Category Archives: Budgeting

How This One Technique Helped a Financial Planner Save Money on Food in a Matter of Weeks

You’re about to see how U.S. News Columnist, CFP and website owner Jason Hull used my Receipt Reference Technique to save money on food and organized his receipts in three easy steps.

And then I’ll walk you through exactly how he did it so that you can potentially get similar or better results. To learn more, keep reading.

1. Jason put the receipt on his fridge. “We use it to determine what we should be pulling out of the fridge and freezer to cook.” After putting away items from the grocery store, put the receipt right on the fridge. Put it in a location where you will see it every time you open the fridge.

2. He referred to the receipt to gauge what he would eat in order not to waste groceries. “It’s easy to grab a bag of vegetables from the freezer and stick it in the microwave, but if we have fresh vegetables which are close to their expiration date, we try to use them and then cross them off of the receipt. It helps us eat healthier and fresh is always tastier than frozen!” Refer to the receipt to remind yourself what to eat.

3 Jason checked off items he used. “It helps us determine what should go on the grocery list. We try to stick to a generally paleolithic diet, so we tend to eat the same things over and over again, so rather than going on a scavenger hunt to see what we have, we just look at previous lists. If something’s not crossed off, then it doesn’t go on the grocery list.” Look at the receipt whenever you eat.  Check off items you finish eating to determine what is left.  This way you are sure not to waste what you bought and it will guide your meal planning to finish food before it expires.

“I thought the Receipt Reference Technique by Karen at MoneySavingEnthusiast.com was great.  It helps us maintain our records. When a receipt is done, it goes into the file. This helps know what we paid for groceries to see if we’re staying on budget.”

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Karen has been a lifelong Money Saving Enthusiast with an MS in Education. She shares her knowledge on her website and as a contributor to Mamiverse.com. She was recently featured on a Fox News Website. She also work as a math tutor. In her spare time, Karen enjoys travel, photography, and reading finance books. For tips like this, check out her website www.MoneySavingEnthusiast.com.

How To Save $2882 By using Coupons [Infographic]

Since the 2009 recession, the demand on coupon codes increased drastically. This infographic only shows that the economy’s downfall makes people of the United States realize that it is hard to survive when money is tight. This is where coupon codes were used by many. It focuses on household’s commodities. Online shops offered small to big discounts with the use of this coupon codes.

The infographic is focusing on how great deals you can actually get with online coupons. By using bold figures in what you can actually save in total of purchases around your home, you can get up to thousands of dollars earnings. This is a huge amount and can be used with other needs or leisure. Among the users of this coupon codes, the highest percentage is coming from families with more members. This is an advantage on their part. This is giving them the idea of not having to compromise the quality of their home because they can get a quality one from well-known online shops.

This infographic is provided by CouponAudit.

Save Money Using Coupons

Swaddle the Baby, Stretch the Dollar: An Infancy Money Saving Guide

The first year of your baby’s life is not just the most precious, but is also the most expensive. An average American family shells out anywhere from $8,000 – $15,000 on medical bills and supplies for babies below 12 months of age, which means that your little bundle of joy can probably eat up a significant chunk of your entire family’s income.

While you may want to give your child everything, there are still a number of ways you can effectively tone down expenses without compromising your baby’s comfort and safety. Here are just a few money saving tips to get you started.

1. Understand your Needs

As a mother, you want nothing but the best for your baby, but money isn’t exactly in abundance these days so you have to learn to let go of a few luxuries that your little one won’t really need or remember. At this stage in your life, it is important that you learn to differentiate between your needs and wants. Why pay for a fancy crib when you can find one that costs only a third of its price and is just as sturdy and useful? Every time you go out to buy something for your baby, make sure to first ask yourself if it falls under the category of a need or a want.

2. Know Where to Shop

In a span of 12 months, your baby will have outgrown all their clothes and shoes several times, leaving you with a closet full of barely used things that you will have no more use for. During your infant’s first year, it is better to go clothes hunting at consignment shops that sell the same brands of clothes at half the price. Also keep an eye out for discounts and coupons that can substantially add to your savings.

3. Welcome Hand-Me-Downs

There is nothing wrong with accepting hand-me-downs from your relatives and friends if you don’t have money to burn. Instead of spending for your baby’s furnishing and clothes, why not try to scour your family’s attic for items that can still be used or go to eBay or Craigslist to find secondhand cribs and cabinets. You will be surprised how much you can save by simply opting to score a few hand-me-downs from people that you trust.

4. Scrimp on Disposable Diapers

Given our current fascination for all things disposable, asking a new mother to settle for cloth diapers is often met with skepticism.

Disposable nappies cost anywhere from $8 – $15 a pack, and as your baby grows, you will need to use more and more diapers to keep them dry. Compare that to reusable cloth diapers that only cost about $20 a bundle, but can be used and re-used as long as your baby has the need for them.

Yes, it’s work, but it also means real savings.

5. Breastfeed your Baby

The best and most efficient way to save on your expenses is to breastfeed your baby. Apart from the fact that breast milk is the best source of nutrition for your baby, opting to breastfeed your child will save you from having to pay for expensive formula. That can mean the difference of several hundred dollars over the span of a year.

Brenda is a writer for DueDateCalculator.org, which offers a Pregnancy Ovulation Calendar for those trying to get pregnant. You’ll also find detailed information on pregnancy symptoms and the different stages of development at DueDateCalculator.org.