Wednesday, March 9, 2011

Financial tips?

I see a lot of blogs that feature saving tips. I am no expert but here are some of my own tips.

Thrifting -- Go to garage sales and thrift stores but don't buy everything just because it is cheap. I have fallen into this myself and now I use an amount of thinking before I buy. Do I need this? About how many times will I use this?

Cheap stores--If you are brand conscious but can't afford a regular priced branded item, there are stores for us, Ross Dress for Less, TJ Maxx, and Nordstrom Rack. They have branded items for much cheaper prices.

Sale-- This is probably our favorite,except, you have to be prepared for the crowd, the long lines. You can prepare in advance by using the printed ad so you know in advance what sections or department you have to go to.

Shop online--You can compare prices easier and a lot of online stores now offer free shipping. You save a lot of time and money by doing this.

Coupons-- I use this a lot now and it helps. $10 less every time you go to the grocery. It is not much but if you multiply it and think about the savings in a year, they all add up.

Some other financial insights:

Some people resort to debt consolidation. It makes sense to do this when you are unable to pay the monthly debt. In the US, it is easier to get a new car, get loans, in short time have a lot of debt. Instead of having late payments or totally unable to pay with those high interest rates, I think debt consolidation can help. There are some non-profit companies like http://www.anewhorizon.org/.

Buy a house instead of rent. I wish we can do this ourselves but houses here are crazy expensive and the condo fees are too high. But renting is something that we pay every month for something that we won’t own.

Eat out less. I just thought we haven’t been going to restaurants lately, only fast foods during our vacation. We’ll definitely save if we don’t each out too much and cook meals at home.

Before I end this post, here are some really cute piggy banks. The first one is my favorite.

8 comments:

AngelineBK said...

Thanks for the info! And i love the first piggy too!

Car Insurance Orange County said...

This unique is such a great resource that you are providing and you give it away for free. I love viewing websites that appreciate the value of providing a good quality resource for free. Thanks for this wonderful site!

Phivos Nicolaides said...

So practical useful these hard days!!

Anne said...

ang friend ko kapag daw nag iipon using a piggy bank something will happen, im not sure if totoo yun.

Visiting you here

My Daily Mumbles

Reese Milania said...

Cute piggy banks!!!

http://reesemilania.blogspot.com/

emmanuelmateo said...

i like the last pic ate..very nice!

kg said...

naku, mukhang mas mahal pa yung piggy bank mismo kesa sa laman! he he!

i go by a simple rule when it comes to finances: live below your means.

shannon said...

Adorable piggy banks! I actually have the pink one with the tutu for my daughter:) Following you back from Follow Back Tuesday.
www.dashing-home.blogspot.com
I also have a Facebook page
http://www.facebook.com/pages/Dashing-Home/121450941260929
and Twitter account too!
http://twitter.com/#!/DashingHome/followers
Thanks!

LinkWithin

Related Posts with Thumbnails