SHARING – one of the most important personal virtues that I’ve learned in my primary school years. This life taught virtue has helped me a lot over the past 30 years saving me quite a bit of excruciation, frustration and some money. In the university, I garnered quite the reputation for influencing others into buying stuffs that could help them save on the total cost of their purchases. I quickly realized that sharing a regular monthly subscription plan like Netflix or other services like an ultra-speed fiber internet connection from Verizon or LightTower can save me a bucket load of my scarce money. It’s so easy to do as well.
Sharing a monthly movie subscription service is unbelievably simple and cost efficient. Our most likely share-partners can often be our next door neighbors. Your office colleagues, co-workers and close friends can be great potential candidates to make awesome subscription partners too. Netflix is by chance one of the most suitable subscriptions to share with taking into consideration their system of running it.
By configuring a profile for yourself and the share partner you are dealing it with, you both can be certain to obtain what you wanted without running the dangers of one subscription partner taking all of their chosen movies and television shows at once. You can also share Netflix’s Watch Instantly feature making it easily doable to watch a movie you like on-hand despite the fact that you are only sharing a 2 – DVD movie plan.
Now here’s one twist, instead of paying for a monthly Netflix subscription, why not find free Netflix accounts instead? If you are lucky to find one, then it’s gonna be extremely awesome! There a lot of websites giving off free Netflix login accounts. Not to be too greedy about it, but if you can find a share partner for this free Netflix account too, then you are up for an extra income. More »
Being the one in-charge of formulating the family budget, chances are, you already had the unlikely experiences of having a magnificent budget plan that was not executed too well. Don’t worry though, you are not alone. Things like these happen to many other families and couples as well. With minor adjustments in your budget formula and some cooperation and help from your family, the budget will work as it is.
Try to formulate a goal or a vision for the family budget. Have a chat with your spouse and children about whatever budgetary hindrances you are facing, or whatever financial expectations you intend to set. Honesty plays a great role on this. By being truly honest about the expenses, bills and/or loans you have to pay, or your goals to save a certain sum of money for the family emergency fund or a college fund maybe. Your family’s understanding on your budget goals can help a lot. This will create awareness for saving money and thus change their perspective on any purchases they make even without your around. Because they understand the family budget goals, whatever money crunching techniques you implement won’t be counter-acted by a mere shopping spree by your teenage children.
Creating a list of expenditures per family member is also a good strategy. To do this, you have to identify which household items you can do away with, in order to save up some spare money from the monthly payslip. By doing the brainstorming together, each and everyone in the family is able to lend a hand by expressing their ideas about it. Every little idea counts. A single cent saved is also a great contribution. Doing this together makes you see that everybody’s effort can actually contribute into making your family’s finances better. More »
In this world today, prices of common goods and commodities never seem to go down. They always go higher every year. And with this main factory, saving money becomes a hard job for most people nowadays. To help you save money, here are some simple pointers I could think of for you:
1. Determine the things that are important to you. Identify the items that you really NEED and the items that you just WANT to have. Always bare in mind that you should only buy things that are important and needed in your lifestyle.
2. Try your best to spend your money only on BASIC NEEDS like food, transportation, shelter, and clothing. These basic needs, “the bear necessities,” are worth spending for because these are important for your health, well-being and security. These are the items that you cannot live without and should have proper allotment in your budget. More »
You always say you know where your money is going and that you don’t need it all be written down to keep up with it, right? I’ll then give you this challenge. Keep track of every penny you spend for one month and let’s see if you can account for all of your spending. And I do mean every penny…
You will be surprised at what the small petty expenses sum up to. Take the total of what you’ve spent on just a single unnecessary item for that month, multiply it by 12 for months in a year and multiply the result by 5 to represent 5 years.
That is approximately how much YOU COULD HAVE SAVED and DRAWN INTEREST on in just 5 years. That, my good friend, is the very main reason all of us need to do a budget.
If we can get in control of these petty little expenses that really don’t matter to the overall picture of our lives, we can actually attain financial stability if not financial success. More »