When it comes to saving money, there are so many different ways to do it that it can make your head spin. Since it is a New Year, we wanted to take a look at how we were saving and see if we could reconfigure things to save us more. Enter our financial trainer with the brilliant idea to switch our savings to high yield savings accounts instead. So, how does this ultimately work out better for us and should you consider switching to a high yield savings account also? Read more
I don’t know about you, but I just can’t believe that it is Fall already! Time really flies when you are having fun during the summer. But since Fall has hit, and we are now in the month of October, you can guess what has been on the kids’ brains, right? Halloween!
As our two oldest boys are 13 now, it seems like a great time to really help them figure out the world of money. Since we have 5 children, at all different ages, teaching them about money can get tricky because they are all at different stages. That being said, we are working diligently to teach our kids about the value of a dollar. Read on if you want to hear more about our most recent adventure with kids and phones! Read more
By now, you should realize that we like to do things frugally around here. And we pretty much have to in order to make our blended family of 7 work, and not kill our finances. That being said, we have multiple budget strategies that we use, and that includes when we want to take the whole family on vacation. Take a look at how our family summer vacation strategy worked out so that we only spent a total of $393.93 for 4 days! Read more
If you read my last post, then you will remember that my two children and I were getting ready to head out on our annual birthday summer trip. I always try to make the trip a ton of fun, but also on the more frugal side. So here is the big question: Was I able to keep our vacation frugal? And did I do it cheaper than last year?
Every summer, since I have gotten divorced, I have taken my two children on a summer vacation. We always try to go the last week of June, because it happens to be in between all 3 of our birthdays. Therefore, we call it our Summer Birthday trip. This may sound extravagant, but I have always done it on the cheap, since I didn’t have much money for years.
This year we vowed to track our budget and post everything here so that we are being held even more accountable. I wasn’t sure how this month was going to go, primarily because of taxes. So now it is time to check out how we ultimately did with our April budget.
Saving money can be really hard sometimes, especially when you are trying to get out of debt. One of the biggest places that we spend our money is on groceries (which is not surprising with a family of 7). However, since the beginning of the year we have been working very diligently to cut our expenses to get closer to financial independence. One of the most difficult budget categories for us is groceries. But we have found a few ways to help us save a bundle on groceries, which has really helped!
I don’t know about you, but we are thrilled that Spring is almost here! But with the new season, comes Spring Break for our kids. Of course, they all want to know where we will be taking them. The kicker is that just because they have the week off, doesn’t mean that we do. Sadly, that is not always how “adult” life works. Even though we won’t be taking them anywhere for Spring Break, we still have some fun plans in store for them. The bonus is that these ideas won’t kill our budget either!
With the beginning of the New Year, comes the standard desire for change. At least for the majority of us. Well, we happen to be no different in that we know that we can do better. Therefore, when we had our end of the year budget meeting to go over all of the numbers, we decided to make a big change with our budget.