Saving Money with Coupons is No Joke

Many people do not use coupons; they think it’s a waste of time. Yet, their savings account and 401(K) are becoming lighter by the hour. The time is now to use coupons. Did you know that Fry’s grocery store is giving consumers double and triple coupons? Like most grocery stores, they have a V.I.P. card that will save consumers money. The bonus is that they are accepting competitor’s coupons.

True, many people will not give up such items such as health and beauty items no matter their financial circumstance. If you’re a woman who uses Oil of Olay products, visit their website for money saving coupons. That’s right, you can get coupons for Oil of Olay’s Definity and Regenerist product lines. The coupons take 6-8 weeks to arrive by mail, but it will be worth it in the end. Visit Oil of Olay for more information.

How many people are familiar with General Mills? If you visit their website, check out all of their brands. Furthermore, if you click on Coupons and Promotions, it will take you to pages upon pages of money saving coupons. All you have to do is sign up and become a member of the Pillsbury Community. It’s that simple and easy. Sign up today and start saving tomorrow!

For those that receive the Sunday paper, it’s usually jammed pack with coupons. Instead of throwing the coupons out or using them to the line bird cage, grab the scissors and start saving at the grocery store.

Another way to save is via direct mail. The ValPak and direct mail magazines you throw away each week, is like opening a window and tossing out money! You never know what’s in that direct mail magazine — are you overlooking a “Buy One Gelato, Get One Free” coupon? Now, that’s a sin!

Quit throwing away money saving coupons. The money that you save on coupons can be put into a savings accounts. Before you know it, you’ll have enough money in the bank and rest easy at night.

Money Mistakes That You Can Avoid

Many people are their own worst enemies. When it comes to money, they continue to make the same mistakes over and over again. People fall victim to their own money mistakes. For those who desire financial independence, recognize and eliminate money mistakes today. This way you can start to live a more peaceful life tomorrow!

The majority of people are impulse buyers. They spend more than what is in the bank because of the need to keep up with their neighbors. Some people buy things because they hold a belief that they will feel better. If you’re an impulsive buyer, make a list of the necessities you need to purchase and then go shopping.

Another money mistake people make is not having a savings account. Putting $10 or $20 a week into a savings account will eventually add up!

Many employees do not take advantage of the 401(K) that their employer offers. Most companies will match their employees contributions. Put the maximum amount into a 401(K) account and watch the dollar amount grow over time. Those who save now will benefit in the long run.

Some people rely on family and friends to bail them out. This is a big mistake! It’s one thing to accept help when the situation is dire, but avoid making a habit of it. Family and friends have their own lives and must take care of themselves as well.

A budget is a great tool that will help many people avoid making money mistakes. Budgeting is not that difficult to do. List monthly expenses such as rent or mortgage, utilities, car, cell or mobile, clothing, eating out, and other expenses that appear each month. Start by curbing or cutting out expenses such as clothing, food, and entertainment. Cook at home because it’s cheaper and will keep you trimmer!

Finally, do not let your emotions or past experiences get in the way of making money mistakes. Remember, most people make purchases based on their emotions. Logic seems to go out the window, although not entirely. Take a step back, deep breathe, and put the IPod back on the shelf. Besides, Apple will probably come out will a new and improved IPod next year. The one you buy will be obsolete!

8 Ways to Save Money Now That Will Pay Off Later

The U.S.’s economic situation is being felt around the world. Last week was the worst week for the stock market. People are bailing out left and right. Is that a wise thing to do? No, it’s not. Fear is like a disease that infests one person and then spreads like wildfire to others. That’s exactly what is happening right now. Americans are scared to death and are salvaging what they can. On the flip side, those with money will find great bargains on wall street and will be able to turn a profit when the stocks go up.

Perhaps the “economic crisis” in America will teach people a valuable lesson or two. First, do not live beyond your means. People who knew they could not afford the $400,000 house are learning that lesson right now. Second, cut back on expenses. Is it necessary to eat out 3 to 4 times week? Why not prepare a home cooked meal with the family gathered around the table? This is a great way for parents to interact with their children and find out what they are doing or not doing.

People who “tighten their money belt” now will save later. How do you save when you have a family of four or are a single person living on your own? Here are some money saving tips.

Tips to Save Money

  1. Cut back on going out to eat.
  2. Skip the Starbucks, donut shop, or bakery.
  3. Carpool if you can.
  4. Use coupons. Some grocery stores offer double and triple coupons and will accept competitors coupon.
  5. Sell items on Craigslist and eBay. Go through the house and see what can be sold. If something has not been used in a year, it will not be used at all. Sell it!
  6. Cut back on entertainment. Wait until movies come out on video and rent them from the video store or library. As far as concerts go, choose one that you will really enjoy. Before you agree to see Motley Crue (that’s another article), remember, it’s Motley Crue. Speaking from experience, go with the Metallica tickets. It will be a better show. Remember, your time is just as valuable as your money.
  7. Go to FREE events within your community.
  8. Take your lunch to work instead of buying it every day.

Money that you save can be put into a savings account (FDIC insured), Treasury Bills, or Treasury Money Market funds. Be smart with your money and it will take you far. Remember, you are the master of your money; it’s not the master of you.

Saving money is a mindset. You will either save money or not. Most people would like to own their own home, but it may not be feasible at this time. As mom used to say “patience is a virtue.” For now be happy with the things in your life such as good health, family, and friends. You may live in a one bedroom apartment, but at least you are in perfect health!

Bonus

  1. Do not grocery shop on an empty stomach! People who shop when they’re hungry usually spend more. Make sure you eat breakfast before going to the grocery store.
  2. If products come with a rebate, redeem them, and save the money!

How are you saving money? Do you have any suggestions you would like to share?

Save for a Rainy Day Today Because Tomorrow it May Storm

Are you caught in the “eye” of a financial storm? If you watched Suze Orman on Oprah’s September 23rd show then you know she is fired up. She gave no sympathy to a couple who is $90,000 in credit card debt. The wife did not want to hear that the right move to make was to sell the house. God forbid the couple move into an apartment. They must enjoy yard work, routine and not so routine maintenance, and the typical house work. Then again, maybe they hire people to do this for them which is why they are $90,000 in debt. For “5 priceless money saving tips by Suze Orman, please visit MSNBC.com.

Clipping coupons is a great way to save money on groceries and personal items. The dollars you save will add up over time. Take the extra cash and put it into a savings account. When you are ready, take some of the money and put it into Treasury Bills and Bonds and Treasury Money Market accounts.

Give up the Starbucks Coffee for awhile. It may seem cruel and unusual, but it will be worth it in the long run. Think of all of the extra money to be deposited into the savings account. Not only will you save money, but reduce time and gas consumption. Plus, cutting down on your drive time will decrease the amount of emissions being released into the air.

Money Saving Links

  1. The Dollar Stretcher. Find out how to live better for less.
  2. Bank Rate. “Original and objective personal finance stories to help consumers make informed financial decisions.”
  3. Money.CNN. Gerri Willis gives you personal finance and savings tips.
  4. Woman’s Day. Has money savings tips from finding a cheap flight to how to do-it-yourself household cleaners.

Most Americans are in credit card debt beyond what their eyes can see. Too much indulgence and not enough self-discipline equals a financial disaster. Unfortunately, this can all be avoided with a little frugality.

Now is the time to face the truth of the situation. It will not be easy at first, but once you stop lying to yourself and others it will get better. Do what you have to do for a brighter future. If you have children then you better sit down and face the facts. Is it fair to make your children suffer for your mistakes? This is something to think about now and going forward on your financial quest. A little honesty goes a long way. Get real, get out of debt, and start saving for those rainy days and not so rainy days.

What’s in Your Wallet? Pay Cash and Leave Credit Cards at Home

Since key members of Congress are working to reach an agreement to bail out Wall Street, it looks like Americans could be headed back to their roots by becoming a cash society.

Many, many years ago, Americans paid cash for their purchases. Has anyone heard of lay-away? Whatever happened to that concept? It must have vanished along with the values and scruples of the American people.

Americans got themselves into trouble by purchasing homes, cars, jewelry, electronics, clothes, and other items they could not afford. Remember when mom used to say “if you cannot afford it, do not buy it!” Apparently, those words of wisdom went into one ear and out the other.

America is known for being a nation of consumers. People are not happy with a car that is 5 to 10 years old. They want a brand new one that is loaded with the latest technologies. That’s great if you can afford to pay cash for it. But, most people take out loans and fall deeper into debt.

The SEC, Wall Street, and the housing industry are not innocent. The people who made loans to home owners knowing that these people would not be able to pay the loans back ought to be held accountable for their actions. Chances are they will receive a “slap on the wrist.” Unfortunately, they will have to deal with “instant karma.” You get back what you give out. Ouch!

Perhaps this bailout is a good thing for the United States of America. It will force people to take a step back and reevaluate their lives. Maybe now people will realize what is really important such as family, friendships, community, and the health of planet Earth. Americans, it’s time to look inside of yourselves and discover why your “outside” is such a mess!