Ah summer, you can hear the birds chirping, the bees buzzing, fresh cut grass, and the shopping malls a callin’. The sweet freedom of summer. Hold up. That last part, the shopping malls a callin’. While your favorite retailer is probably hoping you’ll be more than ready to drop that hard earned cash this summer in their store, did you know that with a little planning, there could be an even better use for that money? Compound interest. Read on to find out more.
We’re three days out from Mother’s Day, and if you haven’t picked up anything yet, you’re probably wondering how to save money on Mother’s Day shopping.
Here are some great ways to do some last minute shopping:
It is a challenging question that faces most of us. How to get out of debt? Should I explore debt consolidation? Many of you have probably heard of the debt pay down snowball method made famous by personal finance guru Dave Ramsey. If you haven’t, the basic premise is that you make minimum payments on all your debts except for the smallest, and put as much money as you can on that debt. Once that debt is gone, you then take its payment and apply it to the next smallest debt. Rinse and repeat as you go through each one. The more you pay off, the more your freed-up money grows – which is – wait for it – like a snowball rolling down a hill. The additional thinking too is that by starting with the smallest debt, this will add up to quick wins, giving you additional momentum.
Granted, you could do all of this with pen and paper. However, with today’s technological advances, what’s the fun in that? Enter Undebt.it. Continue reading “How to Get Out of Debt With Undebt.it”
While many may already be investing in 401(k)’s through work, others may not have that option and still want to get investing in an IRA, be it Traditional or Roth. Certainly if you are not investing at all, then now is as good a time as any to start. You may be asking, but don’t I need thousands of dollars to start investing? Not at all. Betterment makes it extremely easy to be able to both start and accelerate investing. Read on for more.
When the book Freakonomics first came out, it set out to turn the study of economics on its head. Authors Steven D. Levitt and Stephen J. Dubner posed questions such as, “which is more dangerous? A gun, or a swimming pool?” “What do school teachers and sumo wrestlers have in common?” “Why do drug dealers still live with their moms?” “How much do parents really matter?” The authors set out to try and show that at the heart of it all, economics is how people get what they want, or need, particularly when other people want, or need the same thing.
That said, if you have not yet had a chance to read this series, be it due to price or any other number of factors, there is currently a great deal on the book for $1.99 on Amazon for the revised and expanded edition!
As new parents ourselves, we know all too well that one of the largest expenses many parents go through is diapers. They are a fact of life when it comes to raising a child, a fact that is not lost on diaper manufacturers.
The Honest Company realizes this for parents and wants to offer an extra $20 off your first diapers and wipes bundle:
According to the company’s story, their goal is to relieve parents of a few tasks by delivering family essentials right to your doorstep, allowing you to simplify your life and generate more time for you to be able enjoy what’s most important in life.
Ah, the grocery store. The venue that can add costs to a family or individual’s budget, in addition to costing us our mental health at times too depending on what time of the day you visit. However, we all have to eat at some point, and there are a few ways to deal with the anxiety of heading out to local supermarket and making it less stressful on both you and your finances.
Problem 1 – We shop at the same time as everyone else.
Raise your hand if you generally do most of your grocery shopping on Saturdays and Sundays. How about if you generally do it between 11 am and 1 pm? If you do, don’t feel bad, because according to the American Time Use Survey, apparently so does everybody else.
Simple Problem Solver – Shop during non peak hours! If you can, try shopping during a non peak day like a Monday or a Tuesday. Even better, if you can slide in before 4 pm, you have even better chances of avoiding the after work crowds. This might not be the case everywhere though, as I know we frequently have still seen decent sized crowds during the daytime hours as well.