Mother’s Day is the most important day for every mother we have encountered in our life. There’s no other way to say “thank you” to the woman who gave us the gift of life and share the joy to be alive. The eternal love we get from our mother is precious. So, we must find a great gift to honor our mother and praise her presence in our life. That’s why let’s check out some of the best Mother’s Day gift ideas for every mom on your list which is also pocket friendly.
1. Bouquet of flowers
This is the most classic Mother’s Day gift we can ever choose. You can buy a cheap bouquets from your local market, or you can order online from a branded store. Either way, your mom will appreciate this gift and the happiness will be visible in her smile.
2. Organize a family outing
Mother’s Day normally comes during the spring holidays and always falls on a Sunday. So, you may arrange a family outing during this amazing weather. The occasion will be gorgeous and you don’t have to think about running towards home from work to spend time together as a family.
One of the most popular family outing places is your nearby park and that could be one of the best pocket friendly gift ideas. You can see many seasonal flowers, the little ducks swimming in the pond, the green atmosphere blending with the families walking together.
3. Prepare mom’s favorite dinner
Spring is the best time to have a BBQ or have a nice homemade dinner for your mom. Cook Mom’s favorite dinner and make sure to add her favorite ice cream. After all, it’s your mom who made your life sweeter than sugar.
4. Clean/repair/improve the house
Mom’s normally engage herself with the cleaning duties. So, give her a break from work and do all the cleaning of the house. Do all the work when Mom is out of the house, or taking rest by enjoying some quiet time.
You may also include some repair/improvement work while your mom isn’t there at home. Give her a surprise by painting a room, or mowing the lawn, or replacing the kitchen doors.
5. Digitized her old photos and videos
You may use your scanner to scan her old pics to digitize the whole albums. Do the same with her old home movies and present her a copy of those pics and videos. She can enjoy them on her laptop or on her phone.
6. Provide a manicure, pedicure, and massage service
Moms must have pampered you when you were kids, right? So, you should pamper her also, and they deserve it. You may gift her a gift certificate to a salon where she can get a manicure, pedicure, and massage service totally free of cost. Moms will definitely appreciate this gift idea and that is too very pocket friendly.
7. Gift her a mug with written messages
If you stay away from your home and share a long-distance relationship with your parents, this message-wrapped mug can remind you that you’re always connected to each other. You may even customize the mug with pics, names, songs, and clip arts.
8. A full box of chocolate
Last but not least, no one’s ever disliked chocolate in the whole universe. A box full of brown delights can melt anyone’s heart. You can try to convince your mom to share some with you, too.
So, have you made up your mind yet? Do it now as the special day is coming next week 🙂
Starting from the first day of 2019, people started to reshuffle their budget to manage 2018 holiday overspending. The process is tough but it’ll put your finances back on track normally within 4 to 5 months. But don’t you think that your entire year budget should be organized too? Yes, of course.
It is the high time to rearrange your finances in order by following some fresh ideas and build your budget for the entire 2019.
Organize your calendar, prepare a spreadsheet, and start working on your budget. Here are a few hardcore tips you should consider.
It’s the best method you must apply while creating your entire budget from scratch. Do not add expenses or subtract costs from your existing budget plan for 2018. The clean slate approach is a comfortable way to build a budget, giving importance to each and every expense required for you.
Don’t forget to add expense that has a profit-driven purpose, known as zero-based budgeting.
Your credit score has an impact on the interest rates while you apply for credit cards, mortgages, and other important loans. Having a bad credit score may ruin your budget. It may also prevent you from getting further credit and gradually increase your interest rates.
In case of identity theft, you might be getting huge unpaid bills as some crook might have created new credit card accounts in your name. As a result, a huge credit card debt may ruin your credit score totally along with your finances. So, it is important to improve your credit score and check your credit report regularly for any errors or signs of fraud.
If you have anticipated any big expenses coming nearby like – tuition fees, license renewals, home renovation, car payment, grocery bills, cable bill, etc, asap add that expense into your budget plan. Do not wait until you get the exact bills over your head. You may not have enough time to manage these expenses by manipulating your current budget.
Don’t forget to include positive items as well. Add your income rise or unexpected fund which may help you to manage a monthly budget easily for a couple of months.
Many people follow a budget plan for handling the expenses only. They put savings on a secondary priority. They estimate expenses and save whatever is left after paying off the bills. But, the best approach is to do the opposite. You may save first and spend later.
You may save a minimum of 15% of your paycheck every month and start doing monthly expenses from the remaining 85%. This way, you’ll force yourself to maintain a budget within limited money along with saving a fixed amount every month.
You should have clear data on your last years’ unfinished financial goals. Combine those unfinished goals with your current financial goals for this year. Consider adjusting your budgeting method. You need to have a proper idea on whether or not you need to reduce your costs, increase your savings, pay off your debts, or adjust other resources.
This way your old data on the previous year may help you to track and allocate this years’ budget.
Stick to your budget throughout the year, and modify your strategies if an emergency happens. You don’t need to be a financial planner to successfully manage your budget plan. Follow above given tips, do your hard work with proper discipline, your finances will shine in 2019. Best of luck.
Winter holidays are the most amazing time of the year. It is the time when you can spend time with your family and friends, and fill your tummy with tasty holiday treats. Most importantly, holidays are the perfect time to shop for every age group!
But there’s only one problem that you may encounter. It’ll be too easy for you to spend a lot just for the sake of fun. But spending too much can make you suffer in the next few months and you might get depressed while fighting with the huge credit card debts, until your bank account can start breathing again.
Here are a few important tricks you can apply and help yourself to avoid overspending in winter holidays this year.
Make a list of all the persons you want to buy gifts for and what you want to gift them. It will help you to avoid the rush before Christmas. Apart from that, this way you can avoid spending too much $$$ when a neighbor from next door invites you for a party.
Christmas is the time of indulging your taste buds! But it doesn’t mean you have to buy a lot of food in this Christmas eve. Start making a list of the foods that you want to eat and share with your loved ones. This will help you to get the headcount and it’ll be easier to make the perfect portion sizes. THis way you can reduce wastage of food and save a lot from your food budget.
You might love buying things after seeing the displays in a department store. But have you ever think of shopping online? Try online shopping websites like Amazon or ebay or any other, or search at Google the gifts you are looking for. You may also visit the brand’s website directly rather than going to a department store. Trust me, you’ll find many discounts and offers waiting for you!
If you want to go somewhere in this holiday, try to book your ticket 12 weeks in advance. By doing so, you may get ticket on a special discounted rate. Normally, ticket prices can increase around the festive period, so it’s wise to get them booked as soon as you have the tour plan.
Cashback credit cards are the best means which you can use to make purchases for holidays. Normally a cash back credit card comes with minimum 5% cash back facility and you can have it in most of the cards. This way you can shop instantly and with a cheaper rate.
Like any other holidays, winter holidays are also one of the best time for endless shopping and endless spending. So, to provide a relief to your wallet, you may sign up to a couple of voucher code sites before buying gifts for Christmas or arrange a dinner. This way you can easily reduce spending on holiday shopping and buy preferable gifts at a cheap price.
Black friday and cyber monday are two important dates for holiday shopping. Make sure you can fully optimize these days and grab all the lucrative deal/offers.
Black Friday 2018 is the largest shopping season of the year. And, believe it or not, people used to spend around $900 on an average for buying gifts this time.
People used to spend so much money on this day. If that money is used without any sense and for buying useless objects, it can surely put you into debt.
I know that the start of the holiday spending season can be really exciting, but you should spend in Black Friday 2018 such a way that doesn’t include going into debt!
Here are my tips for staying out of debt in this Black Friday.
You must prepare a budget before you line up for the first store. Take out a notepad or your phone and note down the estimated money you can spend. Based on your income and expenses, you should form a budget and save an amount of money to spend on these holidays.
Items you’ll want to think about and possibly include in your holiday budget are:
Make sure you have the idea about where you can find the best deals in this black friday so that you don’t waste your time standing in line for something that sold out two hours ago. But don’t spend too much time for that, enjoy your Thanksgiving dinner also.
Know more about all the discounts and promotions this Black Friday by checking all the ads. Check out your favorite stores first, but don’t ignore the stores you normally skip. List all places where you can find your desired items for the best price.
The easiest way to save money is to shop using coupons, deals. Check out the websites that gives you a lot of deals and cashback. Those sites may include a variety of popular retailers such as Walmart, Macy’s, Target, Bloomingdale’s and more.
Often times, you might have to return or exchange goods you bought. You’ll have to make another trip to the store. So, learning about the exchange policy can save you a lot of hassle, especially if you’re buying electronic goods.
Take a good look at your monthly expenses and cut down where you’re overspending.
Don’t use credit card as much as possible. This might seem a bit uncommon. But a lot of people don’t know that it can really save a lot of money. You might buy a thing that you can’t afford through a credit card. This way you might overspend several times without thinking a bit. So, don’t buy stuff you can’t afford using a credit card!
You can always start your Black friday shopping preparation ahead of time.
There are many savvy shoppers who start shopping even a year in advance. These are some good planning skills!
You may think it is weird, but it surely saves them a lot of stress and money.
The earlier you start shopping, the more money you can save with each deal. This is because you won’t be in a rush and end up buying a thing that you didn’t need.
Do you want to save money on Thanksgiving? You may think it’s difficult to celebrate a Thanksgiving dinner within a budget. But trust me, there are many unique tips and tricks to save money on a Thanksgiving dinner.
How to save money on Thanksgiving dinner like a pro
Check out some fantastic money saving tips for food for Thanksgiving dinner.
1. Buy seasonal fruit and veggies
It is obvious, you’ll pay a much lesser price for fruit and veggies that are available in this season.
Seasonal things are cheaper and remain fresh also than out of season produce, so you have less risk that they’ll go off before using.
2. Buy generic items for the dinner preparation
You might need a lot of things for your Thanksgiving dinner party. But before buying such items, make sure you focus on generic items rather than brand names. If you look closely, there is barely any difference between a generic item and the branded item. The more you analyze, you’ll find the main factor is the price. So, why do you spend $10 to $20 more for a similar quality item? The choice is easy now, isn’t it?
3. Plan way before the day comes
Start thinking about the Thanksgiving dinner party at least one week earlier. It can help you to save your wallet.
For example, if you buy frozen turkeys in advance, it’ll be cheaper than buying fresh ones just before the big day. Don’t worry about the taste, it’s just as good as a normal one.
If you have enough time, you can search for cheaper stuff for recipes.
You may also check out for the deals on other ingredients, particularly stuff that is available as frozen.
4. Try to buy in bulk
Bulk buying can be beneficial if you plan for a big party. Many stores offer lucrative discounts on bulk purchases. It may possible that you can get one or two free turkeys if you buy 5 or more in a bulk. But you must stay alert and avoid overbuying.
5. Prepare food what you actually require
We often become so excited about Thanksgiving that we start making 6 types of dessert, 4 types of side dishes, and the biggest turkey you find till Thanksgiving.
We become so much devoted to the ceremony that having a mountain of leftovers doesn’t bother us anymore.
You may stop this habit if you want. To save money, you can use the leftovers as office lunches for the next few weeks, But make sure you preserve them good.
The best thing would be only making what you actually need.
Make 2 or 3 dishes, and make them well. People often taste 1 or 2 desserts at a time, not more.
6. Only make what your guests actually like
There’s absolutely no reason why you have to serve certain dishes for it to be a “real” Thanksgiving.
For example, if half of your family hates green beans, why serve them even if it’s “traditional”? On the same point, if your family love pumpkin pie and always eat the whole thing whether or not the filling is made fresh or is from a can, then you should definitely choose the cheaper option.
By simply giving them what they like rather than feeling like you “have” to serve certain foods, your guests will definitely be satisfied with their Thanksgiving dinner.
7. Think about the leftovers
You’ll have leftovers, trust me! It happens.
So have a plan ahead of time, how will you manage them.
For example, you can keep your leftover turkey meat in your refrigerator. But what will you do with the carcass? Use it to make stock. Have some leftover veggies? Use them to make a delicious soup for lunch.
Keep all the leftovers and freeze them until you can use them for preparing meals.
8. Call for a Thanksgiving potluck dinner
There’s no doubt that one of the main expenses we bear for the Thanksgiving period is food. So another best way to limit your costs can be throwing a potluck dinner.
Just ask your guests to prepare and bring a dish of their choosing. Make sure you discuss the items so that you can avoid any repetition of dishes.
This will help to not only share the costs but also save the time and hard work for preparing the dishes!
By doing a little pre-event planning, budgeting, and smart shopping you can enjoy your Thanksgiving dinner with lots of saving.
Veterans Day is a the perfect occasion to enjoy and celebrate the service of brave soldiers who have sacrificed too much to protect ourselves. Those brave men don’t serve the nation for recognition or money. So, it is great that many people, companies and organizations planned a such special day to honor their services.
Today we will talk about various discounts and offers available in veterans day 2018.
But first you need to know what kind of ID proof you may provide In order to access the generous Veterans Day discounts and freebies.
Some places also accept a membership photo ID card for a Veterans Service Organization like American Legion, VFW, DAV, AMVETS, etc.
Now, let’s check out some free meals on the occasion of veterans day:
From 5:00 PM to 9:00 PM, Golden Corral will be providing Veterans Day free meals and a beverage to the veterans and U.S. military person on current active duty.
No identification is required to become eligible for free beverage and dinner buffet.
Hang out at Applebee’s on Sunday, November 11, 2018 to get your Veterans day free meal. The offer is valid on this day only, until they are closing.
Applebee’s will be giving out Veterans Day free meals and a beverage to veterans and soldiers on current active duty.
Visit Chili’s on Sunday, November 11, 2018, and get your Veterans Day free meal. It is free for all veterans or an active military personnel.
You’ll must provide proof of military service to get your Veterans Day free meal.
The free meal is on Monday, not Sunday. IHOP will be providing this service to veterans and active military personnel with a free stack of Red, White, and Blueberry pancakes.
People must show proof of their military service before getting this offer. They may also wear uniform, it’ll be considered as an ID proof, like a military ID card.
Texas Roadhouse will be offering Veterans Day free lunch on Sunday, November 11, 2018. It’s solely for active military personnel, or retired military men.
This is for dine-in only, and the timing may vary as per location. So, check the exact hours to a local Texas Roadhouse for specific details.
Now let’s check out some free services:
Over 100 national parks will waive off admission fees on November 11, 2018 on the occasion of Veterans Day. No ID required, anybody can enjoy the free admission that day.
Veterans and active military personnel can enjoy a free haircut at any participating Sports Clips on Sunday, November 11. Veterans need to show proof of service to become eligible.
Sports Clips is also giving $1 from every haircut as charity to the Help A Hero Scholarship Program.
“Grace for Vets” is a non-profit organization, who is providing veterans and service personnel a free car wash on November 11, 2018.
Military veterans and active army personnel will be getting free access to SeaWorld theme park.
This offer is valid only for army men having military service IDs. However, they can’t get free admission at the gate. They have get it through the seaworld website by logging in with a special Troop ID.
Veterans and active military men can enjoy playing golf absolutely free on Veterans Day (from 8 AM to 9 PM) at the Foster Park, Shoaff Park, and McMillen Park golf courses in Fort Wayne, IN. They must bring photo ID card with them.
Veterans can’t get free electric carts with this free offer.
On this veterans day – November 11, between 10:00 AM and 6:00 PM, Harley-Davidson Museum is offering free admission to all veterans, active army people and their families.
Veterans have to show a valid ID proof which also allows an additional adult and a children under 18.
Regular admission is $20 /adult, and $10 for kids within 5-17 years old. There is no entry fee for children under five.
Things you should check before going out:
Yes, before start enjoying on this veterans day 2018, you should check out these things.
If Squanto never offered the pilgrims, coming from the other side of the world, a place to stay and food to eat, then thanksgiving day would not have taken the form as it is today….
It was a long difficult time of suffering, and a brief history of charity and love, that made the foundation of thanksgiving. If you don’t know who’s Squanto, then let me tell you, ‘he was the dude, back then’.
When the english pilgrims stepped down from the merchant ship Mayflower on Cape Cod, they were welcomed by heavy snow, draught, unfavorable conditions, and other threats from nature.
That’s exactly when Squanto appeared. A tribal man from the jungle, had feathers on his head, and spoke broken English.
He offered the dying and weathered englishmen shelter, and food.
Squanto taught them how to plant crops and how to beat the harsh weather conditions of the Atlantic.
So, now it was time for the englishmen to pay thanks and show gratitude to Squanto and his native american tribe.
It was then, that the first thanksgiving season was observed, where food, fresh harvests, and other household objects were exchanged among the people of the native tribe and the pilgrims.
Then after 2 centuries, our former president Mr. Abraham Lincoln officially declared a special day that is to be considered a holiday and should be marked as thanksgiving day.
Since then we have been celebrating thanksgiving each year, where we invite our family members and friends, and have big feasts and get-togethers.
But are all of us actually celebrating this festivity the way it’s meant to be done? Guess not. Thanksgiving itself means to show gratitude and give thanks, which many of us don’t follow.
In this blog post however, it is a question of finances.
I believe, this thanksgiving it’s time for us to offer gratitude with an act of charity so as to respect our financial independence, and say thanks to the Almighty, who makes it possible for us to earn and live!
What should you do on thanksgiving?
A little charity is what I am asking you to do. Nothing more.
As you receive your paycheck for this month, try to scrap out a little percentage (say 5% or 10% – even 1 dollar will do), and donate it to some charity foundation or association.
There are numerous charity organizations in our country that you can donate to.
Even your local church will pull out the job too. Just go ahead and do the charity. Offer your thanks for the financial happiness you are experiencing in the present time!
Trust me, your thanksgiving will be the most blessed one, and can’t get more better if you do some charity!
But that’s not all. Charity is one part. Do you know how charity influences better finances?
I recently went through a few blogs and articles on psychology and finances. They are defining charity and donations at a different level.
It’s said that when you give away a portion of your money for moral investment, it brings in happiness and influences you to have more wealth, so that you can receive more happiness like this in the future by donating more money.
Charity is an investment. Not something that will give you good returns in terms of money. But it ensures that you are sharing your wealth for worldly reasons.
Obviously you can ignore this belief, but remember that charity will surely force you to have more income, and will give you a strong reason to sustain your existence.
Life is short mate. You are born today, and you die tomorrow, before you even know it.
Hence do something, for which you will never leave any regret behind, when you are gone.
Have a wonderful and happy thanksgiving.
Since Christmas is just next week, it’s only a matter of days before the kids are coming back from school on winter vacation. Apart from that, you might have a toddler for whom you need to plan some fun-filled outdoor games.
So, the best way to keep your kids occupied and entertained is to arrange a christmas activity party. Check out these 4 unique crafts, activities, and games for your kids.
1. Poke-a-tree game
It is a game about finding gifts, hidden inside a tree. Kids will love to punch through the tissue paper to grab hidden gifts.
What you need: Green paper cups, Tissue paper, Rubber bands, glue, color pen.
How to play:
Fold a stack of tissue paper into fourths and cut out circles from from them. Place a toy, or other gifts inside paper cups. Attach a matching tissue paper circle on top of the paper cups. Use a rubber band to hold the tissue paper circle in place.
Use hot glue the cups to the foam core sheet like a Christmas tree shape.
Cut a tree trunk shape from papers and attach it straight under the last row of cups.
To play the game, poke your finger through the tissue paper and get the prizes.
2. Snowman drawing game
Ask your kids to draw a snowman on a large paper. The winner will get a amazing gift.
What you need: Large paper sheets, Color markers or pen.
How to draw:
This is a simple Snowman Game that can be played anywhere. It’s perfect to teach kids how to draw properly. This game is about growing interest about drawing skill.
Everyone must have large piece of paper.
KIds have to draw a snowman using the marker.
No one should peek each other’s’ papers.
Kids must complete the drawing by coloring it fully.
The best drawing will be rewarded with surprize gift, and others also get consolation prizes.
3. Snowman slam game
You can craft simple snowmen by using cups. Kids love tossing fake snowballs and knocking them down! This snowman slam game is very easy and takes little time for preparation.
What you need: White cups, white socks, black & orange craft foam, glue, scissors.
How to play it:
To make the snowmen, decorate six white cups by black and orange craft foam. Make tight the snowballs by using three white socks.
This game is easy, and the girls also love it. The idea is simple; toss the snowballs to knock down the snowmen.
4. DIY snow paint game
It is a great art activity during winter. Kids learn using of vibrant colors by using food dye, water, and spray bottles. Your kids can spend hours while making masterpiece after masterpiece in the snow.
What you need: spray bottles, non–toxic food color, water.
How to make it:
To create your DIY Snow Paint, fill the spray bottles with water. Then, add food color or dye to get the proper color you need. Screw the lid tightly of the bottle, and give it a good shake. You can adjust the nozzle to create a finer mist, or a more concentrated spray. You can mix colors, write out a Christmas message, draw pictures.
Round up your kids, and make sure that they are wearing deep colored, warm snow clothes. Start painting, and have fun. The things you need are easy to find, so it’s a great activity within low budget.
Christmas is the best time for movies and the celebrations are not done, till you, your cousins, your friends and nearly every hooligan you know,sit down to watch the coolest of movies in the chilly night!
I will try to give in the names of new releases for this year. So anyone searching for vintage classics won’t find it here. Pardon me for that.
These are the movies to watch this Christmas:
Number 1: Murder on the Orient Express:
Nothing gets better when it comes to a mysterious night on Christmas.
And that’s exactly what Agatha Christie talks through her novels.
Director and actor Kenneth Branagh brings the showdown with his newly released work “The Murder on the Orient Express”.
I won’t talk about how the movie opens up, or how it progresses. All I can say is the movie surely gives a call to its audience, and makes it worth a second watch!
Johnny Depp played the role of Senneth Ratchett, the businessman who gets murdered on board!
Branagh plays Hercule Poirot himself, and Penelope Cruz is the melancholic missionary Pilar Estravados.
It will surely make your Christmas as the movie’s all snow, cold and dark!
Number 2: Jumanji- Welcome to the JunGLe!
We can never forget the Robin Williams starrer Jumanji, that released back in 2004. Hell that was some movie man!
But there’s nothing to worry, we have Dwayne Johnson a.k.a ROCK in this movie.
“ A Game For Those, Who Seek To Find, The Way To Leave Their World Behind!”
Can any caption give you such a good feeling? Like escape from Reality?? (Except Harry Potter I mean)!!!
So gear up fellas, it’s just going to make your day as the film gets released on December 20th!
Grab your tickets and get into action!
Number 3: DUNKIRK.
Guess two names will be enough, Christopher Nolan and Tom Hardy!
Even though this released way back in the mid of 2017, on 13th July, you can still watch it this Christmas.
The show will get even better, if you can get someone along with you, who has not watched it yet!
Critics have seriously stated that this is Christopher Nolan’s best film till date and probably the best war movie ever made.
To be practical what else can we expect from the creator of such masterpieces like The Prestige, Inception, Interstellar and the Batman??
So watch it again, and suggest it to your other friends too!
Number 4: HangMan.
Al Pacino is back with the new crime thriller film, that is expected to rock the film garden this year!
Nothing ever gets bad or wrong with this Pacino guy! He is the Man, and he comes with HangMan!
The movie plot is intriguing as the murders are based on the children game Hangman!
Even though the movie seems a bit complex, but the fingers are crossed, and let’s see how Pacino’s going to play it!
Number 5: COCO.
The most highly rated animation movie of this year.
COCO has already received high critical acclaim, and as of december 11, 2017, COCO has grossed $136.8 million in the United states and Canada.
The film has been praised for its graphics and visuals, and is said to be a treat for the eye!
You seriously don’t want your kids to miss it!
The film revolves around a small girl named COCO who wants to take up music as her life, but her family is no music at all!
See what happens as a Gig is about start and dead skeletons are coming for a visit from the Land Of The Dead!
Movies are fun, and Christmas celebration is the biggest priority!
But at the end of the day we must also keep a look at our pockets, so that celebration blasts don’t burn holes in them!
Along with good movies, friends, drinks and foods you must also be able to hold your finances steady!
Here are 3 budgeting tips for Christmas:
Don’t let the moment’s magic take control over you.
People are careless about money when it comes to festivals! But you should know how much you can spend.
Set up a budget now itself.
Make a list of all the possible expenses you are about to make, including the movie tickets and all!
Now add a few more bucks on top of your budget for emergency cash and happy spending!
This is the only decent idea I can come up with!
Sell unwanted items that you haven’t used for this year.
This is a great way to add some extra cash that can definitely buy you a few cocktails at a nightclub.
Old furniture? Sell it.
Old clothes? Sell it.
Old gadgets? Sell it.
Anything old and you don’t use, sell it!
Actually make it a habit to sell unwanted items every year in Christmas, and clean your house to make room for the new!
Make a savings plan for each Christmas:
This is my top notch suggestion for you!
If you really want your Christmas to be a grande party every year, then plan to do savings!
Open up an account and stash away an amount each month, and see it grow.
Voila! After 12 months, you are all set for a killer bumpy ride!
I wish you a merry Christmas and a happy New year!
Do watch the movies and comment your views.
Also try to budget out your Christmas the coolest way with the budgeting tips I gave.
Sometimes the difficult thing of money saving habit is just how you can start the habit itself. It is really very difficult to find out easy ways to save money and how you can use your savings to reach your financial goals. So, let’s discuss few basic tips that can help you to develop a realistic money savings habit.
The first step would be figuring out the amount of your spending. Keep track of all your expenses. This may include the cost of newspaper, coffee/snacks, etc. After getting the data, categorize them according to their total amount. You can use your credit card or bank statements as reference.
Once you have the idea of your monthly spending limit, you can execute a budget and try to fit your expenses into it. Apart from your monthly expenses, you must also consider expenses that occur often but not regularly. These may include car maintenance cost, home renovation, etc.
After planning the budget, try to put away 10–15 % of your income as savings. If you save money every day as well as reduce your fixed monthly expenses, very soon you’ll be able to build up a good saving habit.
Try to set a goal. You need a specific target for which you’ll cut off expenses and save money. Figure out how much time you need to save for it. If you need help figuring out a time frame.
These are some examples of short- and long-term goals:
Short-term (1–3 years)
Long-term (4+ years)
If you’re saving money for your child’s higher education and your retirement fund, then you may invest your money in IRA or a 529 plan. These investments might come come with risks but they also give you good, compounded returns if you plan properly.
Almost all banks offer automated transfers between your checking and savings accounts. You should decide the time, the amount , and the account where you’ll transfer the money to. You can also divide your income between your checking and savings accounts. Automated transfers are a great way today to save money as you don’t have to twice about separating money into two accounts manually.
Check your progress every month. Keep eyes on your checking and savings account. This will not only help you to stick to your savings plan but it also helps you identify and fix problems quickly.
These easy tips to save money will be very helpful to you and will inspire you to build a good money saving habit.