Save Money

SAVING MONEY ON A FIXED INCOME

Debbie Carr Oliver
I live on a fixed income and was wondering if anyone has any tips on how to save and where to save with limited funds.Read More...
Avoid fast food restaurants. Use instant coffee or brew your own. Avoid the mall at all cost. Plan monthly splurges to concerts. Budget shoot out fit.Cook enough to take some for lunch.Read More...
Thanks for the reminder about asking for senior discount - I keep forgetting to do that and they are there to be found!Read More...
Last Reply By Lashuan Beverly · First Unread Post

Always buy used when possible

Ken Lyons
I've learned (through hard lessons) to always negotiate on prices of things and always buy used when possible. For example, if my family needs a new sofa, we have visited a local furniture store and written down the brand and style of what we like. Then, we search through Craigslist or Marketplace on FB for that item. Almost always, I've found what we wanted used, often fairly new and in great condition. It has saved me hundreds if not thousands of dollars on everything from furniture to...Read More...
Wah! We don't have NextDoor in our area, but there MUST be something, so I'll keep looking. Thanks for getting me on the right track!Read More...
Thanks for the tips. Heading NextDoor right now! I'd never heard of it.Read More...
Last Reply By dboothe · First Unread Post

Over Couponing

A few months ago i got into using the Dollar General and Family Dollar apps for their digital coupons. The main items that i seek are household items such as laundry detergent and fabric softener. I would only buy the items if they were less than $3 after using the coupons. I thought this was a good idea to load up while i can get them for cheaper than their regular non-sale price. Is it a good idea to load up certain household items for a cheap price even though you may not necessarily need...Read More...
I love couponing at Family Dollar and CVS. I love digital coupons. CVS has started sending 30 percent coupons to me by mail. I stack those with digital and paper coupons along CVS store coupons. I coupon for my daughter as well. I have a stockpile and give items as gifts. I made a gift basket for a housewarming party, and giving away another for a friend's birthday.Read More...
NICOLE Yes Dollar General does have digital coupons but you can only use it once. Which means if you needed more than one you can't get it. Even if you went to a different store you still couldn't get it. I'm just saying.Read More...
Last Reply By Veronica · First Unread Post

Track extras!

Tracey Lalena Tabers
I had no idea how much money I was wasting until I dove deep into my monthly bank statements. App purchases and even small monthly services were adding up. Keep a running list next to your computer and write down the continual monthly and once a year expenses. Signed up for a free trial? They will charge you without asking after the trial is up. Keep track, people!Read More...
No more free trials for us. I cancelled Amazon Music @$7.99 monthly, and Amazon Fresh @$4.99 monthly. I still have 0.99 Hulu till December, Netflix, Amazon Prime, and Kindle Unlimited (paid until 8/2022). My husband still has LA Fitness @$29.99 monthly. We will cancel Netflix in October for Disney @$6.99. I never even used Amazon Fresh and paid the subscription for at least 6 months.Read More...
The free trials have caught me a couple of times, too. I like your list idea, @Tracey Lalena Tabers for keeping track of how quickly they add up. Here's something I've found works for me: Before I sign up for a free trial, I figure out what the end date is going to be (since the subscription services rarely tell you that info). I set an alert in my Google calendar for three days before the trial period ends to give myself the cushion of a couple extra days to log in and unsubscribe (finding...Read More...
Last Reply By Veronica · First Unread Post

Emergency fund, travel fun, etc.

Joanne Reinbold
I put all my 5 dollar bills I get from change in a ziplock bag for my travel/emergency fun. After 3 years I have $1500 plus.Read More...
I always follow a 50-20-30 plan myself. Every time I get a paycheck, I put 50% towards bills and essentials, 20% in savings/emergency funds, and 30% in fun money. It really helps when you have irregular income because you don't over spend during the good months and barely get by during the bad ones.Read More...
JOANNE REINBOLD yes it does add upRead More...
Last Reply By Miranda Mattson · First Unread Post

Savings tips I implemented while traveling

Briana
As most of you know, I just returned from my first overseas trip after being away for two weeks - which means I had to budget for TWO WEEKS of travel. WOW. How was I going to make sure I didn't run out of money on my trip but also have enough money when I returned to pay my rent? I knew I still wanted to do things, but I also wanted to make sure I saved money in the process. Here are a few ways I saved money: * Look for FREE guided tours This was the coolest thing I experienced in London. I...Read More...
That's so cool @Nicole ! It was fun to ask locals about places to go - they know how to avoid the tourist traps too. These are great tips @Olivia ! I used a money belt the entire time and we actually booked flights pretty far in advance to avoid higher prices. All in all, I learned that it's completely possible to have a fun, affordable overseas trip!Read More...
When the kids were younger and still at home, we had opportunity to visit Italy as a family. Someone suggested looking up Rick Steves and his online materials. (Europe Through the Back Door). The ideas were real money savers. Picnicking, less expensive alternative accommodations, (we stayed at a Catholic charismatic guest house in Rome), doing free and cheap stuff, using public transport, sink washable and quick dry clothes. Another moneysaver was snagging a cheap flight and leaving from an...Read More...
Last Reply By Briana · First Unread Post

Saving on Hair Salon services

saversue
Hi, I moved to Southern IN, 7 yrs ago and was interested in saving money on my hair services. I looked online for cosmetology schools in my area and found 1 that was 10 minutes away! This is a school where students learn about all types of the hair care process, manicures, pedicures, brow waxing, facials, and many more services. They are under staff supervision at all times, are friendly, outgoing and eager to learn. They offer these services to the public at a discounted rate and so I made...Read More...
Great reminder, thanks! We have a cosmetology school here, and I just have not utilized them. I have used the massage students FREE practice sessions, and let me tell you , it was fantastic.Read More...
That is an awesome tip, @saversue ! It reminds me of some similar ways to cut costs. We had a dental assistant training school in our area that discounted services. I also had a friend going through massage therapy school and she needed volunteers to practice on while in school and I had a few free massages(yep, the message student is a more pleasant thought than a dental assistant student!) Also, the University of Florida at one time offered discounted dental services if a parent had a...Read More...
Last Reply By KellyFromKeene · First Unread Post

How do I get money

Tim Mfn Berberich
Want cashRead More...
Definitely too broad a question to cover with one answer. It really comes down to finding something that works for you personally. There are many ways to make money, it is just going to take some research and time to figure out what works for you.Read More...
Sell your stuff, work a side job, take money out of savings, borrow it... https://www.dollarsprout.com/i-need-money-now/Read More...
Last Reply By Moore Income · First Unread Post

How to get a cheaper cell phone

I would appreciate suggestions on how to have a cheaper Smart Phone. Mine is costing me 100.00 or more a month. Only $13.00 of that is the monthly phone payment. Because of my location I am limited to US cellular or similar for Northeast Iowa.Read More...
Exactly, @Shirley T ! I did the same, went to Sprint and I could not leave quick enough.Read More...
I have been with US Cellular since 2000 with the exception of 2 years. About 5 years my husband put us on Sprint with a 2 year contract. We could not wait to get back to US Cellular. We even started marking off days on the calendar. With Sprint we had poor coverage and dropped calls in addition to higher cost. Will never leave US Cellular again. Our bill is $ 100 a month for both phones. I will cut expenses anywhere other than my phone bill.Read More...
Last Reply By KellyFromKeene · First Unread Post
How much do you all think is a REASONABLE amount to have saved? I'm not talking retirement, I mean $ that you have set aside for emergencies, etc. I know that the experts say that we should have 3 months worth. I find that the majority of people I work with want to have $500 or $1000. I'm always trying to get them to raise that number, but realistically, how much do you shoot to keep in savings??Read More...
Thank you @TheSugarFreeLife ! Very helpful. I love to real life examples when talking with people. I know it makes me personally feel more like things are possible rather than reading about someone who doesn't even seem real to me.Read More...
I had heard about 6 months worth of salary and tried hard to save for over 15 years without much success. As soon as I would start building a few thousand, it seemed something would happen (major home repair, need a running car, etc.) and instead of incurring yet another debt, I'd use what we'd managed to save. A few years ago I decided to create a list of the absolute minimum we could survive on a month - basically an absolute bare bones budget and we decided to target saving 3 times that...Read More...
Last Reply By KellyFromKeene · First Unread Post

SAVING for TRAVEL

Moore Income
Do you have a separate savings fund for travel? My wife and I both love to travel and so we try to make it a priority to save for such expenses. Even if "traveling" means just going on a day long road trip as we did over the weekend to see some nature and enjoy the spring weather. We have a box in our living room where we add bills from time to time. It says "Adventure Awaits" on the box and is a great reminder that saving for such things is worth it. It may only be a little bit here and...Read More...
@Shannon H that is great!Read More...
I set aside cash each month for my personal travels. My family is two states away and that's where I take my personal travels. I know the costs associated with traveling there based on past experiences. I always add some extra to the cash for eating out and spoiling my nephew.... Nothing like home cooking or going to your favorite local place when I am visiting.Read More...
Last Reply By Moore Income · First Unread Post

Cutting the Cord

I'm looking at possibly ending my cable services in a couple of months when my contract ends. I already have Netflix and also Hulu(free through my subscription with spotify). Have any of you cut the cable cord and what other services have you used to watch your TV/movies? I've heard of Sling, HBO Go, and CBS All Access but i want to make sure i choose the right service combination that cutting the cord would be worth it financially. Thoughts?Read More...
Okay that sounds good. I'll be trying to weigh my options these next couple of months. Thanks so much for the insightRead More...
I use Netflix, Hulu, and Amazon. I can also stream a few of stations like the CW for free.Read More...
Last Reply By BJLEE · First Unread Post

Confessions of a Shopaholic

ERoberts
If you, like Madonna, are a material girl and find yourself having visceral reactions to a store-wide sale notification landing in your inbox, this one's for you. I love clothes. And jewelry. And shoes. And bags. I think a lot of guys and gals out there do. While I know I am not alone, and feel no shame surrounding my constant impulse to shop (or my "shopping is my cardio" tank top) there comes a time in every adult's life when other things start to garner more financial prudence over...Read More...
Like @Maureen Sullivan , I unsubscribe from marketing emails to reduce the temptation to buy things I don't need. I throw away catalogs without looking at them, and I don't wander around stores to kill time (usually). I just try to reduce the temptation to spend when I can. Why make it hard for myself, you know?Read More...
Years ago, I read "The Life-Changing Magic of Tidying Up" by Marie Kondo and "purging" my belongings has been a thrill to me ever since. I'm not a minimalist by any means, but I don't like "stuff" to weigh me down. When I feel like "stuff" is taking over my house, I get very anxious until I am able to go through it all and donate, throw away, or better organize my belongings. Knowing exactly what is under the bathroom sink is what really brings me joy I love being able to walk around the...Read More...
Last Reply By KellyFromKeene · First Unread Post

Keep a bank

Lashuan Beverly
Water jugs from water deliveries can be used for a all coin bill bank. Google lady that bought a motorcycle once she filled hers. Just copper! As you go about your day there’s always penny to be found. Children don’t like them, so you can accumulate. I have had a piggy bank of mostly penny’s going on ten years keep post for count. Aug 20 yrs.Read More...
Saving coins is a great way to save money and can even be used as you mentioned for larger purchases down the road if you work hard at saving them. It is true that pennies are frowned upon by a lot of people but I try to always pick them up when I see them because as the saying goes: "A penny saved is a penny earned" Sometimes, people will even pass by larger sized coins. The other day at Walmart I picked up about $0.78 in nickels, dimes, quarters and pennies that someone had just left on...Read More...
Last Reply By Moore Income · First Unread Post

How are you saving money this week/month?

Briana
Typically on Sundays, I frantically run to the grocery store to do my shopping so I can prep my meals for the week, but this week I remembered I'd purchased extra chicken (for a discount!) the week prior and actually put it in my freezer. So I was able to use that to make all of my lunches for work this week. I also (finally) cancelled my Planet Fitness membership since I use my apartment gym instead. That's $21 a month I'm saving! Small win, but hey, I'll take it! What are some ways (big or...Read More...
I'm glad allot of you are planning meals weekly or by the month. It does save allot of money. I'm waiting on chicken breast to go on sale. Than I'll have just about every meat I can think of that we like. I prefer boneless pork chops over bone in but at a buck a pound it was a good deal.Read More...
MOORE INCOME have a great trip with your wife. Oh and our son has started a change jar to. So we both have one of those big snack jars and saving our change, Only thing is I don't cash mine in he comes to me when he wants to buy some thing. I buy his change from him. lolRead More...
Last Reply By Bonnie Squires · First Unread Post

Why Everyone Should Learn How to Cook Asian Food

I'm disabled. In 2017 I started a job at an Asian restaurant, and have managed to build some semblance of a life thanks to that. One of the advantages of working at an Asian restaurant was that I got a free meal with each shift. I soon was eating Asian food every day, even on my days off, and have discovered it's an excellent cuisine for Penny Hoarders. Trying to lose weight? Eat Asian food. Did you know China's obesity rate is only 3 percent? I didn't lose a lot of weight but I did lose...Read More...
I got lucky, my wife is from the Philippines! Thumbs up for all the tasty dishes she makes!Read More...
Fried rice is a weeknight go-to for me. It's a great way to use up leftover rice, and you can make it on the cheap with a bag of frozen mixed vegetables and a couple eggs.Read More...
Last Reply By Moore Income · First Unread Post

How Do You Effectively Save Money On A Consistent Basis?

Moore Income
Learning to save is an important part of ones financial journey towards a better financial future. That being said, if we don't make it a priority, it can be very easy to end up with nothing left over to save if not careful. I am curious to know some ways my fellow Penny Hoarders use to save money on a consistent basis. For me personally, I have found that saving multiple small increments of money on a weekly basis adds up over time. For example, I have one savings account that takes $5 a...Read More...
I use Stash and Swell, I have heard of Long Game but haven't used it. What do you like about that app? @Shannon HRead More...
I have opened a separate bank account for my work reimbursement checks so that money doesn't go in with paycheck. I now transfer money from reimbursements into Stash, Long Game monthly then once every quarter I move money into Swell Investing. It's been much easier for me to move it out and forget about it because I no longer see it in my primary account which has made saving easier.Read More...
Last Reply By Moore Income · First Unread Post

What have you done to save money on your Electricity Bill?

Deon Christie
Although you can place your geyser circuit on a timer to only switch on at a certain time. It doesn't make electrically any sense to me. Because to warm up 150 Liters of water couldn't use much less electricity than just to keep the same water at a constant temperature. Therefore I just wrapped my geyser in a thermal blanket to keep the heat in and not having to warm the water that often. I have also replaced all light bulbs with energy saving light bulbs or LED lamps. LED lamps use very low...Read More...
Directly from the sun.Read More...
DEON CHRISTIE and @jcclark1976 what kind of solar do you have? I brought 2 from harbor freight and hubby and hubby fried the battery's on them Hubby all so brought one my be 4 or 5 years ago. But he has this big box that's real heavy that goes with it.Read More...
Last Reply By jcclark1976 · First Unread Post

Saving money on prescriptions

mintjulep
I've learned a few tricks to help save on the high cost of prescription medications if your medication is not covered by insurance or you have not met your deductible. The best way in my area (Florida), is to register at either GoodRx.com (which is national USA) or FloridaRx.com I've not personally used GoodRx.com but from input from other people, it works just as well for finding the best prices in your area. Both are discount cards you show at your pharmacy and both sites have apps for...Read More...
That's good you rescue a dog. My dog I got at 2 years old she will be 9 next month she a ShiChi and has athirst. My daughter dog is a pug/Chihuahua He will be 3 next month. She had him since he was about 6 months old My son dog she is ShiChi /pug/Chihuahua. She will be 2 next month. We had her since she was born. Her mom is my dog the dad my daughter dog. I do know there one other company out there but not sure the name but it came out to be allot higher GoodRx.Read More...
@Moore Income I edited the post this morning to add that GoodRX.com is national, not just limited to FL. I published the price spread for that one drug because that is what is going on at the pharmacies these days. It is definitely worth checking out the prices at all the pharmacies near you, with or without a discount card. Where most goods and services are competitively priced in any given local area, drugs are not!! And up until the last couple years or so, I just always stayed with one...Read More...
Last Reply By Bonnie Squires · First Unread Post

Best Debt/Credit Card for Travel

Wen Dee
Any suggestions for a debit/credit card that offers free airfare/bus or train discounts, free or discount hotels and free or discounts for restaurants? We are traveling this fall and are trying to keep costs down. Any suggestions are appreciated. ThanksRead More...
This would be nice, but I do not know of any, since most require a high-spend amount to receive points.Read More...
I have heard a lot about the Venture One card from Capital One @ekuhlens . Thanks for sharing your tips. @Arthur Pember it is true that certain people like to take advantage of tourists when it comes to the exchange rate. This is true in nearly every country I have been to. Your best bet is to exchange money at a bank.Read More...
Last Reply By Lele · First Unread Post

Car buying and owning.

In your opinion, which is the smarter financial decision when it comes to car buying: new or slightly used? Also, what are some tips to help get the most out of your investment?Read More...
Of the last 5 vehicles we have had, 4 have been brand new. We tend to keep them for a long time. 1992 vehicle was 13yrs, 1993 vehicle was 19yrs, 2006 vehicle we still have & just were gifted a 2017 that we plan to keep for at least 20yrs. We were gifted a 1996 used vehicle that we had for 6yrs but it needed so many repairs as it wasn't well maintained before us & wasn't really able to pull our travel trailer anymore. I do know that vehicles depreciate the moment you drive them, but I...Read More...
I have never personally owned a car that was newer than 11 years old, and that has always been great for me. Here's some points to consider: The literal SECOND you drive your fancy new car off the lot, it dramatically depreciates in value. It will never again be worth what you paid for it. Consider financing: many car dealerships have fancy promos to talk you into buying a car, like no down payments, 0% interest for 12 months, on site financing and the like, but most of these tactics are...Read More...
Last Reply By Nicole · First Unread Post

Birthday Parties

Six on a Budget
I'm a stay at home mom of four kids. We live in southern California. We've been debt free for about 9 years. My daughter turned ten this past week, and to kick off her birthday celebrations, we had a couple dozen friends sing happy birthday to her at the park and enjoy piles of donuts (purchased on clearance). Saved money, but her face says it all....she was one happy girl! It was a good reminder to me not to feel pressure to spend amounts of money I don't care to spend in order to have a...Read More...
Best birthday was family with a few friends.... I think daughter was turning 14 or so..... I made homemade calzones with sauce, grandma brought the cake, I had free ice cream coupons from an in-store promotion that I used at a store that had buy 1 get 1 free so ALOT of ice cream was consumed..... think cost for food was less than $15 for 25 people...... Taking the time to make the food was great as daughter and I got to work together then were joined by my two sisters and it was the time we...Read More...
Having a large family of 8 kids. We would let the birthday person pick out what cake they wanted made and there dinner that they wanted for there birthday. We would all get involved and make every thing tougher. Watch movies or go to parks depending when the birthday was. Plus we gave 1 gift to the birthday person. Now because they are older and we don't see the kids much we give a card and $20 for birthday. We have a granddaughter in april and our 3 dogs lol We start in June with our son...Read More...
Last Reply By Shannon H · First Unread Post

Saving Money for a Vacation

Katie Gabriele
What are some of the best ways to save money for a vacation? Or ways to save money on the vacation itself? My fiance and I are planning on going to Florida for our anniversary this summer. We made a tentative budget and are assuming we'll need $1500-2000, with $500 of that being for flights (we'll be staying at a family member's vacation home for free). This isn't too much money, especially for a week vacation, but we'd still like to save as much as possible. Ideas?Read More...
there are also apps that do the digital version of the envelope ideas. For example, Digit - tracks your spending and learns your habits. then it will save based on the goal and timeline you have specified. I beleive YNAB can do this and Qapital saves by rounds all your purchases to the nearest whole number and saving the change. I would also suggest doing surveys or some small task that wont disrupt your day to contribute to your vacation savingsRead More...
I waitress at nights and I think having cash on hand or a separate designated savings account is vital. At the end of my shift (or once a week at the end of the week) I pull out a bunch of envelopes with different labels on them (emergency fund, vet bills, vehicle registration fees, family vacation, etc.) that I know are coming up, and I sort out money into each envelop. It makes it easier not to dip into a fund when I know dinner out with bae means I have to dip into money set aside to take...Read More...
Last Reply By Mo Brownies · First Unread Post
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