Category Archives: Budgeting

Taking care of your skin on a tight budget

Skin is the largest organ in our bodies, and since it is also the most exposed element – we need to pay particular attention to skin care. Various treatments and products are available on the current market, and they can help with making your skin as youthful and radiant as possible. For instance, you could use a glycolic acid peel treatment to improve the skin’s appearance, and the results of this procedure will provide you with a rejuvenated and glowing epidermis.

However, skin care products can be pretty expensive, and they can significantly affect your budget. To avoid such a scenario, you should look for affordable skin treatments, and luckily for you – there are various methods and products that can leave a few dollars in your pocket. At the same time, the health of your skin will be as good as ever. Continue reading

Are you Secretly Sabotaging your Budget?

Okay, so you’re scrimping and saving and going to all the bargain shops that you can in an effort to stick to your budget. While you deserve props for that, the fact is that some of these well-intentioned habits might actually be hurting your budget more than helping. Below are 5 habits that could secretly be sabotaging your budget. Check them out and make sure that they aren’t sabotaging yours. Enjoy.

If you purchase items simply for the fact that they’re on sale, you may be sabotaging your budget. The fact is, sales can be extremely dangerous, especially on things like clothing. Many a person has purchased clothing items that they don’t need simply because they were “on sale”. If you see something you truly need and it’s on sale, by all means pick it up but, if it’s something you don’t normally purchase or simply don’t need, avoiding that sale is your best bet.

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Common Budget Mistakes and How to Avoid Them

If you’re constantly worrying about where all your money is going, you never seem to have enough of that wonderful green stuff or you just don’t seem to be able to put any into savings, it’s probably time that you put together a budget and started using it.  More than likely you have heard about budgets and budgeting before but might not have done anything about setting one up because you thought it would be too difficult.

Frankly, setting up a simple budget is well within the abilities of the average person (and we certainly have written enough blog articles about how to do it) so if you’re keen on setting up your very first budget go back and take a look at some of the excellent articles we’ve written that will show you how. Today’s blog article is about avoiding common mistakes that people make either when making or when using their budget.  So, if you’re keen on avoiding these common mistakes please keep reading and will show you how. Enjoy.

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Financial Tips for the Single Parent

Many of the blogs that we write here on our site are aimed at families and the financial situations that go with having them. The fact is however that, for many people in the United States, their family unit consists of only one parent. If that describes your family and financial situation then you’re in luck because this blog is specifically for you. (Frankly where surprised you found time to read this as busy as you must be.) Simply put, keeping your finances in order as a single parent is even more important for you and your children because you don’t have a spouse, and their income, to fall back on if you lose your job or have a sudden decrease in income. Setting up a single mom budget can prove to be very useful. With that in mind we’ve put together a smattering of excellent financial tips for you to use. We hope that it offers some valuable advice. Enjoy

More than likely the majority of your money is going towards housing, food, clothing and of course gasoline. One of the best ways to make sure that you aren’t overspending on any of these is to closely monitor and scrutinize your spending over a 1 to 3 month period. If you do this diligently you will get a lot of valuable information about where your money is going and where you can possibly cut back on spending and increase your savings.

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5 Financial Blunders you Should Avoid at all Costs

No matter who you are, what you do or how intelligent you are about money and finances almost all of us will make at least a couple of financial blunders in our lives. Most of these mistakes are simply due to lack of knowledge and experience but some of them, indeed the worst of them, are usually those that seem harmless at first glance. While we aren’t saying that the 5 financial blunders that we focus on below are the only ones that can be made they are probably the worst and thus should be avoided like the plague. And on that interesting note let’s get started. Enjoy.

  1. About 65% of Americans that were born during the ‘baby boomer’ years will receive an inheritance from a family member who has passed on. The median amount is $64,000.00 which is no small chunk of change. The mistake? Spending it all immediately on things that you might think are important or might think you need but actually don’t.

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Monthly Financial To-Do List: 1 of 12

Welcome to the first of twelve checklists of the top five financial to-do’s each month.  I will be running this series throughout 2012, and each list will provide you with an article on financial maintenance tips relevant to that month.  From tax planning to home maintenance you will be able to follow along so you can keep your financial house in order!  Even though January is only the first month into the year, the steps taken can be vital for your financial upkeep for the entire year.

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Saavy Shopping This Season

Tis the season to break your budget and wrecklessy spend money on holiday presents.  OK, maybe I’m sounding too grinch like, but you have to admit that the holiday season is synonymous with shopping.  My credit union even offers a special type of holiday savings account with a higher rate of return in order to budget and save all year round.  Black Friday is quickly approaching, and Christmas is just around the corner.  I’m not here to tell you how much you should spend, or what you should buy. Rather, I would like to tell you how to spend smarter this season, and get the best bang for you buck.

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The True Cost of Fantasy Football

It’s that time of the year again, tomorrow begins the first official NFL Sunday, and I couldn’t be more ecstatic.  It’s when us fantasy football nuts come out of the woodwork, and trust me there are many of us.  According to 2010 statistics, fantasy football is an $800 million industry, with over 22 million participants.  Initially you only think of the costs involved with initial league fees, but there is so much more!  There are pick’em pools, suicide and survivor leagues, draft kits, premium stat tracker tools, and even the cost of legally insuring your fantasy players should they suffer a season ending injury.  What happened to those days of checking your players fantasy statistics in the local newspaper?  You may ask yourself how this relates to personal finance, and for most it might be very little, but I know I have personally blown my household budget on fantasy football expenses.

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