Goooooood Mornnnningggg! Today's tip is going to be about credit vs. using money to purchase products. This might sound easy, but everyday there are wealthy families going into debt. Credit cards have many hidden fees that can stack up rather quickly in the space of a month. Don't be deceived by these traps; companies always try to provide incentive to sign up for their cards, with either something like "Free $40 with a new visa!" I see this on sites like Amazon all the time. If I sign up I could be saving money. This is not the case! While it might seem easy to simply pay something with a plastic card, purchases can easily be forgotten and not paid, and suddenly the consumer is sitting on a 20% interest fee on top of the purchase itself. If you don't pay fees on time, the companies can raise interest rates, and leave you with a bad credit score, which is not good for signing on major purchases like cars and houses. Whenever you can, try to buy with cash or debit. The simple act of taking out cash to buy something, makes it a lot more difficult to buy things, because you have to physically hand cash over to someone for what you want. This makes it easier to save money and really think about impulse purchases. No hidden fees, and its easier to track your purchases and keep a tab on the money in your bank account. When buying online, a Paypal account would be best, because it works like an online checking account. Read more about it here:
There's the tip of the day, check back later for another deal of the day!
Hey guys! Today's tip is to buy your products at the store that specializes those products. By this I mean, to buy electronics at electronics stores, clothes at clothing stores, etc. Since these stores specialize in their type of product alone, items will be cheaper than at generic stores such as Target.Target is a very good store, but it is not ideal for buying items like electronics, simply because they don't specialize in things like that so they're more expensive. In this manner, it would be cheaper to buy the videogames at Gamestop, because games like Madden might be priced way down there, while at other stores it could be selling for higher. Too many times have I seen people buy DVD's at warehouses or general stores, for maybe $10 or $20, or a videogame for the same price, when they could be found for less online or in a videogame store for probably half price. Also, there are several good stores that are quite cheap, but are easily neglected or forgotten. Clothing stores like Ross have rather good deals, but it can be difficult sometimes when people tend to frequent those more top of the line stores.
Enjoy that tip for today! Later I will be posting a good deal of the day on something worthwhile so check back again!
- Your Frugal Friend
Hot of the block, Modern Warfare 3 can be bid on here on Ebay:
If you win it you can save a couple bucks and get it right when it comes out!!
Best of Luck!
- Your Frugal Friend
Hey everybody! Today's money saving tip will be split into two simply ideas: to buy everything in bulk, and to shop at cheap grocery stores. Now this sounds rather simple, but at school or anywhere else, it's so easy to just buy a single food item when you get hungry. Try planning ahead and buy bags worth of snacks like chips, instead of a single bag for .55 or .75 from a vending machine. If you can buy 20 sodas for a couple bucks at the grocery store, that's much better than spending $1.25 for a single soda from a machine. Costco and other warehouse stores are the best for buying a good quantity of items for $9-10. For instance, my family and I bought a couple boxes worth of granola bars for $10, instead of $2.25 each at Shoppers. A cheap option would be to check out Shoppers. My family and I switched from other because it was too expensive, and we suddenly were saving around 15% on groceries every time we went! Stay tuned for tips on how to save big on the latest in gadgets and fashion!
P.S. - Head over to the video blog to see how people save on shopping!
Pretty sweet right!!
Hey everybody!! It's been a really long time. It's time for me to provide another money saving tip! Today's tip is to about saving money in college. I'm in college, and money is very important. Decisions become very hard. Food is a way that a lot of money can go down the drain. A good way to curb this is to stop buying bottled drinks, and use a recyclable water bottle to refill. A poweraid drink a day could quickly add up to $8 a week. Switching on and off between eating canned foods like Beefaroni from Kroger and Ramen Noodles to eating at the dining hall can save a considerable amount. Why not switch it up? That way you can really appreciate eating at the dining hall when the time comes. Another important thing is to do the same with activities. Instead of going to everything, decide between something like bowling, or seeing a movie. Some activities might be free in different locations. For instance here, I could play ping pong for $1.25 an hour in one place, but there are free tables I can play at elsewhere on campus. In this manner, everything can be "This or that" or neither. Suddenly you will have more of a conscious when it comes to spending, rather than just going out all the time and splurging with friends. Goodluck!!
Today's tip is about advertising. In these tough times, every business or company could use advertising. To gain extra revenue, just sign up for a Google Adsense account, and only pay around $4.99 a month, and make money when people click on advertisements on your page!
Hey everybody! Just a few weeks until Thanksgiving! Today will be a short tip. GO GREEN! Do you have the old incandescent light bulbs? There are currently eco-bulbs, which save money over time, because they last nearly 10 times as long as regular light bulbs and use less energy! Next, you can save money each year, simply by turning off lights or electronics that you are not using. A great long term purchase would be to buy solar panels! They may cost a lot, but over the long run they save hundreds of dollars in energy.
Happy New Year everybody! I know its quite late, but still. Today I will elaborate on the importance of not giving in to impulse purchases. There are many products in stores that may look appealing, and people go out and shop all the time simply for entertainment, and they don't need nearly any of the things they buy. It is important to think about every purchase, and to shop around for good deals on items that you either really want, or really need. Simply cutting out buying impulse things like gum, or new clothes that look fancy, will save lots of money in the long run over the months. Recently, I ordered an Xbox 360 Live Headset, and I shopped around on amazon.com, and looked at several different types and the customer reviews. I ended up finding one for only $5.79 including shipping! If anyone is interested, here is a link to the product:
Check back to see more great tips on saving and making money! I will post more tips later on, but comment if you have ones you would like to share!
Hey again everyone! Today's tip is to save more money when you and your family eat out! Often times, families with five or more people will spend $50 or more on dinner every week when they eat out. To cut down on costs each week, if your entire family does not order drinks but gets water, that already saves nearly $8 on the meal! Furthermore, a great option is www.restaurant.com. At this site, you can buy gift cards to restaurants for as low prices as $2! It is great because not only can you use these gift cards as gifts for other people, but you can spend them on yourselves! The only catch is that you have to spend a certain amount with the gift card. My family will often buy a $25 gift certificate for $4, and then spend a minimum $40, totaling $44, but then -$25 and you only spend $19! Add the tip and you get a $25 price for dining out at a nice restaurant and ordering appetizers and desserts for a family of 4.
About the Author
I am a 19 year old teenager and my goal is to maintain a page for teenagers and college students to gain information from in order to save money and make a few extra bucks online. I also just want to share my experiences with spending and help others change their lifestyles.