Save Money on Your Insurance

/0 Comments/in /by judy

It pays to check your home owner’s insurance policy on a regular basis.

I had a jewelry/fur rider for years. When the price of gold reached all-time highs I sold much of my jewelry and gave away a lot of it to my daughter. And, I haven’t owned a fur coat in years. I looked at what I had left that was covered by my policy and decided it wasn’t worth it to keep it. I am now saving $89 per year.

It also pays to review your auto insurance policy as well.  Now that I am not driving so much I got a $37 per quarter rebate on my auto insurance.

It pays to read your policies and not pay for what you don’t need.

Saving Like Mad – It All Adds Up

/0 Comments/in /by TeamEC²

My husband and I take the money we save using coupons at the grocery store and place it in our “mad money” container.

We also add any spare change to the container, too. It is amazing how it adds up when you actually save this money.

Our mad money has funded weekend getaways, special purchases and savings for a grandchild’s education. Jan

 

 

Color Code Your Money

/Updated /1 Comment/in /by TeamEC²

These days, when I shop, I only spend cash.   And, knowing how much I have available in each budget category is difficult.  Especially when I keep all of the cash together in my wallet.

To solve this problem,  I use colored paper clips to organize my cash. It very similar to the envelope system. I just assign a color to each category.  Now I can see at a glance how much I have to spend.  Example: A red paper clip signifies how much money I have available to spend on groceries and a green paper clip shows how much is remaining in my clothing budget.

It also makes me think twice when I’m tempted to overspend and borrow from another category. Mary Beth

She who does the laundry keeps the change!

/Updated /0 Comments/in /by Njzmom

Yep, finders’ keepers!  I love finding loose change in the laundry, but I hate having loose change lying around. My solution is an empty plastic spice bottle, the kind with the split top.

Coins drop in perfectly. And as a bonus, this offers a  perfect fine motor activity for young children.  They love it!

 

Color Coded Cash

/Updated /0 Comments/in /by TeamEC²

I like to use only cash when I shop, but knowing how much I have available for each category of items becomes difficult when it’s pressed together in my wallet.

To remedy that, I now use colored paper clips to organize my cash. I just assign a color to each category, and I can see at a glance how much I have to spend. It also makes me think twice when I’m tempted to overspend and borrow from another category. Mary Beth

 

Saving Money or Spending Less?

/Updated /1 Comment/in /by ursulawinter

Whenever you go to the store and your receipt says “you saved “X”” at the bottom, take that amount and put it in the bank.  If you’re not saving that money, you’re only spending less – give it a try. I saved over $1,800 in a year and never missed it!

 

Saving Like Mad

/Updated /0 Comments/in /by TeamEC²

My husband and I take the money we save by using coupons at the grocery store and place it in our “mad money” jar. We also add any spare change to the jar.

It is amazing how it adds up when you actually save this money. Our mad money has funded weekend getaways, special purchases, and even savings for a grandchild’s education!  Jan

 

One Online Savings Account—Many Uses

/Updated /1 Comment/in /by shininglight71

I have an online savings account through Discover Bank, currently earning 2.0% interest. It is much better than the piddly amount offered by my credit union/bank savings.

I keep all my savings funds in one account and use a spreadsheet to keep track of my categories. I take advantage of a monthly automatic transfer (out of sight…out of mind). My categories match up with my family’s needs and can be easily expanded or changed. I include areas such as Christmas, Emergency, Infrequent, Insurance, Investments, Taxes, Special Projects, Travel, etc.