How to Stop Wasting Money in Your Home

It’s all too common for people to waste money in the home, and if you don’t pay close attention to the actions you take each day, you will end up wasting a lot more than you realise. However, it doesn’t have to go on that way for much longer. There are plenty of things you can do to stop hemorrhaging cash, but it will mean making a few adjustments to your home and the way in which you run your life. It might not be easy to accept that changes need to happen, but don’t despair because it’s easier than you think. Read on to learn more.

 

Stop Paying for Electricity You’re Not Using

It’s so, so common for people to continually pay for electricity that they’re not even using. When you leave an electronics product plugged in and running in the background, it can waste a lot of electricity that really doesn’t need to be wasted. That’s why you should always turn products off when you’re not using them anymore. It’s a simple thing but it can have a huge impact on how much money you waste each day at home.

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Conduct Regular Inventory Checks of Your Wardrobe

For many people, wasting money happens in the form of spending cash on clothes that aren’t really needed. One way to stay on top of this spending is to conduct regular inventory checks. This is when you go through everything you own and see what you have. When you own a lot of clothes it’s easy to forget what you already have. It lessens the temptation to spend  a lot of money on new clothes.

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Parenthood Isn’t Easy: Learn To Keep Your Money In Check

If there’s one thing which you learn when you are a parent, it’s learning to be somewhat cost efficient. Money-smart,  knowing the ins and outs of local stores, and knowing where they sell the cheapest decent hand wipes. It’s basic knowledge like this which keeps up above ground during those tough moments when money is running a bit low, but mouths still have to be fed, and households have to be kept afloat. Now, if you find yourself rather unfamiliar with ways in which you could splash less money on everyday necessities, then look no further than here, because we are going to look into some ways in which you could prepare yourself for those everyday life situations.

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Smarter Ways To Protect Your Personal Finances

 

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It’s more important than ever to protect your personal finances in these uncertain times. Whether you earn a decent salary or minimum wage, bad financial habits always lead down the same dangerous road. On the other hand, no matter how much or how little you earn, there’s always a way to ensure you have a healthy and secure financial future if you just plan and protect your money. Taking steps to safeguard your finances before you spend them is the best way to avoid making rash and fiscally irresponsible decisions.

It’s time to make a financial plan of action. You need to think not only about what you’re going to do with your money today but what you’re going to do with it tomorrow. You most likely have a family to think about and your money needs to go some way to improve their lives. Here are some smarter ways in which you could protect your personal finances so as to ensure that you and your family members have a happier present and future.

 

Plan your expenditures.

The best way to protect your personal finances is the plan your expenditures. As mentioned in the introduction, you could avoid all manner of financial trouble by simply planning ahead when it comes to money. Look before you leap, in other words. If you want to avoid having to borrow money to make ends meet then you need to find ways to avoid overspending in the first place. If you can spend less than you earn then you won’t have to accumulate debt. Calculate your necessary expenditures so that you know how much of your earnings you need to put aside to cover those on a weekly or monthly basis. Once you’ve done that, you’ll be able to plan the rest of your expenditures (even the non-essentials) based on your remaining income.

Of course, it isn’t always enough to make a budget. Sometimes, you’ll still come up short when you’re trying to afford the bare essentials. But cutting down on luxury expenditures isn’t the only way to save money – you can save money on necessities too. Whilst you shouldn’t cut corners and start eating less or abstaining from using heating in your house, you can do a lot to reduce your costs when it comes to the important things in life. You can reduce your electricity usage by using energy-efficient appliances and insulating your home, for example. As for the weekly grocery shop, you could reduce the amount of things you buy from the store by becoming self-sufficient. You could grow your own fruit and vegetables in the garden so that you don’t have to spend a thing on the healthy essentials. The point is that you can save money by reducing the amount you spend on non-essentials but you can also reduce the amount you spend on the essentials without having to sacrifice anything.

 

Improve your health.

If you really want to save money then you should improve your health. Living healthily will help you to avoid medical bills. Heart problems can be avoided by eating well and avoiding smoking, liver problems can be avoided by reducing alcohol consumption, and dental problems can be avoided by brushing well and flossing. These are just a few examples. Still, we can’t always see health problems coming. Sometimes, no matter how healthy a life you lead, unexpected situations can arise.

And if you find yourself in an accident then the injury or illness itself is only part of the problem. You have the struggle of the medical bill to pay too. You might want to look into professionals who can give you help with medical malpractice if you feel that you’ve faced medical costs despite an error taking place whilst you were being cared for (or someone you love). The smartest way to protect your personal finances is to ensure you get the justice you deserve.

 

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Put some of your earnings aside.

Finally, if you want to be smarter with your personal finances then you need to learn to put some of your earnings aside on a regular basis. You need to pay yourself first. The best way to do this is to set up a standing order that automatically transfers a small portion of your earnings to your savings account shortly after you receive each paycheck. This will help you to avoid spending all your excess cash before you can put it aside for emergencies, the future of your children, and your retirement fund.

Making Money From Home: Some Ideas For The New Year

The new year often brings with it a month of feeling a little low. You have had all the fun and festivities of the Christmas period. Enjoying time with the family, eating all of the gorgeous prepared food, and laughing at some of the old classic Christmas movies showing on repeat on the TV. New year, of course, has its own element of fun as you toast to the next year and think about the resolutions you want to make. But then January comes, and you can start to feel a little deflated as the bills roll in from Christmas and you have that long wait for payday. However, there are some great ways you can make some money from home. I wanted to share with you what some of them are in the hope they can help you boost your income in the new year and beyond.

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Declutter your home and get selling

Christmas means that you have possibly gained a few more items for your home. It might be children’s toys, new clothes, or other things to display in your home. So it might feel like your home is feeling a little more cluttered than normal. Use this as a big opportunity to get your home in order and declutter every room. Using platforms like eBay makes selling your items online much easier. Things like old toys, clothes and other items can sell really well as people are always looking for a bargain, but it can also help people in need who may want something and just can’t afford to buy things brand new. Doing this clears your home and raises some vital cash for you in January.

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Important Things To Have A Rainy Day Fund For

No matter how careful you are, how solid your research or how meticulously you plan, sometimes life just has a way of turning around and biting you. Hard. In times like these, it’s always good to have a little extra money stashed away, so you don’t find yourself having sleepless nights worrying about bills. Below are a few life events that are worth having an emergency fund tucked away for, that you can dip into should any of these events arise.

 

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Household Hacks To Save Cash This Christmas And New Year

The holidays are here (that crept up quickly), and your mind is probably on Christmas lists, food, and visitors over the festive season. Everything can add up to an expensive time of year at Christmas, and it can be a challenge to know where and when to cut back so that you don’t head into the new year feeling short on cash. Spending a little more than usual at this time of year is inevitable, especially when you’ve got kids to consider. However, there are some changes and improvements that you can make to your family and household life, that will save your funds immediately and in the long run.

Taking some time to look over your family finances and outgoings will help you discover when and where to cut back on spending so that you can have the extra money to invest in the festivities of the season. Running a household is a full-time job, so a regular shake-up could be just what you need for a frugal and fruitful new year. The following are some tips, ideas, and advice for moms and dads who want to curb their spending so that Christmas is less stress and more celebration this year.

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Kids And Tech

Kids will always want the latest in technology; whether that’s a tablet or whatever new computer console has hit the market. However, these items are often expensive, and if you do decide to invest in something; it’s a smart idea to do your research to get a great deal. Check out internet auction sites and resellers; refurbished tech is often as good as new, and you’ll pay a fraction of the cost. A promise to get something in the new year sales is another great way to teach your kids patience, and they’ll have something to look forward to after Christmas. If you have kids who are using the internet regularly; you’ll need to ensure that their safety is a priority, but security software can be a pricey addition the home. Therefore, it’s worth checking out deals like 10% off any Qustodio plan at DontPayFull.com to grab yourself a discount on an internet essential for young members of the family. You’ll give yourself peace of mind that your kids are surfing securely, and that you’ve saved some cash in the meantime.

 

Kids And Exercise

If your kids have a bike, skateboard, or rollerblades lying in the garage gathering dust; pull them out of storage, clean them up, and encourage your little ones to utilise their stuff again. If your kids can walk, cycle, skate to school or the park in their free time; you’ll save fuel and maintenance costs on your car, and they’ll be getting regular exercise and much-needed fresh air. If your little ones get into great habits regarding exercise; they’ll enough fun-filled and inexpensive days out where they return tired and happy, and you won’t have had to fork out for the entertainment. Maybe you could get back on your bike too, and cycle into a fib=financially savvy new year.

Revealed: You Need To Start Making International Investments!

When it comes to saving money and looking after your finances, investing is one of the best things you can do. Think of it as an unconventional savings account. You put some of your money away, and wait for it to grow over time. Pick the right investments, and you will have relatively low risks, meaning you don’t have to worry about losing your money. Plus, you can earn a lot more money from investments compared to traditional saving methods.

The question everyone wants to know is what investments are the best investments? There are loads of ways to answer this, but I’m going to look at things from a different perspective to usual. Instead of talking about specific types of investments, I want to talk about international ones. Mainly; you should be making them! This refers to any type of investment in which you purchase things from a different country to your own. Why is this such a good idea? Well, read on, and you’ll find out!

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Some International Investments Are Better Value For Money

We start things off with a very big point; you can get more value for your investments if they’re international. Of course, this doesn’t apply to every investment, but it does apply to a lot. You see, different countries operate in different financial markets. As such, the cost of different assets can be a lot less than the same assets are here. Not to mention the value of the currency compared to your primary currency, meaning you can get even more value when you buy overseas.

The best example of this is with foreign property investments. There are so many countries all over the world with excellent value on the property market. If you look at places like https://rumahdijual.com/jakarta-timur/perumahan-murah, you can see countries like Indonesia have a great value property market. Portugal is another great example, with lots of villas in the Algarve being popular tourist destinations and cheap to buy. All over the world, there are countries with affordable housing, while that might not be the case back home. Consequently, investing in property overseas can be cheaper, meaning you can make more money.

There Are Loads Of Foreign Investment Opportunities Out There

A lot of people live in this mindset where they’ll only invest in domestic things. Be it stocks, property, anything; they only invest in things from their country. Why? Because they don’t want to concern themselves with international investments and foreign markets. If you get to know your domestic markets, you feel comfortable there. Eventually, you get set in your ways and don’t want to change.

However, as mentioned in this article https://www.forbes.com/sites/forbesfinancecouncil/2017/05/22/, around about half of stock market investments are foreign. So, if you only look at your own market, you’re missing out on loads of opportunities. There could be stocks and shares in other countries that are exceptional investments, and you’re completely blind to them. To hammer this point home, even more, take a look at this piece here https://www.fool.com/investing/2017/01/20/t, it shows you some of the best foreign stocks to invest in. There are some real beauties there that can help grow a decent profit from not a lot of money. It’s amazing what’s out there when you open your eyes to different investment opportunities across the globe.

Earn Money When The Domestic Market Is Bad

Generally speaking, your investments rely on the economic outlook of certain countries. If you’re only got domestic ones, then you can be negatively affected when the economy is bad. We’ve all lived through hard times before, what with the stock market crash a decade or so ago. As it illustrates here https://www.investopedia.com/ask/answers/06/marketcrash.asp, when the stock market crashes, investments can drop considerably. You can go from earning 20% on something to 10% – or worse, your investment could crash completely, and you lose money. While there are some points talked about in this article http://www.wxinvest.com/investing-bad-economy-without.html, about investing in the bad market, it’s generally not a great thing to do. More often than not, you’ll lose money on existing investments and struggle to make any good ones.

However, if you have international investments, then what happens over here doesn’t trouble you as much. If the foreign economy is nice and stable – or maybe even thriving – then you’ll continue to earn a lot of money without any worries. Adding international investments to your portfolio gives you an additional layer of safety when things are bad domestically.

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Diversification Leads To More Success

If you talk to any financial advisor, they’ll tell you that the best way to make money from your investments is to be diverse. A lot of us take this to mean we need to invest in multiple different assets – which is still a good idea. This is why a lot of banks have investment funds where you deposit money, and they invest in loads of different things for you. The more options you have, the less likely it is you’ll fail and lose your money.

But, you shouldn’t just think about diversity in this sense. You also need to take the location of your investments into account! Financial experts say it’s unwise to keep all your money tied up in domestic investments. By spreading your earnings overseas, you can have a much more diverse portfolio. You take diversity to new levels, making it even harder for you to fail.

Potential Tax Benefits

Finally, we have tax to talk about. With some investments over here, you have to pay tax on your earnings. This means you miss out on some of the money you rightfully earned with a smart investment. It can be annoying as you might need that extra cash to go towards something you’re trying to save for.

When we look at international investments, we open our eyes to international tax laws. Different countries all have different laws regarding their tax system. You might invest in some countries and find you pay way less tax than you would back home. Or, in some cases, you pay no tax at all. This could help you save a little bit of money and get the true value out of your investments.

It’s been a bit of long article today, with a lot of financial information and terms thrown at you. In the end, I hope you’ve learnt a little bit about international investments and why they’re good for you. Ultimately, they help improve the existing benefits of investing your money. It’s a really smart way of taking your disposable income and using it practically. This is far better than spending it on material things and can be better than using a normal savings account when saving for the future.

If there are two things, I want you to take away from this piece it’s that you need to invest your money, and you need to diversify internationally. I strongly suggest you go to your local bank or look for a financial advisor online to help you out. Talk to them, and they’ll give you more advice on the best foreign assets to invest in and the best countries to think about. They can also help you make the right investments using the right amount of money to remain safe.

Finally, I hope you enjoyed the piece today, and if you’re interested to read more, then check out this article here http://www.meanmommymagic.com/2017/10/saving-money-when-you-have-kids-2/. It’s all about saving money when you have kids, which I’m sure many of you will find very helpful!

Be A Savvy Startup: Save Money From The Get-Go

Starting a business is not for the fainthearted. Whereas once you were an employee, earning a good wage with excellent career prospects, you were also caught up in the rat race and eager to escape your three-hour commute every day. Now you’re turning your passion into a fully fledged money-making enterprise, and you love every second of it. However, you also have your frugal wits about you and understand the need to save every penny possible when setting foot into the big wide world of entrepreneurship. Take a look at these ideas to save you cash from the get-go.

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Overheads

If you don’t need external premises yet, don’t waste your hard earned cash trying to locate an office space. If you can work from home, at least for the initial few months, you could be saving yourself thousands in rent. You could also save money on your Internet connection, electricity bill and lighting by charging a percentage of this to your business and splitting the cost effectively for tax purposes. You may need to look into your home insurance to make sure items are covered for business use, but the savings you make using your humble abode as a workspace rather than leasing somewhere else will still see you reaping the financial rewards.

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Get Your Sherlock On: Searching For Savvy Money Saving Solutions

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Sometimes, there’s no better feeling in life than the ability to save money and make the amount you do have to go that little extra mile. It can be tough to workout sometimes, but when you do find ways to cut back or get more, you can feel on top of the world. And with the cost of living forever increasing, this is something that every mom wants to do. Saving money is sexy – or at least it should be. But sometimes, it’s hard to know how to get started. If you want to be able to make savings where possible, then you need to know how to do it. So let’s take a look at some of the solutions you should always be searching for when you shop.

 

Clipping Coupons

Up first, you should always think about clipping coupons. There’s definitely a stigma around doing this, as if it suggests that you’re poor. But that’s not always the case, because you can definitely be more of a savvy shopper when you clip coupons. However, you have to be smart with them. Clipping coupons for things you don’t use can encourage you spend unnecessarily. So you need to make sure that you’re only collecting coupons that you’re going to use.

 

Getting Cashback

Whenever you shop online, you should think about using cashback websites. You’ll earn a certain percentage back on whatever you spend. Again, as long as you’re careful not to get sucked into buying things just to get the cashback, this can be a smart way to both save money and earn it in the long run. Because you’re going to get money back for things you were going to buy anyway – and what can be better than that? [Read more…]

So You Want To Start A Business? Save Money By Planning Ahead

If you’ve made up your mind to try and run your own business, then now is a pretty exciting time in your life. It’s easy to get carried away and start taking on more than you need to in the beginning though. And it’s even easier to lose track of everything that needs to be done to make sure your business can run smoothly. Fortunately, you’re a mommy, so you have all the skills you need to get going:

 

Business Premises

When you start a business, you might be thinking of working from home. The trouble is, not all businesses can be run this way. Chances are you need a dedicated workspace or formal business premises. This will need regular maintenance and cleaning. If you look at websites like www.alltex-plumbing.com, you’ll see that commercial servicing contracts can save you money and reduce the risk of big repair bills in the future. It’s worth getting all of your essential services in place. You’ll know what your ongoing costs are so you can budget effectively.

 

Employees

You might not want the cost of employees immediately. After all, it is a big commitment! Instead, you might ask friends and family to help. You still need to protect anybody on your premises or connected with your business. Make sure you follow local laws and regulations and have adequate insurance coverage. When you’re ready to start a formal recruitment process, plan your budget carefully. Make sure you can meet all the taxes and benefits that you will have to pay.

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