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Are DIY Projects Worth Their Price?

Forum: Save Money
ERoberts
If you have read any of my other posts, you'll already know how much I love Pinterest! Pins that always catch my eye (but I rarely act on) are recipes for DIY laundry detergent, toothpaste, cleaning agents, deodorant, etc. They boast huge savings, but I am not sold. I wouldn't mind devoting an afternoon during the weekend to create my own concoctions and I like the idea of controlling all of the ingredients I put in them. BUT, as we know, not everything on Pinterest works out. How do I know...Read More...
I just moved. I also sold all of my furniture in hopes of starting fresh in my new space. However, when I began to build up my bookmarks online with pages and pages of couches, rugs, and new bedding I found myself to be faced with a dilemma. Should I splurge on furniture that I love and know will last me a long time, even if it will set me back budget-wise? What happens if I am in the same situation a year or two from now where I have to clean house again before I move? My question to you...Read More...

But, can my dog come?

Forum: Save Money
Melissa
I'm a massive dog lover. Seeing those puppy dog eyes when I leave for work in the morning is soul wrenching. So when the weekends roll around, I make it a point to spend as much time as I can with my pup. Sadly, I'm finding it a little difficult to 1. Find places that are dog friendly and 2. Find places that don't charge admission (parks, beaches, fairs and markets). Does anyone have any recommendations or resources to find canine and budget friendly activities?Read More...

Everyone fails. The trick is...are you learning from it?

Forum: Budgeting
Rob Loftus
For those of you that have read my posts here, or visited my blog, then you know I was tired of living paycheck to paycheck and wondering where all my money was going. I got on a budget, using Dave Ramsey's EveryDollar budgeting tool, which is free. I stumbled a bit at first, learning true restraint and impulse control. As I became more focused and aware of the state of my finances, I couldn't believe how much money I had left at the end of each month! I got to a point where I was living off...Read More...

EZ As 1-2-3 Healthier Snack Attacks Cravings & Savings

Forum: Save Money
What are some of your favorite inexpensive snacks? Have you ever noticed that the sale price on name brand potato chips at $2 a bag (8-10 ounces) are 20 to 25 cents an ounce, or $3.20 to $4.00 per pound? Now, hey, I get it... they're pretty darn good... but "betcha can't eat just one" was a Lay's Potato Chip slogan for a long time and a definite truism. I won't get into the nutritional data behind chips nor will I present that the healthier Baked Lays products are not only more expensive but...Read More...

Cutting the Cable Cord - how to save $ and cobble together the right streaming services

Forum: Budgeting
Just read the 'Cut the Cord' article by Kelly Gurnett on Penny Hoarder today. It's very true that people are spending at least $1200 per year on cable and hate the fact that they are forced to pay for channels they don't want and don't watch. But with 200+ streaming services out there, it’s difficult to figure out which streaming services to use. So I thought I'd pass along that there is a free website and app called CobbleCord, which helps you cobble together the best combination of both...Read More...

Skin Care

Forum: Save Money
Ethomaswh
Every lady and some gentlemen know how expensive skin care products are. For the last several years I have used baking soda as an exfoliating scrub. It is wonderful and gentle on the skin. You can use just on face or all over the body. Similar store scrubs are very pricey and have all types of chemicals added, baking soda scrub is just soda and water, very pure. This is a sure way to save money on skin care.Read More...

A First Timer's Guide to Credit Cards

Forum: Credit
ERoberts
Hello, Penny Hoarders! I am 21 years old and have never had a credit card. By default, I have no debt. What is your advice to someone who is very conservative with their money, but is also interested in learning more about cash back rewards/point systems attached to certain cards? I like to keep things simple when it comes to my finances, and I think this has been the biggest mental road block for me when it comes to applying for a cc (when my debit is so easy is manage). Let me know your ...Read More...
Hi all, I'm curious if anyone out there has tried teaching their kids about budgeting. I have a 10-year-old who's (fairly) good about dividing her birthday money into saving, spending and giving categories. But somehow her "spending" amount disappears quickly, and she can't seem to get the idea that just because you have the money doesn't mean you need to spend it that month. Anyone have creative suggestions for handling this? Thanks!Read More...

Traditonal or non traditional

Forum: Banking
Mo Brownies
Hi Everyone, I am thinking about closing my traditional bank account like TD and Chase. I already have 1 online high yield interest bearing savings account and im thinking about going all in. I no longer want to see an interest of .01 cent every year? or have to keep a minimum in order to avoud fees. What do you guys think?Read More...
If I could find the right properties here, I would do so. One friend made over $345K last year in five states. That's a great return for his $45K investmentRead More...
i think we have some thing like this in KS. I just don't no how to find the list here. I found out throw that the 1 bedroom house sold for $3000 back taxes. The person who brought it or paid the taxes has the house looking really nice now.Read More...
Forgot what the topic was after all the discussion...LOL...but definitely pays to go non-traditional these days...Read More...
I have now considered putting my emergency fund in a online CD account for 2.90 APY. its money i shouldnt be touching and hopefully i dont- but if anything I do have credit card I can use. Ive been thinking about doing the 12 months or 24 months CD. nothing more then 2 year. Doing the calculations - if i put 10k in, thats can be $285 or $588 respectivetly. Not bad for a year or 2 years.Read More...
Last Reply By AverageJoe · First Unread Post

Tax Return and Tax Reform

Forum: Taxes
Lisa Eichinger
Hi, So this is going to be a follow up to my original post on tax reforms for 2019. As I work as a tax preparer on the side, I have been hearing a lot of people say "my friends have to pay the government this year" or "there are a lot of upset people that aren't getting their normal tax refunds, they're getting a lot less". I am not going to side with anyone on this, but I wanted to take the opportunity to enlighten the community on why there may be changes or why people have to pay, etc.Read More...
@Moore Income . There should be a place on the state form where it asks if you or your spouse lived in the state all year. For her you would say no then it would be a part time resident for state taxes for her. You might have to do it married filed separately, but your federal taxes back that up with the state codes on the W-2'S. I'm reasonable with my charges to do taxes. I don't have a set charge.Read More...
@Lisa Eichinger yes thanks. I am also running into some confusion with filing the state side when trying married filing jointly. She lived and worked in both Illinois and North Dakota in 2018, I only lived and worked in ND. When I am filling it out it is asking me questions about my residency in Illinois although I technically never had residence there. How much do you charge for your services? I am getting so frustrated trying to do my taxes this year.Read More...
@Moore Income . It is usually most beneficial to file jointly. There are more credits offered. I can't tell you exactly why the amount changed so much without looking at the W-2's. My thought would be that her withholding for taxes was higher so they took less money out. Also the lack of health insurance for the entire year comes with a fee still. This is the last year people will be punished for not having insurance. Does any of this help?Read More...
I have been dreading doing my taxes this year... I started doing them on Tax Act and when I filled out the main info for my wages, it calculated a decent return for me. But I chose "married filing jointly" since I got married in July of 2018. When I added my wife's income, my return dropped to $600 owed in taxes. I didn't have health insurance last year and my wife only had it part of the year. Is this the reason it changed to taxes owed? Would you know why it would drop like that? Would it...Read More...
Last Reply By Lisa Eichinger · First Unread Post

Name Brand v. Store Brand

Forum: Save Money
FreebiePharm
So, I saw this online and aside from the laughter it evoked, it started a thought process... My family is pretty in tune now after years of my effort, at eating store brand items; however, I would love to substitute more branded items in my household. Does anyone have any tips or hacks in this area? What are some switches you have made at home?Read More...

Credit Cards Good For Emergency Fund YAY or NAY?

Forum: Budgeting
Bonnie Squires
Do you think its good to use credit cards for an emergency fund? I my self say no. Save money up for emergency. Here my story. Reason I say no is I'm in 12k credit card debt. Why because I had nothing saved up. I had all most all our kids living with us. Yes they did help out but every thing went into the house for bills food ect. Well last year I wasn't expecting my husband to have a heart attack. Yes I was working and did get a small amount from SSI. But once my husband had his heart...Read More...

The envelope budgeting method - Does it work?

Forum: Budgeting
Briana
Popularized by personal finance guru Dave Ramsey, the cash envelope system encourages you to toss aside your cards and rely solely on pre-labeled envelopes full of real, physical money. . Here’s how it works: 👇 ◾️ Take out a set amount of cash at the beginning of each week. ◾️ Set your budget, and divide the cash up accordingly. ◾️ Put the cash into labeled envelopes for each of your weekly spending categories. (This shouldn’t include fixed expenses like your rent or monthly car payment —...Read More...

How do you "budget" when taking a Vacation?

Forum: Budgeting
Lucy
We all need a break from daily life at least once a year? How do you cut costs when vacationing? I noticed one time when we went to Disneyland families brought in their own lunch - so we started brining an ice chest with us on vacations so we can have lunch on our own. (We do splurge on dinner however.. I mean you have to live a bit - especially on vacation!!). I also like cruising because food is one of the biggest expenses while vacationing and you can do a 4 day cruise - with food and...Read More...
I'm feeling playful today--what is the worst financial advice you've ever received? Mine was so bad it was epic and funny, at least to me. I am a professional author of a trade paperback and two e-books, one of which is self-published. This "make a six figure income and travel the world" guru wrote that you could get a six figure income by hiring a ghostwriter (I've done that, too) to write 100 books and sell them on Kindle. This is funny to me because of what all goes in to writing a book.Read More...
The worst advice I ever got was to go with a debt settlement company! My experience with what I thought was going to be a help, ended up being a nightmare. My credit was ruined, and my creditors had no patience with me, when they found out, I had chosen a debt settlement company. It was one of the worst experiences of my life, and caused me extreme stress and discomfort!! The lesson I learned was that there is no short cut to paying one’s bills, and that if a medical emergency comes up, and...Read More...
When I was a broke newly married college student I spent a lot of time reading up on how you could make money by getting your car wrapped in advertisements. I could get paid to drive around! Sadly most of the programs that were hyped up online required you to pay to get more info. I never fell for that scammy part but man, I wasted a lot of time on that research!Read More...
Ooooh! Love this question. Mine would probably have to be -- "It doesn't matter what you do with your money right now, as long as you save for retirement, you'll be fine." I think it's so easy to think what you do now won't impact your future, or that you can always make more money -- but I'm glad I learned the value of creating healthy financial habits now so I don't have to worry (as much, hopefully) later!Read More...
I think some of the worst advice for making money a lot of people talk about and is kind of the first advice you run into when you get started online. That advice is to go and do surveys and use other similar sites. While these all have their place, when you really look at how much time it takes, and how little you get, it is really not a viable way to "make money". You would be much better off just getting a second job that you only worked 1 hour a week. I am pretty sure you would probably...Read More...
Last Reply By Duane · First Unread Post

Make your profile stand out by updating your avatar!

Briana
While we love Abe, and those adorable Abe-inspired avatars, we also have a ton of other super fun avatars you can choose from for your profile! This is a great chance to showcase a bit of your personality in the community - are you more of a palm tree or sneaker? Do you want to rock out with red hair or maybe have glasses? How do you update your avatar (profile image) you may ask? In your profile settings, if you click "Update your Profile," scroll down to Profile picture/Avatar and choose...Read More...
i think mine was imported from google. But i do need to update my photo.Read More...
I'm the same way! I do think some of our avatars are so cute though =)Read More...
I updated mine first thing when I set up my profile. Stock photos just don’t stand out to me.Read More...
I explained to some one the other day how to change there picture. But I'm on a PC or Lap top. So i'm not sure about how to do it on a phone. My be some one can explain that so if some one wants there picture on there page they can put itRead More...
Last Reply By Bonnie Squires · First Unread Post

Step to take to plan a business trip

Forum: Budgeting
Kristy Hoy
I have ADHD and I have some many squirrels in my head when I plan something. I need basic steps to plan a trip from my home to the place I'm going. I also have some traits of OCD. This has prevented me from alot. I'm on a budget. I don't know where to start to look up the plane and where to stay. Too much information and I'm overloaded. Thank you for your time and help.Read More...

Why Penny Hoarder is the Place to Be

Forum: Save Money
Deon Christie
Apart from being one of the most engaging audiences I have had the pleasure to come across. There are several great reasons to be part of the Penny Hoarder, and especially the Penny Hoarder Community. Because with the community they even offer a reward ($25 gift card to a place of your choice) for being member of the month. Now which other community does that? None that I know of. From an exposure point of view and building recognition it is the perfect place to be. Because it is also the...Read More...
Although it is nice to make a few extra dollars on the side. But most people however do work toward the " quitting your day job " Kind of online income. The effort requirement however is exponentially more demanding. Making a few extra dollars online require a lot less effort and can in most cases be fairly easy to achieve. But if you are thinking of working toward the quitting your day job kind of income, then be prepared to apply maximum effort. Which primarily involves building interested...Read More...

Refer other Penny Hoarders to the community!

Briana
Are you enjoying the new community so far? Did you know that you can easily refer the community to others you think might like to join as well? There are a few ways to do this: 1. You can hover over your profile and click the "invitations" tab. From there you can insert any email address you'd like to invite to the community. 2. Under the welcome announcement on the homepage, you'll see "invite others to this community." Once you click on it, it will take you to the same field to type in...Read More...
Hi @Briana , I have been inviting my LinkedIn connections to the community. But received a notification "you have sent the maximum invites", after reaching 49 invites. My LinkedIn community is currently working its way toward 17K connections. All of which are internet professionals from US, UK and Canada mostly (over 95%). And I would be delighted to invite all of them to The Penny Hoarder Community. Am I inviting too many too fast perhaps? Is there a limit to how many people we may invite...Read More...
The Penny Hoarders is a great site. Haven't invited any one to the site yet but haven't been online much 2 broken finger hurt knee doesn't help me.Read More...
I have been referring...no action yet but holding out hope! The Penny Hoarder is amazing!Read More...
I have been referring people I know. I don't contact many of them through email though so I have just been sharing a link to the community on social media. It would be nice if there was a way to invite the same way on social media.Read More...
Last Reply By Deon Christie · First Unread Post

Apps to earn rewards and cash

Forum: Make Money
Ana
Ebates - earn money when you shop via stores on Ebates. Ibotta is a great way to earn money while you shop. Check out Fetch Rewards. Turn any grocery receipt into savings! Shopkick - Earn points toward a free gift card while you shop in stores or online - Get Upside - earn money back when you get gas for your car. I can privately send you the links to the apps with my referral codes in which you will earn a bonus. Just let me know. Are there any others that I should check out?Read More...

Grocery Savings - Publix

Forum: Save Money
Christi
Hello Fellow Savers, I came across this today https://www.frozenrewardsclub.com/Home/Products It is a way to get a 10 gift card from Publix, when you buy 30 worth of Agra frozen foods. Please share other savings like this that you have found!Read More...
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