Quick Tips from 701 Money Savings Tips

41e0Y4ngY9L

I recently purchased the Kindle book 701 Money Saving Tips by Ron Tomby. Though some of the book didn’t apply to me and some of the tips were a little redundant, it was a really cool, short read. I made a note of all of my favorite tips and thought I’d share with all of you 🙂

1. Before buying, ask yourself if buying the sale item makes sense. Even if it’s on sale, you do not save if you buy it and don’t need it. – Boy, did he hit the nail on the head with this one. When I see items on sale or on clearance I think to myself, “wow, that’s an incredible price. I’m going to buy it.” When I really should be thinking, “I don’t really need this even though it is at a great price.”

2. If you find yourself engaging in shopping as “therapy” when you had a bad day, consider switching to a physical exercise routine to get the same rush. Get healthy and save money. – Easier said than done I suppose, but I do like where he’s going. I can’t tell you how many times, after a bad day, I went to the mall to buy a new shirt or a new pair or shoes to make myself feel better. I’m sure if I just went for a walk or a run instead I’d feel just as accomplished but I decided to spend money on things I don’t need. Such a bad idea!

3. Swap services with friends and neighbors who can do things you can’t.  – I’m sure a lot of people do this but I don’t think I ever have. Not that I wouldn’t like to give it a try. Let’s say you have a hot, single neighbor who has a nice lawn mower. Maybe you could ask him to mow your lawn in exchange for cooking him dinner once a week. Haha, that whole scenario sounds like the beginning of a bad porno, but I’m being serious. Bartering will save you a ton of money. Give it a shot!

4. Limit yourself to a weekly cash allowance for your treats, i.e. pizza, ice cream, McDonalds, or whatever it is that you crave. – Not only will this save you money but it could help you lose weight. If you have an unlimited budget for snacks then you can go to hell in a hand basket but limiting your budget will force you to have to pick that one thing you’re craving.

5.When buying online search for promotion codes first by googling the name of the vendor or site you’re about to buy from and add “promotion code” or “coupon” in the search box. – I do this all the time. Usually you can at least find a promotion code for free shipping or something. Definitely worth checking out before purchasing anything online.

6. Find out about all of the benefits of your job. – You may be able to get a discount on your monthly cell phone bill just for being employed where you work. I know at my job you get 10% off your monthly Verizon bill if you can provide a CAT card that shows you work with the military. We also have a discount on auto insurance. So what you should do is sit down with your HR manager and ask her if she knows of any benefits that your job has.

And last, but not least…

7. When going to the grocery store, make sure you’re not hungry. – I do this all the time! More times than I can count. I end up leaving with a ton of stuff, most of it junk food. It’s not good to go grocery shopping when you’re full either. So not only do you need to plan and make a list of the groceries you need but you also need to plan around your meals and appetite. Geez-Louise!!!

Well that’s all I got for today. If you’re interested in buying the kindle book I posted the link at the top of this post. It’s only $1.99 and definitely worth it. If you purchase it, let me know what you think.

Happy Saturday everyone!!!

Advertisements

More ways to save money & be organized!

If you’re like me, when you get a gift bag with gifts in it, the only purpose that the bag serves is to keep everything together until you get it home. Then once I get home, the bag gets thrown in the garbage because I just don’t have anywhere to put it or don’t ever suspect that I’ll have the need to recycle it. WRONG! Do you know how much money you could save by keeping all of your gift bags and reusing them? And by buying Christmas wrapping paper after the holidays? It’s crazy! Preparing for situations before they happen will save you a lot of money in the long run. Don’t just chalk up the money for a new, pretty, frilly gift bag! Just keep the ones that you get for your birthday and Christmas and recycle!

(Sorry for the awful pics. I took these with my phone instead of my camera)

Keep a storage container with your left over bags and gift boxes!

Do you know how hard it is to find gift boxes in the summer time or any time other than Christmas? It’s very difficult, believe me! Keeping your extras really saves money and the time it would take you to search for them! Not only should you save gift bags and gift boxes but save your shoe boxes also! It’s so easy and cheap to decorate a shoe box into a pretty little gift box.

With all the Christmas bags and just random little bags I’ve gotten in the past year, I don’t think I’ll need to purchase any for awhile.

Right now, Target has these storage containers 2 for $9 and Amazon has a gift wrap storage bag for $12.99 and it’s also eligible for Amazon Prime Free Two-Day shipping!

NECESSARY Monthly Billing Binder!

When I first started saving all of my monthly bills and statements, I saved at least $100 within the first two months. You don’t realize where you can cut down or where you’re being overcharged until you actually look at your bills every month on a consistent basis.

And this is by far the easiest suggestion that I’ll probably make throughout this entire blog. All you need to do is keep your bills and this binder is going to help you keep them organized and could potentially save you some money!

 I use a 1″ binder that I got from Target for about $2.79, but sometimes they have really good deals (especially around August for the back-to-school sales) for their Up & Up brand of school/office supplies and you can get two 1″ binders for like $3. I also picked up some sheet protectors and binder dividers from Staples for really cheap (and right now they have 1″ binders that are really inexpensive). Target is my go-to place for supplies but Staples has really great deals sometimes that I just can’t ignore!

Just divide your binder into sections according to the different bills that you acquire during the month, for example: Verizon Wireless, Fios, Electric, VISA Statement, etc. Then decide how you’d like to organize each section. For instance, I like to put the newer bills in the back of each section, just because it’s easier.

Once the bills come in the mail or are available to print out online, put them in the binder and compare it to the last months bill. Look at all the details and make sure you weren’t overcharged. When I first started this I was seeing some crazy things on my Verizon Fios bill for some crazy internet security bundle that I didn’t need and didn’t ask for. I called and they took it off and reimbursed me for the past three months and got me $20 off my next bill. I also was looking at my Verizon Wireless bill and found out that I was paying for insurance on a phone that was no longer on my account!

It’s really simple. All you need to do is save your bills and pay attention. I use one binder for all my bills and I keep them for an entire year. When the year is over, I throw them out, or burn them – haha, just kidding!

 This is a great project to pair with the ESSENTIAL Monthly Planner project. In a couple days I’m going to show you how I do my financial spreadsheets that are super easy and I promise, if you follow all of the steps, you’ll be the most financially organized person around! Stay tuned!