Archive for the ‘home budget news’ category

How to Save Money at Home-Home Budget

August 31st, 2009

Supermarket Comparison
The first thing you have to do is to do your research. Visit your local super market and make a note of all the basics such as bread, milk, butter etc. These are you basic products and they give you an idea of how expensive your supermarket will fair compared to another one. I would also recommend making a note of the food and drink items you personally value. For example, I personally like to drink wine and I eat a lot of chicken. Having made a note of these products visit the other nearest supermarket and compare prices.

Go local
Shopping at the big stores can be expensive. These supermarkets tend to dominate the surrounding area and push out local competition. For example, Tesco allegedly has a policy of buying up all the old land in local town centres to prevent other competitors from squeezing its margins.

Fortunately some local shops still survive. The local butcher and grocers are a must if you intend to find bargains. Don’t expect to find lovely straight carrots or perfectly shaped bananas. Instead you will find cheap, honest food, sourced from the local area. Not only is this produce fresh but it also puts money back into the community.

Take it online
Everyone loves a bargain but unfortunately you are never guaranteed one in the shops. There are certain times of the year, such as at Christmas, when you can expect many products to be discounted. However, if you need a bargain here and now why not try online. This becomes even more relevant when you consider the cost of petrol these days.

One of the most obvious stops is the money comparison sites. These sites compare products and services across the range. Be warned as not all of these sites offer any real discount. For example, there are many cases where you can get cheaper insurance by going direct to the seller.
The savvy surfers can also save themselves money by checking online vouchers or discounts for their normal high street shops. Often a store will highlight any in-store promotions online. This is useful to know as the spotty teenager serving you in the store is highly unlikely to be aware of any particular promotions.

Price Wars
Always keep an eye on the news for a bargain. It seems like every winter all the gas and electric companies are fighting for our money. You may not have realised when you think back at all the prices increases. Nevertheless, over time these companies start to reduce their prices in competition between each other. Go to an energy comparison site and see which energy company can beat your existing bill.

Back In The Home
There are literally thousands of small tips and tricks that our grand mothers’ could teach us in order to save money. I don’t really want to go through a lot of these but simply want to draw focus to the obvious. Don’t waste food! It might seem so simple but things like not throwing items out of your fridge once they have reached the “Best before date” will save you an absolute fortune. You should however bin everything that has passed the “Use by date” as this is an official government warning. Nevertheless, items such as pasta are edible far beyond the use by date so just use common sense.

Go Back To Basics
Something else that can save money is to grow your own vegetables. This might not be for everyone as not all of us have gardens. Nevertheless, you can grow your own veg in pots. So no excuses! At the time of writing it was August, so this is not the planting season. This is however a good time to plan your garden for next year. You can plant some seeds as early as February. In the mean time you can prepare the ground. Don’t forget you can also grow herbs in doors throughout the year.

Paul Tom works for Getmetopayday.co.uk which promotes Payday Loans. These are short-term loans that give you a cash advance when you are short of cash.

  • Share/Save/Bookmark

Create a Home Budget

August 28th, 2009

Creating an effective budget is vital for saving money, getting out of debt and creating a sound financial future. Here are a few helpful pointers to get you started.

First you need to set adequate time aside to devote to creating a budget. The process takes some time, but it is worth it so hang in there. Then you need to gather all of your important financials: paycheck stubs, last year’s tax return, bills and your credit report. These items give you a full view of your complete financial picture. Last year’s tax return allows you to compare what you were making last year to this year and anticipate how much money you will owe or get back this year so you can include that in your budget plan.

Your credit report will alert you to where you stand with debt and credit so you can better calculate how much you owe on all of your accounts and how long it will take you to pay them off. Your credit report can also give you insight as to what types of new loans you may qualify for so if you are preparing for an upcoming car or home purchase you can go into it with more information.

Keep record of what your expenses are for one month detailing everything. This gives you a realistic picture of how you spend. If you go the movies and out to dinner once a week with your significant other only allotting yourself $100 for a monthly entertainment budget might not be realistic. You need to be honest with yourself when budgeting. Either you need to stick to the guidelines you set for yourself of budget for your monthly ‘splurges’.

Try out your new budget. If it doesn’t work out well don’t just scrap it. Make adjustments where necessary and keep saving.

See your credit score for free, and find out what kind of loan you qualify to receive. See where you stand on the credit score scale and how you compare to the national average.

Article Source: http://EzineArticles.com/?expert=Gina_Delgado

  • Share/Save/Bookmark

Budget Ideas for the Upcoming Holidays

August 9th, 2009

Ahh yes, the eternal conundrum. We all want to travel, but travel costs money, now doesn’t it? Whether travel must necessarily be a huge drain on the ol’ bank account is a theme for another article, but I’m certainly ready with a few ideas for how to save up a few extra quid (or bucks, if you will).

1) Those things at the bottom of your legs? They’re called feet.

Rediscover them. Ditching the car can save you an absolute fortune. Clearly, most people are not in a position to go without wheels totally, but it’s worth asking yourself whether you really need it for that nip to the corner ship or taking your kids to school. Walking’s in my blood. I used to walk home 5km home from school each day and then in Vienna 7km to work and back. I loved it. It’s certainly a lot less frustrating than sitting in a traffic jam or cursing when the traffic lights turn red. If you’re in the position to try a less auto-filled life, give it a go.

2) Brown bag it.

Do you remember your school lunchbox fondly? I do! So revive it. Pack yourself a little picnic for lunch each day and you could save several pounds each meal. If you’re more of a hot meals for lunch kind of person, this requires more organisation, but it’s relatively easy to whip up a huge batch of chilli and take it to work a few days in a row or freeze it for later use. Sandwiches made at home tend not only to be healthier if you skimp on the mayo, but much cheaper than the store-bought variety. Additionally, with all these new cooking skills, you can impress your date or partner without forking out for restaurant food!

3) Make staying home the new black.

For all you social butterflies meeting your friends at fancy bars and restaurants several times a week: reconsider. It’s great fun, but incredibly expensive. Why not throw a dinner party and get your friends to reciprocate? Have a cheese and wine evening or stay in with some friends, pop some popcorn and watch a movie. Obviously don’t become a recluse – but start thinking about cheaper alternatives to activites you enjoy.

4) Save automatically

If possible, arrange with your employer that a cut of your paycheck is deposited automatically into your savings account. If this isn’t possible, try to be disciplined and do the same yourself with online banking. Even if you don’t manage it every month, it’s better than nothing. At home, try keeping a piggy bank around. At the end of each week, empty all your spare change into it. Nice and easy – you won’t even miss it!

5) Get a second job

Think you can spare an evening or two a week – maybe a day at weekends? Then this option may be for you. Jobs for students in particular are easy to come by: bar work, restaurant work, call centres, fast food gigs, even tutoring, so there’s no excuse. If you’re already in fulltime work, things are more tricky, but depending on the time you’re willing to invest, it is possible. Many restaurants and bars will take on staff for just a few shifts a week, particularly for awkward shifts other employees like to avoid. If your hours are more flexible, try joining an agency to pick up odd shifts here and there.

6) Do odd jobs

Babysitting, dog walking, lawn mowing? The world is your oyster. Ask around your circle of friends, post flyers in your neighbourhood, talk to your local parish, whatever you like. If you have additional talents, why not offer those out as well? Trained as an electrician? Quick and easy fixes. Studied history? Tutor some struggling students. Know a second language? Try teaching someone else. Make sure your prices are fair and people will pick up on it.

7) Keep your eye on the goal

It always helps to keep a close eye on your finances, particularly when you’re saving for a particular goal. If you don’t watch out, you can easily fall behind or fall totally off the wagon – this is not good! Make sure to check your bank statements regularly (internet banking is a godsend), keep your receipts together and try keeping a spreadsheet of your expenses so you can identify where your money’s going. You might discover some seriously big drains this was that you’d never noticed before.

Kathryn Castle writes on a range of subjects for HolidayCheck, including how to look your best on holiday or while traveling!

  • Share/Save/Bookmark

Coupons-Saving Money-Home Budget Ideas

July 30th, 2010

During this time of economic recession, more people are doing more to save buck. Although scrimping and saving money has never been fun, it is sometimes necessary to ensure the financial security of you and your family. And one of the most popular ways to save money is through the use of coupons. Coupons are usually tickets or other documents that provide discounts on certain products, but coupons can also offer other money-saving deals, including free products with purchase, free shipping, etc.

Although many people roll their eyes at the notion of coupons and stigmatize them as tools of the cheapskates, coupons actually have a long history of promoting products and saving consumers money. The first coupons were used by Coca-Cola to promote its product around the turn of the twentieth century. Coupons for a free Coca-Cola were mailed to potential customers or inserted in magazines. These coupons were successful in promoting the product, and in a span of almost twenty years, it was estimated that one in nine Americans had used a coupon to receive a free Coca-Cola.

After their initial inception, coupons gained widespread popularity around 1909 when C. W. Post (founder of Post cereals) started to use coupons to promote breakfast cereals and other food products. Today, most consumer-oriented organizations offer coupons to encourage customers to buy their products. The hope of these corporations is that coupons will entice customers to buy or use their products, and if the customers enjoy the product, they will continue to buy the product without the use of coupon.

Of course, coupons do more than promote a product. They can also help consumers save money. By frequently using coupons and by shopping for products according to current coupon discounts, shoppers can save a significant amount of money.

One of the most popular forms of coupons today is the internet coupon. Internet coupons are usually referred to as online coupon codes and are used to receive discounts on items purchased on online stores. Instead of physical tickets or documents, online coupons are a series of letters and/or numbers that a person must enter in the appropriate entry field to receive an offered discount. An online coupon code is usually entered when a customer is in the final steps of purchasing an item online. Online coupon codes are available through a variety of sources, and there is a rise in website organizations that provide lists of online coupon codes for thousands of different products.

But whether a person uses a coupon at a local grocery story or on an online shop, coupons can offer great discounts. They allow companies to promote their products and allow customers to save money. With coupons, everyone wins.

  • Share/Save/Bookmark