
If you’ve ever gone shopping for clothes and found just what you were looking for but it happened to have a spot on it, did you ask for a discount because you would have to have the garment cleaned. You may have received a $5 or $10 discount.
Have you ever shopped for a new washing machine and found the one you wanted only to be told that the floor model was the only one in stock? And did you say that you’d take the floor model if it were discounted due to the fact that it wasn’t in out-of-the-box condition? The machine probably works just as well as a brand new one, but the discount could be $100 or more because it doesn’t come in a box.
Do you have a skill that you can bargain or trade for goods or services? Child care, house cleaning, dentistry, medical, legal, plumbing, electrical??? All of these are services that can be traded for ???
And the only thing you have to do is simply ASK. If the answer is, “No,” you’ve lost nothing. But if the answer is, “Yes,” then you’ve just save yourself some money. How much you save will certainly depend on how many times you put yourself into a position to ask.
We all know how to communicate through social media like Twitter, FaceBook and other social media, but did you know that they can also help you save money?
You might think that just because you signed up for your favorite companys’ emails, you’ll get in on all their special offers. You’d be wrong. By “liking” them on FaceBook and following them on Twitter, you’ll find more deals that they don’t offer anywhere else, even in their emails.
Discover 9 more ways social media can save you a chunk of change from journalist, Paula Pant.
By now, many of you have already filed your income tax return. Most will file electronically, which is the IRS preferred method. The rest will labor through the paper forms that is becoming burdensome even for the IRS, or worse yet, pay a few hundred dollars to have someone do it for you. If you are one of the remaining few that still files the old paper forms, there are a few good reasons to switch to electronic filing.
First of all, e-filing saves you money. Chances are you are paying someone else to either file, i.e. a CPA, or help you fill out the forms, i.e. a friend or relative. In that over 50 million taxpayers file a simple form 1040A or 1040EZ, there is no reason to shell out hundreds of dollars to have someone else do it for you. Filing online could easily cost you nothing.
Second, e-filing saves time. You need not take of time from work. This is something that can be done in the evening or on weekends in your pajamas.
Third, e-filing is much more accurate. By using free tax service software authorized by the IRS from TurboTax, H&R Block, TaxACT, etc., your chances of making a filing error, especially a misplaced digit in your social security number (the number one mistake), are significantly decreased if not erased all together.
Fourth, e-filing is the fastest way to get your refund. With a direct deposit into your bank account, you could have your refund in as little as 21 days compared to over eight weeks if you file paper forms.
For those who get paid twice a month, this won’t apply. For those who get paid every other week, however, this is a way to really sock away a chunk of change. Depending on what day of the week you get paid, there will usually be four months during the year that you will get a paycheck 3 times in the same month. Since most of us base our budgets on a monthly income, this means that in those 4 months you will be flush with money. After all, if you made it through all the other months on only two paychecks, it stands to reason you can make it through the other four with the same amount. Stash the third paycheck away and at the end of the year you should have a fully funded emergency fund.
For those to whom this doesn’t apply, try this. If you still use checks to pay for groceries, sundries and the like, round up each purchase to the nearest $5 or $10. For example, if the total comes to $53.45, make the check out for $55 or $60. Take the change and, instead of putting it in your wallet, take it home and drop it in a cookie jar or whatever you are using to collect loose change. You probably won’t end up with thousands, but you’ll be amazed at just how much will accumulate in a year’s time. You can do the same with a debit card, except ask for $5.00 or $10.00 cash back. Take that money home and store it in a cookie jar, shoe box or a plastic bag and put it in the freezer. Whatever you do, don’t spend it. You’ll be surprised how much it will mount up to at the end of the year.