You know I love a great savings challenge, and today I have a new challenge for you - the Roundup Rule. The Roundup Rule is a simple way to save as you spend. Roundup the Change This idea should be somewhat familiar to you - Bank of America actually has a “Keep the Change” program. How this works is that for every one of your expenses, you roundup the expense to the nearest dollar. The difference between that amount and the actual cost of … [Read more...]
Plan Your Way To Smarter Spending And Saving
I remember feeling stuck in various financial situations in life that required me to get creative with my finances. It's never easy to admit you need to quit spending, start saving and adding some financial responsibility to my weekly routines. The hardest part of that journey is just getting started sometimes. Do you need to plan your way to smarter spending and saving? Here are some tips that can help you get control of your income, curb … [Read more...]
How To Save on Utility Bills When Doing Laundry
I don't know about you, but I feel like I've been doing a lot of laundry lately. Wearing sweatpants and sweatshirts everyday really starts to add up! But I'm also trying to save money right now, so let's look at how to save on utility bills when doing laundry. Use Energy Efficient Appliances Though you may not be in the market right now for a new washer and dryer, when you are, be sure that you're purchasing an energy efficient appliances. … [Read more...]
Do You Have Coronavirus Credit Problems?
Are you worried about your finances? Has the idea of a coronavirus credit score hit been keeping you up at night? Millions of Americans have been affected by COVID-19 and millions more will experience economic hardship in some form in the wake of massive shutdowns of the U.S. economy. While some fail to grasp the need for social distancing, extreme caution, and a need to think of others ahead of oneself, the realities of the coronavirus … [Read more...]
Why Weekly Budgeting Is Better Than Monthly
When you think about budgeting, it’s easy to assume that a monthly budget is the best. Is that true? And if not, why not? Is weekly budgeting better than monthly? Some financial advisors say yes, and their reasoning makes a lot of sense. How You Get Paid Counts Are you paid weekly? Bi-weekly? Monthly? A weekly budget can accommodate all these, but those who get paid bi-weekly may notice the most immediate results. When sorting out your … [Read more...]