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.
2. Household Repairs – It’s not until you’re an adult that you realize everything feels the passing of time. You can see it in those grays that are coming in at your temples and in that crack in the wall of your previously pristine kitchen. Hiring a contractor to fix every little blemish time puts on your home would only serve to stress you out, whiten your hair further, and stretch your budget too thin. But if you’re smart and self-reliant, a Home Depot shopping trip can provide you with the means to fix your house up yourself. Just hone in on the right offers and your home (and hair) will thank you.
3. Leisure Spending – You’ve been smart and you’ve been frugal. You deserve to treat yourself, but you can do that without emptying your wallet. Retailers like Nordstrom and Sears not only offer great sales prices on name brands, but if you know where to look you can find fantastic coupon deals that will maximize your savings.