Both are important! Is one more importnat than the other for you? Here’s my thoughts
Do you want to save more money?
Here are 12 suggestions / tips to help you get into that savings mentality. Let me know how you save.
Can you travel cheaply?
My answer is always, yes!!!
We have traveled to lots of places and not spent too much. It does take planning, but we find it well worth it.
You need to search for great deals on the places you want to explore. Look for sales, perks and discounts. Research your options. Right now we are researching an upcoming trip. We are looking for a hotel that is centrally located and near transportation hubs.
Last year in Italy, we stayed at a hotel by the airport. We were able to walk to the hotel when we arrived. You might be thinking it’s not convenient. This particular hotel had a fee shuttle to downtown Rome every two hour between 8 am and 11pm. Yeah! No transportation costs.
For places to stay, we look for hotels / timeshares that have kitchen facilities. It’s more cost effective to go to the market and purchase food than to eat our for every meal. Plus, if possible, you can bring things from home. No, you cannot bring meat and vegetables. You can bring items that you only need a few of instead of buying a large quantity (think salt, pepper, steel wool, paper goods and more). This is a photo from a beach vacation and what we packed in our luggage.
What do you do to reduce your travel costs?
Christmas Holidays in July!
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Christmas Holidays in July! You may think I am going crazy but I have a plan. Now is the time to start to think about the holidays. You are at the mid-point of the year, which means there are 21 weeks to save between now and Black Friday.
This year Black Friday is November 24, Chanukah is December 13 and Christmas is December 25.
To stop the January debt hangover, start to save now and have the money you need by automating this process! Set it up once and then you will be at your goal in no time.
First determine how much you want to save and when you get paid (weekly, every other week, etc.). Calculate the amount you will need to save based on the paydays between now and Black Friday. Set up an automatic transfer from your checking to your savings account for the day after your direct deposit.
Do this now and you won’t be scrambling in November. You will be eating turkey for Thanksgiving knowing that you are all set with the cash for the holidays and won’t have to start January off with your holiday debt.
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Money Makes The World Go Round
Today, I am doing a workshop, Money Make The World go Round at Empower Her for kids ages 8 to 11. We are going to discuss budgeting, wants, needs with the help of a fun game!
Do apps and emails make you spend more?
Are you often tempted to make purchases you hadn’t planned to? Are you tempted by a sale that you were unaware of until you received an email? Was there an offer you couldn’t refuse?
Email is a part of our lives. But overspending doesn’t have to be. Take action to protect yourself from spend money that you didn’t need to. Unsubscribe from emails, deleted apps, don’t read sales flyers etc. Take the temptation away from your daily life and save your money for what you really want to spend it on.
Did you spend money you weren’t planning to because of an email or app?
Do you have debt that you want to payoff?
Learn how these people overcame their debt.
What have you done to paydown your debt?
What To Pack To Save Money
Summer is coming and that makes me think of vacations. You might be saying, here they go again! You may be right, but not yet. There are a couple planned for later this year.
• Noodles / Rafts / Tubes / Snorkel Gear
• Soft-sided cooler – we have one that the freeze pack is a part of the cooler
(one less thing to carry along)
• Entertainment – playing cards, games, etc.
When we travel to a destination, we try to reserve a unit with a kitchen or at least a fridge. This saves us so much money by being able to make and bring our own meals. You might be thinking cooking on vacation – ugh! This can be as simple as having breakfast, beverages and snacks from a grocery store versus paying restaurant or resort prices. Picking up a bottle of water at the store is much more cost effective than buying a bottle at pool side.
Here’s an example of what we do. We bring as much as possible, especially things you won’t finish, like steel wool, paper plates, herbs and more. Next, we place an online order (if that is possible) from the grocery store before we leave. Then we either pick up the order at the store or have it delivered to where we are staying. Having some or most of your meals at grocery store prices saves money. Yes, we still do go out for some meals – just not all.
Remember that you typically cannot bring meat, fruit or vegetables out of the US and into another country. Usually, you can bring sealed items in their original packaging. Here’s one of our suitcases.
If you want a copy of my food packing list, email jill@jillrussofoster.com and I will share it with you.
Are you missing out on these rewards?
We saved $1.50 per gallon with our grocery store’s gas rewards program. Didn’t buy anything special, just our usual groceries. Paid $105.9 / gallon!
Worried about your accounts being hijacked?
We personally view our bank and credit cards accounts weekly – we check for unrecognized transactions. We use two step authentication. We don’t do this from our phones, only home computers. You may think we are overly cautious, but here’s what CNBC has so say.
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