Do you remember having great meals with your grandma? Maybe she’d have a Turkey and some soup with vegetables fresh from the garden. The odds are this meal cost less to make per person than your average frozen pizza.
Education
Thinking About the Per-Use Cost of Everything
You go to the grocery store and think “Ok, if I buy lunch meat and bread I’ll save on lunch this week, instead of going out”. But to really understand if that’s true, or to quantify exactly how much you’re saving, it’s best to break the purchase down into a per-use cost.
The Cheaper Options
One of the first things most people do when they begin to look at their budget is ask “what can I cut?” or “how can I save money?”. With a little creativity, you’d be surprised how many free or cheap options are for the things most people spend money on.
We Make Money Easy Episode 18 – Make More Than Minimum Wage
Phil and Andre brainstorm some ways that you can make above minimum wage without any special training, education or experience.
The Difference Between Being Frugal and Being Cheap
One of the hardest parts about living a frugal lifestyle is fending off the complaints of your spendthrift friends that you are a “cheapskate”. Since most people don’t live within their means, this peer pressure often makes us break our budget. But there is a difference between frugality and cheapness, and I don’t advocate that anyone become a cheapskate.
Saving Money on Groceries
I find Groceries to be the biggest enigma in the American household. No one seems to know what an appropriate amount to spend should be, yet everything thinks they spend too much. Some people can get by on any food, while others find they need to maximize the nutritional value of what they get. Here’s some tips on how we save money.
Spare Change, It’s Still Money
This isn’t exactly a new savings trick, but a quick and easy way to start some extra savings is with your spare change. We all have this stuff floating in our couch cushions, or maybe in a neat pile on the dresser.
Cash Flow vs Budgeting
By far the most common question I get for people signing up to BudgetSimple is “How do I budget weekly with your system? I get paid weekly (or bi-weekly, semi-monthly, on commission), and your system does monthly budgeting.”
Savings Tip – Evaluate Your Health Insurance Periodically
For this article, we’re going to assume you are lucky enough to have employer provided insurance (that you pay partially). Typically the way this works is when you start at a job you’re given a big packet of options, which you make a semi-informed decision about, and then leave out there while you go about your life. Now is a good time to evaluate your coverage and see if you can save money.
