Going to college is not just about the grades one received while in high school. It’s also about the financial needs that a student will need to cater for. Since not everyone can afford college fees, it is advisable to look for college scholarships. Some have a challenging qualification process while others are simple and straight forward. The following is a little advice on how to find easy scholarships to apply for.
When you stockpile effectively, you never have to worry about running out of a common item and needing to pay whatever outrageous price your local store happens to be charging for it that day. If you walked into my house today, you would find 10 tubes of toothpaste under the bathroom sink and 15 jars of peanut butter in my pantry. This isn’t because I’m crazy (although my family might beg to differ)—it’s because I only buy these items when they’re at their absolute lowest price, and I buy them with coupons. I’m never going to have to go out and pay $3.50 for a jar of peanut butter or $3 for a tube of toothpaste. Instead, I stocked up when they were nearly free and bought enough to last us until they hit their lowest price again. When we run out of something, we just go into the cabinet and grab a new one instead of running out to the store to replace it.
Just as important, if there are no good sales at the store this week, I might skip buying anything but perishables. This is because I stocked up on everything else at its best price, so I don’t actually need to shop. This lets me shop much more strategically. I can easily cook a week’s worth of meals (or more) out of my stockpile, and no one would notice the difference. Stockpiling saves you time and gives you many more meal options each week, even if there aren’t any good deals at your local stores. It also cuts down on those midweek trips to the store, where many of us are likely to pick up impulse items.
Regular grocery shoppers will notice that prices at their local stores seem to fluctuate almost randomly. A box of cereal that’s on super saver special for 99 cents one week might go up to $3.95 the next, then drop to $2.50, then pop back up to $3.15, then back down to $1.99. What you want to do is ensure that you never, ever have to purchase that box of cereal at that full $3.95 price. You want to buy it as often as possible at the 99-cent sale price—and you want to use a coupon when you do.
This requires a bit of planning, and the secret here is that grocery store pricing tends to run on 12-week cycles. That is, almost every item in the store will hit its lowest price about once every three months or so and then will bounce around for the rest of the cycle. (Sometimes it’s a 10-week or a 14-week cycle, and sometimes there are seasonal variations, but most items follow these fairly regular price cycles.)
Single consumers have plenty of challenges when it comes to personal finances, no doubt. For couples however, whether pre-or post-marriage, the consequences of making bad financial decisions can be a lot more expensive and damaging in the long run.
Below are 3 of the common financial mistakes that couples make and advice on how to avoid them. Enjoy.
Is no surprise to most consumers that the most common cause of arguments among married couples is money and finances. In fact, it’s been found through numerous studies that disagreements over money are the leading cause of divorce.
If you’re in a relationship and ready to take it to the next level (marriage, that is) it’s important to know what type of habits your soon-to-be spouse has, financially speaking. It doesn’t mean that you have to find someone that sees perfectly eye-to-eye with you on finances, because that’s very unlikely, but just that you find someone who’s close.
In today’s day and age there is simply no getting around the fact that you need credit in order to make some of the more significant purchases in your life. It’s also quite handy to have, to be sure.
Whether it’s to purchase a home, and automobile or any other type of “big ticket” items, lenders look at your credit score before they look at anything else (unless of course you have a huge amount of cash) (which you probably don’t). What that means is that, if you don’t have a credit history, you’ll need to build one so that those creditors have something to look at, and you need to of course get it as high as possible (and keep it there) in order to get great rates on interest.
Many consumers believe that the only way to do this is by getting a credit card, but that’s definitely not the case. Below are a number of alternatives that don’t include getting a credit card but definitely will help you to build a credit history and boost your credit score. Enjoy.
If you need to book a flight, and you’re paying for it out of your own pocket, whether it’s is for vacation or work you’ll of course want to save as much money as possible. That means booking in advance, as most people who travel regularly already know, but it also means booking your tickets on the correct day of the week and time of the year too.
First a little bit about booking in advance. Many consumers believe that 2 or 3 weeks in advance is enough but, based on the analyzation of nearly 5 million trips in 2014, it was determined that 47 days ,or just under seven weeks, is the “sweet spot” for getting the best airfare.
For today’s consumers, preparing for retirement means factoring in what Social Security will be paying once their regular paychecks stop rolling in. That means figuring out exactly what those payments are going to be, and also when is the best time to start receiving them. In fact, there are 3 Questions that most consumers have when it comes to Social Security and, in today’s blog, we’ll look at all 3 of them and answer them as well. Enjoy.
The first is the biggest; “Will Social Security actually be around when I retire?”
Being financially prudent doesn’t have to be complex. Rebalancing your portfolio or maximizing the contributions of your 401(k) are invaluable moves. But not everyone has the knowledge or the knack for careful investing and budgeting. That’s why Money is the Root exists: to help those in the know and teach those who don’t know. So, if you find big financial decisions daunting don’t despair. In fact, you can save more than you realize with simple everyday solutions:
1. Household Shopping – Anyone who runs a home, whether alone or with their partner, will be aware of how quickly one can get through household supplies. Especially if children are part of said household. CRASH! There go the paper towels you just purchased and, oh, if only you’d thought to buy an extra bottle of the hardwood floor cleaner, it would sure come in handy right about now. That’s why buying in bulk is usually the smart financial move. Next time you’re at Walgreens make sure to opt for the multi-pack on offer and stock up on peace of mind.
Top Tips for When the IRS Garnishes your Wages
Two words that no one wants associated with them: wage garnishment. If you are behind on paying back your taxes, the IRS can contact your employer and have your wages garnished. They send notifications leading up to this action, but it’s better to get ahead of the problem rather than let it ride out. Your employer has to comply with a wage garnishment and the IRS can take 25 percent or more of your income until your debts are paid off. It’s safe to say that this is not an ideal situation.
Wage garnishments only occur after you have not paid your taxes and have ignored the warnings from the IRS. When you receive notifications from the government, take them seriously. They will move more quickly than you think and then you’ll have fewer options. Fortunately, if you do face wage garnishment, there are options to delay the IRS or stop these proceedings altogether.