Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Sunday, December 31, 2017

10 Frugal Living Goals You Should Be Making This Year


While everyone should be a frugal lifer, a lot of people struggle to do so. Life happens and you end up spending more money than you want to. You are busy and money just flies out the window. A good deal of living frugally is planning ahead and having goals. What do you want to accomplish financially? In what areas do you want to save money? How can you simply your life to spend less money? Only you can answer those questions, but let me help you set some frugal living goals for the next year!

10 Frugal Living Goals You Should Be Making This Year

1. Learn new things to cook from scratch. You can save so much money on your grocery bill by cooking from scratch. Processed food and eating out is so expensive even with a good deal or a special. Learn to make things from scratch and you will also improve your own health as well.


2. Find new ways to save money. When you are a frugal lifer, this can be hard. You think you already know and have found all the ways to save money, but I can almost guarantee you that you can find more. It can be tough, but I am sure you already know of more ways to save money.


3. Have a no-spend week each month or a no-spend month twice a year. I think these are really healthy for a frugal living lifestyle because they force you to really think about if you need something or you just want it. You also are forced to eat what you have at home, be less wasteful, and make do with what you have.


4. Ask yourself if you really need to buy something. Do you really need it or do you have something that will do? How long can you wait before you buy it? Implement a 3, 7, or 14 day waiting period before buying something other than groceries and household necessities. Sometimes you can find something at home that works just as well or you will find out that you don't really need it.


5. Challenge yourself to buy all your clothes used. You can make exceptions like underwear and socks if you want to, but honestly I have found those brand new, in package or store tags still on, at the thrift store too.


6. Limit your monetary pleasures. Are you eating out a lot more than once a week or once a month? Are you getting massages, manicures, or pedicures every month? Do you shop just to shop? Do you stop at the convenience store for a candy bar everyday. We all have something that we waste money on in the name of treating ourselves. A little pleasure is always a good thing, but is there a way you can do that and not spend money?


7. Do you have an emergency fund? If not, you should start one. Everyone should have an emergency fund of at least $1000 to cover those kind of expenses. If you have one already, what can you do to double it? Ideally, your emergency fund should be able to cover 3-6 months of your normal income in case you lose your job or get injured for some reason.


8. Are you out of debt? If you are, great! If not, what can you do this year to get out of debt or lessen the burden? Can you cut back on your expenses more to pay down your debt? Can you find other ways to make money to pay down your debt?


9. Organize your things and make an inventory of what you have. Seriously, so much money is wasted because we don't know what we have. We have food in the kitchen and in our pantries that goes to waste. We have more things in our closets than we will ever use. We buy batteries because we can't find the package bought a month ago (for example). Take stock of what you have and organize your things.


10. Make a budget or review your budget. This can be the hardest things about being a frugal lifer. I really have trouble sticking to a budget because of unplanned expenses. After something upsets my budget, I lose hope and focus. However, this is the year I need to start. I want you to start your budget too if you don't have one. If you do have one, this is a great time to sit down and review your budget. Are there any increased expenses? Can you save more? Can you pay down more debt? Can you put more in retirement? Work on your budget today!


What frugal living goals do you have for this upcoming year?

Thanks for reading,
Erica

Sunday, December 10, 2017

12 Reasons Why You Should Be Thrift Shopping!


Long before thrift shopping was cool, I was doing it to stretch my budget and because I just couldn't afford new things. In fact, my parents did the same thing! I grew up on hand-me-downs until I outgrew my cousin's clothes. Almost all my books came from used bookstores and the library. We went to auctions and garage sales. My parents needed to stretch their pennies too!

Now thrift shopping is cool. Thrift stores are gaining popularity as are the "for sale" or "garage sale" groups on Facebook. Craigslist is still going strong and eBay is still a great place to unload your used but still in great condition goods. Consignment shops are still a good place to buy and unload your good condition goods (and make a little extra money!). Garage sales are still fun places to shop!

I have a lot of fun thrift shopping as long as I don't go overboard. I want you all to be thrift shoppers too. If you are, but know someone who should be, show them this post!

12 Reasons Why You Should Be Thrift Shopping!

1. Thrift shopping is sustainable. If you are even a little bit concerned about our planet, you know there are way too many goods being produced today. More than can be used actually, but people still demand and buy them. By buying used, you are breaking that cycle and keeping perfectly good things from going to the landfill. To keep the sustainability cycle going, you should use those used goods until they are completely worn out or pass them on to someone who can use it. 

2. You are a non-consumer. As stated in #1, you are breaking the consumerism cycle. When you purchase something used, you are a non-consumer. You are not buying something new. You are not supporting the mass merchandisers. You are not succumbing to advertising telling you need something new. You are using what someone doesn't need anymore and you are not supporting people who have no interest in your local economy.

3. Thrift shopping supports your local economy! Whether you buy something from a used goods store or a person, your money stays right in that area. Your money isn't going to some big corporation who cares very little about you. Your money is going to a local organization (except Goodwill) or people who will in turn spend that money locally. 

4. Why buy new when used will do? This phrase is attributed to a certain person, but honestly it has been around awhile. Why? Because it is true! Used is just as good as new in most situations. Most of my clothes and my kids' clothes were used growing up. We got new things for gifts at birthdays and holidays, but otherwise they were used. Even when they were in high school, we regularly found almost new and new clothes for them at the thrift store. I still buy almost all of my clothes used because you can't beat the prices!

5. You save money! Doesn't everyone like to save money? You can outfit an apartment or a house for hundreds of dollars cheaper than buying new. Does buying used things gross you out? Wash them once and get over it. You are saving money! 

6. If you have kids, you are teaching them frugality. My kids liked to go to the thrift stores and garage sales growing up. They still do even as teenagers and young adults. They also have found a lot of great things there. They learned one way of being frugal and they learned that used things were not gross. The younger they learn that, the better.

7. You will find brand new things while thrift shopping. Honestly, this is the best. People are often too lazy to return something to the store or cannot return it so they will just donate it to the thrift store or sell on a garage sale. Their loss is your gain because, most of the time, you will get it for only a few dollars. Score!

8. Anyone can thrift shop! And I do mean anyone. Some of the most financially stable people I know are avid used goods shoppers. They love a good deal and refuse to pay full price. Let's take some tips from those people, shall we? You can be a prepper, homesteader, parent, retiree, single, married, young, old, rich, poor, and anything else you can identify with. Anyone can be a thrift shopper!

9. You can find really good presents while thrift shopping. I have found a lot of presents while thrift shopping. Books that look brand new. Clothes with tags still on them. Sets of dishes still in the original sealed box. Candle sticks and vases because I know people that collect them. You get the hint. Start your gift shopping at the thrift store or online consignment sites and go from there. 

10. Once you start, you won't be able to stop. I know that sounds pompous, but it is true. The idea you will be saving money and scoring some really good stuff is addicting. When you realize you can do this all the time, you will be hooked!

11. The inventory is always changing. If you can't find what you are looking for one day, wait a few days and come back to the store/check again online. More than likely, you will find what you want at a price that is reasonable or cheap. 

12. Thrift stores have sales too. They get a lot of things donated or consigned to them. They often do not have the storage for these things so they run sales. Our local stores often run a buy 1 get 1 free or buy 2 get one free sales. They also have bag sales where a bag of goods is five dollars no matter what you have in the bag. I know other thrift stores will have 50% off sales and more. Keep your eyes open and you will find even better deals at the thrift stores. 

Thrift shopping is fun! The pursuit can be challenging at times, but the results are usually worth it. Just know, even with thrift shopping, you need to be mindful of your budget and not get crazy while shopping. Sometimes, people will buy whatever they want because it is a good deal, but they still overspend. 

What is your favorite thing to buy in the thrift store?

Thanks for reading,
Erica


Monday, December 26, 2016

How To Start Saving Money For Next Christmas


What do you mean next Christmas? Christmas was, like, yesterday!

I know, I know. However, now is the time to set your budget for next Christmas and to start saving money for it. You know how much you spent on gifts, food, entertainment, and all the little extras. If you don't know, now is a good time to find the receipts and add them up. 

Now that you might be in shock over how much you spent, you need to take the time now to come up with a plan for next year. My goal is to pay cash or have the money in my checking account to pay for Christmas. I start early buying gifts so I can spread out the spending more. Saving money now allows me to start buying early because I have the money already saved.

If you were forced to use credit cards to pay for Christmas this year, this plan is for you too. Pay off those credit cards as quickly as possible and start putting some money away for next Christmas. If you used credit cards for the points and cash backs and can pay them off right away, that last little bit was directed at you. I understand using credit cards for those sort of things. Just be able to pay them off right away, okay?

Saving money for next Christmas can be painless, but might also require a little sacrifice of time, money, and giving up a guilty pleasure or two. You are trying to not stress about how to pay for Christmas when December rolls around. You want to give the best Christmas you can reasonably afford to. This is how you can do that. 

How To Start Saving Money For Next Christmas:

1. Set a budget! Look at how much you spent for this previous Christmas. Did you spend more than you thought? Were there some surprises you were not anticipating? Do you or your significant other like to go overboard with the gifts? Now is the time to look at these things. 

You can set your budget according to what you spent this year. If you thought you spent way too much, set a specific dollar amount you will spend on the kids, grandkids, parents, and everyone else that you bought for. If you know that you will have to chip in on a gift for the boss or a coach, figure that in. Then set a budget for food, the extras, and entertainment. 

For the rest of the steps, my estimated budget is $1000 (which is close, but I using this amount for figuring the rest of the steps). 

2. Come up with a savings plan. You know how many paychecks you will have between now and next Christmas. In my case, exactly 26 paychecks will happen. How much can you spare from your budget to save for next Christmas? I know I can usually spare $25 a pay period (and that is being stingy). At roughly $50 a month, I will be saving $600. 

An easy way to make sure the money is being saved is to have it automatically taken out of your account and put directly into a savings account. You can do this by having it direct deposited from your paycheck or setting up an automatic transfer with your bank. If you have good self-discipline, you can do the transferring yourself. 

Some people prefer to save money as cash and to use cash. You can still withdraw the money every pay period and put in an envelope marked for Christmas. If you think you might have trouble with spending it on other things, put it somewhere safe in the house and not in your purse/wallet. Otherwise, leave it with a trusted family member or friend who will also not spend it for you.

3. Figure out how to make up the deficit. If you cannot save enough money from just your paychecks, you need to figure out how to make up the difference. As you can figure, I still have $400 to come up with to make up the difference. Honestly, this is just making extra money and we should all know how to do this by now. If not, here are some ideas:

  • Side Jobs
  • Tax Refund
  • Selling Unused or Not Needed Things
  • Redeeming Cans and Bottles for the Deposit (If you have this option)
  • Selling Things on Consignment
  • Babysitting, Pet-sitting, and House-sitting

Put this money away in the Christmas savings. If you earn more money than you need, then keep saving it for other things. You can never have too much money saved, especially in the emergency fund!

4. When you do decide to start shopping, spend wisely. You never know when you might trip over a deal of the lifetime on something you wanted to give as a gift. When you do spend, use the cash you saved or transfer the money into your checking account. 

5. Keep a careful accounting of what you are spending through the year. You can use this for the following year's Christmas budget. Sometimes, surprises happen and you have to spend money on a gift you were not planning on. Keep the receipts in an envelope with a small ledger of what spending has occurred. This way, you can figure that in for next year. 

How do you save money for Christmas? 

Thanks for reading, 
Erica


Tuesday, October 25, 2016

Is It Better To Live Within Your Means or Try To Earn More To Afford More?


This is the fairly simple question. The answer is much more complicated. 

Is it better to learn to live within your means? The answer should be yes for many reasons. Many people struggle with this though. 

We think we are entitled to things. We think we deserve certain things because we work hard. We think we should have a fancy house, a new car, expensive vacations every year (sometimes multiple times a year), name brand clothes, the newest gadgets, expensive cell phone plans, satellite/cable television, and more.

Saving money and working towards things like homes and cars was a concept that was extremely common until the late 1940's and the 1950's. To be in debt to someone was considered to be a temporary thing, not a lifestyle. Debts were paid off quickly if debt was even accrued. Cash and bartering was the common practice. Producing your own goods was considered the best thing for families. It was a matter of pride to have money in the bank.

Attitudes have changed. Drastically. Marketing targeted the newly created middle class and baby boomers. Buying on credit became the thing to do in order to have nice things. You work hard so you deserve to play hard. You kids needed the newest toys. If your friends have it, so should you! Why have old things like hand-me-down furniture when you can have new furniture? 

Young adults then wanted what their parents had. They didn't realize or didn't care that their parents had worked hard for what they had. They didn't understand how their parents had scrimped and saved for their home, nice car, and relaxed middle years. They just wanted what their parents had and they wanted it now. Whether or not they made enough money to afford it.

Who cares if they could afford it? They could just buy it on credit!

The lesson that was forgotten in just a few generations was to learn to live within their own means. To budget their income. To save for what they wanted instead of using a credit card or borrowing the money. 

I have no room to talk, by the way. Most of us do not have room to talk.

We learned from those around us. I was fortunate to have extremely frugal parents, but they struggled too. I have had some extremely hard money lessons. I thought I could handle all the debt I accrued and my daily expenses and bills too. I was pretty stupid. 

I still struggle with living within my means. Every two weeks, my budget is planned out. However, a major unplanned expense can throw my budget off for months. A small miscalculation can have me overdrawn for a week or more. Even though I make extra money from my Ebay sales, this blog, and selling things online, sometimes it doesn't seem like enough. 

Unfortunately, most of us are this way or have been this way. Being in debt is stressful. Many people cannot afford to miss work or use very limited personal time off. Many cannot afford to miss a paycheck or to lose their jobs. Many struggle just to live within their means. So they try to earn more.

Adding to your income can sometimes be the solution to getting out of debt or getting some necessary home/car repairs done. Whether it is a series of small independent jobs, a part-time job, working a side hustle, working from home, or selling off unnecessary things, making extra money can always help. However, these can come at a cost too.

You can become dependent on the extra income and pretty soon that will not be enough either. You will spend even more time away from loved ones if you work outside of the home. Temporary sacrifice can be a good thing to help pay off debt or to get your savings built up, but long-term sacrifice can have an effect on your life, your relationships with loved ones, and your health. Is it worth it?

Even if you work from home to make extra money, there is a cost involved. You have to spend time away from the family in a quiet space to work. If you work after everyone goes to sleep, you get less sleep which impacts your health. Income is not always consistent. Depending on the week or season of life, you might not be able to work as much as you would like or need to. Sometimes, working at home also involves spending more to make more which can not always be a good thing. 

Don't get me wrong - I think working at home to make extra money is the way to go if you can do it. It takes a lot of discipline to work consistently and get as much done as you can with the distractions around you. You have to make your life just as much of a priority as your work, but it can be done. 

If you are single and alone, these costs may not bother you. If you are in debt or need extra money for a new car, by all means, try to earn more. It is better to live life, go into a relationship, or even a marriage debt free and with a comfortable cushion of savings. 

However, if you are working more to afford more, is it worth the cost? Is spending time away from your family so they can have more worth the cost? If you are working all the overtime you can get to be able to live in a five bedroom home when a three bedroom home would do just fine, is it worth it? If you are driving a gas guzzling status symbol to work when a small compact would cost so much less, is it worth it? Is killing yourself to be able to afford more worth it?

I think it is better to live within your means. I say this knowing that I work a few jobs from home, but I am trying to build a cushion in my budget and be able to afford repairs, birthdays, and holidays. I try to work when my kids will be the least impacted like over my lunch hour or at night after they go to bed. Sometimes I include them in my work if I can. I tried the part-time work outside of the home and the sacrifice wasn't worth it. I missed too much time with them and, as a single mom, I couldn't afford to do that. So I learned to live within my means and make sacrifices at home of things we did not need.

Learning to live within your means makes you more content and happier. You don't feel the pressure to keep up with the neighbors or your friends because you made the commitment to make the most of what you earn and that's it. If you need to earn more, you know it is because you need to get something you need or to make repairs that are in your budget. 

What do you think? Is it better to live within your means or try to earn more to afford more?

Thanks for reading,
Erica


Friday, July 29, 2016

Eight Ways to Avoid Frugal Burnout


Are you tired of pinching pennies?

Are you tired of beans and rice?

Are you tired of wondering when the debt will be paid off?

Are you tired of being frugal?

Frugal burnout is a real thing, folks!

Constantly watching your pennies and wondering when you can afford what you really need or want just gets to you after awhile. I know, for me, that I just get tired of it all. I get tired of checking my bank account constantly. I get tired of keeping track of my spending. I get tired of not being able to buy whatever I want. I get tired of saying no to my kids. You get the idea. 

Being that aware of your money all the time can wear a person out. Even though you should have an emergency fund, real life happens. Your car breaks down or an emergency room trip happens. It just makes you want to throw your hands up in the air and cry! 

You are trying so hard to get ahead! You are being as frugal as you can and life is still tough. This is where frugal burnout comes in. You get so tired of trying to be frugal and pinch pennies that you just give up. You lose track of the goals you set. Your budget starts to go awry. You make a purchase of your credit card. 

You can avoid frugal burnout! Here is how:

1. Look at and assess your financial goals. Having your goals written out and visible helps to keep you focused. Some people need visual reminders to keep motivated. Having a meeting with your significant other (or yourself) and reassessing your goals every month will help keep you on track. 

2. Stay motivated! Keep track of your progress. Make a chart showing how much you have to pay off and how much you have paid off. Keep the chart updated and celebrate your progress in a fun, free way. 

3. Have fun! Laugh a little! Sometimes people can get way, way, way too serious about being frugal and then they get burnt out. Remember to have some fun and laugh! Play games, attend a free concert, have friends over, watch a funny movie, and cut loose for awhile! Your outlook on your frugal life will be much better for it!

4. Realize setbacks are inevitable and you can do this. Stuff happens. You can plan and anticipate as much as possible with your budget and finances. However, sometimes the car battery will die. You might get into a car accident. You might be laid off from work unexpectedly. You can still be a frugal maniac! Regroup, replan, and get back at it!

5. Find someone who is frugal and start a support group. Seriously, find some like minded people. They are great for accountability, for new ideas, for support, and for having fun with! 

6. Watch your favorite frugal YouTube videos and channels! Get yourself some inspiration! I love to listen to YouTube videos while working or just working. I have learned some great tips and ideas that I would never have thought of myself. Listen to others talk about their frugal ideas and journeys have given me a lot of motivation and inspiration over the years. 

Some of my favorite frugal YouTube Channels are Living on a Dime, Big Family Homestead, Jordan Page Fun Cheap or Free, Lydia Senn, and frugalgreengirl

7. Read the Tightwad Gazette (or reread!). I am not kidding. This is the best frugal book out there. I learned so much from this book and was able to adjust my attitude in several areas of my life to become more frugal. If you can not afford it, ask your library if they have it or can get it for you. Take the time to read this book from cover to cover. You will not regret it!

8. Reassess the budget. Sometimes the budget needs tweaking. You should review it every month. However, even I am not very good at this. Take some time this weekend to see if the budget is working, where you need to improve, where you can cut back at, and where you are spending your money

Whatever your frugal goals are, you can do it. If you get into a slump, use one of these ideas to get you back on track!

What do you do when you are in a frugal burnout?

Thanks for reading,
Erica


Monday, December 14, 2015

Once A Month Shopping Challenge: Month 2 Update & Month 3 Beginning


Month 2 Update:

November started out with really great intentions. I was set up for the month with one grocery trip and two trips to other stores. I was hosting Thanksgiving and thought I knew how many people were coming. 

Then two days before Thanksgiving hit. We made a trip to the store when I figured I did not have enough food (I was wrong, of course). We had more people coming along with bad weather and I started to panic a wee bit about having enough food. So I went to the store and spent another $50 I should not have spent. 

If that was not bad enough, I went back the next day too! However, I am not sure I am counting that since it was Rob's food I was buying and being reimbursed for. He just couldn't make to the store after he got off work (he's a trucker).

I also made a trip to Dollar General. I had a $30 gift card that I had earned a while ago for trying a product and taking a survey. It wasn't a specific card to Dollar General, but could only be spent in certain stores and Dollar General was the only one close to me. I had this card for awhile and realized it expired the end of November! Eek! No matter what the experiment is, I cannot throw away free money! I did, however, make it into another experiment that I hope to blog about this month yet. 

I did cancel my Amazon Subscribe and Save this month. I didn't feel right about taking it and I didn't really need anything that was being shipped. My kids might argue with that, but they will live.

Month 3 Beginning:

Month 3 actually began last week. I did grocery shop a few days early and without a detailed list, but I was driving by an Aldi's. I do not pass up an Aldi's when I drive by one because they are usually cheaper than my regular grocery stores. 



Case in point: This month I spent $120 on groceries for almost the same stuff that I bought last month for $175. I was able to get a half-gallon of Paige's milk for $2.79 each versus paying $3.99 at our local stores. Almond milk is about the same. Produce is almost always cheaper as is spices. 

I am almost in love with Aldi's and try to do all my grocery shopping there. And with some big changes happening at my house in January, shopping cheaper will become even more important. Rob is moving in with me at the end of January! Yeah (like jumping over the moon yeah!)!

Like I mentioned, I did not have a list. I really hope that doesn't end up being a disaster. I do keep a list on my phone of things I run out of so I know I need to get those things. I also don't have a specific meal plan for December. I am trying to use up expired and soon to expire food in the pantry right now so meals are being based around that.

I also made a trip to K-Mart to get two bags of dog food, six cans of wet dog food (I had 2 - B2G1 Free coupons), two bags of treats (B1G1 Free coupon), three small bags of cat food, and 1 bottle of conditioner. I spent $64 there after coupons and discounts.

I made a trip to Target also to get under eye concealer (K-Mart doesn't carry my favorite brand), two bags of whole wheat flour, and some Christmas cards. I spent $20 there with coupons and discounts. 

I think this month will go better. I am still Christmas shopping, but hope to get that done soon. I also usually make French toast, bacon, and Apple Fritters for Christmas brunch. I did not buy any Texas Toast Bread for the French toast because Aldi's did not have any. I might try my hand at making French Bread for French toast. Otherwise I will be making a very short trip to the store for that and more apples if they supply doesn't hold out. Dane eats 1-2 apples a day so that is a distinct possibility!

I also don't know what I am bringing to my parents for Christmas there. Most of our family meals are potluck, but those bringing food are usually assigned a food group like bread, vegetables, salad, and whatnot. I should probably ask my mom what she wants me to bring! Hopefully that won't mean a trip to the store either!

As you can see, I am not perfect. I try and I do love this challenge because it is keeping me out of the stores and on budget. I will have some new challenges coming up with this challenge, but Rob knows about this so he won't be surprised. If he wants something, he will just go get it himself. 

How did your month go? What surprises are you anticipating for this month?

Thanks for reading,
Erica

Saturday, December 5, 2015

Want an Easier Life? Commit to Becoming Debt Free Now!


Life is what you make of it. I want a life away from worry and stress. I want a life that I can control within reason. I can't do that when I am stressing out and worrying.

The single biggest thing that makes me worry and stress out? Debt.

Debt can rule your life. It can make you a slave to your money instead making your money work for you. It can cause your to lose sleep, become anxious, and generally be cranky towards those you love (and not love). Debt can be the factor that breaks up marriages, drives a wedge between family relationships, and can even cause medical issues due to stress and anxiety.

Who needs that?

I don't and you don't either. Do I know what I am talking about? Oh yes. I still struggle with it even today. I was doing well, but our medical bills exceeded what I had set aside in my emergency fund and savings. Ouch. I have insurance, but with deductibles and out of pocket expenses I got socked a bit. I still have a student loan that I was planning on getting rid of in the next year. And I have the dreaded car payment (that should be disappearing soon).

So I commit to becoming debt free. I want these bills gone. I know a lot of this will go away soon with my tax refund and extra income coming in, but in the meantime I am making payments on the medical bills, a student loan, and a car payment.

And I hate it. I am anxious about it. I am already an insomniac so losing sleep is already normal. Having debt doesn't help the insomnia though.

What do I do about this? What should you do about this?

1. I make monthly payments. No matter what. Even if my budget only allows a $25 payment, that is what I do. Making a monthly payment shows that you are making an effort to pay the bill. Making monthly payments will also keep you out of small claims.

2. I make a list of my debts from smallest to largest. Dave Ramsey suggests this in his debt snowball program and I totally agree with it. I tackle the smallest debt first. When that debt is paid off, I continue onto the next debt. If another bill shows up, I readjust my debt list to include that bill. I was still getting new bills from a doctor appointment and tests in August in November yet. I was constantly shaking up the list for three months in a row.

3. I make a plan of attack. I look at my budget and decide what I can do to pay now these extra debts. This month I paid off the $52 bill to one hospital. I have four other medical establishments to deal with yet (labs and radiology reads, MRI at a different hospital, dental, and our usual hospital). I paid $50 to each of the other places. The next bill is $130 and I will tackle that next month. I continue to make the same payments for student loan and car.

I know from working in accounts receivable that companies would rather see an attempt in payment even if the amount is low. If they do not see an attempt in payment, they wonder if you ever intend to pay and will proceed with tougher bill collecting. Most companies understand that people are on tight budgets and tough times happen. You should always talk to the companies and try to pay what you can.

4. I look over every bill before I even begin to think about paying it. I caught a mistake in October when I realized that the company that reads the MRI did not file to the right insurance. While I knew this was probably going to the deductible on the insurance, I also knew I would benefit from having it refiled right. I did benefit from it because the bill was cut in half with the savings from Blue Cross Blue Shield. You need to carefully read over every bill and question everything. Don't be afraid to call either and ask what a certain charge is. You should be able to understand your bills.

5. I commit to avoiding debt in the future. This year I had one daughter injure herself and another daughter who needed treatment for an old injury. These were unavoidable and not within my control. I try to save my money for these situations and avoid the situation I find myself in now. I am going to save money for a vehicle for when I need to purchase another one.

Committing to becoming debt free only works if you pay your debts you have now first. After you have those paid off, take that money and put it in savings for the next crisis or large purchase. Using credit cards or using charge accounts will not help you stay debt free either. Being debt free means not accruing debts and creating more. 

Thanks for reading,
Erica

Saturday, November 28, 2015

10 Money Saving Tips for a Frugal Holidays!


Christmas time can just be a crazy time! So many people you want to give gifts to, so many things your kids want, and only so much money to spend in your wallet! What is a person suppose to do?

I am here to help you! I use these tips to help me save money at Christmas and still feel good about the holidays. These tips can help you too!

1. Set a budget! I set a budget for each kid of $75 each and try extremely hard to be under that. I don't have a budget for stockings, but I try to find item cheaply and that will take up some room!

2. Make some of the gifts yourself. Beware: some gifts cost more to make than to just buy. Be a thrifty present maker! Make sure it is a labor of love and not on your wallet.

3. Decide carefully who you are buying gifts for and who you are not. Despite the generosity of the season, not everyone needs a gift. A card stating your appreciation for all they do can be enough. A small plate of cookies are fine too. However, teachers can only get so many cups and plaques before they don't have room for them anymore!

4. After you decide who needs gifts, decide what. Be specific. Make a list. Your child's teacher does not need an elaborate gift. Be reasonable. Most teachers would appreciate a handmade card from your child stating their appreciation of their teacher.

5. Offer your services instead of a gift. Offer a night of free babysitting. Offer free snow shoveling. Offer to make them a meal when you know they will have a crazy busy night. Offer free baking lessons to a younger child or a teen. These gifts are very appreciated and will more than likely be used quickly!

6. Shop the clearance items year round. Stores are trying to get rid of toys in anticipation of the holiday seasons throughout the year. You can snag some great deals that way. Even during the Christmas season, I find a lot of presents from the clearance shelves.

7. Shop Black Friday or Cyber Monday. I can't stand the craziness of Black Friday, but the deals are awesome on a lot of things. They are just as good on Cyber Monday when a computer and a cup of tea are all you need. Just don't spend more than you need to!

8. Used can be as good as new. My kids have gotten a lot of used things as gifts. Heck, I am not sure some of the things they got were ever used, but I found them at thrift shops and garage sales. I buy a lot of the books I give them used for very little money. When I score like that, I can't get much happier!

9. Think practical on Christmas stockings. I have two broke college students now who appreciate the practical things like lip balm, pocket tissues, fingernail clippers, razors, tweezers, pens, ponytail holders, bobby pins, hair bands, and so on. I put a few fun things in the stockings too, but the kids always appreciate the practical things too. I usually get a "Oh cool, I needed some of these!".

10. Limit the gifts! I give my kids four gifts each and a full stocking. I also buy 2-3 movies as a family gifts. I keep the gift count down to four to make reasonable, practical, and not to set unrealistic expectations for my kids. I don't worry about how much I spend on each kid because I have a budget (see #1) and I stick to it.

How do you make your holidays a frugal affair?

Thanks for reading,
Erica

Tuesday, November 10, 2015

Once A Month Shopping Challenge: Month 2 and November's Meal Plans


Here we are, Month 2 of the Once A Month Shopping Challenge!

I tried to be a little more prepared for this month. I have officially made my three planned stops as of yesterday. The first stop was to K-Mart to get:

2 bags of dog food
2 bags of cat food (grain-free for the cat with a sensitive stomach)
1 bag of cat litter
1 bottle of shampoo (for me)
1 bottle of shampoo/conditioner (for Dane)
2 bottles of conditioner (1 for me, 1 for Paige)
2 bottles of Vitamin C gummies (buy 1, get 1 free)

I cannot find the receipt right now, but I know I spent $76 with taxes and we saved $25 with coupons and discounts. Some things like cat litter have gone up a bit and that surprised me. 

The second stop was to Menards. I have this receipt! At Menards, I bought:

1 Plastic Window Kit to cover my inside windows
1 Plastic Door Kit to cover my back door until I get a new storm door
1 Garden Hand Shovel to replace the one the dog chewed up
2 different size drill bits because the ones I had were dull
1 set of sticky mouse traps
1 bag of Fast Set Repair Mortar for the basement drain. We have caught snakes coming up through the sides of it where the cement has crumbled. 

I had a Menards rebate check for $10. My total after that was $19. Not too bad! I also got another rebate to mail in when I bought the window kit. 

The third stop was to Fareway. This trip was for groceries and this one hurt! I won't list everything because this was a big grocery shopping trip that included Thanksgiving. I am hosting it this year!



The highlights and deals:
Frozen vegetables for $.77 (I bought 6 bags)
Shredded cheese - 8 oz. packages for $.99 each (limit 3)
Pork Sausage for $1.99 a pound (I got 3 - 1 lb. packages)
10 pound roll of 85% ground beef on sale for $2.99 a pound (I got one roll)
Store pasta on sale for 10/$10.00
A lot of produce 

I spent $174.00. I am still in shock, but I am trying to step back and realize if this is for the whole month, that is not bad at all. I shopped a lot of deals and saved quite a bit that way. I did have to buy meat which always kills me. I bought two roasts in addition to the meat listed which were $18 total. That is just expensive, but both roasts will provide two meals and 2-3 days of leftovers afterwards. That is not bad.

I already have the turkey and ham in my freezer for Thanksgiving. I bought potatoes, stuffing, apple cider, cranberries, and fried onions for the green bean casserole. I have a lot of food in my pantry already for side dishes. Plus our holiday meals are potluck so many other people will be bringing more food. 

The November Meal Plan is going to look similar to October's meal plans. I will be incorporating more slow cooker meals that are low carb for me. The kids will probably have rice with them, but I need to be more diligent about sticking to eating better. I have my freezer meals for the slow cooker and we are also trying Slow Cooker Mongolian Beef and Slow Cooker Ropa Vieja. I can't wait to try them!

November Meal Plan
Chili (slow cooker)
Beef Stew (slow cooker)
Mongolian Beef (slow cooker)
Ropa Vieja (slow cooker)
Chicken Noodle Soup
Cavatini (for sports banquet)
Pork Chops and Roasted Vegetables
Homemade Pizza
Fajitas
Tacos (2 times)
Baked Rigatoni
Taco Chili Mac
Turkey Pot Pie
Spaghetti
Slow Cooker Roast Chicken and vegetables
Chicken Loaf, rice, and vegetables
Fritatta
2-3 Freezer Meals
Thanksgiving 
Thanksgiving Leftovers
Leftovers from slow cooker meals

I realize the leftovers are a tentative thing. I usually make a lot when I make slow cooker meals so we have plenty of leftovers. However, I am living with the joy of a growing boy. If he is hungry and even remotely likes the meal, he can eat a lot! Holy moly! Paige can also eat a lot too which makes for an interesting meal time some nights. 

As always, I make my own bread and snacks for myself and the kids. We have chickens that produce eggs which is my breakfast almost every morning. This month, I am going to try to make my own tortillas (those are more expensive than ever!). 

How is your shopping challenge going? What are you planning for meals for November?

Thanks for reading,
Erica



Sunday, November 1, 2015

The Once A Month Shopping Challenge: Month One Update


My first month's Once A Month Shopping Challenge will be done in just a few days. I will probably go grocery shopping a few days early due to how my budget works and when I get paid. However, I wanted to give you an update so you can see how it is going so far. 

The successes:

I feel like I have been freed from shopping. Really! We have found so many creative solutions to problems like Paige's Halloween costume. The kids have been on board with this challenge and they like it so far. They even went grocery shopping with me for the month. They thought about things I had forgotten to write down and what I had not fully planned out (cold lunches).

For the first three weeks, this challenge went smashingly. We are naturally frugal as a family so this challenge didn't hit us too bad. We had a lot in food storage and full freezers which helped greatly. We made a good dent in the upstairs freezer and hope to get more done there in the next month. 

We made bread like usual, brownies, molasses cookies, and energy balls for snacking on and to add to cold lunches. 

Like I thought in the original challenge, we did not need to purchase any personal items like shampoo, conditioner, and whatnot. I know we will need to this next month, but I need to take inventory today.

I actually don't like shopping so this was a win for me. I just need to plan a little better!

The failures:

This last week was the failure. Rob came down for the weekend, Paige had a sleepover, and Halloween happened in one weekend. I went to the grocery store and Kmart twice each! 

The truth of this was I didn't have these things on my radar when the month started. I also believe in having things that the guests would like on hand. Rob is not exactly a guest, but his morning beverage of choice is Diet Coke and I got him some. We got some ice cream that Paige could have for her sleepover. Dane conned me into buying more Go-Gurt that was on a really good sale because 11 year olds are good at spotting those things. We also got pumpkins for carving and garlic bread for lunch. 

Kmart runs involved a new phone charger, face paint for a Halloween costume, a tiara for Paige's costume, make-up remover wipes, pots for replanting herbs, and more potting soil. 

I was bummed that I had to place an order on Amazon today. However, we need fish filters and weekend feeders for the goldfish and I got some more gifts for the holidays so the hit on my budget will not be so bad by Christmas. The fish filters are $16.00 cheaper on Amazon then buying at our local store. I also got an eight pack of stainless steel earrings ($8.00) since I have really sensitive ears. The only jewerly I were is earrings so this is important to me. Some of the sizes are not ones I would wear, but I will turn those into stocking stuffers. 

And then there is the matter of the Halloween costume. I bought one off of Ebay for cheaper than I could find it otherwise. Dane insisted on being the Joker and we had nothing we could make work for that. Grrr...but he was a good Joker!



However, it will only be one order for Amazon and one order for Ebay. Nothing else left to buy for this month. I hope. 

What I had already planned on:

I did stop at Walmart one weekend and pick up dog food. I had that already figured in for a shopping trip, but I am already thinking I should have bought a bigger bag. I ordered chicken feed through my work and that should last us two months by my last calculations.

What I forgot about:

My Amazon Subscribe and Save order. I won't actually receive it until the new month starts, but I am not sure where that falls into this challenge. I use this to get things I use a lot cheaper. This month's order included protein powder, cod liver oil soft-gels, vitamin D gummies, green tea, ground cinnamon, dog treats, and face wash

Coming up for next month:

We will need cat food and dog food next month. I also need to pick up a bag of cat litter since our current bag will probably not last another month. I will probably pick up a chicken feed block too to help combat boredom and fighting in the chicken coop.

I am still planning my grocery list. I have kept a careful list of what we ran out of so I would remember to get those things again. I am not sure where we are having Thanksgiving yet, but I have two whole turkey breasts and two hams in my freezer that can be used if at my house. No matter where we have Thanksgiving, it will be a potluck affair so I just need to have the basics. I have plenty of things on hand for desserts. 

I will probably do some more Christmas shopping during the month so I am not doing it all in December. I will have to also do some birthday shopping for Paige since her birthday also falls in December. 

How are you doing in your challenge?

Thanks for reading,
Erica


Shared on the From The Farm Blog Hop

Tuesday, October 20, 2015

Want To Save Money? Learn To Live On Just Cash.



Money is necessary. It is not evil and it is not good, but it keeps gas in your car, heat in your home, and clothes on your back. Most people need to have money for one reason or another. We would all like to believe that we don't need money, but we would be lying to ourselves. 

However, money is not the problem. The way you use money can be a problem. 

Many people rely on credit cards, floating checks, and not paying bills to pay for groceries. I know all about these tricks because I have been guilty of doing all three at one time or another. Most people have done that or worse. 

In fact, my budget went bust in September due to a high rise in school expenses. I did not have that much money budgeted for school expenses (budgeted $100, actual cost $250). In addition to higher school cost in August (budgeted $125, actual $225). These were not my kids' faults and the expenses needed to be paid. High school is a little more expensive at this school. However, it didn't help my checking account.

So I started going back to some tricks to get me by when my budget goes bust and my bank account needs a break.

The first thing I did was join the Once A Month Shopping Challenge. Only shopping, especially grocery shopping, once a month will help my budget greatly. My spending was halted immediately. I had been making 2-3 shopping trips a month to just the grocery store. That is done. 

The second thing was to pledge to use cash for any other miscellaneous expenses this month. However, I am not withdrawing cash from my checking account. Like I said before, that account needs a break. I will pay bills, gas for my vehicle, one grocery trip this month, and any other major incidentals from my checking account. 

However, I am still using cash first before using my bank account except for bills.

How am I living on cash this month? 

1. I am having an online garage sale. I am selling our unwanted things on Facebook garage sale pages and Craigslist. I already have a seller account on Ebay and some things have been listed and sold there too. 

2. I am taking cans and bottles back to the redemption center. In Iowa, you can get five cents back for every redeemable bottle or can. We do not drink a lot of pop or alcohol, but we had enough to get rid of all the same. Plus we get cans and bottles thrown into the ditch in front of our house. That is not cool, but it ends up being our gain.

3. I am selling the excess eggs from my chickens. 

I could also make things to sell, but I am not very crafty and do not have a lot of materials on hand. I could also pick up some writing jobs, but a lot of times I do not get paid for a few months. However, I am always looking for new ways to make some extra cash.

If you do have these options available to you, be creative. You can only withdraw a certain amount of money from your bank account to use. You can also pick up some small side jobs like mowing, raking leaves, or shoveling snow. 

What has this "living on the cash that I have been earning" done for me? 

1. I am not just spending recklessly. Every spending decision is weighed carefully. Will I need that money for admission to an event at school, dog food, gas for the car, or something else? Will the kids need something? I don't always know so I try not to spend the cash. 

2. No more extra spending. I had to buy dog food on Sunday. I walked into the store, grabbed the dog food, paid for it, and walked right back out of the store. Before this month, I might have grabbed a few other things that we didn't need right away. Now that is not an option.

3. I use cash first before using my debit card or check book. If I have cash, that is what I use. The other two things are only to be used in emergency situations.

4. I enjoy free things even more. I have always taken a lot of joy from the free things in life. However, this has amped it up a bit more. I love free! I also appreciate when sudden surprises show up like a friend bringing me a soda today, just because. 

5. I have been trying really hard to waste less. I am actually working on becoming a zero waste household, but we still have a few obstacles to overcome. I am a naturally frugal person who doesn't like to waste anything, but I find myself unconsciously wasting food or things we have. I am working harder on being better at not being wasteful. 

Life really is easier living on cash. I know a lot of people say if they have cash in their pocket, they feel like they should spend more freely. In that case, those people need more self-discipline and an alignment of their priorities. 

Cash, on the other hand, can help your frugal tendencies because you don't want to spend it. I talk myself out of a lot of purchases when I have to spend just the cash I have on hand. 

I am also enjoying this challenge. I will probably continue it as long as I can. I have four kids so I have a lot of things to get rid of!

What is your feelings on cash? Are you a cash only household? 

Thanks for reading,
Erica



Friday, October 9, 2015

Do You Want To Join The Once A Month Shopping Challenge?


Do you want to save money? Do you want to shop at the store less?

I know I do! I used to shop only once a month for groceries and I have fallen off the wagon. Sad, but true.

However, my friend Daisy at The Organic Prepper has issued a Once A Month Shopping Challenge! She is challenging fellow bloggers and readers to only shop once a month for the next six months with a little leeway for the holidays. Check her out here to see the rules and what she has planned! 

Yesterday was my grocery shopping day. I got paid on Tuesday, but was a little too busy (and lazy) to run to the store. I knew I would need some cheese, milk, meat, and produce to make through the month. 


I am going to tell you all some things up front so you will know where I am in my grocery shopping and food storage as well as what challenges we have:


1. I have a very full refrigerator right now. Some of the leftovers were ignored and need to be fed to the dog.

2. We are following a more unprocessed, low carb diet for my health. I hope I can get through this month on what we have. Having to eat more protein to keep my energy up has been very eye-opening!

3. Paige is lactose intolerant which really limits what I can use for dairy and substitutes. She drinks lactose-free milk and I use unsweetened almond milk in my baking and some cooking. However, I can see making a run just for milk. She drinks at least a half gallon a week. I bought three half-gallons of Lactaid knowing we had a full one in the fridge already. Dane and I do not like the taste of milk and normally just drink water.

4. I have a very full freezer with at least ten freezer meals in it. I hope to use up some of the older meat this month. I also have a full pantry which needs some using up of the older food.

5. We make almost everything homemade with bread, snacks, and breakfasts being the big ones. We have chickens which means we have a constant source of eggs. 

6. I take cold lunches or leftovers for lunch everyday. Paige takes a cold lunch at least twice a week.

7. We will be gone at least two weekends this month to Rob's place. We still make our own meals, rarely eating out (too expensive), and cook a lot on the grill. One of those weekends, we will be at his sister's house, but again everything will be about the same as if we were at his house.

With that in mind, what did I buy yesterday at the grocery store for the month?

1 - 16 oz. bag each of shredded Mozzarella, Colby Jack, and Sharp Cheddar cheese ($2.99 ea.)
16 oz. container of sour cream ($2.19)
1 - 8 oz. chunk each of Colby Jack and Monterrey Jack cheese ($1.66 ea.)
8 oz. container of sliced mushrooms ($1.99)
1 head of broccoli ($1.48)
1 box of saltine crackers ($1.49) (I have not learned to make these well yet.)
1 box of Go-Gurt for Dane ($2.00)
1 big box of fruit snacks for the kids ($5.99)
2 whole chickens ($.99 a pound - $7.94 total)
1 pound container of sliced ham ($3.99)
2 - 2 pound bags of carrots ($.88 each)
3.17 pounds of pears ($.88 a pound - $2.79 total)
1 box of organic spinach ($2.50)
1 bunch of green onions ($.88)
10 pound bag of russet potatoes ($2.49)
3 pound bag of yellow onions ($.99)
4 pack of mixed bell peppers ($4.99)
3 - 3 pound bags of Jonathan apples ($.99 each - $2.97 total)
2 bottles of reduced sugar grape juice ($.99 each - $1.98 total)
1 - half-gallon of unsweetened almond milk ($2.97)
4 pack of Activa yogurt for Paige ($2.50) (Paige can handle this yogurt.)
1 - 32 oz. container of plain yogurt ($2.99)
3 - half-gallons of Lactaid milk ($3.99 ea.) 

Total spent with tax was $81.69. A lot of this was on sale which is how I determine what I am going to make for meals for the month. 

I still have to make a run for pet food and possibly chicken feed. The kids should not need any personal products and we should be good on household items. 

I also still need to find Dane a Halloween costume. He is outgrowing everything! And, of course, he wants to be the Joker this year. 

In the next few days, I will post what I am making for meals for the month as well as any snack food and breakfast. I am still finalizing some of this due to still evaluating what needs to be used up.

Please join us in The Once A Month Shopping Challenge! I promise you will learn a lot about yourself, your shopping habits, and your family!

Thanks for reading,
Erica


Wednesday, August 5, 2015

Is It A NEED or a WANT? What Should You Spend Your Money On?


One of the hard lessons in life that I had to learn was distinguishing between needs and wants. Sometimes I had a hard time knowing which was which. Sometimes, when I ignored that little voice in my head telling me I didn't need that item, I got myself in to some financial hot water. 

Lessons learned the hard way will stick with me the best!

As I mentioned in the 13 Ways To Save Money In The New Year post, I had to learn to commit to spending no money for anything not on the goals list, that was frivolous, or unnecessary. I had to understand that unless it was a need or on my goals list, I was not spending the money on any unnecessary purchases. 

I have my monthly goals and my homesteading goals. I have my goals built in my budget. I am also working hard at being debt free as well as getting my emergency cash fund back up to where it should be (my monthly income times three months). I also have a small blogging budget and goals that I use to pay for this site and buy materials to expand my knowledge so I can give you more quality posts. My Ebay business has its own budget and goals that covers it very well and gives me a little side income.

Everything in my life has a budget. While it does allow for a splurge once in a while, it does not allow for me to buy whatever old thing that catches my fancy. It also doesn't allow me to give in to my kids for every whim they want either!

If I really think I need something, I will take some time to think about. I even have a mental list of questions I ask myself:

1. Do I need it?
2. How will it improve my life or serve my needs?
3. Does it apply to my goals?
4. Can I really afford it?

Most of the time, what I really think I need is a want. Usually, if I really need something, it would already be on my list to buy. Makes sense, right?

However, we all have dealt with a significant other or a child who thinks they really need something that they really don't need. If my kids are asking for something in the store that is more than a basic need, I will ask them:

1. Why do you think you need this?
2. Do you really this?
3. Is this something you can put on your wishlist? Do you want it for a holiday or your birthday?
4. Do you have your own money to pay for it?

Most of the time, I can talk myself and them out of a lot of purchases. I usually only walk into a store when I have something specific to buy. I also remember I have a lot of projects at home that I want accomplish or goals that I want to conquer. I don't want to spend money on frivolous things and later be regretting that purchase when I don't have the money to spend on my goals. 

Do you know what the great thing is about separating your needs from your wants and not acting on those shopping impulses? 

 * You have the freedom to control your money. 
 * You know exactly where your money will be going. 
 * You know that the reward will ultimately be the satisfaction of paying cash to accomplish your goals, go on vacation, buy a better car, and/or paying for a house. 
 * You know you will be free from making impulsive and regretful purchases. 
 * You won't experience the end of the pay period panic when your bank account is empty because of foolish spending. 

Figuring out what is a NEED and a WANT will help you greatly. You can still have a good life without all the stuff and the mindless spending. You will be happier, you will have better relationships, and you will be able to better afford the things you need further down the road!

Thanks for reading,
Erica



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