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This week in... The Penny Hoarder Community

Ashlee
Happy Friday! Whew! Where has this week gone? Here’s your weekly round up of announcements to get you through today and into the weekend... We’ve crowned our November Member of the Month. Join me in congratulating Lisa Acu ñ a (@lismox) for being selected this month’s winner! We all appreciate your help around here, Lisa. Each month we look to crown a new winner. We’re looking for someone who is super helpful and active in the community. Each winner receives a $25 gift...Read More...
I was very impressed with the video. Congratulations to @Adam @Moore Income and @KellyFromKeene ! Great Job!Read More...
Great video! Very nice work!Read More...
Last Reply By AverageJoe · First Unread Post

How to Organize Your Financial Life With a Budget Binder

Ashlee
Having troubling keeping up with everything in your financial life? A budget binder can help. Here's how to make one! Have you tried this approach to budgeting? I would love to hear more about your budget binders.Read More...
@MountainFan , I'm a big fan of TBM. So glad I found her method!Read More...
After reading some of The Budget Mom's posts, I was looking into making something like this for my home. I was so happy to see this article from The Penny Hoarder shortly after, it was uncanny! I like to combine this idea with bullet journaling a little, making my own mash-up version. I love it.Read More...
Last Reply By KellyFromKeene · First Unread Post

Happy November!

Ashlee
We’ve made it to the end of the week and the start of a new month Penny Hoarders! Who here can’t believe it’s already November? 😳 This week I want to know if you’re a planner or a procrastinator… Do you start planning and budgeting now for holiday purchases or wait until the last minute? What about your New Year’s resolutions? And now for this week’s announcements… We just hit a HUGE milestone Penny Hoarders… 10,000 community members! Join us in a celebratory happy dance, then go check out...Read More...
@Susan L. Miller We have used Freecycle off and on for years. We got the foot and headboards for our queen-sized bed through the program. We have seen many items we no longer use go to other homes that would use them and recommend it heartily! We have also used our "Marketplace" here in our area on Facebook to buy and sell things. There are so many ways to go and programs to use! Happy selling...and as one of our mentors says "Think..and grow RICH!"Read More...
I'm not sure how many were here when I joined the Penny Hoarder Community, but I do know that it seems as if we've grown by leaps and bounds. I've met some interesting people and like having information and ideas coming in! May we continue to grow in numbers as well as in wealth.Read More...
Last Reply By AverageJoe · First Unread Post

Hello, everyone! Nice to meet you!

Ashlee
Hey, everyone! I am Ashlee, your new Community Ambassador. I have worked at The Penny Hoarder since the beginning of the year. I am super excited about my new role in the community and spending more time getting to know all of you here! And, in case you were wondering, my top financial goal right now is saving for the long term. So now for my first official announcement... First, some big news! W e've put together a member survey that will help us better help YOU on your way to accomplishing...Read More...
Hey @BeckAtsila , welcome! Glad to see you here.Read More...
Hi @BeckAtsila , it's nice to meet you!Read More...
Last Reply By KellyFromKeene · First Unread Post

Suggestions for Automated Savings?

MountainFan
I've read through this article a bunch of times now, and I still just don't know. I've tried Acorns and honestly never saw much benefit with the small bits of savings I was able to put in the account. I like the idea of Digit but I'm worried a little about how it works. (Like does it offer protection to not overdraw?) Investing seems a little outside of my scope for now. I love the idea of setting goals for the savings, like for an emergency fund or vacation. I recently opened an Ally...Read More...
That’s exactly my problem “TEMPTATION!!!!” I guess no better time than the present, I always had a problem with putting into savings and not touching it. I’m getting to old not to be able to manage my money and I’m depressed about not having savings early on in life. Now I have 4 grandchildren and it ways on my heart so bad to leave my babies something behind and not let my 2 kids suffer any when it’s time to bury me, but go on in life with some type of cushion that I left them. I started...Read More...
This is what my husband and I do. We set up a separate savings account with a good APY. It is not linked to any of our main accounts, and takes a special trip to the bank to get money from it. We have part of every paycheck direct deposited to this savings. I get more regular raises than my husband does, so I will up mine a bit everytime I get a raise. As you said out of sight, out of mind. Since it takes more effort to get money from it, we aren't tempted to use it for meaningless things.Read More...
Last Reply By Sweetmiek · First Unread Post

Topics

How To Save Money on Groceries

Six on a Budget
How do others save money when buying groceries? I have two ideas that have worked really well, among others: First: Ask what do we have to eat; not what are we in the mood to eat? That simple question saved us remarkably by making do and getting creative with what we already have in the house, rather than frequently running back to the grocery store for a "few more things". Next: Call your local grocery store and ask what time of day that store clearances meat, produce and bakery items. Shop...Read More...
Growing up using Aldi's, we had to use both frozen AND fresh fruits and veggies. With eight of us and friends to boot around all the time, we always had apples, oranges and other things around to eat after school. Of course, we had chips and the fried apple and cherry pies as well, but we were usually directed to the FRESH things first! Mom always made sure of that. We were also blessed in the fact that we had a friend who grew veggies in an acre leased lot close to our church who brought us...Read More...
I love Aldi!! I even found that you can use coupons on some of the name brand items that they have in the store. We save money with our family of 6, five gentleman and myself, by couponing as well. I buy fresh vegetables and fruit but sometimes purchase the frozen because they last longer in my house.Read More...
Last Reply By AverageJoe · First Unread Post

Vet Bill's and saving

Toni Mccall
You can save a ton of money in vet Bill's by going to your local feed store or Tractor Supply store. You can purchase deworming, flee control, and they usually have low cost vaccinations a couple of times a months.Read More...

Aldi is awesome

lismox
I went into Aldi today after my bike ride, and I was reminded of why I need to shop there regularly. The prices are amazing, the selection is good, and the store was really clean. I love Publix because of the selection, but the prices are much higher. I will continue to shop at Publix for certain items, but I'm going to make it a point to go to my local Aldi's for everything else. I got this really good Thanksgiving stuffing and cranberry pasta. Does anyone else use Aldi's and like them?Read More...
Hi, Yes I shop at Aldi's almost exclusively. I was near Publix yesterday & needed two items so ran in. The prices were easily 2-3x more on everything. I've got two kids, one is 21, so I have many years of comparing prices! Aldi is the way to go. 👍Read More...
Last Reply By Kumba · 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...
I use A T & T for my iPhone which is paid off, and my mom gave me for free. It's a 6, but hey it's paid off! I pay $43 a month, taxes included, since I have a pre-paid plan. Before I was paying around $75-80 a month, which was just way too much money.Read More...
Tello-$9-$40. use your existing phone or pick up a refurbished new unit to save money. This new service is the cheapest that I have seen. Not sure of coverage areas.Read More...
Last Reply By lismox · First Unread Post

How to save money at the vet's

lismox
I have 3 cats and had to put two down this year (we didn't have 5 at one time, only 3). I used both my regular and emergency vet this year out of necessity, but I will be avoiding my vet as much as possible now, and doing the following things instead: 1. Using a vet tech who comes to our local Petsmart. Literally I spent $10 per kitten for their first two vaccines. It would have cost hundreds of dollars at my vet's office. Check with your local pet store to see if they have mobile clinics,...Read More...

Prime discount for vets

Amazon has a Veteran's Day special going--$79 a year for Prime if you're a vet. Existing Prime members can apply. If you order from Amazon or shop at Whole Foods frequently this could be a good deal. Fun fact: The Army has more planes than the Air Force and more ships than the Navy. Hooah!Read More...
Fun Fact: Who would have ever expected that?Read More...
Last Reply By MsKimberly · First Unread Post

Traveling All 50 States On a Budget

Moore Income
Hi all! It's been quite a while since I have posted on here. While I still try checking in from time to time, my time on the internet has been limited. My wife and I have now been on the road for over 1 month. We are on a trip to visit all 50 States in the U.S.A. and to date we have been to 18 of them. (Driving 48 and flying to Alaska and Hawaii) Our goal is to finish 49 by December and then fly to Hawaii in early January to complete the trip. Many times we get the question, "How can you...Read More...
@BeckAtsila We try to go to Indiana every year but aren't always successful. We have relatives in the Corydon, Indianapolis, Bloomington, Brown County and Pekin areas. My birth father lives in the Corydon area. We're going to be going up to visit him and several cousins who will come in from Oolitic, Bedford, Mitchell and Bloomington while we're there. It will be the first time I've met them. We love to travel when possible. It's always good to have friends and family where one goes.Read More...
Wish I would have known you were in Indiana--that's my stomping grounds. I work for a hotel now and could have gotten you a discount. I've traveled widely as well and know some places worth checking out. If you go through central Texas, check out the town of West--it's a Czech town with amazing kolaches. The best shop is Czech Stop. If you go to Waco, Baylor University has the flag that flew over the Alamo on the second floor of the Student Union Building, or SUB. It also has the world's...Read More...
Last Reply By AverageJoe · First Unread Post

BROWSER EXTENSIONS

Debbie Carr Oliver
Can those browser extensions i.e. Chrome, Honey, Amazon Assistant, be downloaded to a smartphone or do they only work on a computer? I've tried using Honey on my phone and it didn't work & I couldn't find any info as to whether they were only designed to work on computers.Read More...
@Debbie Carr Olivier You are very welcome!Read More...
Thanks! Debbie Oliver On Sun, Nov 3, 2019, 9:02 AM The Penny Hoarder Community, < [email protected]> wrote:Read More...
Last Reply By MsKimberly · First Unread Post

Main drain clogged

Don Rotanz
Here is a money saving idea that has saved me hundreds of dollars. Main sewer line is clogged and plumber wants at lease $150 just to come out. Open up the cleanout or vent and slowly push the disc (which is attached to a handle) all the way to the bottom and pull up really fast. I have cleaned out 3 main drains within seconds using this. Good luck, DonRead More...
@Don Rotanz Anything that will help one to stop them from paying out money they need not pay to someone else is money they can invest in their retirement, their emergency fund or elsewhere. The Penny Hoarder Community is exactly what this is all about, so thanks!Read More...
Yes, I have used this approach many times. It's a great way to keep the drains clean. My neighbor uses vinegar and baking soda several times a week and at times I pipe cleaner. They're not always as effective as your method. So you've brought us a great idea. Thanks.Read More...
Last Reply By AverageJoe · First Unread Post

Acorns

Patti Weaver
I’ve been investing with Acorns for over a year now. It’s easy fun and takes the stress out of saving money as it’s done for you. Start saving for that rainy day.Read More...
The thing I like about Ibotta is that sometimes I get free stuff to try or almost free or even partly free that I wouldn't have tried. I don't buy a lot of name brand stuff but I cashed out $20 at a time multiple times. There are other apps that I don't care for. We each are entitled to our own opinions and Ibotta works for me!Read More...
13 investment apps is a lot to keep track of. Oh my gosh!Read More...
Last Reply By Dipat · First Unread Post

Teaching Your Kids to Save: I am a Bit Confused (HELP)

Elice Max
Hello everyone, Hope you are fine. I have a question! I am trying to teach my 10-year-old how to save. But so far it’s been a total bust. I gave him $5 and told him to spend it through the week. He handed the money to his elder brother on the VERY FIRST DAY and got himself candy bars, chocolate, and other junk stuff. I came across this article about teaching your kids about money-saving which has some interesting points. For instance, I’m definitely getting him a savings jar. But I’m open to...Read More...
I love the idea of the moonjar for my grandchildren, but feel it's a little pricey for what you are actually getting (according to the pictures on the internet). I think I will go the extra mile and make them something according to their interests. Hopefully, I will be saving as I am teaching them to save and it will have that personal touch.Read More...
I love this, it's called a Moonjar, and it's available from Amazon.com: Moonjar I gave this to my niece. It has slots for spend, share and give. It's cute and I highly recommend it.Read More...
Last Reply By dboothe · First Unread Post

Saving money on pet meds

Patricia Gauss
This is my first post, and let me begin by saying that this is not self-promotion, and I have no personal interest in promoting this company/web site, but I saw the article this morning on saving money on pet expenses, and thought I would share this info. I have saved a ton of money on my dogs' (6 of them - all but one are rescues) flea and heartworm meds during the past 10 years or so by buying from a web site called bestvaluepetsupplies.biz . They are located in Australia, and you do NOT...Read More...
Chewy.com is also a decent place to order from. When it comes to medications for your pet, see if your vet will write up a script. My vet writes a script in my dog's first name and my last name. I'd get the scripts filled at the pharmacy. It was so much cheaper. Combine the purchase with GoodRX and it was less expensive than getting the script directly from the vet.Read More...
Good ideas from you both... I was guilty of overspending on my two dogs flea meds buying from my vet for convenience sake. Right now I am unemployed so the last time I ordered, I went on-line and found a pet site in California. The flea meds were 1/2 the cost. Shame on me for not doing this sooner!Read More...
Last Reply By AnnieB · First Unread Post

For those Who do not drive, what is the cheapest way to get around?

For those of you who do not drive, what is the cheapest way for you to get where you are going? That may be work, church, shopping or the library. Is it a taxi, Uber, a private driver or some other day?Read More...
I agree there is a need for more options.Read More...
It seems like Nashville is going to eliminate the scooters. Mayor Briley was just defeated for another term as Mayor in last nights election, and I believe his replacement is going to be in favor of eliminating the as well. They have become a nuisance in Nashville as they are left where they're not supposed to be in the first place, don't adhere to the rules of the road, and are used to commit crimes with less suspicion. They're responsible for many auto accidents and hitting pedestrians as...Read More...
Last Reply By MsKimberly · First Unread Post
Page

How to save when grocery shopping

Brianna Herbert
It’s only my husband and I, but we spend hundreds of dollars each week on groceries. We are both on specific meal plans and prefer to eat clean/organic when possible. After clipping coupons, scouring sales ads and only buying items when there’s a deal we STILL end up spending so much just to feed us for about a week. We just bought a house and have been through multiple unsuccessful fertility treatments so our budget is TIGHT. How can we save more without starving?Read More...
Hi--I'm not sure what this question is asking, but I'll try to answer. We sure aren't experts at using less, but we do recycle a lot and try not to buy things we won't actually use. I try to buy quality items that will work well for us, whether long-term things like clothing or short-term items like detergent, etc. We don't use paper plates or utensils, etc., except for very rare events, although we do still use paper napkins (I go back and forth on that one). I've switched to more natural...Read More...
Saving money & saving environment can have different viewpoints. I use green bags to carry groceries, but don't get upset when I need plastic. I use those to line trash cans instead of buying trash bags. Also use those when my granddog visits for picking up the yard. I try to recycle all that I can - have been doing that since the late 60's from my parents influence. We had metal lunchboxes with tupperware containers for sandwiches, etc. and I still use that concept. Silverware and china...Read More...
Last Reply By Caroline · First Unread Post

Strange credit card tip

Hey, So I was listening to the radio one time when they started talking about a strange credit card tip. Put a condom on it--seriously. The reasoning behind this is that you'll be embarrassed to pull out your credit card due to the rubber and will think very carefully before using it. Hmm, that was unfortunate phrasing... Thought I'd just throw that out there. What's the strangest credit card advice you've ever received?Read More...
Tha is really funny and I am guessing it would make you think more than once about taking it out to use.Read More...
Freeze it in a block of ice. I didn't have a microwave then, so I had to thaw it with hot water and that took time.Read More...
Last Reply By kittykat1960 · First Unread Post
As stated in my last post, mystery shopping is a great way to see concerts, NFL, NBA, MLH, MLS and more for free. If you go back and see my last two posts, they give you all of the insight on signing up and becoming a shopper and how to shop everything from fast food to luxury resorts. I just ran across new information to add which is a GOLD MINE for Las Vegas locals or those who travel there regularly. Service Scouts is rolling out a HUGE collections of shops which contain just about every...Read More...
I wrote a breif of my mystery shopping experience a few weeks ago and go such an overwhelming response that I thought I would write another to elaborate a little more and just in case anyone missed the first one. I began mystery shopping back in 2013. I was skeptical and unsure if it was a scam. I started with MarketForce. They offered shops at a local hamburger restaurant and reimbursed up to $13 for food in return for a short and simple survey. I though, what do I have to lose. I am eating...Read More...
@Valerie Magorrian , Thank you so much for sharing this and your experience! I'm going to check this out. A side thought, do any of the mystery shopper programs have apps?Read More...
I have started doing mystery shopping recently and am really enjoying it. Thanks for sharing your experience.Read More...
Last Reply By Prince_Alarming · First Unread Post

Travel Tips, anyone have any to share?

Valerie Magorrian
Hello, I LOVE the fact that you can do quizzes on AARP.com under their rewards for good and earn rewards while also learning some pretty valuable tips. There is no cost and no age limit in oder to sign up and you trade points for discounted gifts cards, etc. For example, you can purchase a Carnival Cruise Line $100 gift card for $90. By the time you buy enough to pay for a cruise, you have really added up some savings. My question is, does anyone know of any sites that do something similar...Read More...
I’ve also used Rewards for Good in purchasing Carnival Gift cards. Saved a few hundred dollars off our last cruise as well as gratuity and WiFi. They are changing the program and it will be called AARP Rewards starting in September. Current points can be used up till September. I’ll definitely continue to use this resource for future cruises.Read More...
Volunteer to be bumped if you're flying. I did this in college and frequently got nice compensation, including a flight out of Indianapolis on Race Weekend in first class (that's like winning the lottery; flying out of Indy in May is insanely crowded, especially after the race).Read More...
Last Reply By TinaS · First Unread Post

Extra Job

ShellyW
Okay, I am wanting to get serious about saving an emergency fund, and I am about to start a part time job. I have three total income sources now. My main job, child support, and now what I will bring home from the new part time gig. My biggest issue is which one do I actually start my savings habit with? I just want to start somewhere, and be committed to a goal maybe start with $250, and hopefully work my way up to $1,000. If anyone has any ideas, or suggestions. I would appreciate it.Read More...
@ShellyW Sorry to hear about your situation. I don't know how I would react if I were in your shoes. Sounds like you are definitely putting in a lot of effort to make things work. I wish you the best and I know with your drive, you will get through it and come out stronger. Don't hesitate to reach out for any advice and keep us posted.Read More...
Sorry to hear that @ShellyW ! It sounds like you're doing what you need to do in the meantime - I know you'll be back on your feet soon! If you need any other suggestions, we have an amazing community who will be happy to lend some advice or just be here for moral support.Read More...
Last Reply By Moore Income · First Unread Post

Saving Money on a very fixed income

Linda Woodcock
Hi Everyone: I just joined this community. I am in need of putting some money away for mostly medical copays and other expenses. I am on disability and work a part time job that I enjoy but the pay is not enough to meet my monthly bills or copays. I am 63 and full of life and I also would like to enjoy my life by going on a small mini vacation sometime, but I am not able to. What are some tips that you can share with me on how to save... I already am in my pt jobs 401K however my income is...Read More...
Hi Linda- Are you receiving all the services you are able to based on your disability? I would take a good look at that first- sign up or get on wait lists for housing assistance, fuel/heat assistance if you live somewhere you need that, medical assistance, food, etc etc. Review your budget and see where your money is going and what can be cut out and what should be prioritized. Also consider opening a no-fee savings and put $5 in it with every paycheck. When you do this for awhile, you can...Read More...
There are many online hustles that can generate a little money if you do the follow thru. google mystery shopping, paid surveys or follow the class action lawsuits. I just got a $95 check from Hearst magazines because they kept rebilling me without notice! who knew?Read More...
Last Reply By KellyFromKeene · First Unread Post

The Power of Saving Money || Where to save

Antonio Bonton
Hello Penny Hoarders, I've been reading on the different types of savings account available and wanted to take a moment to say what I personally think is the best option because there is so much information out there! I believe that the best vehicle for saving money is an Online (high yield) Savings Account. These accounts offer anything at/above 2%. Personally, I use Marcus by Goldman Sachs which offers 2.15% but Wealth front also has a very good savings account which offers 2.5% The best...Read More...
I agree, 2% is honestly barely (at best) pacing inflation! But I think it is okay when you are using it for an emergency fund or a purchase within the next year or 2 because you could risk losing it in the stock market (short term) or getting basically nothing in a checking account. I use saving to have a nest egg for emergencies and short term purchases (house and car down payment) the rest of my savings money goes into the stock market where I can get a return closer to 10%!Read More...
It is good to see banks finally starting to raise the interest rates, but even 2% is okay at best. At the rate of inflation, most of that interest is lost by the next year due to inflation. That being said, for saving money short term, it is still better to get 2% for it rather than getting a fraction of that which most bank accounts offer. Some other banks that pay higher than most are Aspiration and Haven Money. For long term savings, I prefer to put it into a Real Estate Trust (I use Rich...Read More...
Last Reply By Antonio Bonton · First Unread Post

Best ways to save money in shopping

Elice Max
Hi, My name is Elice Max actually I want to know some great ways to save money while shopping. Please, anyone, share me your experiences!Read More...
Definitely a fan of RetailMeNot and Groupon. Some other sites I recommend for online shopping are BeFrugal, Ebates, WikiBuy and Honey. One specific way you can save money when shopping for such items is to buy discounted gift cards to the stores you are planning on buying from. It's not a lot but you can sometimes find gift cards that cost anywhere from $2 to $10 less than their actual value. I frequently use this method to save money when eating out and would use it for any stores I planned...Read More...
Shopping for clothes, makeup, and other apparel...Read More...
Last Reply By Moore Income · First Unread Post
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