Tag: Jr

Why You’re Overspending (And How to Stop)

Compare your monthly income with your monthly spending. Do you notice a glaring discrepancy? Are your earnings in the red? Can’t figure out how you spent hundreds on groceries? You aren’t alone. Overspending is easy to do, and purchases can accumulate in the blink of an eye. Here are some reasons why you’re overspending and advice on how to stop.

You’ve fallen into a bad habit

Do you buy lunch at the deli down the street every day? This is just one example of a bad spending habit. It may be comfortable and convenient to make a daily or weekly purchase, but ten dollars per day, five days a week, four weeks a month equals $200 each month just for lunch. 

The best way to remedy a bad spending habit is to ease yourself out of the habit. For the lunch example, try packing a meal most days each week, and only go out once a week or so as a special treat. You don’t have to quit anything cold-turkey, and easing yourself towards a better spending habit might inspire you to be more mindful of what you buy.

You ignore automatic payments

This one is easy to notice, especially if you subscribe to magazines and newspapers that clog your mailbox. Still, with the rise of streaming services and other digital subscriptions, you may not be keeping track of all the services you subscribe to. It’s easy to let automatic monthly payments slip through the cracks, but those payments are also an easy way to lose money.

Each month, carefully study your credit card statement. Write down the names of subscriptions you used during the month, whether that means watching a movie on Netflix or flipping through a copy of Sports Illustrated. Next to that list, write down the subscriptions you didn’t use. Unsubscribe from the ones that you didn’t touch. You’d be surprised how much money you can save annually just by paring down your subscriptions.

You haven’t disciplined your spending habits

It’s hard to find someone who hasn’t disciplined their spending habits. Whether you fall victim to impulse buys at the checkout line or fill your gas tank before it hits the halfway mark, everyone has a spending vice. 

No two people have the same income, interests, and habits, which can make disciplining your spending habits difficult. The key is to figure out what you’re buying and why you’re buying it. It helps to break purchases up into categories, such as “loans,” “food,” and “entertainment.” Not only will this show how much you’re spending, but it will also reveal what exactly you’re spending your money on.

4 Ways to Make Money During Your Morning Commute

It’s normal to dread your morning commute as you spend time in traffic before arriving at the office for a long day of work. Although it may seem like a waste of time sitting on the bus or train, there are ways that you can earn extra money before arriving at the workplace. If you want to make cash during your commute, there are a few different methods to consider to occupy your time each morning.

Sell Items on eBay

Selling items on eBay.com or Amazon.com is an excellent way to supplement your income and enjoy a fun hobby. You can create a seller’s account and list items that are sitting in your attic or that you find at yard sales. Drop shipping is also available where you purchase items for lower prices on other websites and list them for a higher price. Drop shipping is convenient because you don’t have to worry about having the items in your possession and manually shipping everything.

Sell Your Handmade Goods

Whether you enjoy making knitted scarves or jewelry items, you can sell your handmade goods on Etsy.com without worrying about having to get a business license. Take high-quality photos of each product and write a thorough description that engages the reader to attract more customers.

Write

If you’re good with words, you can make extra cash by writing articles and selling them to clients online. Creating your own blog is also a great way to earn money by attracting traffic to your website when you write posts based on topics that you enjoy and are knowledgable about, which can include cooking or fashion. You can integrate SEO tools to increase your ranking on search engines and make it easier for people to find your blog online.

Take Surveys

According to lovemoney.com, many websites offer gift cards and cash to individuals who take surveys. The websites will also pay you to watch commercials and ads. Each activity that you perform will allow you to earn points, which can be redeemed for money over a period of time. You can use the money to save for an upcoming trip or use for Christmas gifts, which can allow more wiggle room in your budget for your daily expenses.

4 Valentine’s Day Gifts That Won’t Break Your Budget

Valentine’s Day is right around the corner! With all the dinner, card, and gift options available, it is quite possible to blow your budget if you aren’t properly prepared. Whether you’re on a strict budget or tired of wasting money on gifts that will be forgotten about months later, here are some meaningful gifts that will give you the most bang for your buck:

Wine Anyone?
What better way to enjoy some alone time together than having a wine tasting date night. The best part is most wineries and breweries offer discounted tickets or free (yes, FREE) wine tasting events all year long. Check out your local wineries and breweries and see what they have to offer.

Pro tip: It may be difficult to get tickets for Valentine’s day, so try surprising your loved one with a surprise date on or before the holiday.

Home-cooked Meal
Valentine’s Day is one of the most difficult holidays to make dinner reservations for. Many restaurants increase the price menu items and may require you make a reservation weeks, months, or even a year in advance. Skip a crowded restaurant and make your significant other a home-cooked meal.

The two of you can make the night even more memorable by choosing a meal neither one of you have made before and cook the Valentine’s Day meal together.

Get Crafty
Fancy greeting cards are all the rage on Valentine’s Day, but do you really need an overpriced piece of paper to express your love? No. Why not try stopping by your local craft store, gather some supplies, and create a personal card that will touch your loved one’s heart.

Sweet tooth Solutions
A wise man once said, “life is like a box of chocolates -you never know what you’re gonna get”. While this remains true, a box of chocolate is another overpriced item during the Valentine’s Day holiday season. Opt for purchasing the necessary items from your local supermarket and bake a batch of homemade cookies or your significant others favorite dessert.