A No-Brainer Way to Lower Your Bills – For Free!

lower my bills

One of my favorite blog series to follow along with is J Money's "Challenge Everything" series over at Budgets are Sexy. In case you don't know this one, basically what J does is take a different bill every month and tries to get it lowered. Or another thing he'll try is to look for some other side hustle to make a little extra money on the side. Collectively this ends up going into a special fund that he can do whatever he wants with when it's all done. So far he's done quite well with himself. At last count he was over $4,000 bucks!   Lower Your Bills With a Little … [Read more...]

Where to Park Your Rainy Day Savings for Growth Without Much Risk

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We all know that part of a good, healthy financial well-being is to have a decent sized chunk of money set aside in your emergency fund or rainy day savings fund as some people call it. Some advisers tell us it can start off with as little as $1,000 (I believe that one is a Dave Ramsey thing).  More commonly I see suggestions to have as much as 3 months, 6 months, even 12 months worth of living expenses set aside in easily accessible bank account. Fortunately for my wife and I we have done a pretty good job of building up our rainy day fund over the years to as much as $20,000!  That’s a … [Read more...]

3 Painless Ways to Build Your Emergency Money Fund

emergency money fund

The other day I was having a conversation with a few of my coworkers about how long we'd be "okay" financially if we were to lose our jobs.  (None of us were in any sort of trouble, it was just one of those conversations.)  Much to my surprise most of them said they didn't think they'd last more than a month. A month?  Perhaps I'm brain-washed from living in this money-blog community of mine, but doesn't everyone know by now that you're supposed to have 3 to 6 months worth of emergency money stashed up at all times?  Disaster could strike at any time whether you're ready for it or not!  And … [Read more...]

What To Do With Extra Money In Your Budget – 3 Good Choices

crossroads

At the beginning of every new year, one of the first things I do with our finances is to take a hard look at our budget and see where we can get the most bang for our buck. At first this usually involves doing the normal thing that most people do - taking a look at our bills and seeing where we can shave some expenses.  But there’s something else I like to do with the extra money in our budget that I feel is just as important as cutting corners on expenses.  I like to take a look at where we can best grow it! There are lots of good options for what to do with extra money if you’ve got … [Read more...]

5 Common Financial Mistakes We’re All Guilty Of

5 Common Financial Mistakes

It's not always easy to make all the right moves when it comes to money. In fact, as a society, we're pretty bad at managing our money.  CNN Money recently stated that over 25 million middle class families are living paycheck to paycheck. That's horrible!  So much for saving for a house, rainy day, or even retirement. The good news: It doesn't have to be this way.  Most common financial mistakes are pretty easy to identify and correct.  Here's five of them that you can take care of right away.   1. Late Payment of Bills: Paying a bill only a few days late can show up on … [Read more...]

Going Back to School on a Budget as an Adult

Budget

Going back to school isn't just for the little ones.  It can be a time for grown-ups to get anxiety too.  And not just over the work they'll have to do. If you've noticed the job market is saturated with candidates that have bachelor's degrees, you've possibly considered getting a graduate degree to give yourself an edge. But balancing family expenses is hard enough without adding tuition and books.  Plus don't forget all those hours invested in working on projects and studying. You might even convince yourself that paying for a graduate degree and keeping your family afloat is nearly … [Read more...]

14 Easy Ways How to Cut Power Bill Expenses During the Winter

Winter house

The winter-time can be a very challenging time for most people. It’s cold.  It’s dark.  And it’s hard to travel. Unfortunately all of those things can make people want to stay indoors during that time.  And that can lead to a big increase in your energy bill. All of the sudden you’re dealing with drafty windows, more hot water treatment, and a whole more electricity usage than you ever would have during the Summer-time. Luckily there are lots of effective ways how to cut power bill costs that are easy to do.  All it just takes a little bit of planning and a few basic things to … [Read more...]

A Sample Financial Plan – How Should You Budget Your Money?

Business Data Analyzing by adamr

It’s occurred to me on several occasions that not everyone reads money magazines or CNN Money as much as I do.  For some people knowing where to start is practically half the battle when it comes to getting a grip on your finances. What they need or would love to see is a sample financial plan that just gives them the hard numbers!  They need something that could use as an example for how you should be saving and spending your money.  That’s exactly what I wanted to do in this post. For one second, let’s put aside the whole, touchy-feely, fluffy notion that every plan is unique.  It is … [Read more...]