Category Archives for "Living on $30000 or Less"

Money Management Skill

Thriving and (not just surviving) under $30,000 Part 6

Money Management Skill

Money Management Skill

The important money management skill that we should learn asap is to stick to your budget and hold yourself accountable.

Accountability is hard. Persistence is hard. If it was easy, everyone would have everything they want exactly when they want it. At the end of the day, what is important to you? It takes time and hard work. If you to want to head toward the goal of not needing to work to live, then you must chip away and the things keeping you from that goal. If you want to live more and work less, you need to get to a point where you don’t need more than you have. Do whatever you need to do to make the goal forefront I your mind. Do you need your partner to check you when you get off track? Great! Then get them on board with the plan so they can help and encourage you when you are faltering. Do you need a dream board? Great! Some people need to see that cabin in the mountains, that trip to Disney, that new car to help making sacrifices an easier thing to do. Do you live electronically? Great! There are many programs out there that can help you stay on track to achieve your goals. Find what works for you and stick to it. But beware your darlings, if it isn’t working for you then change it because it will quickly work against you. Reevaluation of your priorities is crucial. Money can buy you happiness. Not because if the amount you have in the bank, but because of the hold (or lack of a hold) that it has on you. Consider why you are living lean. Remember that a little bit of sacrifice can pay off huge with a little bit of time, preparedness, and commitment. It is tough, but life is tough. Make the sacrifices as long as they serve the purpose of the bigger picture. Only you can make this change in your life. Pennies do add up and you will be surprised how quickly you see a real change in your life.

Best Frugal Tips

Read part 1 of Angie’s Living on $30,000 Best Frugal Tips on Thriving and (not just surviving) on $30,000 a year!

Basic Home Budgeting

Part 2 – Basic Home Budgeting

How to Budget Monthly

Part 3 – How to Budget Monthly Finances Wisely

How to Not Spend Money

Part 4 – How to Not Spend Money

Smart money saving tips to get your debt under control.

Part 5 – Smart Money Saving Tips to Control Your Debt

Angie Rumpf

I am a stay at home mom and happily married to my husband Tom. I have a five year old daughter and a two and a half year old son. I grew up in Orlando, but went to school in New York City and lived in Los Angeles before moving home to raise a family. I have worked in the film industry since the early nineties, and for over a decade with the Florida Film Festival. I also spent many years working in marketing with Glaceau and Honest Tea. But, I am happiest at home building my family.

For more Money Management Skill Tips, read these:

get rich

How to get rich in 5 minutes a day

frugal ways to save money

Frugal Ways to Save Money: Getting Out of Debts

30,000 image.jpg

How to Save Up Money: Tips for Living on $30000 or Less

Living on 30000 or Less: Raising a Family of 6

Living on 30000 or Less: Raising a Large Family

Smart Money Saving Tips to Control Your Debt

Smart Money Saving Tips are a must when you are working to live on less than $30,000 per year.  It’s easy to manage to get your debt under control when you use our great tips.

Smart money saving tips to get your debt under control.

 

Smart money saving tips to get your debt under control

What is the best way to tackle a mountain? Face it head on! Your financial freedom is your own personal Everest. Break it down and tackle it one step at time. Get your budget together. Cut out your reckless spending. Make a list if your bills and handle them one at a time based on how it is impacting your bottom line. Get your hands on your credit report and start scrubbing. Make your own calls to collectors and figure out what you can do to get your debt taken care of. It is scary. No one wants to admit they can’t pay for things the bought because they “needed” them. There are options out there if you are willing to try to fix it. Companies want you to fix it. They want to help you. You must be organized and committed though.

You could buy a box of envelopes, stamps, and blank checks and write out payments of $10 every month to everyone. On the first of the month every month you mail them out. You will need to keep good notes and hold yourself accountable. Keep a debt calendar or spreadsheet. There are apps out there!  This is a great one  Military Savings App. Find the one that is right for you. Be realistic with what you can pay and pay it faithfully. Shop around for better rates. Maybe your loyalty to a brand can be bought out by another company and lower your bill? Maybe after you bring down the payments on credit cards your can be consolidated? Here are 5 tips to lower Car insurance, warranty packages, health and fitness, daycare, mortgages, and student loans can all be shopped around for. Do your homework. This is your business. It is hard, but if you can get out of debt now and save your money, the important things in life can get the attention they deserve. Isn’t that the point?

Best Frugal Tips

Read part 1 of Angie’s Living on $30,000 Best Frugal Tips on Thriving and (not just surviving) on $30,000 a year!

Basic Home Budgeting

Part 2 – Basic Home Budgeting

How to Budget Monthly

Part 3 – How to Budget Monthly Finances Wisely

How to Not Spend Money

Part 4 – How to Not Spend Money

 

Angie Rumpf

I am a stay at home mom and happily married to my husband Tom. I have a five year old daughter and a two and a half year old son. I grew up in Orlando, but went to school in New York City and lived in Los Angeles before moving home to raise a family. I have worked in the film industry since the early nineties, and for over a decade with the Florida Film Festival. I also spent many years working in marketing with Glaceau and Honest Tea. But, I am happiest at home building my family.

For more Smart Money Saving Tips, read these:

get rich

How to get rich in 5 minutes a day

frugal ways to save money

Frugal Ways to Save Money: Getting Out of Debts

30,000 image.jpg

How to Save Up Money: Tips for Living on $30000 or Less

 

How to Not Spend Money

How to Not Spend Money

How to Not Spend Money?

The answer on how to not spend money is to Reprioritize.

How important is that next vacation? Does it have to be an island getaway? Isn’t the greater goal of a vacation to reconnect to yourself, your family, and what is really important. So why couldn’t vacation be in town seeing all the things that you always said you would take your kids to see, but never did?

What about that new bag or shoes? Why not ask a friend if they want to trade bags with you or get a good pair of shoes resoled?Continue reading

Best Frugal Tips

Best Frugal Tips

Thriving and (not just surviving) on $30,000 a year!

Best Frugal Tips

$30,000 a year does not seem like much. It definitely doesn’t seem like enough for one person to live off of for a year. Much less a family of four! It is a very unrealistic number for some people. The factors that make it unrealistic are usually self-imposed though. Getting to a point where you can live on such a modest amount of money can also be self-imposed. The key to it being possible is wanting it to happen and making it happen. When there’s a will, there’s a way. Here are some of the best frugal tips that you should consider.

Best Frugal Tips for Living Under $30,000


There are several factors that you need to consider making a financial lifestyle change. First, get real about your finances. It is very easy to look the other way, ignore the problem, and make excuses. Get ahold of your budget and really look at it. Dive into it. Become a CEO and think of your house as your business. Look hard at your expenses and see what is driving up the cost. If you choose to live in a big city where your rent is $3000 a month, maybe it’s time to look into a roommate, co-op, or suburban life. If you’re spending so much time at work that you can’t grocery shop and cook for yourself that dining out or eating fast food and it’s time to look at the cost/benefit ratio. What about your “must-have’s”? Are they really “must have’s” or are they “most wanted”? And finally, look hard and long at your debt. Is the stress of worrying about if the next phone call is a collection call or if your mailbox is full of bills worth it?

Making a change is not easy. It may mean compromise. Actually, it will always mean compromise. If what you get out of that compromise is a winning scenario that means less stress, more time with your family and friends, and more money for the future… then isn’t that compromise worth it? Play the game with the hand you are dealt, not with the cards the dealer hasn’t given you yet. If you don’t have the money in the bank, just wait until you do.

 

Basic Home Budgeting

Part 2 – Basic Home Budgeting

How to Budget Monthly

Part 3 – How to Budget Monthly Finances Wisely

How to Not Spend Money

Part 4 – How to Not Spend Money

Smart money saving tips to get your debt under control.

Part 5 – Smart Money Saving Tips to Control Your Debt

Money Management Skill

Part 6 – Money Management Skill

couple money talks

Part 7 – Why Couples Should Talk About Money?

Find out the secret on How to Use Your Tax Refund to Build Wealth

How to Use Your Tax Refund to Build Wealth

How to Manage Food Budget for Family?

How to Manage Food Budget for Family?





Angie Rumpf

I am a stay at home mom and happily married to my husband Tom. I have a five year old daughter and a two and a half year old son. I grew up in Orlando, but went to school in New York City and lived in Los Angeles before moving home to raise a family. I have worked in the film industry since the early nineties, and for over a decade with the Florida Film Festival. I also spent many years working in marketing with Glaceau and Honest Tea. But, I am happiest at home building my family.

For more Best Frugal Tips, read these:

get rich

How to get rich in 5 minutes a day

frugal ways to save money

Frugal Ways to Save Money: Getting Out of Debts

30,000 image.jpg

How to Save Up Money: Tips for Living on $30000 or Less

Living on 30000 or Less: Raising a Family of 6

Living on 30000 or Less: Raising a Large Family

3 Lessons to be Debt Free For Life

To live frugally is not something that I do naturally. It is something that I continue to learn how to do so that our family can afford for me to be at home with our 3 year old. It is not easy and there is some work to be done to save money and be debt free. The key for me has been to learn to spend less and save more without that becoming the focus of our family’s life. I certainly want our children to understand the value of a dollar and to make good financial decisions. However, I don’t ever want them to feel that the expenses of having them are a burden to us as parents. In our house, it has turned into more of a we save money on x, y and z so that we can do a, b or c. Our children know that we focus on keeping our monthly expenses low and they know that Mama is very serious about her coupons.

Debt Free comes easily when you use our 3 Lessons to be Debt Free For Life! Great tips for learning how to rid yourself of debt on any income!

This has been a difficult balance to achieve. We began to focus on our expenses out of sheer necessity. The details aren’t important. I’ll simply say that the economy affected us as it has so many others and we had to make changes. As we faced the task of cutting expenses and living within our means, I realized that our stress was obvious to our kids and it bothered me. It changed how I dealt with the worry and the strain because I didn’t want them to worry. I don’t want them oblivious to the world, but they will face their own financial worries later in life; now is their time to be children. In the course of all of this change, I learned some important lessons about saving money and be on the way to be debt free for life.

Debt Free comes easily when you use our 3 Lessons to be Debt Free For Life! Great tips for learning how to rid yourself of debt on any income!

Living More Frugally is the Key to Be Debt Free For Life

1. Make Saving Money Educational: When my children do go to the grocery store with me, I use coupons as math lessons. I pick up the item, tell the child the price, the value of the coupon and if it will be doubled. It’s his or her job to tell me the price. When we are shopping for clothes and there is a 20% Off Sale, I ask them to figure out the reduced price of the piece of clothing. They have to figure out the answer or Mama’s not buying! I am certain that my children do not always appreciate the math lesson, but I realized recently that my mother did this with me. Because of this, I can figure out sale prices in seconds and make decisions about deals. It is a gift my mother gave to me and one that I am passing on to my kids.

2. Buy What You Need Before You Need It: I do not have a stockpile. I don’t have room for one and I’m not totally in favor of large stockpiles. I do have a few back-ups for the non-perishable items that I know we will use. For example, ketchup is like liquid gold in our house. When it goes on sale and I have coupons, I buy a few bottles. It saves me later. By doing this, I usually save on all of these items. When I do not, I end up in a pinch and have to pay full price. Mama would rather but it as a discount.

3. Plan, Plan and Then Plan Some More: If there is anything I underestimated about living frugally, it is the planning required. It is not enough to cut some coupons, sign up for the store rewards card and head on down the aisle. That will lead to a much bigger spend than you intended. Ask me, I know. I have the receipts to prove it. Saving money is a process. It involves planning meals, sourcing coupons, reviewing the sales, possibly visiting multiple stores and sticking to your plan. My approach has changed and is becoming more like a ritual each week. I have changed from a small coupon holder to a large binder so that I can find my coupons more quickly. I read all of the flyers, identify the best sales at different stores and match coupons where possible. I have changed my approach to cooking and meal planning. The more we eat in, the less we spend and the more I plan, the less we eat out. For each trip to the store, I have a list in spreadsheet form with the prices of sale items, my coupons and more. It keeps me in check and I’ve learned that makes a big difference to our bottom line.

We’ve been focused on living more frugally for about six month now and we have seen results. By cutting our expenses and saving on food, we have been able to take our kids on mini-vacations and day trips that we would not have been able to afford. We’ve refocused our attention so when possible, extra money is spent showing them the world around them. A museum trip, a weekend at the beach and a few afternoon Texas drives were made possible by this frugality. The best part is that saving the dollars has given us back so much more than money.

Thanks to Cyndy Lay for these tips!

Do you have tips on how to be Debt Free for Life? Share it with us below.

Read more of our Frugal Ways to Save Money tips:

get rich

How to get rich in 5 minutes a day

frugal ways to save money

Frugal Ways to Save Money: Getting Out of Debts

30,000 image.jpg

How to Save Up Money: Tips for Living on $30000 or Less

 

How to Get Rich In 5 Minutes a Day

How to get rich in 5 minutes a day

I know we all hear of the “get rich” schemes. We all eventually hope to “get rich“. We hope to be at a point in our lives where we do not wait for anything. The place that we feel happy. We have become a society that equates that with monetary riches. get rich

How to get rich in 5 minutes a day

I gave  you my how to save up money tips. I also shared with you tips on living on 30,000 or less. I  showed you frugal ways to get out of Debts. I didn’t really give you the tools you need to get rich in five minutes a day.  I will do so now.

  • Determine your ultimate goal!
  • The first thing you need to do is believe in yourself. You need to tell yourself that you are smart enough and good enough. There are enough people in the world who will challenge who you are. It is your job to be committed to being your own personal cheerleader. It is with confidence that we make progress.
  • Read something that interests you and will move you closer to your goal. Take a moment everyday to become more educated on something that will help you achieve your goal.
  • Do not compare your awesome to someone else.
  • Define what rich means to you. I mean really think about it. I define rich as having what we need and being able to plan for our future and we are also able to help others. I do not define rich as us having a Rolls Royce because that isn’t something I am likely to obtain and I am not sure having one would really add richness to my life. Well, not the same richness as being able tell my children that if they study hard and get into college we have already saved for it and they will not have to take out loans for under graduate. That means more to me than the Rolex watch I have wanted for ten years and still do not have.
  • Set a purpose for your day find something that brings you meaning. The purpose I had for yesterday was to read three chapters in a book without pictures. It makes me happy to read and I was going to make time in my day to read a book. Time is a treasure that we never get back.
  • Take time to share your gift or passion. It will reward you with pride. I sit with my kids everyday and help them with something. I love seeing the smile on their face. If you do not have children help a neighbor or community member. We all have something we can teach someone else.
  • The final bit of advice I can offer is do not define richness as money. I believe being rich is appreciating what you have. Thinking about everything that makes you fortunate. I am rich because I have a family, a husband, an education, and a job that I love. I can read and learn. I get to meet new people and I have the ability to help others. I am rich because I believe every person is valuable and every person has something to contribute. I know one of my gifts has always been reminding people that they are also good enough, valuable, and successful.

Topic: How to Get Rich

Read Our Frugal Ways to Save Money Tips:

debt free for life

3 Lessons to be Debt Free For Life

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How to Save Up Money: Tips for Living on $30000 or Less

frugal ways to save

Frugal Ways To Save Money

frugal ways to save money

Frugal Ways to Save Money: Getting Out of Debts

Family Home Budget

Family Home Budget Tips for Living on $30000 or Less

Living on 30000 or Less: Raising a Family of 6