Search Results for: saving money

4 Space-Saving Tips After the Wedding

You have finally tied the knot with your wedding and two have become one! It is so exciting, but taking your relationship to the next level is a massive move that requires some adjustments. As you start your brand new life with your spouse, you will have to learn to adapt to sharing the same space. When you were dating and living in different houses, you each had your own space, your own things, and your own taste.  And if you’re used to living totally alone, then you will have to adjust sharing one tiny space. What will happen to your other things? Consider the following space-saving ideas below to help you deal with your new married life as you convene in one house.

Place Big Ticket Items in a Self-Storage Facility

As a newly-married couple, you come to live together and realize you have so many big items that you share. You both have the set for your living room, dining area, bedroom, or more. You only need one set each in your new home, especially if it is a tiny starter house or an even smaller condo.

Instead of giving those away immediately, consider putting them in an affordable temporary storage unit like Anaheim self-storage. They have different storage unit sizes to address your needs. These big-ticket items are very expensive, so you may want to hold off on giving them away. After all, you can use them when you eventually build your own dream house.

Of course, post-wedding, this is hard to do because you’ve just spent a ton of money on the ceremony and the reception. But somewhere down the line, you will be needing the extra sofa set for the family room in your new home or you could use the LCD television you’ve kept for your spare bedroom.

Make an Agreement Regarding How Much You Can Bring

Often, space issues arise because you haven’t with your partner ahead of time regarding your expectations. You may value minimalism, but your spouse could be the polar opposite! This will undoubtedly create friction in no time. And even if you’re not polar opposites, you may eventually become upset with each other as these minor disagreements add up. 

If you want to have enough space and freedom to move around in your new home, you will have to talk and agree to certain terms. You may have to compromise with each other regarding the stuff you can bring in your shared space. Out of respect for your spouse, you may have to accommodate his Matchbox collection even if you don’t like it. Most of all, you have to agree to respect each others’ privacy, so you must never declutter and purge your spouse’s things without securing permission. This agreement regarding how to manage space will make your life a newly married couple smoother.

Donate Your Duplicates 

It is a smart decision to hold on to big-ticket items because they cost a lot of money. However, this rule doesn’t apply to cheaper items. You will certainly have duplicate items with your spouse like your coffee maker, iron/ ironing board, toaster, microwave oven, vacuum cleaner, and so on. Rather than hoard these duplicate items that will only consume too much space, it is better to donate them to a local secondhand store or give them away to friends who need them.

Keeping these extra items will only add to the mess in your home. The last thing you want is clutter as this disrupts your peace. If you want to save on space and maximize the existing one your small home provides, then you must part with these items that your spouse already has. Letting go of things you don’t need will keep you from having a disorganized home.

Minimize Your Personal Items

Last but not least, if you really need more space, then both you and your spouse will have to trim down your personal belonging. Take out the shoes, bags, accessories, and clothes that you no longer use. If you have not used them within the past six months, then there’s a greater probability that you won’t use them anymore. It is time to find a new home for your gently-used items.

The same thing goes for power tools, cutlery, dinnerware, and more. If you have no plans of using them and they just sit around gathering dust, then it is time to let them go. Things that don’t get used over a long period of time just lose value and usability, so it makes a lot more sense to give these items away to someone who will appreciate them.

Saving Together Means Playing Together

 Saving Together Means Playing Together

Having a shortcut to saving money is something everyone would like. With a small amount of effort in the right directions, it can become a reality. It may seem to be difficult to accomplish when looking at all the times just a little extra cash would have been nice to have but was nowhere to be found. Keeping a few details in mind, you can minimize the areas where the money seems to just disappears. Before long, the savings will start to add up and opportunities that were out of reach will be the next planned event for the family. Things like taking a vacation will cease to be a dream and instead will be a regularly scheduled occurrence that does not leave parents working overtime the rest of the year.

Traditionally, Getting to the airport in time for your flight is always a worry. One of the issues whether to pay someone to drive you to the airport which can be expensive and cause you to miss your flight if transportation is late or unavailable. Driving your own car to the airport can also be expensive and a hassle if the airport lots are full. There is an easier way. Reserve your parking in advance with Got Parking. By reserving your parking in advance you have one less thing to worry about, and you will save money that you can put towards making your time away more enjoyable!

To figure out where all the income is being pulled into, which is surely a black hole from which there can be no escape, take a look at the bank statements of previous years. While examining these records, pay close attention to all the things that are not absolutely essential expenses, such as eating at restaurants and ordering takeout food to start. Next, look for the items purchased from retailers that could have been just as easily left on the shelves for the next person trying to give away their wages. Another option is to go on a scavenger hunt around the house for products that have not been used and can be returned, even if only for credit. The credit can be used for necessities as an alternative, like food, if they can be taken back to a store that also houses a grocery section.

An approach that is often overlooked when trying to find ways to save money on a regular daily basis is to limit wasting electricity when it is not actively being used. It just requires at least one individual to pay attention to what is not frequently needed and simply make certain to always unplug it. Most electric devices, especially those with a digital display that is always on, have an initialization circuit that constantly uses power when they are not in use or even turned on. Additionally, entertainment electronics should also have the plug pulled out in every room of the house or be connected to a multi-plug surge protector that is turned off when not necessary to run. Appliances can all be a significant cost to leave plugged in like:

  • Clothes washers and dryers
  • Hair dryers, curling irons, straighteners, etc.
  • Countertop machines like can openers, blenders, coffee makers, etc.

All of these modest adjustments will have a major influence on the amount the power company claims is owed at the end of the month. To save further in common places of loss, be sure to keep windows and doors closed at all times when the house is heated in the winter unless there is an unavoidable reason to open them. This will prevent the furnace from having to use additional power to reheat the space when it should not have needed to. Incorporating these basic guidelines into the daily routine can sound like a lot of hassle, but it is only a matter of changing inefficient habits into ones that conserve energy and costs. Teaching other members of the family to do these same things will eventually create a far more economical lifestyle, which easily provides for the fun stuff everyone loves to do.

Ways to Save Money on Your Monthly Expenses

Save money on your monthly expenses

 

The cost of living these days is hard on everyone. Your expenses increase but your paycheck doesn’t do the same (or at least as often). Even if you have enough to cover your bills, it may not be enough for you to budget for things like savings, future planning, and entertainment. The stress of not having enough money to live life is stressful and, quite frankly, no way to live. The truth is, it is possible to save on things you need and use all the time. You just have to know where to look.

 

Mortgage or Rent

Your monthly mortgage or rental payments are likely your biggest expenses. Depending on where you live, this expense alone could take up more than a quarter of your income. There are a number of ways you could free up cash or find ways to save on housing costs.

Refinance – for homeowners who feel they’re paying too much for their mortgage each month, there is an option to refinance to find savings. If you qualify, you could receive a lower mortgage payment, shorter loan terms, or lower interest rates – all of which can save you money in the end.

Negotiate – renters may feel they don’t have any options when it comes to housing costs, but they often do. Do some comparative research to see what other tenants are paying in your area. You can use this information to negotiate a lower payment with your landlord. You might also offer to complete your own repairs (of a certain dollar amount) in exchange for a lower rate.

Sublet – both renters and homeowners may have another option to save money on their housing costs – subletting. This is where you allow someone else to move into the home to help cover some of the expenses. You can rent out a room and use the payments to cover all or part of your rent or mortgage. If you’re a renter, make sure subletting isn’t a violation of your lease.

 

Utilities

Another monthly expense that can’t be avoided but can also be very costly is the utilities. Paying for gas, water, and electricity can really add up, especially during seasons where it’s extremely hot or cold (as the heater and air conditioner are in constant use). There are, fortunately, a few ways you can save on utilities as well.

Energy audits – hire an electrician to complete an energy audit of your home. This assessment will give you a clear picture of how much energy you’re using and what areas could use improvement.

Solar energy – if you’d like long-term savings on your energy costs, consider solar energy options. You can consult with some of the best solar companies in Utah or wherever you live to find out about installation rates. Though a hefty initial investment, the reduction in energy use will save you money each month on your energy bills.

Weatherizing – if the electrician told you that your home wasn’t efficient, it could mean that you need to weatherize your home. Sealing up holes and cracks, adding insulation in the basement and attic, and potentially investing in better windows and doors for the property can reduce energy waste which saves you money.

Water conservation – to slash the costs of your water bill you’ll need to practice conservation. Installing timers for the shower, and using a low-flow toilet can decrease the amount of water used every month.

 

Groceries

Your family has to eat, but paying for groceries each week can be taxing on your budget. Here are a few ways to save on food for your family:

Use coupons – coupons are just like cash and should be used as such. Clip coupons from your local newspapers, hold onto coupons received in the mail and check for printable coupons online to save hundreds of dollars on your groceries each month.

Buy store brand – name brand food products may be what you’re used to, but they generally cost more than generic brands. The truth is, the store brands taste just as great. To save money on your groceries start buying store brand items. 

 

There’s no denying that it’s getting more challenging to raise a family on a budget. There are so many things that your family needs, but finances are often limited. If you can’t change your financial circumstances (like getting a higher paid job), the next best option would be to learn how to find savings. Whether it’s your healthcare, car maintenance, mortgage, rent, or utilities, there are ways around paying full price. Before making a purchase do some research to determine the best ways to slash those prices.

Managing My Money the Adult Way

Image courtesy of Stuart Miles / FreeDigitalPhotos.net
Image courtesy of Stuart Miles / FreeDigitalPhotos.net

 

I’m old enough to remember what it was like to have to sit down every month and balance a checkbook—not just because I watched my parents do it but because I had to do it too. Paying bills and managing money online seems so normal now but really, it’s only been normal for a few years. A decade ago very few people trusted the internet enough to let it manage their bills and almost nobody had anything that remotely resembled a smart phone. Heck, it was just two years ago that Investopedia was warning us against using personal finance apps and tools.Continue Reading…

Image Map
Copyright 2014 Family Centsability