Tagged With "Save Money"

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Re: Saving money

Zara Zoey ·
Pretty much a success story of saving money. It's been months I have been saving to solo backpack to Europe. The mantra other than an intensive scrutiny of budgeting is to see what really matters and what seems like a excessive junk!
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Re: Mental hacks to help you save money?

Bonnie Squires ·
hi i'm starting to learn about coupons to save money. all so like at holiday time when i see some thing i want i'll tell myself that it will be on sale after the holidays. well i did this year and when things was 50 percent off i still didn't buy any thing. even throw my daughter kept bugging me for thing i still didn't give in. than at 75 percent it was still a no i didn't need it. but when things dropped to .13 and .12 cents than i got my daughter a couple of canning jars and the store...
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Re: Mental hacks to help you save money?

Jules ·
Hey Caitlin, I love your point about hacking your reward system. That's a really great tip I'll have to implement, especially for working out and even getting up in the morning. (I work late some nights and don't get to sleep till 1 or 2 then I have to be up by 8 for my next shift. Mornings are brutal for me, and it's either get up on time and catch the bus, or enjoy a - not so blissful - stress filled twenty minutes of trying to convince myself to get out of bed before I have to pay for a...
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Re: Mental hacks to help you save money?

Moore Income ·
I have heard of the "cooling period" principle before and it is something that I need to implement more myself. One mental hack I have been trying to train myself to think about is how little stuff I actually need and use. By placing less importance on the things I own and more on the experiences and people in my life, I in turn have the desire to purchase less stuff. This saves me money and also turns my mind in the opposite direction and gets me thinking about how I can get rid of stuff or...
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Re: Mental hacks to help you save money?

BeckAtsila ·
I am an hourly worker, so I calculate how many hours of work I'll have to put in to be able to afford my purchase. My advice for anyone, but especially poor people such as myself, is don't think of yourself as a temporarily embarrassed millionaire. You don't have to have the latest gadgets, fashions, and other things you can't afford. Learn to say "I don't freakin' need it."
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Re: Mental hacks to help you save money?

Bonnie Squires ·
@BeckAtsila you are so rite about saying i don't need it
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Re: Mental hacks to help you save money?

Deon Christie ·
With all the great advice, it's almost impossible to add more ideas. Therefore I would go with mindset, because there is a fine line between want and need. Then there is also bulk options with buying groceries for instance. Now I'm not sure about the US, but we have stores like Makro for instance where you can buy in bulk. In some instances everyday items can be almost 50% cheaper that in ordinary grocery stores. And yes, I know not everyone can afford to buy in bulk. But trust me, work your...
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Re: Mental hacks to help you save money?

Nicole ·
I love to make it a game to not spend money for our day to day activities, by using gift cards I win or earn with points, redeeming rewards, coupons, etc. Last August while my oldest was on a free kids city tour for the day (he got lunch, snacks & tons of useful swag), I was able to treat my youngest to a walking foodie tour of our town. We got fries, cookies, ice cream & slushies from different locations, played in a couple parks & skipped rocks in the river. I'm trying to plan...
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Re: Mental hacks to help you save money?

ERoberts ·
I like to call my mental hack for saving money a "lifestyle diet". I quit all of my indulgences like going out to eat, late night J. Crew purchases, and morning cup of Kahwa COLD TURKEY and replace them with creative, frugal substitutes. Pinterest will provide you 100 different ways to use your crockpot you never knew existed. Pinterest will teach you how to style your old sweater by tucking it into the bottom of your bra strap, add a beret and voila! Chic! Is that new?! Pinterest is...
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Re: Saving money

MiniPantherMom ·
The Every Dollar app is also a great budget app! Very easy to figure out, and you can add customized budget categories and it tells you when you’ve gone over your budget.
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Mental hacks to help you save money?

Caitlin Constantine ·
Hi everyone! I was just editing a piece of content about using direct deposit to boost your savings, and it caused me to wonder what tricks and mental hacks you all use to help you save money or cut back on spending. I have two that I use: 1. I hack my reward system. This is something I picked up from the Calm app (which I am obsessed with and use every day!) The idea is to make your brain's reward system to work for you by refocusing yourself on what will really bring you some lasting...
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Saving money

Med007 ·
The first step to saving money is to figure out how much you spend. Keep track of all your expenses—that means every coffee, household item and cash tip. Once you have your data, organize the numbers by categories, such as gas, groceries and mortgage, and total each amount. Consider using your credit card or bank statements to help you with this. Bank of America clients can use the Spending & Budgeting tool , which automatically categorizes your transactions for easier budgeting in the...
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Re: What has been your money epiphany?

Zara Zoey ·
I have this habit of compartmentalizing things on my mind money wise. I have a very strict policy regarding how much to spend on gas and wardrobe. I have opted to live for me and avoid spending on unnecessary shopping. Food, gas, saving account. It worked so far.
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Re: What has been your money epiphany?

Leslie Kay ·
This sounds like a dream to me. To go back to the days when I could focus on savings. My grandchildren are my biggest challenge because any money I have I spend on them and feel good about it. But I need to bulk up my savings while things are going well. Good Job @Zara Zoey !
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Re: What has been your money epiphany?

mintjulep ·
Grandkids are amazingly pricey!! I realized this when I started tracking my spending 6 years ago! Wow! And tho I knew I was probably being too generous, just how generous showed up in bright RED!!! LOL! It wasn't all the spoil, either. When they stay weekends or weeks, the special foods, entertainment, activities all add up. Wouldn't have it any other way, but goodness it was an eye-opener!
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Re: What has been your money epiphany?

mintjulep ·
After a divorce in my early 30's, and the need to find a good, reliable income, which turned out to be real estate sales, and some roller coaster income years........well, the lightbulb went on. My neighbor happened to be a CPA and I consider his financial advice to be the best ever received at a crucial time in my life!
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Re: What has been your money epiphany?

Moore Income ·
The moment I recognized the need to save money was when I finally took the time to take a close look at where I was financially. Before, I had avoided looking deeper at my finances than just checking the balance of my checking account. More than just saving money, this really woke me up to the fact of how little I knew about managing my money. This caused me to start saving, investing and working on a plan to eliminate debt. It also sent me on a journey of searching for knowledge about how...
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Re: What has been your money epiphany?

Deon Christie ·
I have to be honest and say during my late 30's. Been a bit of a wild one before that, and never gave the "rainy day" much thought. Especially going through the DJ stage after finishing my diploma as an Electrician. A method that works quite well for me is a linked bank account to stash a little something with each payday. And of-course my Payoneer account linked with Bank of America. The profit I generate on the internet then goes into this account. That's two methods I use to have a little...
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Re: What has been your money epiphany?

Sid ·
Hey there, I can kind of relate to your story. Piles of debt mounted and then I realized, oh ****, something needs to be done about it. All the best for this beautiful journey!! -Sid
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Re: What has been your money epiphany?

Sid ·
Excellent! Forced savings is number 2 on my "Road to financial freedom journey" list. I find apps such as Stash and Acorns to be extremely useful. Oh and by the way, what kind of music did you play as a DJ?? Best, -Sid
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What has been your money epiphany?

Sid ·
I'm just curious to find out what has been your aha! moment when you realized a cool way to save money? When did you finally decided that now is the time to stash some money for rainy days?
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Re: Energy saving -- via Arcadia Power or any other similar service?

Former Member ·
I signed up for Arcadia about six months ago. It's easy to use, and they usually offer an initial signup perk or referral bonus, but otherwise I wouldn't say I'm saving money. I'm paying pretty much the same I did with my old utility service, but I know that half of my usage is "clean". Customer service is great so far.
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Re: Traveling

Raymond Martin ·
From where??
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Re: Traveling

Samba ·
Dulles.. or any international airport close to Maryland.
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Re: Amazon purchases

Briana ·
Ebates is a great one! I've actually heard of the Honey browser extension too that might be worth looking into. Another is Paribus -- I've known a few people to get money back on Amazon purchases with that too.
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Re: Amazon purchases

Carol Bontrager Sveglini ·
Thanks for info
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Re: Amazon purchases

Carol Bontrager Sveglini ·
Thanks
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Re: Energy saving -- via Arcadia Power or any other similar service?

Isabel ·
Can anyone tell me if Arcadia Power is a replacement for the utility company I have right now which is Florida Power & Light? Or is it a compliment to it hopefully saving you money? Does it cost anything? Does it change the way you use energy at home? Thank you.
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Re: Energy saving -- via Arcadia Power or any other similar service?

Former Member ·
From what I understand it replaces your current power company. So, you pay your bill to Arcadia but Arcadia works with your power company to make sure your lights stay on. You pay a regular bill, but you don't pay extra for your energy consumption unless you choose the 100% clean energy option, which will cost a bit more per month. It doesn't change how I use my thermostat at home, but it changes who I pay the bill to and how I look at my energy consumption on my monthly statement (which...
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Re: Energy saving -- via Arcadia Power or any other similar service?

Former Member ·
I should add, because my signature isn't showing up: I'm a writer at The Penny Hoarder, but I'm not a part of the team that evaluates and writes about partners like Arcadia. I'm just a regular ol' customer in this case.
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Re: Energy saving -- via Arcadia Power or any other similar service?

Isabel ·
Thank you Lisa. I inquired and I don't think it will lower my expensive bill at all unless I refer people and maybe some of them sign on. I think it will be more of a problem for me to have to pay my utility company through some other company.
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Re: Energy saving -- via Arcadia Power or any other similar service?

Former Member ·
Theodora, have you looked into a budget plan with your current energy provider? Apologies if you have already done this, as I know a lot of them are promoted pretty well. I wasn't able to carry my budget plan (which gave me a steady bill through the year instead of seeing seasonal fluctuations) over to Arcadia. Luckily I could see my usage enough to be able to tell when my high and low billing periods would likely be, so I could plan for them. But budget billing programs are where it's at!!
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Re: Amazon purchases

Moore Income ·
I have used Ebates a lot in the past and have gotten quite a few nice little checks from them for cashback on travel purchases and online shopping. Lately however I have been using Be Frugal as they generally tend to always offer a little more cashback at most stores than Ebates. I do have to say that I have not cashed out with them yet. They do offer a $10 bonus (message me for info) for signing up and they offer quite a few ways to cash out including gift cards that you can cash out when...
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Re: Why Penny Hoarder is the Place to Be

FreebiePharm ·
Interesting! Thanks for sharing.
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Re: Energy saving -- via Arcadia Power or any other similar service?

FreebiePharm ·
Thank you for all the insider info on Arcadia. I have been wondering about this but hesitant to switch to an unfamiliar company.
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Re: Name Brand v. Store Brand

Nicole ·
Sometimes I find it is trial & error. Buy a store brand & try it to see if you do like it. With some things, we have been able to figure out if it is made by a national brand by packaging shapes, wording & ingredients on packages, etc.
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Re: Name Brand v. Store Brand

Moore Income ·
I don't personally have any tips to share on this topic but thanks for sharing the image. This is a clever tactic to use to save money!
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Re: Why Penny Hoarder is the Place to Be

Deon Christie ·
Only a pleasure. Just thought people should know just how huge the Penny Hoarder has grown since 2010. That kind of growth in as little as 8 years is pretty impressive.
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Re: Name Brand v. Store Brand

Bonnie Squires ·
I've used store brands most of my life. I grew up poor so my mom used store bands. Having 8 kids I had to keep track of every little thing i spent money on. There 5 of us still and 3 dogs. So I'm still use store band unless I can get name brand items for the same price or 1 buck more than the store brand. I try to keep our meats under $2.00 and can veggies under a $1 we have a $ store here and at the holidays name brand veggies go on sale 2 for a buck and if you have a coupon for it even...
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Re: Why Penny Hoarder is the Place to Be

Moore Income ·
I love The Penny Hoarder forum because it is a great place to share value and knowledge that I have learned with others and to get more knowledge from others as well. I really like the fact that posting links such as affiliate links and other self promotional links is discouraged. I have been a part of far too many groups where all you ever see is a bunch of crazy links and people only interested in what they can get out of it. It is a good idea for everyone to read the guidelines for the...
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Re: Why Penny Hoarder is the Place to Be

Deon Christie ·
So right you are, couldn't agree more. The signature is indeed a valuable addition to one's content. Like how you mention the option to search Google. A simple tactic I use to check if someone is as professional as they claim is to enter their full name into Google. Sometimes the person in profiles does not correspond to Google results at all. And a clear indication of just another copy/paste marketer or "expert".
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Re: Why Penny Hoarder is the Place to Be

Moore Income ·
@Deon Christie agreed. Although I am not against people who are "new" to the space. It does take time to get credibility even in Google but if you are going to brand yourself as an "expert" than this should be one of your top priorities in my opinion.
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Re: Why Penny Hoarder is the Place to Be

Deon Christie ·
So right you are indeed. Extremely annoying how random affiliate links are flooding the internet in general these days right? Google is a great way to authenticate people, a little tactic I use before spending money. Entering a person's full name into Google. And in many cases the person portrayed in profiles have no relation to the info displayed on Google. A clear indication of just another copy/paste marketer having no idea what they're talking about.
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Re: Name Brand v. Store Brand

Paula Marie ·
Thanks for the good information (and for sharing a bit of you)?
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Re: Name Brand v. Store Brand

Bonnie Squires ·
@Paula Marie your very welcome. I love to share what I know or have learned.
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Re: Why Penny Hoarder is the Place to Be

Deon Christie ·
It most certainly is @Moore Income . Nothing generates reward like recognition and knowledge. And rewards come in many other different forms, it's not always just about the money. Earning someone's appreciation for value offered is priceless.
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Re: Name Brand v. Store Brand

ERoberts ·
If you, like many others, are a brand snob or simply prefer to see a little family of bears vacationing in hot springs on your toilet paper packaging instead of plain old "PUBLIX", I feel you. If you are this person, but also a Penny Hoarder, I feel YOU! A great way to combat this label syndrome is to shop somewhere that simply does not give you an option, and at the same time doesn't compromise on quality. May I present to you: Trader Joes. They sell items similar, if not better, than...
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Re: Name Brand v. Store Brand

Nicole ·
I'm in Canada & we don't have Trader Joes here but every time I go to Seattle, I make sure to stop & pick up lots of great items! Are they located all across the US?
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Re: Name Brand v. Store Brand

ERoberts ·
Hi Nicole! I believe they are located across the US! Enjoy!
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Re: Energy saving -- via Arcadia Power or any other similar service?

ERoberts ·
I endorse Arcadia Power 100%!
 
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