The most common budget category for my family to overspend is eating out. I’ve talked to a lot of people about their budgets, and I’ve learned that we’re not alone. Food seems to be most people’s biggest budget struggle, and especially eating out. Most of our lives are busy and hectic, and it’s so easy to just go to a drive through or head to a restaurant for dinner. It seems harmless enough until you realize that the food spending is what’s stopping you from doing the really good things with your money like paying off debt, saving for retirement, paying for education, or giving to charity. What can we do about it? Here are some ways I’ve found to spend less money eating out: [Read more…]
Archives for November 2016
Last month, I wrote about my experience getting my son his first pair of glasses. In that post, I compared Walmart, Costco, and Target for price and value. We ended up purchasing glasses from Walmart Vision Center as well as ordering a backup pair from Zenni Optical. I wanted to follow-up with how our experience went. Here’s my comparison of Walmart Vision Center vs Zenni Optical. [Read more…]
In the modern world, you have so many options for automating your finances. We can use bank bill pay, payroll deductions, automatic payments through billers’ web sites, direct deposits, and recurring bank transfers. Most of us think of these services are simply conveniences, but they can save you a ton of money. Here’s how: [Read more…]
In 2015, my husband’s employer first offered a high deductible health plan, also called a HDHP or HSA plan (since it qualifies us to enroll in an HSA). It sounded like a pretty good deal to us. We decided to switch from the traditional PPO (preferred provider organization) plan to the high deductible plan. I was surprised to hear that he was one of only a few employees who took advantage of the new plan. Since HSAs are so wonderful, why were we in the minority? [Read more…]
Have you been reading about personal finance for a while, but you don’t know where to start? I understand! When I first started reading about handling money, I felt like it was all great advice… but I didn’t know how to start. To help you out, I put together a checklist of the things you can do THIS MONTH to make a huge impact on your finances. It will help you save some money this month and get you set up for a better future.
I call it the “Smart Family Money Budget Jumpstart Checklist”. It’s simple, easy-to-follow steps that you can take this month to get a jumpstart on your finances!
If you’d like to get the checklist, just enter your email below and confirm your subscription to my email list.
When most people think about saving for college, they immediately think of saving in a 529 college savings plan. A 529 plan is account run by the state for purposes of saving for college expenses. You may have also heard about Educational Savings Accounts (or ESAs) and wondered if they have any advantages over a 529. Or what about using a Roth IRA for college savings? Let’s take a look at the pros and cons of these three different types of accounts.
If you’re a woman in the suburbs, you are probably bombarded with numerous invitations to home sales parties, also known as multi-level marketing events or MLM. If you let them, these parties can mess up your budget and get in the way of reaching your financial goals. Here’s why you should avoid home sales parties and JUST SAY NO to all of them: [Read more…]