Review Category : Money Saving Ideas

Make Money By Renting Your Car Out?

One of the planning items that most people have when they go on vacation is whether or not to rent a car.  With the evolution of services such as Uber and Lyft, some people are skipping the rent a car altogether and trying to manage the cost of having a car service take you around the city you are traveling through for vacation. However, we love showing people how to make money and one of the up and coming ideas is to rent your car out to others while it is just sitting there in the driveway.   Some people leave the country for an extended period of time and won’t be using their car and others have a weekend car that does nothing but sit and collect dust during the week.   Being smart about making money is getting your assets to work for you instead of you working for your money. The first service you need to learn about is ...

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There’s No Short Cuts To Getting Out Of Debt

From time to time a prospective client will come to me with lots of Credit Card debt.  They want to know what they can do to get out of debt?  My answer is always the same.  There are no short cuts. Every time they will ask if they should use one of the debt-settlement companies that you see on TV.  You know the ones that promise financial freedom.  What most of the companies do is convince you to stop making payments to the creditor.  Some have you send the money to them to hold while they try and negotiate with the creditors to take a lump sum for less than what is owed.  On the surface it seems like a good idea.  Why wouldn’t the creditor want to negotiate for something now, rather than writing off the debt completely. But reports from the Center for Responsible Lending and the Federal Trade Commission point out that debt balances increase on average ...

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The Secret Your Cell Phone Carrier Does Not Want You To Know

These days we look to save on our bills where ever we can.  One area to look at is our Cell Phones.  What if I told you that you could save 50%-75% off your bill?  Three of the big carriers, AT&T, Sprint and T-Mobile all have invested in secret sub-brands to try and attract the consumers who are more price sensitive.  What they do not tell you is they use the same network as their parent company. Sprint has Boost Mobile.  T-Mobile has GoSmartMobile and AT&T has Cricket Wireless.  You use the same towers, get the same service and generally only pay $25-35 per month. So what about those of you on Verizon?  Well they will not tell you outright, but they have a deal with Tracfone.  Verizon does not want anyone knowing they have this sub-brand as they feel it will diminish the Verizon brand.  Tracfone has a service called Total Wireless, which runs on the Verizon 4G network ...

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Six Smart Ways To Save Money On Thanksgiving Dinner

Forty-six million turkeys will be ready to go during Thanksgiving this year. The American Farm Bureau Federation says the cost of a Thanksgiving dinner for 10 people will average $49.04, a 44-cent decrease from last year’s average of $49.48. Supermarkets are charging $21.76 for a 16-pound turkey, which works out to $1.36 per pound (and three cents less than the per pound cost in 2012).   However, we are interested in saving money, so here are six ways to cut down on cost for Thanksgiving dinner if you are working on a budget. Go Generic – There may be a few brands that you cannot live without for Thanksgiving, consider items such as salt, spices, frozen vegetables, and other items that can save you money without giving up the taste.   Generic brands at many stores have come up in quality over the past five years and in some cases have the same exact ingredients as the big brands. Go pot luck with your ...

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Is FOMO Making You Poor?

Doesn’t it always seem that your friends or people you used to know are just flat out having a better life than you?  If you tune in to Instagram or Facebook on a daily basis, you’ll find someone who snapped a picture of themselves in a far away luxurious destination or in the front row of the latest concert in town.   With all of these images barraging us every day, does it have an effect on how we think about spending our money. One phenomenon to hit the scene in the past few years is a concept called (FOMO) which is the Fear Of Missing Out.  This is a far cry from (BOGO) Buy One Get One, so please don’t confuse the two of them.   With the power of social media today and the strong suggestions of images, we can often feel like we are missing out in the good times…the fun times…the best of times from what we see ...

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How to Shop at Target with a Toddler and No Money in 31 Easy Steps (A Not-So-Foolproof Guide)

1.Have a stern talk with yourself beforehand: I am only going to buy a package of coffee. Only. Coffee. 2. Take a child along. A 12-year-old boy dragged away from video games would do the trick, but the ideal choice is a toddler, preferably a potty-trainer in the thick of the Terrible Twos. (No longer have a toddler of your own? Borrow one from a beleaguered young mother—she’ll kiss your feet in gratitude.) 3. Enter Target. Feel something warm and tingly light up inside of you. Good thing you brought a toddler to keep you in check, because you recognize the symptoms: the beginnings of Target High.* (*Target High: a euphoric state in which you gleefully buy everything you see at Target. Symptoms include dizziness, shortness of breath, giddiness and compulsive credit-card swiping.) 4. Strap the child into a cart. She starts whining, a Toddler Time Bomb already ticking. Hand her a cereal bar to buy yourself eight minutes. 5. Decide ...

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The Mom’s Summer Guide To Saving Money

Ice cream, ice cream, we all scream for ice cream. For moms across America, summertime can be both a blessing and curse at the same time. While it’s exciting not to worry about packing lunches and dragging the kids to the bus stop, it is also a time when you might feel like you constantly have to entertain your children. This may mean a lot more discretionary income will go out the door than you have coming in each month. We put together our smart money moves guide for 10 moves moms can make over the summer to manage your family finances. 1. Have a budget – Whether you use a spreadsheet, 50/30/20 rule or www.youneedabudget.com, it is important to set expectation for everyone around how much cash flow you have for fun and entertainment. 2. AAA membership – There are lots of great discounts especially hotels, rental cars, & amusement parks. So when you are planning your family vacation ...

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Five Apps That Will Pay You To Shop

Shopping is usually an activity that makes you spend money.   In fact, with the ease of debit cards and credit cards today you can rack up big bills by simply turning your computer on to one of the major shopping websites.  So, I thought going into the summer it might be interesting to see what apps you could download that might actually pay YOU money to shop. Ibotta (www.ibotta.com) – Did you ever thing you could get paid to scan receipts from your phone?    Before you go shopping, you complete a few simple tasks and then you begin to unlock rewards.  With over 187 participating stores (and you can link loyalty accounts as well) it makes it very easy to make money with Ibotta.  Really, you end up just scanning bar codes and then taking pictures of your receipts. Swagbucks (www.swagbucks.com) – With over $132,470,000 of gift cards that have been awarded to users, Swagbucks is an app that will ...

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How To Save Money On Summer Camps

For many families in America, sending your children to summer camp is a family tradition.   When I went to camp at Speers-Eljibar in the Poconos as a child, I can distinctly remember learning how to canoe, ride a horse, and most of all having fun playing tons of games and activities.   However, summer camps can cost your family and arm and a leg if you aren’t careful on how to look out for a bargain.  Here are some your smart money moves tips on how to save money on summer camps. Ask about the “group” discount-  Even though your children may want to go to different summer camps, some camps will offer a discount if multiple children attend the same camp.  If you can get some consensus amongst your kids, this can save you a few bucks going into the summer. Be an ‘early’ bird-  Just like registering for a conference, camps like it when they know that guaranteed income ...

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Seven Great Wedding Gift Ideas

Wedding have changed so much over the past 25 years from the popularity of destination weddings on the beach to the cool environment of you having your wedding in a barn.   New websites have been built out today such as www.appycouple.com where you can keep everyone organized, track RSVP’s, share photos, travel, chat, and much more.  If you are going to a wedding, one of the timeless difficult questions is what you should be giving for a gift.   Should you just tuck some cash in an envelope or hit the registry list?  What if the couple wants you to make a donation in their name?  What if they tell you to bring nothing but yourself?   Here are my ‘your smart money moves’ guide to seven great wedding gift ideas. Matching Passport Holders-  If you are going to a wedding for a couple that loves to travel, a reasonably inexpensive but cool gift idea is to get matching passport holders.  There ...

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