Category Archives for "Living on $30000 or Less"

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:

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How to get rich in 5 minutes a day

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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

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Frugal Ways to Save Money: Getting Out of Debts

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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:

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How to get rich in 5 minutes a day

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Frugal Ways to Save Money: Getting Out of Debts

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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

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Frugal Ways To Save Money

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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

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

How to Save Up Money

Tips for Living on $30000 or Less

How to Save Up Money

It can be hard at first to live on just a small amount of money, but when you end up making it a way of life, it gets a lot easier. It actually allows me the chance to volunteer with a nonprofit organization and lets me be able to send out letters and care packages to soldiers. I use free samples and coupons to get things for care packages. And since a lot of people don’t like to do the hard work part of volunteering, I ask for stamp donations from my friends and family who like to give, but just want to leave it at a simple act. 🙂 If you would ever like to promote a website that isn’t coupon related you can always promote our nonprofit. 🙂 If people want to put their coupons to use for a good cause, it’s a great way to do it!

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

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  • Coupons – I only get 1 newspaper through a Sunday subscription and sometimes buy more if there are a lot of really good coups otherwise, the coupons I know I will use a lot of, I only buy those on Ebay to maximize my money
  • Groupon, Living Social, Restaurant.com, etc are all great ways to find local deals
  • Citypass.com is great to use when traveling to certain major cities.
  • Entertainment.com has the books that can be used in your local areas. If one is not available in you area though there, you may have a local one provided through a local school, etc.

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  • Check websites once a month or more often to places you take your kids to see if they are running any deals or have any free events
    • NC has visitnc.com for events in the area and many are free or cheap
    • We have a lot of free concerts in parks and things like that when it is warm
    • Local farms sometimes have a grand opening with discounts when they open for the season
    • Our Greensboro Children’s Museum does a deal on Fridays from 5-8 PM where you can get admission for $4 a person instead of $8 and something called First Fridays for $2 from 5-8 PM instead of $8
    • Many places that offer year round passes offer about a half off discount on a family pass from Memorial to Labor Day. This is good if you would only mainly go in the summer time
    • An increasing number of places have drastically reduced rates for people that home school as well, don’t be afraid to ask. This oftentimes requires proof, but if you home school then it shouldn’t be an issue
    • Places like Lowes’ and Home Depot have kids days every so often and is something free for the kids!
  • Invest in co ops and such to get fresh vegetables throughout the summer. You can also Save on Fruits and Vegetables by knowing when they are in season.

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  • Pick your own, May – strawberries, June /July – blueberries/blackberries, July/August – peaches/apples, etc. (Grapes, pumpkin, etc are also other pyo) Go pick your own at the farms and you know that you are getting only good pieces instead of getting a container mixed with good and bad. Pick a lot and freeze the rest in individual snack bags and then put them all in a big freezer bag. This cuts down on prices in the months when these items are out of season
  • You can freeze almost anything. So if you have something about to expire, look up online how to freeze it. We waste a lot of money each year on bad food.  I have found you can even freeze things like eggs, milk, and bread! Here are some Crockpot Freezer Meals that you should try.

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    • If you have fruit or yogurt that is about to expire, make some smoothies and freeze them for a quick snack for your children and yourself later. Tupperware cups with the flat lids are great for this.
    • Buy Tupperware! It may cost more upfront, but it lasts long, has a lifetime warranty on most things, and saves on constantly using baggies! Baggies, tinfoil, etc add up.
    • Buy a Brita water bottle or Camelback bottle with a filter. These are cheaper than buying lots of bottled water and you can fill them up at a water fountain, water faucet, etc.

  • Buy clothes off season, at yard sales, at Goodwills, or just swap with someone else to refresh your styles
    • Off season at Wal-Mart you can get clothes like $1-$3 most of the time
    • Don’t be afraid to talk people down at yard sales. Many will work with you to get rid of stuff. Or wait until closer to the end of the yard sale. Most people will make a deal instead of having to get rid of it themselves.
    • Swap with people you know, or create a local community swap to find lots of people to swap items with
  • Craiglist – find cheap deals and post your own.
    • Most of the time you can talk people down just a bit
    • Mark your asking price up a bit. If you want $10 for an item, ask 12-15 so that when someone asks if you will take $10, then you can say sure thing!

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  • When it comes to food and other items, know when to buy them.
  • People in the military can also get special coupons, enter special contests, etc.
  • For children’s birthdays, request clothes and also request gift cards for fun places to visit such as movie theather, gift cards to the zoo, etc
  • Buy family passes to places like the zoo that offers a donation paper to file on your taxes!
  • Sign up to receive texts from places
    • Sonic gives good deals
    • Target gives good deals
    • 7-11 and other gas stations
    • Redbox randomly offers 1 free rental a month
    • Dollar General often sends $5 off a $25 purchase
  • Never pay for a magazine – you can always get them free
    • Erewards.com
    • Recyclebank.com
    • If you do pay only like $1-$2
  • Get gift cards free
    • Erewards.com
    • Swagbucks.com
    • Crowdtap.com

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  • Buy holiday stuff for the next year when it goes on sale the day after.
  • For cheaper phone bill we have a family plan with my brother and sister in law  since it is only $10 extra a line. We can split the bill in half and cheaper for both
  • Buy gifts throughout the year to stock up for birthdays and holidays when you can find them really cheap. This includes cards. This way you are never caught off guard and have to pay full price for something!
  • Have a yard sale at least once a year. Take leftovers to somewhere like Goodwill and get a tax write off or if you don’t feel like hauling, leave it outside and post on Craiglist for first come first serve pick up.
  • When I get cards like birthday cards, etc, if no one wrote on the left side, I tear the back part off and reuse the top part. It is more like a postcard, but that is the best way to recycle it!
  • If you have a lot of canned food cans or soda cans, take them to a local recycling center for a little extra money
  • A lot of hospice care places actually collect the drink tabs to use to buy needed equipment just as schools use boxtops for education and campbell’s soup labels

Discounts

  • When at the grocery store, do a quick once around before or during shopping to look for Peelie coupons. If it is something I’ll use, I buy it
  • We have a couple of grocery stores in our area that offer food at half price or less when they are very close to their expiration date. This includes a lot of veggies, breads, refrigeration section stuff, etc. We shop every few days and it is worth it since the stores are only a mile or two away. It’s a better way to eat healthier as well.
  • Sign up for as many freebies as possible. Even when companies are not offering freebies, you can still write them on their websites contact section and ask for either samples or coupons. Some companies offer them like twice a year. Some say no, but a lot do say yes, so it doesn’t hurt to ask!
  • Cook all of your food for one week on one night. This helps with energy bills and saves you time.  I do this with breakfast foods, too like eggs, sausage, bacon, etc. Even grits can be reheated by adding a small amount of water and reheating. If you have leftovers you don’t think you will be able to eat before it goes bad, freeze it for later. Freeze dishes to heat up later if you need to cook something before it goes bad. Having frozen food that can be quickly heated up also saves from wanting to go after fast food – and healthier.
  • Sign up for credit cards to places like JCPenny and Belk. Use them and then pay them right off. Most of the time you can get coupons for an extra 20% off just by using your card with the coupon. Also, places like this have quarterly sales that make items super cheap. Buy cheap, pay off the card before you get interest, and build your credit! During certain times you can stock up on linens and home goods this way.
  • Carpool when you can. Even with couponing go with friends. Help each other find deals.

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  • Trade services. If you know how to cut hair, trade it with someone who knows how to fix cars. Cut their hair for free and they can give you a free oil change or something.
  • Kick cable. If you want to watch some shows, get Netflix or Hulu. If you want to save money split the Netflix bill. You can stream on 2 different devices at the same time, so each to share with another family. Rent movies for free at your local library if offered. Ask for movies for birthdays/holidays. Utilize Redbox and the deals you can get through text and email. A lot of shows you can watch over the internet on the websites or through things like http://projectfree.tv/
  • Don’t buy books new. Check them out at the library, hit up a used book store, or look at yard sales, thrift stores, and Goodwills. Even better, swap books with people or donate your old books to places like nursing homes, local shelters, etc.
  • Don’t buy video games new. Buy used at Game Stop, a local video game store, or online.
  • If you are low income, places like the YMCA will try to help give you a discount to use their facilities. There is no harm in asking for financial aid on something that would cost you way too much!
  • Find other families that have kids and swap babysitting nights. This allows you time with your significant other without having to pay for a sitter.
  • Be smart, be aware, and always compare!
  • Sign up for all of the birthday stuff! We always eat for free and make it a long day thing. With Jersey mikes doing a free sub  coupon through email and with Firehouse Subs you just go in and show them your license. It makes for a whole full meal! My hubs and I get both and split them! There are so many other ones as well, but those two are our favorites.  Here are some Birthday Freebies that you should check out.
  • Use the sites like savingstar.com, checkout51, and Ibotta to get money back for buying certain items.

Thanks to Amanda G. for these awesome How to Save Up Money tips!

For more How to Save Up Money Tips for Living on $30000 or Less also read these:

Family Home Budget

Family Home Budget Tips for Living on $30000 or Less

Living on 30000 or Less: Raising a Family of 6
Living on 30000 or Less: 10 Tips
Living on 30000 or Less: Raising a Large Family
5 Tips on Living on 30000 or Less

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Do you have How to Save Up Money tips? Share it with us below.