Category: Frugal Finance Management

A custom debt-reduction budget that fits your own family’s size, needs, etc., is crucial to debt reduction success.

How to Cut Costs on a Kitchen Remodel

Are you planning a kitchen remodel but don’t want to spend too much? The good news is: you can! With a little elbow grease and some know-how, you can achieve beautiful results at the fraction of the price. Let’s consider some tips that can help you save a few bucks on your kitchen renovation.

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Handy Budgeting Tips for Single Parents

Budgeting enough money aside to care for your kids is tricky at the best of times. You want to give your children everything, but you also know how expensive it can be to raise children. Even with two sources of income, you might have to compromise on a lot of things, just so you can make ends meet. For single parents, the challenges are even greater.

Not only do you need to find all the money that a two-parent household would need to look after their child, but you’ll also only have a single income to do it with. What’s more, you may be paying more than most on childcare too.

Fortunately, we have a few tips that could help you. Read more

Do Credit Cards Come With Life Insurance?

Credit card lenders do whatever is necessary to avoid financial losses. One way they do this is by including different types of insurance policies with their credit card accounts. Most credit card holders are not even aware of these insurances even though they are probably paying for them. With that said, most cardholders would probably agree to pay for the insurance policies if they thought it would pay their balances in full when they died. Below, you will discover more information about life insurance and credit card companies. Read more

How We Bought Two New Used Cars With Cash

We have been hitting the road towards debt freedom pretty hard for the past three years now. The car loan on one of our cars was the last big thing we had to get rid of before we could start throwing more at the mortgage. How to get rid of the car loan faster was something that had been vexing me since the beginning of the year. I was getting close to an answer to pay it off faster, when it suddenly happened. We were finally able to get rid of the last car loan, and buy two new used cars, with cash only. This was a miracle! Read more

Five Things to Watch Out For With Prepaid Cards

If you struggle to obtain a credit card or simply want to restrict your spending to what you actually earn, a prepaid card can be a great option. It allows you to carry your digital money and will help save you from getting into debt. However, if you dig a little deeper, you will find out that things are not as rosy as they seem.There are many important aspects to consider before signing up for a prepaid card. Here are five things to watch out for that will help you understand whether they are worth it for you and your finances. Read more

Adopting a Frugal Lifestyle

You work hard for your money, so why are you so willing to spend it without giving a thought to how much everything actually costs? Many people spend a lot on things needlessly. And, because of this, they find that when it comes time to take a vacation or buy a large ticket item, they simply don’t have the money. Wasteful spending can cost you more than the money you consume. It can also affect your health and your level of happiness.

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3 Ways to Boost Your Business on a Budget

Frugality may be the order of the day, but that doesn’t mean you can’t get similar results in business to those who spend thousands on major campaigns. While money makes money, doing things on a budget can also result in a huge return on investment (ROI) and achieve business and marketing objectives that you have set out. These range from using PR stunts to get people talking, sales promotions to entice customers to your brand, and direct marketing. Read more