If your social circle converges on your house to watch the best commercials of the year and the obligatory football that plays out in between, the burden to host a Super Bowl party can ravage your budget like University of Arizona product Rob Gronkowski does hapless secondaries. But you can cut corners here and there to trim costs without letting your frugality show.
When you get a hold of a large chunk of cash — say, from a bonus, tax refund or item sale — those with the self-control not to blow the funds have to decide whether to save it or pay off debt. While there are other options available, such as investing or donating the money, saving vs. debt reduction is one of the tougher quandaries to decipher.
Minimalists who get by with as few creature comforts as they can sometimes make everyday activities more difficult than necessary. Some small splurges more than pay for themselves with the way they make things easier.
A budget is the basis of any financial plan, but if you’ve never made an efficient one before, it’s tough to determine where to start and how to come up with something workable. Slap some arbitrary numbers down on a paper and you’re sure to end in failure. The key is to adapt the budget to your needs and resources.
Saving money and slashing spending aren’t typically the most entertaining or intrinsically rewarding activities, but those who make a game of the act can entertain themselves and others with bold attempts at lofty financial goals.
If you want to save as much money as possible on your vehicle expenditures, don’t buy that next car until you absolutely have to. From the frugal perspective, you’re always better off investing in your current car’s well-being rather than dumping payments into its replacement.
Just about everyone who knows what they’re doing when it comes to buying a house has bought a home before and learned from their mistakes the first time around. First-time buyers are in a tough position, with banks, real estate agents and sellers looking to exploit their naivete.
Everyone with debt would like to eliminate it, but it’s not always clear where or how to get started. There are many types of debt, and each is suited to a different payoff strategy.
Whenever you fill your heart with joy by contributing to a worthy cause, you get the bonus assurance that you’ll see further benefits from the donation come tax time. But the belief is not always well founded, because in the eyes of the IRS, not all charitable donations are created equal.
If you’re looking for ways to scrounge up extra funds, the medical industry offers some outlets that might be worth looking into. While these methods of scrapping together supplemental income aren’t for everyone, they might become attractive given the right circumstances.
When the temperature drops, the heating bills surge. But there are more ways to stay warm than figuratively setting your money on fire.
Reality TV isn’t particularly known for its educational properties, but you can find some useful lessons if you look hard enough. For instance, a show about tow truck operators who repossess vehicles can teach a personal finance blogger how to handle her money.
A few weeks from now, you should have all the forms and information you’ll need to file your taxes. Most of the numbers you’ll crunch have already been decided by your actions last year, but there are still some maneuvers you can make to tweak the numbers more in your favor.
Students need to call upon several sources to cover the massive expenses college drops on them. Unless they’re independently wealthy or have a large college fund set up for them, they’ll scramble to come up with the funds to pay for tuition, fees, books and living expenses.
It’s easy to list ways friends blow money, but tougher to turn a similar focus on yourself. If you step back and evaluate your spending with a fresh eye, you’ll probably find several areas in which you can cut spending significantly.
In our free-spending society, it’s tough for some to fathom the concept of saving so much that it hurts, but it’s possible to place frugality on such a pedestal that necessities are sacrificed.
If you want to start saving but know you lack the discipline to stash money away, you’ll need to come up with ways to trick yourself into getting into the mood. An ongoing game of mental solitaire could end up being quite profitable.