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Category: Frugal Finance Management

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

Starting Your Marriage on the Right Financial Footing

couple future

Hey friends!  Let’s welcome Matt today, from Mom and Dad Money, as our guest author.  Thanks for joining us, Matt.

Marriage is something that’s still pretty new for me. My wife and I just celebrated our 2-year anniversary back in September, and while we’ve done a lot of things right and are very happy together, there’s still plenty we’re trying to figure out.

Money is one of the ongoing issues that every couple faces. It’s a big change to go from a life where your money is yours to do with what you please to one where all of a sudden you’re talking about “our money” and “our goals”. It can be a real struggle, but if handled correctly it can also be a source of incredible strength for your family and can bring you even closer to your spouse. So today I’d like to share some of the lessons I’ve learned on how to start your marriage off on the right financial footing. Read more

How to Save Money on Luxuries and Splurges

 

Happy Monday, friends!  This is a subject that’s been on my heart lately.  As I prepared to write, I realized that after almost a full year of our super frugal living, I might have a different idea now than most people do of what a luxury is. 🙂  We made a commitment on January 1, 2013, that we were going to go seriously back to basics in our lifestyle and in our spending.  What that means for us is only buying what we need: no professional haircuts brow waxes or highlights (WAAAA! 🙁 ), clothes on an as-needed – and I mean really “needed”, as in We Will Only Replace Socks and Underwear That Have Holes too Big to Allow Them to Qualify as Socks and Underwear –  basis only, limited entertainment monies, etc., etc.  So, as I share ways to save on luxuries and splurges today, bear with me as my view may be a little skewed after 10 months of no highlights in my hair. :-). Read more

Hidden Tips for Saving Money at Home: Part 2

DSCN2378Good morning, frugal friends!  Due to popular demand, we’ve put together a second addition of last week’s Hidden Tips for Saving Money at Home post.  Hope you like it just as much as the first edition. 🙂

The more we look, the more we find there’s always more ways to save money on things we use at home.  We really can get by on less if we are willing to sacrifice and make the effort, so here are some more money saving ideas that you and yours might find helpful. Read more

How to Save Money: 10 Items to Always Buy Out of Season

 

Welcome back to our twice monthly guest-poster, Kyle, from Rather-be-Shopping.  Once again, Kyle has amazing money-saving tips for us.  Thanks, Kyle, for sharing your wisdom. 🙂

If you are the type of shopper who doesn’t consider the right time to buy certain items, you’re most likely spending way more money than you need to. Due to the laws of supply and demand, almost everything we consume has a cheaper and more expensive buying season. If you can plan ahead and buy when items are out of season you can typically save a lot of money. Here are 10 popular items to consider.

1. Televisions

Buy in April and May. The Japanese fiscal years ends in March which means television manufacturers like Samsung and Sony will be very eager to unload inventory in April and May. Deals during these two months are historically better than Black Friday and the week leading up to the Super Bowl. If you are cool with last season’s model you can really score a great deal.

2. Refrigerators

Buy in May. New refrigerator models are historically released in May which means your Home Depot’s and Lowe’s of the world will seriously discount current inventory to make room for new models on the sales floor. Use this knowledge to your advantage and save up to 50%. My wife and I did this last year and saved $570 on a new Samsung fridge.

3. Clothing

Clothing and apparel are one of those things that always present buying opportunities if you shop smart. Be sure to always buy at the end of the current season for the following year. For example, right now many stores are clearing out their summer merchandise for pennies on the dollar. Buy your shorts, t-shirts, summer dresses, and flip-flops now and store them for next spring and summer. Your wallet will thank you.

4. Dishware & Flatware

Buy in June. May and June is officially known as wedding season and with it comes deals on dishware for everyone, including those not tying the knot. If you can hold out until June to buy your flatware and dishes you’ll be able to save a bundle.

5. Carpeting & Flooring

Buy in January. The peak of the pricing on new carpet, laminate flooring, and hardwood flooring is in October and November as people spruce up their home right before the holidays arrive. Use this knowledge and wait until January when prices go down substantially.

6. BBQ’s and A/C’s

Buy in the winter. BBQ’s and air conditioners are obviously warm weather luxuries and the demand plummets when it gets chilly outside. If having the newest and greatest model is no big deal for you, buy last season’s model when stores start to clear them out.

7. Wedding Decor/Supplies

Buy in October or November. The wedding season is long over which put you in the driver’s seat when buying wedding supplies as well as reserving locations. Your ability to negotiate pricing on wedding and reception locations as well as DJ’s, flowers, and catering goes way up in October and November as well.

8. School Supplies

Buy in September. I always recommend only buying the “must-haves” like pencils, notebooks, and paper in July and August. Then when school begins and stores start to clear out merchandise, stock up on all the other stuff like backpacks, calculators, and laptops. This is a great way to take advantage of clearance deals at stores like Walmart, Target, Office Depot, and Kohl’s.

9. Lawnmowers & Weed Eaters

Buy in September. If your lawnmower barely made it through the summer don’t wait until next spring to buy a new one. The best deals of the year are happening right now as stores do NOT want to store their current inventory until next year. Use this to your advantage and you can easily save up to 50% off a new mower or weed eater.

10. Patio Furniture

Buy in October. Most Americans store their patio furniture in their garage during the winter months. Well, your big box stores don’t have a garage to store the furniture they haven’t sold. So instead, they slash the prices of their inventory in October to quickly get rid of it making it a great time to buy.

This list is just the tip of the iceberg. When considering any significant purchase, always do some research to determine if you can save money by waiting until the item is “officially” out of season. While you can’t really wait 6 months for a better deal on a refrigerator if yours completely breaks, you can wait for a better time to buy if you think your fridge is ugly, getting old, or losing efficiency.

As for some related coupons, here are some of the most popular off-season deals currently on my website.

 

About The Author: Kyle James is the creator of Rather Be Shopping.com which is a site dedicated to helping families save more of their hard earned money each month.

Hidden Tips for Saving Money at Home

 

DSCN2378When looking to save money on those necessities for the home and family, it’s always a good idea to do all of the usual things: price compare, use coupons, stock up on sales, and so forth.   At our house, we’ve got an extreme amount of debt to pay off right now, so we’ve had to get extra creative in saving money.

What we’ve found in the last 8 months is that there are ways to save money at home that are often overlooked by the average budgeter.  Here are some of our hidden tips for saving money on common household expenses: Read more

How to Save Money: Frugal Alternatives to Cable TV

 

Happy Friday, friends!  No, this isn’t our actual TV, but ours isn’t far off; we still have the old 36-inch tube TV sitting in the living room, and like any true frugal family, will have it there until the debt is paid off or the thing dies. 🙂  We’ll have the week’s good reads tomorrow, but today, I want to welcome back Kyle from Rather Be Shopping with more money saving tips for you.  Thanks, Kyle, for sharing your wisdom again!

About two months ago, my wife and I made the big move and eliminated the cable TV bill from our lives and haven’t looked back. In our case, it was actually our Dish Network bill since we don’t get cable out in the countryside where we live, but the savings was still the same and quite significant. We were paying $55/month for the satellite TV service, which equated to $660 annually. We now only pay $7.99 a month and I’d make the argument that we actually get better programming now and shows that we actually watch. Here are some great frugal alternatives to your expensive cable TV service. Read more

How to Save Money: Check the Labels

 

I had a “duh” money spending moment yesterday and I’m SO ticked at myself!  Not because of how much money I wasted, but because of how I wasted it.  We’ve read before about how advertisers sneak their way into your hearts and convince you to spend money.  And we can find lots of good info on many sites on how to save money on groceries.  But until yesterday, I wouldn’t have thought that checking labels should be part of my money-saving journey.  It is now.  Read more

How to Save Money: Buying Used Instead of New

Happy Monday, friends!  Today I’m so excited to publish our first staff writer, our daughter Maddie!  You’ll see on the sidebar that our 13-year-old is already a published fiction author, and so it only made sense to get her hooked up into the PF blogging world (and help ingrain more PF responsibility into her 😉 )and have her start writing for us.  Maddie had a great money-saving experience a few weeks back, and wanted to share it with ya’ll.

 

Admit it:  If you’ve ever leased or owned a horse, you know it well… those things are expensive. Even if you don’t count the necessities, like the feed and bedding, horses are still what seems to be an endless supply of expenses to keep them.  No matter if you’re boarding your horse or keeping it at home, it’s a lot of cash.

So how do you save money when you’re trying to care for a half-ton beast? It’s not the easiest thing to do, but it can be done. Read more

7 Tips to Ensure You Never Pay for Shipping

 

Happy Thursday, friends!!  Today, we welcome Kyle from the amazing money-saving site, Rather Be Shopping.  Kyle is the go-to guy if you’re looking to save money on purchases; the husband and father of three, with his wife’s help, keeps frugal consumers up-to-date on the latest online coupon codes, printable coupons and bargains out there in Internet land.  Kyle has offered to share his money-saving secrets with The Frugal Farmer readers twice a month – yea!!   Thanks, Kyle, and welcome!

First of all, I want to thank Laurie for allowing me the awesome opportunity to invade her blog a couple times a month. I hope to offer some advice on saving more of your hard-earned money as well as highlight some related coupons that you may be able to use. A little about me: I am married, have 3 young kids, and am a work-from-home dad. Since 2001, my wife and I have run a website called Rather-Be-Shopping.com which specializes in not only coupons, but also frugal living tips for families trying to get out of debt or stay ahead financially every month. Read more

Save Money on Groceries: 7 Ways to Save Money on Food

 

Happy Tuesday, friends!  Sorry I’ve been out of the loop here for a few days – lots going on which I will likely share in Friday’s post.  But The Frugal Farmer family is back, sharing great tips today on how to save money on groceries.

I’ll post later on about how we blew out July budget out of the water, but suffice to say it’s put us into overdrive to make August expenses as little as possible.  So, where’s the first place we turn?  To the grocery budget, of course.  When we first started our journey to get out of debt, we planned a grocery budget of $300 a month for our family of six.  We’ve been averaging  closer to $400 a month, but we’re determined, out of necessity, to get back on track and do it well for August, so here are some of the money saving tricks we’re going to use:

1.  Plan the menu around the sales.  Yep, menu.  We never grocery shop without a menu for the month, and you shouldn’t either.  Throwing stuff hodge-podge like into the cart will only leave you with a house full of ingredients you’re not sure what to do with, and a likely expanded eating-out budget as you wonder what to feed your hungry family.

We always menu plan, but this month, for the first time, we’ll make meals that specifically target what’s on sale at the store.  In our area this week, chicken breasts and hot dogs are dirt cheap, so dinners will be filled with grill nights, chicken wraps, chicken hot dishes and chicken soup.  We also have a great deal on flour tortillas this week, so there’s be lots of tacos/wraps/quesadillas here too.

Before planning your monthly/weekly menu and doing your grocery shopping, check the sales first, and then plan your menu based on what’s cheapest for main ingredients.

2.  Use less.  Wherever you can.  Use less meat in your casseroles.  Use water instead of milk in your pancakes or biscuits.  Drink water with meals instead of milk, juice or pop.  Cut your detergent usage in half.  Use less cheese in your mac and cheese and less meat in your sandwiches.

Really, you’ll be ok.  I promise you won’t starve if you use two pieces of turkey on your sandwich instead of four.  🙂

And, you’ll save money on groceries like never before.  I estimate that we cut at least 10% off of our grocery bill by using this method.

3.  Garden.  Or barter with someone who does.  Or hit the farmer’s markets.  Growing your own food is amazingly cost-effective.  Here’s a good post that will tell you how much you need to plant to feed your family for a year.   One tip I have for those wanting to grow their own food is to only plant what you like to eat.  Don’t plant eggplant if you hate it.  We focused on planting only foods we love in our garden this year: tomatoes, peppers and onions for salsa and salads, carrots to eat fresh and to freeze for casseroles and soups, cukes for making pickles, green beans for eating fresh and freezing.  You get the picture.  Figure out which veggies you’re buying weekly, and focus on planting those in your garden.

No garden capabilities?  Swap services with someone you know who does have a garden.  Ask them if you can buy some of their veggies, share their garden space, or make a trade for a service they need done.  Or find a community garden through your town or your church.

Gardening not only helps you save money on groceries, the organic, home-grown veggies will likely increase your vegetable consumption – they taste fabulous!

4.  Cut the crap.  No more chips, or at least cut down.  Get rid of the processed foods.  Forego the weekly 12-packs of pop in favor of fresh, clean water.  If you’re on a super-tight budget and are needing to get grocery costs down, there’s no better way to save money on food than to get rid of the extras.

5.  Brown bag it.  HUGE money savings here.  We’ve got friends that, although they manage their money well, it always makes the wife cringe when the hubby spends $10 a day on food at work.  Rick’s been brown-bagging it since January 1st, and our average meal for him runs about $2 – $2.50.  Skip the cafeteria or the fast food place and bring your own lunch to work: you’ll save money on food like never before.

6.  Do homemade.  Desserts, breakfast breads, mac and cheese, soup: most all food is much cheaper if you make it from scratch instead of  purchasing pre-made.  Like fried rice?  Throw some rice, carrots, peas and onions in a pan, fry it up and season it with some salt, pepper and a bit of soy sauce.  Way cheaper than the local take out place.  Make cookies for your brown-bag lunch instead of buying packaged desserts.  Make biscuits from scratch instead of using the refrigerated stuff.  Huge cost savings here.

7.  Meal share.  I read about many families who plan one meal a week with family or friends in order to cut grocery costs.  Grab 1 or 2 other families and have a spaghetti dinner.  One family brings the pasta and salad, one brings the bread and milk, a third brings the sauce/meatballs.  And besides saving money on food, you’ll create some great memories with loved ones as well.

There’s always ways to save money on food if you are willing to work at it, so try these tips and see how much money you can save on food.

What are your best money saving tips for groceries?