Category Archives for "Living on $30000 or Less"
One of the most important parts of living on less is thinking like a business person. Come up with a business plan for your business. Your family and your life is YOUR business. Treat it that way. The secret is to Plan, Plan, Plan.
These days it seems as though everything has gone up in cost but, wages haven’t seemed to follow that trend quite as quickly. That is where being thrifty comes in handy. There are many things you can do to try to make your paycheck go farther when it doesn’t seem to be quite enough.
With some planning and budgeting and thrifty work, you can live like you have a bigger income.
Being thrifty means that you are using your resources (in this case money) wisely and not wastefully. This means that you are carefully stretching your money as far as it can go instead of just spending without thinking.
Actual stores or sales can be a great spot to look but, don’t forget about local buy/sell/trade groups on facebook as well. I find many great deals on these as well.
Many times I find that the product I am searching for is cheaper on the retailer’s website. Many stores are starting to be able to offer those prices in store; you just have to ask.
Putting all of these or even some of these to use will really help stretch your money further. If you are wise with how your income is spent you will not feel like you are missing out on anything. You can still live the “great life” on a limited budget if you put your mind to it!
If you just got a tax refund and you have been living lean in an effort to get ahead (or simply stay afloat) your first instinct may be to splurge… But, remember when I mentioned the lottery and all of those financial talks? When people first get a large sum of money the first thing they want to do is SPEND. A smart person knows that the first thing you do is stop and THINK. How to build wealth? How can you maximize this money? How can you grow this money? How can you make this money work FOR you? Whether it is $100 or $10,000 the first thing you need to do is make sure that you know where the money that you owe that isn’t yours is at.Continue reading
It is that time of year. The time of year that we fill out endless documents that verify how much we have paid into the system and how much if any we will owe or get back. I hear it all the time I can’t wait to get my tax refund. I am going to buy “insert item that isn’t needed here”. This is How to Make Money Using your Tax Refund.
The first thing I need you to do is figure out what debt you have. Yes, you read right what do you owe and where? Then you need to figure out what you are paying on each debt that you owe. Three things to look at:
The truth is a tax return is evidence that you are giving too much to the government and they are returning your surplus. People act like this is free money. It isn’t! It is actually your savings. I would suggest saving it. It isn’t what you save, it is what you spend.
Are you thinking about getting your finances under control and tightening up your belt to achieve some goals? Then first thing’s first, you need a budget! Goals are great, but you need to know where you are starting to know where you’re going to end up and how to get there.
There are two ways to on How to Budget Your Money. First, would be listing out all of the possible spending categories (payables) and plugging in your “take home” income (receivables). The other is the reverse. List out all of your monthly expenditures and then divide your monthly income up accordingly. Personally, I think there is no “right” or “wrong” way but only a matter of preference and what actually works for you.
Raising a family is fun but can be full of challenges. As kids grow so are the family’s expenses, that’s why it’s important to stick with your family home budget. Below are some simple tips that you can do to save big and live on $30,000 or less.
Savings tips for the home:
Saving tips for kids:
More than anything be realistic about your situation, of course there are things I wouldn’t mind having, but I have to stop and ask myself if it’s something I really need and/or would even use. Usually the answer is no. :-/
Thanks to Alexis R. for sharing these tips!
Also check out our money saving tips:
Do you have Family Home Budget tips? Share it with us below.