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Budgeting

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Upcoming Virtual Event With “Napkin Finance” Author Tina Hay

Nicole D.
Hey everyone! In case you’ve missed our announcement Monday, I’ve got some exciting news to share! Tomorrow, The Penny Hoarder will be hosting a virtual Q&A with “Napkin Finance” author Tina Hay. Mark your calendars for Thursday, Feb. 11 at 2 p.m. ET and join us on The Penny Hoarder’s Facebook page , where we’re sure to have an interesting and informative Facebook Live discussion. We’ll also be giving away five copies of “Napkin Finance” during the virtual event! For a chance to win,...Read More...
Hi @Latonia Whitley ! We haven't yet finalized the next pick for the book club. We're trying to assess the best way to move forward with everything, but I'll be sure to make an announcement once we've decided on the next book!Read More...
Would like to know the name of how the current book and how to obtain it the club has started. I'm new to this and really need to learn how to budget and save.Read More...
I'm glad you were able to watch later, @sthom ! And thanks!Read More...
I missed the live event but did watch later on Facebook and what a pleasure. I've been unable to participate in the overall book discussion as I intended. Have been out of pocket for a few weeks due to some health issues. But...Tina Hay's discussion with you was brilliant, Nicole. And, what a sweet face you have, if you don't mind my saying.Read More...
Last Reply By Nicole D. · First Unread Post

Topics

We should learn to do the math

Karen E Peyton
It took me years, loss of dollars, and budget shortfalls to learn, I was causing my own pain. Granted, I was doing what I was taught, what we were all taught. But, regardless, it wasn't working in my favor. I had nice things, and what looked like from the outside a nice life, but I was struggling. Finally, I admitted that my finances were a mess and I went looking for help. Through research, classes, conversations, and more research I found answers. But the thing that was staring me right in...Read More...

Grocery Shopping - How far away is your usual store?

I'm working on an article about food deserts: areas where there's limited access to fresh food. It's making me think more about those trips to the grocery store that I take almost on autopilot. Did you know that just 10 years ago, more than 2 million Americans who didn't own cars also didn't have a grocery store closer than one mile away? I gripe about doing this weekly task, but when it comes down to it, it's not a strenuous one for me to complete. I'm curious how far you go to do your...Read More...

Starting a budget

I was just reading the article about 5 reasons you should budget and want to say that for variable expenses, i.e. utilities, you can go on a budget payment plan with the utility company so that expense will be fixed each month.Read More...

A reminder NOT to spend.

Jobelle Collie
I use a debit card and paper checks. I have a huge goal to sell my current home and build/buy a new one before December, 2020. So I made a index card with what my debt kill amount is, how much I want to save for a larger downpayment to REMIND myself that i DO NOT need to buy anything but food and things I need to fix up the old house. Having that reminder (stuck one on my cell phone and one on my laptop) too avoid impulse buys! Wish me luck.Read More...

Budgeting 101

Ashley Allen
Hi all! I’m new here but was hoping I could get some good advice from others who have been in my shoes. I have never been good at saving money/budgeting and I’m a server meaning the bulk of my income is cash which I have on me at all times. I make decent money but I have no idea where it all goes!! And before I know it I’m struggling to pay my bills each month because I wait until the last minute and then I don’t know where my money has all gone!!? Any tips/suggestions on budgeting for ...Read More...

This is how I am Managing My Budget in Quarantine (It’s Not Easy)

In January this year, I was very certain my career was going to climb a few steps higher. I had perfected my LinkedIn profile and was interacting with enough people on social media to reap the benefits of connecting with professionals in my field. February proved to me that I was not wrong. I received a call at the end of the month of an old employer whom I had worked with on a freelance basis. This person, whom I should mention here I have always been on very good work terms with, offered...Read More...

how to save money

Consider a spending fast every few months to stop all unnecessary money and to put the money in your bank. Know the sales cycle, so you know the best time to purchase every item. Consider shopping at consignment shops and thrift stores to save money .Read More...

Reducing unnecessary spending.

Shawn Wallace
Due to the Coronavirus we all have been affected one way or another! With a lot of extra time on my hands I began to explore my spending habits especially on unnecessary bills. Many accounts that I have are willing to suspend payments or make some type alteration to help during these trying times. I started with the cable company because we hear more complaints about inconsistent pricing in services. It’s weird, cable companies are willing to lose your business by being an existing customer...Read More...

How expensive is it to have a pet?

Maryann
Hi everyone — I've been thinking a lot about getting a pet. Here's the thing, with the exception of short stint of three fish, I've never actually had a pet before. I saw a beautiful poodle up for adoption the other day. He's three, super sweet and smart, and seems like a great first pet. With that said, I am wary of the maintenance and costs that come along with pet ownership. For my dog moms/dads out there, how much do you budget for your pets? What's been the biggest surprise expense?Read More...

School Fundraisers

FreebiePharm
As a mom of 3, I usually do not participate in most school fundraisers, but still feel guilty. Does anyone set this into their budgeting?Read More...

How to get better coupons

barbara mariottini
when i see a product i need i purchase it i then get home email the manufacturer tell them i like there product ask them for cuopons give them my name and address and them to mail it to meRead More...

Excel Entire Year Budget Sheet!

Heather LeGuilloux
Last year I started budgeting for the first time. It was confusing to figure out at first, and also scary to see all those categories and spending limits. But after a few months, it became second nature to write out the budget and go through the statements at the end of the month to make sure these budgets were held in place. When I first started with our budgets last year I found a printable budget that had some static categories (rent, groceries, travel, etc) but this year I wanted to find...Read More...

Tell Me About Your Easter Expenses

Hello everyone, We are one month away from Easter and even though there are concerns about the coronavirus – I don’t think many of us are planning to cancel the celebration. So I wanted to do a small study here about what people generally buy at Easter. There is plenty of data on the internet and I have gathered some extremely fascinating Easter statistics myself. Still, I want to know what my Pennyhoarderers will be buying before April 12 so I can get the latest numbers. Here is a simple...Read More...

Meal Ideas for 11 Year Old’s Birthday Party on a Budget

My son’s 11th birthday is coming up and I am thinking about inviting around 15-20 people including neighbors and his friends. I usually order Happy Meals from McDonald's but this year, I have decided to cook at home to save some money. I am thinking of ham and cheese sandwiches and pudding for dessert. Do you have any other interesting suggestions?Read More...

Pay all bills on one day or spread throughout the month??

triplea87
I would like to get a consensus here. Who pays all of their bills (including rent/mortgage) on the same day of the month versus spreading out over the course of the month? (Ex. paying rent/mortgage on the first and the remaining bills on the 15th). I imagine this has a lot to do with paycheck cycles and I can see the convenience of the former but there are advantages to the latter from a cashflow perspective for those who may be living paycheck-to-paycheck.Read More...

Changing my eating habits is changing my finances

lismox
For the New Year I decided to finally lose those pesky 25 pounds. Rather than going on any specific diet I decided to rein in my portion sizes and reduce my calorie count. So far it's working since I'm down 5 pounds. Only 20 more to go! I was a total Starbucks junkie before changing my eating habits. Now I've been going only like once a week since I don't want to use up my daily calories on drinks. It's been helping me a lot! Not only is it helping my waistline, it's helping my budget. Has...Read More...

Family Budgeting Strategy for Youth

Hi everybody I just read the last PH newsletter, in particular the article about couples creating positive meetings about their budget. I'm trying to figure out the most effective way to teach my 12 year old son who is both a hard worker, very desirous of earning, saving,spending, money + *bonus* he loves Math. Much of his amped desire to earn has been gleaned over the last 9 months through a video game plays that reward through "monetary" points. It has its pros and cons and of course our...Read More...

pay bills on time

we have been married 42 years and are retired. we leaned early to pay our bills in full when they came due. also, be bold. call the utility or phone co. insurance, etc.and tell them your due date does not work out. 100% of the time they gave me a date that fit our budget. Early we lived on my income only. when my husband, in school, could work, that went in savings. when he graduated and worked full time, we started our family, and i worked part time. my income went to savings. savings paid...Read More...

Lowered my gym membership price

lismox
I had a small success today. I added my gym membership to my husband's account. I will save $20 a month, so $240 per year. I wish I'd done it earlier. Then I called my Internet company to see if we could get a better deal, but that was a no-go. And we dropped Hulu and CBS.com (which was through Amazon), which I'd completely forgotten I was still subscribed to. It pays to stay on top of these things.Read More...
Budgeting isn’t easy. But whether you’re trying to cut spending to save for that new house or you’d like some extra money to put towards your credit card debt, establishing a budget that works for you is essential. Which is why we’ve created the Budgeting Bootcamp experience. The bootcamp is a two-week program that will teach you how to establish a budget from the ground up and then actually stick to it. Every couple of days you’ll receive helpful tips and tricks for creating your own...Read More...
Rarely am I given a gift I don't like. However, it would seem unreasonable to travel to the store/use up gas and wait in a long line unless it is very expensive. Regifting...I would do that if the person I am giving it to does not know the person who gave it to me. Unless it is a very practical gift, I probably cannot make use of it. One year my mother and I gave a bakery gift card as a gift to someone. She went there frequently. We found out that she regifted it to someone we were close to.Read More...

Just sharing some numbers from my 2019 budget

mintjulep
Just entering Nov/Dec receipts into my Excel budget sheet and looking at "almost year end totals" (rounded) in some of my categories. Dog annual - $2659 ($1105 was in Nov/Dec for emergency issue, all well now) The total includes food, medications and shots, pet-sitter fees while away from home, vet services. Grandkids annual (2 under 10 yrs) $1341 which includes restaurant, entertainment, gifts, meals and snacks I have the other standard categories.....meals, medical, household, utilities,...Read More...
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