Confused and stressed out about how to manage your money so you don’t run out before payday? Put these nine easy moves into action and you’ll be well on your way to simplify your spending.
I know what you’re thinking—simplify and spending in the same sentence? Ha! Like that’s even possible when we have credit cards, debit cards, bank accounts, bills, bill-pay, auto-pay, fees, penalties, interest rates, and fees to keep track of. How can we possibly make managing money simple?
By having a plan. By choosing to become accountable and then using every tactic possible to streamline and de-stress your money.
https://www.everydaycheapskate.com/wp-content/uploads/19423275_s.jpg576831Mary Hunthttps://www.everydaycheapskate.com/wp-content/uploads/EC-Logo-by-Mary-Hunt-Tagline-Trimmed-833x159.pngMary Hunt2019-10-29 05:51:232019-10-29 15:32:379 Easy Moves That Will Simplify Your Spending
When I am not writing about personal finance and consumer debt, I knit. Something about the gentle rhythm of yarn and needle calms my spirit and unwinds my brain.
I have managed to finish a few projects, not because I’m a great knitter but because I can “tink” almost as well as I knit (knit spelled backward is tearing out).
Because all knitters make mistakes, tinking is a required skill for those who take the craft seriously. It doesn’t take too many oversized sweaters or undersized hats to figure out that the smallest error at the beginning of a project can produce disastrous results if not found and corrected.
Just two options
Money is a lot like knitting. By some miracle, all knitting consists of just two stitches: knit and purl. Likewise, with money you have two options: spend or save. And who among us can say they have never made a financial error? We all make mistakes but the secret to staying out of the red is correcting the little mistakes before they lead to disastrous results.
https://www.everydaycheapskate.com/wp-content/uploads/woman_knitting.jpg729700Mary Hunthttps://www.everydaycheapskate.com/wp-content/uploads/EC-Logo-by-Mary-Hunt-Tagline-Trimmed-833x159.pngMary Hunt2019-10-13 01:00:052019-10-15 16:32:40The Secret to Staying Out of the Red and in the Black
I’m not proud of myself for loading up a shopping cart and then in some kind of retail panic, leaving it in the aisle and fleeing the store. Well, maybe I am a little.
It was about the most impulsive (repulsive perhaps) thing I’ve done in some time. And it’s all because despite how far I’ve come, I’m still me. And I just happened to be in the area.
I don’t normally travel in the direction of the largest fabric store in the universe. But I did and there I was, only a few short blocks from the entrance. So I stopped in to just … uh, … look around.
Potential. That’s what I saw. Aisle after aisle of potential gifts, quilts, tablescapes, sweaters, hats, decorator pillows, blankets, pure joy.
There were several bargains that quite frankly one should never pass up. And that is the ONLY reason I found a shopping cart. I mean come on … my favorite brand of flannel—the really good stuff—BOGO (that’s buy-one-get-one-free for you novices)? And flannel-backed satin in the perfect shade of Christmas red for $4.59 a yard? And the most adorable fleece for next to nothing!
I made my way to the cutting table when I noticed something new: A take-a-number machine. Hate those things. But now I’m stuck, so I plucked 73 from its little mouth and pulled back to notice Now Serving 61.
https://www.everydaycheapskate.com/wp-content/uploads/43553628_s.jpg553866Mary Hunthttps://www.everydaycheapskate.com/wp-content/uploads/EC-Logo-by-Mary-Hunt-Tagline-Trimmed-833x159.pngMary Hunt2019-04-30 06:19:142019-09-10 14:35:58Retail Panic for Some Means Job Security for Others
A question I receive nearly every day goes something like this: I’m ready to take back control of my finances. But how do I get started? It’s like I’m stuck.
Don’t think you are alone if you find yourself wanting to do all the steps at once. But that could be a big mistake. If you were building a house, you wouldn’t try to pour the foundation, raise the walls and put on the roof all at the same time. It’s the same with building a plan to manage your money. You need to take things one step at a time …
First, you need to lay the foundation. I call this initial step “tracking.” You cannot manage what you cannot measure.
Tracking means knowing exactly where every penny goes. If you bring home $793.42 this week, next week you should be able to account for every single cent. Where did that money go?
I suggest that you track on a daily basis. The only way to do that is to write it down. Every morning start with a fresh sheet of paper or note on your smartphone. Somehow, come up with a method that works for you. Throughout the day write as you spend any amount of money, write it down. You need to record just two things: How much did you spend and what did you spend it on? How much, what for. Got it?
Do this for at least 30 days (longer may be necessary if you are really in a financial fog). One sheet of paper or note per day. Then just stash them away into a safe place and start fresh the next day. Ideally, both you and your spouse, partner or person with whom you share your finances should be tracking.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
Essential Website Cookies
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, you cannot refuse them without impacting how our site functions. You can block or delete them by changing your browser settings and force blocking all cookies on this website.
Sprinkled throughout this site you will see references to my use of affiliate links or referral links. These references are called disclosures and are a requirement put forth by the Federal Trade Commission. They are there to inform you I have a relationship with a particular product or service and if you choose to purchase that product or service via my affiliate link, I will get a small commission. Of course, this is no extra cost to you, but it does help to pay the bills so I can keep bringing you great tips! I truly appreciate your support in this way. Thank you.
Google Analytics Cookies
These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.
If you do not want that we track your visist to our site you can disable tracking in your browser here:
Other external services
We also use different external services like Google Webfonts, Google Maps and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Vimeo and Youtube video embeds: