Tag Archives: saving money

How To Better Protect Your Money

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How To Better Protect Your Money

If you want a secure life, then you need to look after your money. Money buys security and can prevent you from a lot of stress and worry. It is not a good feeling wondering if you can pay the heating bill this winter. As we get older, this security is ever more needed. We are going to have to retire with no real set income coming in and making do with the money we protected in our youth. So, let’s discover a few ways we can protect our money better:

Get Out of Debt:

If you have debts, then you must get out of debt and stay out of it too. There is nothing worse for your finances than paying interest rates. This is a great way to have nothing. If you can, contact your creditors and increase your payments to get rid of the debt as fast as possible. For some of you, it may be wise to enlist the help of a financial planner. You may be able to consolidate all your debts to make them far easier to understand and more manageable. 

Learn to Live Within your Means:

A lot of people spend more than their wages every month, which means they dip into their overdraft. If this is a continual thing, you will end up further and further into your overdraft and this leads to debt. It is not like a mortgage where you will have something at the end of it, it is simply wasted money. So, you need to start living within your means. There are many methods to do this. First, you need to become more financially aware so you need to track your spending better. You can download a banking app if you have not done this already and keep an eye on your balance. You can even set alerts to message you when your account is running low. Other methods include disabling the contactless feature on your bank card, trying to save your income that is not used for essentials, and only using a set amount for spending cash. You also need to learn how to practice delayed gratification. Instead of caving into your urges to buy something, you need to wait and see if you still want it in thirty days or once you have saved the cash for it.

Invest:

Investing wisely is one of the best ways to protect your money. Unlike savings, you can actually invest and keep up with inflation. One of the best ways to do this is invest in property. Buying your own home is wise. It can actuary end up being a lot cheaper than renting. A dual occupancy home from Meadan Homes, for example, allows you to rent out part of your home and make money on it too. Other ways to invest are with bonds, either corporate or government, the stock market, and collectibles. Investing in yourself is another great one, meaning paying for a higher education. You can do things like side hustles too, which is essentially running your own business and giving you valuable experience.

Spending money is an obvious part of life but you need to be smart about it to keep increasing your savings. Get started with the tips above today!

Featured Image By: Pixabay

Black Friday Shopping Pro Tips

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Black Friday Shopping Pro Tips

Hello!! I can hardly believe that it is Thanksgiving this week and, of course, with Thanksgiving comes Black Friday. I have actually never shopped during Black Friday before. However, I worked retail for about five years and have five insane Black Fridays under my belt to show for it. During this time, I acquired a lot of pro tips for a successful Black Friday so keep these in mind when you set out for your day of shopping:

Check The Store Hours:

This might seem like a no brainer but it needs to be said since so many stores have updated their Thanksgiving/Black Friday hours in the past few years. A lot of places are no longer open during Thanksgiving evening and that is a wonderful thing. But, you will need to know the store opening and closing times to go about planning your day. This way, you can stagger your shopping and pencil in driving/waiting time if, for example, Target opens at midnight on Friday and Best Buy opens at two AM.

Have A Plan A, B, & C:

A ton of people are very serious Black Friday shoppers and the chances are high that you won’t walk away with everything on your shopping list. This is why it is a MUST to have a plan B and C in place for the items you want that are no longer available. It will also save you the time and frustration of scrambling on the spot to find something else.

Maximize Efficiency:

If you have never shopped or worked Black Friday, you can only imagine how crazy it really is. Jam packed stores, frazzled employees, and picked over inventory are all things that can slow your shopping down. If you know that you are going to need help from an employee, you can help them too! Have pictures of what you want pulled up on your phone or printed out so you can get an immediate yes or no on if it’s still available and where it would be in the store.

Fuel Up/Hydrate:

Crowded stores will get incredibly stuffy really quickly all over top of the fast paced atmosphere of the day. I don’t think I have to spell it out for you why a fall or other medical emergency is dangerous on Black Friday! For that reason, it is so important to make sure you have ate and are properly hydrated. Keep water bottles on hand and snacks in the car and do make sure you make a reservation at a restaurant if you plan on eating out so you know you will have a table.

Just So You Know:

So many people think that once Saturday rolls around, the Black Friday deals are simply over and that is not the case. SO many stores continue to offer Black Friday prices and promotions for several days after the fact. While Black Saturday doesn’t have the same ring as Black Friday, you are more than likely still going to receive a deal. Speaking of deals, remember that you might not be able to use coupons or rewards perks on top of a Black Friday deal so do your research to see which option will save you the most money.

Finally…

This is the time of the year when stores are hiring seasonal workers and a lot of them might not have much retail experience. In fact, Black Friday was one of my first shifts at fifteen and a half. Please keep this in mind and keep your cool because the day is already stressful enough for an employee without getting yelled at by angry customers too. If you think you could do a better job, then put on a name tag and get to work! 🙂

Shop smart on Black Friday with the tips above so you can walk away with something for everyone on your list… And maybe something for yourself too! 😀

Have you ever shopped or worked on Black Friday before? What was your experience like? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

Crunch Time Holiday Shopping Tips

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Crunch Time Holiday Shopping Tips

Hello!! I have a huge amount of people on my holiday gift list and I began doing my shopping around the end of August. Because I always allow myself an early start for Christmas present purchasing, I consider now to be my “crunch time” moment – even if we’re not even halfway through November! I consider it a GREAT SUCCESS when all of my shopping is done by early December and I am well on my way to achieving it. To help me out in the fourth quarter, I have been utilizing these tips:

Stop, Look, and Listen:

The information you can get from your giftees simply by listening to them is amazing. For example, my dad volunteered to me the other day that one of his bird baths broke when we were watching his bird feeders from the window. BOOM, that’s one gift down. If gift info isn’t being given freely, you can ask prompting questions or tell stories to get more intel without being super obvious. For example: “Do you ever feel like everything in your house isn’t working?” This could give you a whole litany of things needed from a busted coffee pot to hiring a maid service for the day. Sometimes, it takes some good old fashioned detective work to figure out the perfect present!

Gift Cards Galore:

I have never understood why people call gift cards a “thoughtless” gift because nine out of ten people (Including myself!) freaking love them. Gift cards are great because you can buy exactly what you want and still think of the person who gave you the card. Not to mention that gift card purchases can be beneficial to you too. At my grocery store, Giant Eagle, they have every gift card under the sun available and it gives me rewards points towards my next grocery order. This is all the better if you buy your gift cards during a double or triple point day.

Survey Sites:

I have been a faithful user of the survey site InboxDollars for years. The work is slow going but every couple of months, I get a ten dollar Amazon gift card for my trouble. While this isn’t a huge win, every little bit helps and I always put those earnings towards gift shopping. If you are running low on holiday shopping cash, a couple of days doing surveys or whatever the website is offering like playing games or watching videos can give you a helping hand.

Homemade Gifts:

My favorite gifts of all are homemade ones and there are so many options that are probably cheaper than what you planned on purchasing. I, personally, love receiving Mason jars that are filled with the ingredients to make cookies or soup. Or, if you’re skilled in the kitchen, you could make a tray of holiday treats for your giftees. Paintings, crocheted or knitted accessories, or services like shoveling snow from the driveway won’t cost you anything but your time and will be very well received.

Shop Wisely:

While it can be tempting to wait until Black Friday deals to shop, it can also be a double edged sword. Yes, you might be paying less but what you really want for someone might not be available anymore. This is all up to your discretion but do so wisely. You want to give yourself ample time for presents to be shipped to you as well as time to make an exchange if the item is damaged or not what you wanted. If you have deals on your mind, it might be helpful to use the Honey or Capital One shopping apps so you know that you are always getting the best price for your purchase.

In my world, the Christmas countdown is on and I am SO ready to be done shopping lol. These are the tips that I have been using and it works for me so, hopefully, they will work for all of you too. Happy shopping!

Are you a last minute or early holiday shopper? What homemade gifts do you like to give? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

3 Ways To Save On Your Heating Bill

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3 Ways To Save On Your Heating Bill

Staying comfortable and warm in the winter doesn’t have to cost an arm and a leg. There are several tips and tricks to keep your energy bill as low as the winter temperatures outside! Here are a few ways to keep you cozy and snug all season without ruining your holiday shopping budget:

Consider How You Use Your Heating:

Prices go up and down because the oil market isn’t stable. This hurts many people who heat their homes with gas in the winter. Even though it’s feasible that rates will go down if the oil price goes down, it’s much more likely that they will go up. So, making the switch to electricity could save you money right away.

If you want to make big changes to your heating, you will need to buy a lot of new equipment. But saving money over time is a financial benefit that more than makes up for the cost at first. Electric radiator prices vary from shop to shop and don’t forget to add in how much it will cost to have a professional install them. Find out how to heat your house in the most efficient way. It may be tempting to choose a smaller heater because it costs less, but will it actually heat the whole room? Each size of the radiator can only heat a certain size of the room, so radiators for bigger rooms need to be bigger.

Looking After The System:

People who use gas furnaces or heating, ventilation, and air conditioning (HVAC) systems need to have them checked and fixed regularly. Making an appointment with your heating company every fall is the best thing to do. Technicians carefully check the equipment to make sure it is running as well as it can. Normal wear and tear is fixed, along with any basic maintenance problems that come up. This keeps them from getting worse and making future repairs more expensive. Make sure you call a company to arrange hvac maintenance before winter hits.

When you take better care of your heating system in advance, it will work when the first cooler fronts come. So, you won’t have to pay more for power stations because your hardware is broken or not working. Don’t wait until winter to try out your heating system because heating companies will be hectic and it might take a while to get a service call scheduled.

Check The Insulation:

To keep your heating bill as affordable as possible, it’s crucial to keep warm air inside and stop cold air from coming in. When there is too much airflow between the interior and exterior of your home, your heating system has to work harder to maintain the temperature. If the house has good insulation, this might not happen. A lot of energy can be saved when the roof and walls of a house are insulated. A professional installer can save you several hundred dollars on your energy bills when you use your heating or cooling system.

You can also keep your house warm with cost free fixes. First, make sure all of the doors and windows close tightly. Repairing cracks in the roof will also be most helpful. Glass also helps heat through so on sunny days, people should open their curtains and drapes to let heat into their homes. Close the curtains and drapes at night to keep warm air from escaping through the windows.

Keep your house warm with the tips above and save big when the dreaded bill comes every month!

Featured Image By: Mikhail Nilov at Pexels

Top Tips For Renovating Your House On a Budget

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Top Tips For Renovating Your House On a Budget

Research reveals that home remodeling searches have more than doubled, especially between 2020 and 2021. Renovating your home can be exciting, but it also requires a lot of planning to make it successful. One major challenge during house renovations is how to make changes while staying within budget. Let’s explore some ideas of how to achieve your renovation goals while being budget friendly:

Have a plan:

One of the most crucial things you’ll need to do to keep renovation costs low is to have a well thought out strategy and follow it as closely as possible. It’s best to draw up a budget before you start renovating to give you an idea of the items you need to prioritize. Doing this will also guide you in comparing prices before you buy any materials for the renovations so you can identify the ones that work best for you. If your budget is stretched thin, you can choose to do the renovations gradually instead of doing everything at once.

Planning will also help you set realistic timelines to achieve your renovation plans. It will also help you prepare for unforeseen circumstances that may delay your project, such as unavailability of materials, longer time to finish a particular aspect of the renovations, and so on.

Research:

Researching is necessary for the renovation of your home. It will inform your decision on the items you need for your project. Conducting thorough research will also help you know if you’ll need to bring any professionals on board to assist you and identify the best options available. If you’re in or around the Putnam County area and need to replace some doors and windows in your home, you can start preparing for it by researching here.

Get creative with your exterior:

You can think about adding a few touches to your exterior to make it more inviting without breaking the bank. You can do this by repainting your door or replacing the doorknobs and hinges. You may also consider exploring colors that complement your home’s interior for maximum effect. Small changes can make a world of difference!

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Explore DIY tricks:

Home renovations can provide the perfect opportunity to test your DIY skills. To save money, you can consider performing less demanding tasks yourself, like painting the walls. Apart from that, doing the work yourself gives you the chance to be hands on in making your renovation dream a reality, leading to a sense of fulfillment. So, why not challenge yourself and identify which aspects of the renovation you can do? Remember to be safety conscious by wearing the right safety gear and reading instructions to prevent injuries.

The above tips will make your renovations as rewarding as possible without taking a huge toll on your finances. Enjoy your dream home!

Featured Image By: Pexels

Early Holiday Shopping Pro Tips

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Early Holiday Shopping Pro Tips

Hello! While Halloween is always at the forefront of my mind, it is never too early to think about Christmas! In fact, I have already began crossing a few people off of my shopping list and it is a necessary feat – I have a lot of giftees. Beginning the process of holiday shopping early prevents you from having a huge bill come December. These money saving tips and other clever hints will also help the cause:

Make the most of seasonal sales:

If you are looking for seasonal deals, then right now is the perfect time to do some shopping – especially if your giftee is a fan of summer. To ring in the changing season, summer clothing, outdoor activities, pool floats, and gardening/grilling gear will all be discounted. Why pay more later when you can just pay less right now? Similarly, if you have a lover of fall in the family, November is a great time to shop for them as fall items will be discounted to welcome the winter.

Stockpile points:

I buy everything exclusively with my Amazon credit card and each purchase gives me money to spend online. Rather than use my points for every random Amazon order, I have began stockpiling points and I can’t believe I haven’t done this sooner. I got a gift for my husband and best friend completely free of charge. There is nothing better than checking an item off of your list and getting it for free to boot!

Sales are your friend:

This should go without saying but it needs repeating. If you see something on sale that a giftee would love, then go for it. If you hold off, then chances are that the item will be sold out or you will have to buy it at full price later. I saved over one hundred dollars by shopping a sale at Old Navy to get some Halloween themed pajamas for Johnny. If you are concerned that the sale price will drop lower, talk to a store employee. Many stores offer a grace period after your purchase to do an adjustment if the price drops again.

Shop local:

If you have grown bored of shopping at local chain stores, then try your hand at shopping locally or through Etsy. You will walk away with a one of a kind piece and you will be sure that your giftee doesn’t have it already. For example, my best friend and I have been celebrating fourteen years of birthdays and Christmases. We have gone through every common gift option possible and I decided to break that cycle by buying her some art from Falcon Grove Studios for her birthday. The paintings were beautiful, supported a local artist, and she absolutely loved them.

Become a rewards member:

While the constant emails from stores that you have a rewards membership through are annoying, they can be very helpful. Lots of stores offer perks for their rewards customers including additional discounts, free shipping, double point days, and free product. As already stated, sales are your friend and if you can get even more of a discount, then why not? I have a stockpile of free Bath & Body Works products that I use as add on gifts simply because I’m a rewards member!

Store your gifts safely:

Getting a head start on holiday shopping means that you are going to have to hang on to your purchases for a while. To avoid clutter, clear out a designated space at home to store your gifts. The place you choose should be safe from prying eyes, pets, and areas that could be prone to water damage or pests. It would be a shame for your gift to get ruined before you even have a chance to give it!

It might be September, but I have already been bit by the Christmas bug and that is fine by me. Come December, I will be sipping hot chocolate and watching Elf with zero pressure of last minute gifts!

Are you an early or last minute gift buyer? When do you usually start your holiday shopping? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

Curbside Shopping Pro Tips

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Curbside Shopping Pro Tips

Hello! Since the COVID-19 pandemic, Johnny and I have still been using curbside pickup to do our grocery shopping and it is, honestly, the best. I definitely don’t miss squeezing in grocery shopping during my free time, hauling around a big cart, and playing Tetris with all of my purchases to load in the car. I also love any type of online shopping so it’s kind of fun too even if it isn’t scouring the shoe selection on TJMaxx’s website!

Curbside shopping saves time and I know for a fact that I’ve saved money from it too so I thought that I would share some of my pro tips today for the next time you shop curbside:

Plan Your Menu:

Like many, the first thing that I do before I begin my shopping is plan what I would like to cook for dinner. This includes looking over my saved pins on Pinterest, revisiting old favorite recipes, and coming up with new ideas in my head. I make a list of the dinner items that I need and those are usually the last things that I add to my cart because I can just type in what I want into the curbside search bar.

Evaluate What You Already Have:

The beauty of online grocery shopping is that you can consult your fridge, freezer, and pantry while placing your order to see if you already have something that you plan on buying. I can’t tell you the amount of times I’ve done in store grocery shopping and returned home with something that was hiding in a nook or cranny! When I’m shopping curbside, I am always double checking what I already have so that I don’t have to pay for it twice.

Promotions/E-Coupons:

I buy my groceries at Giant Eagle and their store ad and E-coupons are conveniently located on the same site to shop curbside. You can also see the promotions running on each item while you’re shopping. Before my shopping, I’ll clip any coupons that I might need and check the ad for any good deals. To be honest, the E-coupons tend to leave a lot to be desired because it’s money off of items that I don’t need (baby care, pet care, etc.) but I have saved money from them on occasion.

Like many grocery stores, Giant Eagle has a rewards card where you earn money off of your next purchase or at the gas station when you spend money. If your grocery store has something similar, I can’t recommend signing up for their emails enough. Although emails from stores can be annoying, you will be notified of when you can earn some extra savings.

For example, Giant Eagle will do double points days and sometimes even five times the amount you earn on your next purchase. The last time I went to the store for some odds and ends was on a five times perk day and I ended up getting close to fourteen dollars in free money. My perks total resulted in forty-five dollars off during my last curbside order!

Double Check Your Cart:

When shopping in store, it’s almost impossible to go through a full cart and remove what you decide you don’t need. This is, of course, not the case with curbside and you can go through your cart at any time to add or remove items. After I have shopped through all of the categories, I will go through my cart at least two times and begin to dwindle down my order. It’s so nice to be able to see what you already have right in front of you, be able to look through what you have at home, and add or remove as needed. I never end up buying everything that was originally added into my cart which is a definite money saver.

At Giant Eagle, you can add or remove items into your cart up until your curbside shopper begins working on your order. This is also great because how many times have you returned home from the store to realize you didn’t get something that you needed! Make sure you find out the rules for your store so when you realize you need something at the last minute you can get it.

Remember:

While your curbside shopper is working on your order, you will communicate over text message if an item is unavailable or if there is a suitable replacement. The shopper will typically send you a picture of the replacement item so don’t forget to turn your data on if needed. The first time I shopped curbside with my smartphone, I didn’t realize I wouldn’t receive pictures from a non-iPhone without my data being turned on so I never got the pictures that were being sent. Whoops!

In my opinion, curbside shopping is the way to go when it comes to your groceries. I used to dread my trips to the grocery store but now I always find myself looking forward to my next curbside order!

Do you prefer in store or online grocery shopping? What is on your dinner menu this week? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

4 Tips For Creating An Eco-Friendly Household   

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4 Tips For Creating An Eco-Friendly Household   

With increasing concerns about the environment, many are finding ways to take action so they can help save mother Earth. This includes looking into ways to be more aware of how they can help, what companies are doing, how to buy, how to better recycle, and being energy-efficient at home. The smallest of changes can make a massive difference if it’s all combined!

Not only are these changes great for the environment, but it’s also good for your wallet too. There is this idea that you need to be rich in order to be sustainable but that’s far from the case. Living a sustainable lifestyle can not only be incredibly cheap, but it can save you a lot of money each year. These are some ways that you can create a more eco-friendly space right at home:

Check to see if there are any cracks that need to be sealed:

You want to make sure that your home is well insulated, especially during the colder months. Right before fall or winter hits, you’ll want to do a thorough inspection at home to see if there are any cracks that need to be sealed up in your doorways, window seals, vents. It’s also best to take a look at your doors and windows to see how energy efficient they are. Something such as a bend window is known for being majorly energy-efficient and those can save you a lot of money each year in electricity. Sealing up your cracks and changing out the doors and windows are also great for boosting your property value as well.

Take a look at energy-efficient swaps at home:

There are plenty of appliances that can be swapped out for something more efficient. This can include checking out bathroom appliances such as low-flow toilets, showers, and sinks but it can go far beyond that as well. Did you know that your light bulbs could save you money? There are plenty of energy-efficient light bulbs on the market that can help you out. Even looking into Star Energy appliances for your kitchen or laundry room can make a massive impact.

Buy secondhand:

One way to avoid getting things thrown into a landfill would be to check the secondhand market first such as visiting flea markets, thrift shops, and going on websites such as Craigslist, eBay, or even Facebook Marketplace. If you’re unable to find a secondhand version of the product you’re looking for, then you can buy it brand new. We all know that the secondhand option will be much cheaper!

Start a garden:

Even modern apartments will have a space to do some gardening. Gardening is not only a way to save on groceries, but improving that green thumb of yours can help offset your carbon footprint. Having a garden is wonderful for bees and other pollinators such as butterflies too. There are so many perks to having a garden, that it can even boost the curb appeal of your property.

But what if you don’t have space for a garden? What if you don’t have a lawn? Even if you don’t have adequate spacing, you can make room for growing some produce or flowers. Many apartments will have balconies or a large table will do too. Your plants don’t necessarily need to be outside in order to thrive. If you have some space next to a window, that will be just as adequate.

Helping the environment and saving some money is the ultimate win/win and there is no better time than the present to get started!

Featured Image By: Unsplash

Getting By In Money & Mindset: 3 Methods To Incorporate

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Getting By In Money & Mindset: 3 Methods To Incorporate

It is not easy in the slightest to get by in the modern world. But whether you are trying to make extra money through numerous practices, or you are consciously trying to downgrade your life, there are so many different approaches that you could take to get by. Let’s show you a number of practices that could prove beneficial, and how you could use them:

Method One: Embracing a Minimalist Mindset

Minimalism has become very popular, not least because it can help you to make the most of very little. A lot of people are talking about minimalism as an antidote to what the modern world offers. If this appeals to you, you could sell your house quickly through companies like Offer Pear and start to live a more off the grid lifestyle. Being minimalist has a number of benefits for our mental health. We live in a world dominated by stuff. It seems that if we have to get ahead, we need more stuff, which means more money. A minimalist mindset means that you are effectively training yourself to get by with less.

Method Two: Becoming a “Slashie”

Also known as a portfolio career, this is where someone will make multiple income streams from different careers. A relatively new term, however, it appears to be essential to get by. Over the last couple of years, people have found that living off one income stream is not enough. Therefore, they’ve had to find ways to achieve extra income. There are naturally many approaches to doing this. If you already have a full time job, you may find having an extra part time role on top of what you do sufficient enough to help you live the lifestyle you want. But it is important to be aware that this approach can be difficult to maintain, depending on what your lifestyle entails.

Parents will struggle to maintain this approach if they don’t go about it in the right way. This is partly why many people try to find passive income streams. This is another very popular approach, but one of the downfalls of going with a popular approach to earning money means that it is already over saturated. If you want to become a slashie, the most important thing to consider is doing it in a way that doesn’t cause you to burn out. Many people feel that they need to maintain their lifestyles, and despite rising prices, rather than reappraising everything they have, they find they need to work more. The result? More stress, anxiety, and a whole slew of health problems! But, that being said, if you want to go down this route, the best approach is to do things that will actually make you happy and fulfilled.

Method Three: Addressing Your Expenditure and Income

Part of the problem in getting by in the modern world is that we believe that we need to earn more to maintain a current lifestyle. We’ve already talked about the importance of becoming a minimalist, but this may not be for everyone. You may think that your income is the first thing to address, but you need to look at what your income is actually going towards. If what is coming into your account is going out straight away, you need to look at the things you’re spending your money on.

One of the simplest things we can all do is to make a couple of downgrades. There are plenty of things that we can do for free, but rather than actually thinking we’ve got to completely get rid of everything to live a better life, it is about playing the odds and the balances. You can still go out for meals with your friends, as long as you find other ways to cut back on your day to day life. A very common example is daily takeaway coffee. If you opt for a homemade coffee, you will see how much this adds up.

These three methods can work together in tandem whether you are looking to save up for a big purchase or just cushioning your savings. The most important thing is to keep your mental health in check to avoid burn out. It is always okay to treat yourself!

Featured Image By: Pixabay

Simple Ways To Cut Down Home Ownership Expenses

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Simple Ways To Cut Down Home Ownership Expenses

Owning a home is a significant investment move. But, unfortunately, the costs involved do not end after your final payment. Whether you paid fully for your home or working with a mortgage, you will still face various home ownership expenses. Some of these are pretty much predictable, while others can take you by surprise. And unless you already have some financial cushioning, these expenses can be a source of stress. So, are you drowning under these waves of home ownership expenses? Use these tips to cut down on how much you spend:

Switch utility and insurance providers:

Suppose you’ve used the same home insurance company, utility provider, or electric company for over a year. In that case, it’s time to shop the market for alternatives, as you may be overpaying at this point. You will be pleasantly surprised by how much utility providers and home insurance providers vary in their price range. Take the time to check other providers and compare their prices and other special offers they may have, and settle for the ones that give you the best deal in terms of service and price.

Try refinancing your mortgage loan:

If you have a mortgage on your property and it’s eating chunks off your income, then you might want to consider refinancing. Thankfully, getting a refinance mortgage quote is easy, as you can do it online. According to some experts, the average interest rate on a fixed-rate loan for 30 years is 3.14%. So, if your current rate is even a fraction higher than that, opting for a mortgage refinancing could help save you hundreds of dollars every month.

You can also speak with a mortgage broker to determine what rate you can qualify for if you refinance or get a refinance mortgage quote online. However, you need to note that refinancing may come with some fees. So, be sure that you intend to own your home long enough to recoup the expenses saved.

Generate income from your home:

An effective way to reduce your expenses is to generate income from your property. Depending on where you are, the size of your home, or your special interests, various options are available to you. One option is to rent out rooms in your home. You can also rent out spaces in your yard for small home dwellers looking for land space for their tiny homes. Another option is to register for short stay hospitality services like Airbnb or rent out storage space in your garage.

Find out if you can reduce your property taxes:

There is always a chance that your property tax is not being assessed correctly. And that’s not all, as you can also enjoy tax breaks for various reasons. Property tax is probably one of your most significant expenses as a homeowner, so it pays to find if there are tax breaks for you or if you’re overpaying.

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Saving money where you can when it comes to your home will save you lots of stress in the long run. These extra savings will sure come in handy for home ownership surprise expenses that can’t be avoided!

Featured Image By: Pexels