No matter the area of life, we are all looking to save money where and when we can. There’s nothing like the feeling of landing a discount or knowing that you got a great deal, and when it comes to grocery shopping, small savings overtime can make a big difference in our overall expenses.
Here are some of the best grocery shopping tips for you to keep in mind to enjoy future savings in the long run.
Getting clear on what you need is one of the biggest ways to eliminate impulse buying and coming home with unnecessary goods. The very act of writing a list is no only helpful to refer to when shopping, but also can keep you accountable at the store when tossing up whether to get something or not – if there is no dire need, and you didn’t already list and budget for it, then don’t get it. Simple as that.
Come prepared by searching the catalogues and taking note of the advertisements for sales before you go shopping, to ensure that you know what you can get that will save you money. Also, if it is something that you know you will definitely use in the future, like toilet paper or toothpaste, then stocking up on items that you would otherwise buy at a regular price later on, will be a great way to save on future grocery bills/
For items that don’t need to be organic, or your favourite brand or of a higher quality – like sticky tape, napkins, simple canned goods – then opt for the generic brand. It’s nothing to be afraid of if there isn’t some fancy label or brand on it when you know your experience of the product won’t be affected.
Other money saving grocery tips include never shopping on an empty stomach, price matching from other stores, getting membership and rewards, and purchasing fresh produce from the local farmers market. Be creative, be prepared, and bask in the savings.
The idea that you have to use cash as an every day payment method is increasingly becoming a thing of the past. This is fast becoming reality in the modern capitalist world with the advent of new technologies. Not only are the instances of card transactions dramatically increasing with banks making their credit cards more accessible for people, but also service providers for card payments are offering their efficient devices for use for retail stores around the globe. Gone are the days where only big, reputable businesses could afford a card processing device, now even small businesses are able to get their hands on one. Furthermore, online payments are being used now more than ever with more secure software for payments, as well as businesses getting on board with setting up online stores or billing methods.
One of the newest technological advances when it comes to spending is concept of the digital wallet. The reason for the popularity of this is that people who use a digital wallet are able to easily track what they have spent. Budgeting apps are extremely useful here, as this form of digital wallet can be linked directly to their bank accounts, to reveal their spending habits. With people being able to view their expenses in real time, without the need to go over paper receipts, this allows more control and certainty for people with this technology. Digital wallets come in many variations, from hand held phone device applications (as the most popular) to computer, online payment systems. Many people can link their license, health and ID cards to their digital devices to store this information easily on their phone.
If you are curious about how you could use this form of cashless shopping, then take a look at the vast amount of information and resources online that further explains digital wallet systems that you can download to your device, as well as more information on how to be confident that your information is secure.
If you are a small business owner, make sure that you make the move to digital payments as you can increase sales and make it easier on yourself to accept money. Don’t know where to start? Contact a boutique merchant service company.
Budgeting and staying out of debt. It’s something we can all do better. We know that there has to be some kind of change, but do we really know where to start? Lucky for you, we did all the hard work. Now all you have to do is follow through on these great ways to manage your monthly budget better.
Automatic Bill Payment
Using an auto-payment service can save you time, stress, and money in the long run. AutoPayPlusoffers a service that is unique because not only does it allow you to avoid costly late fees or manage your bills in one place, but also works with each of your lenders to implement an accelerated debt reduction payment schedule. AutoPayPlus helps to get you out of debt faster and potentially help to build you valuable equity and/or reduce total interest payments.
Never worry again about when your bills are due or the possibility of “snowballing” into debt. Get your loans paid off quicker and tailor your budget towards a life that’s debt-free.
A loan consolidation can be attractive to people that are up to their neck in debt. Though the appeal of a paying a single monthly payment at a low interest rate seems like a promising one, it will probably cost you more in the long haul. The odds are that you won’t want to get yourself caught up doing a loan consolidation unless you’re truly and hopelessly drowning with high interest rates and high monthly payments.
But if that is the case, understand what your monthly payment will be. If it’s just as much, or higher but fits into your budget, you might simply want to consider paying off your bills on your own with increased payments. Otherwise you will probably end up paying more in interest payments, since your loan will likely be over a long span of time.
Debt Management Plan
Choosing a Debt Management Plan can help you stay organized and on time with your bills through realistic budgeting. Most financial experts recommend using a DMP as the best method for debt consolidation. Through this method, you send one payment to the agency running it and then the amount will be split amongst your creditors. This might affect your credit score, but once you have paid of your debt in 3-5 years, your score should definitely improve.
With the help of a certified credit counselor, you can be on your way to meeting your financial goals, improving your credit, and being in control of your finances.
The best way to manage your debt and your budget is to avoid debt in the first place. Of course, it’s easier said then done. But the earlier and faster you come to terms without the idea of smart budgeting, the earlier you will be living a life with less stress.
First understand why many people get into debt:
What you can take away from these debt causes is that you want to put yourself on a strict and realistic budget that allows you to balance your income from your expenses. When you have extra money, put it into a savings account for those unexpected expenditures. Avoid overspending on things that aren’t necessities and be sure to plan. If you’re already in debt try one of the other three methods and when you succeed, don’t ever go down that road again.
In the world of business and retail, the advancements in technology devices are making the act of business transactions more efficient and accessible for customers and business owners. The advent of mobile device payment options have come into the forefront of retail sales procedures in a big way this decade. This allows customers to pay on the go with a smartphone, tablet, apple or android device. When devices are linked with the correct applications and accounts, this makes online mobile payments a breeze. For businesses deciding whether to utilised this form of payment, here are a few of the advantages of the use of this technology.
– Safe and secure: Your customers data for their accounts and cards will remain safe with special encryption during the transaction.
– Inventory: Upload pictures, add descriptions and access your inventory data quick and easy on a mobile device.
– Sales history: You can view and manage sales history in an easy, effective manner when people use online devices. You wont have to wait to settle totals as when it comes to the past electronic transaction process of Eftpos.
The real benefits of utilising new methods of mobile payment devices lie beyond just these examples – it’s all about the efficiency and ease of the purchasing experience for customers. When your business boasts the use of these innovative technologies, your company is seen as a reputable, modern and innovative business which will draw even more customers to your retail products or services. There are many devices out there for you to choose from, and you can find a great selection of the range online, as well as expert advice and tips for which device is right for you.
For more information on Mobile Payments contact ARX Payment Services: http://arxpay.com/
It often seems almost impossible to even think about starting a savings these days. With a little bit of effort and creativity it can be done. Here is a review of five easy steps according to the Federal Trade Commission that anyone can do to start saving money.
The first step is know where you’re at with your money. Compile a list of all your income, this can include any money you receive on a consistent basis. Then list all your fixed expenses such as mortgage, utilities, and cell phones. On a separate list, write down all your variable expenses. These would be items such as clothing, entertainment, gifts, and even your daily latte at your favorite coffee shop. The small expenses do matter. Now you know how much money you are bringing in and how much you are spending.
The second step is to set up a system where you pay yourself first. This could be an auto-deduction from you paycheck into a payroll savings plan, or an auto-transfer at your bank from your checking into your savings. Whatever method works best for you, this is an important step to guarantee you are putting some money into your savings on a regular basis. At first it will be a bit harder. Once you get used to not having the money to spend, and you see your savings grow you it will get easier.
The third step is a little more complicated, but don’t worry you can do this. Learning about and understanding compound interest will help you with your goal to save. The Federal Trade Commission explains compound interest as “the interest you earn on your initial investment plus all the interest that accumulates over time.” There is compound interest and simple interest. Simple interest is when you earn interest on your initial investment only. Compound interest is the better investment.
The fourth step is a pro-active step to savings. When you have “extra” money, you put it into your savings. When you get a raise take the additional money and have that transferred into your savings. If you pay off a debt such as a credit card or car payment, take the monthly payment you would have made and transfer it to your savings. To make it easy, have this automatically transferred from your checking to your savings.
The fifth step is be creative about saving money. Local beauty school students often give free or reduced haircuts. How about bringing a homemade lunch to work. Instead of buying books, music and DVD’s, get them from your local library. All you need is a library card. They give those away for free. How about using old-fashioned bartering. You have skills, and people need your skills, and you need their skills. It’s beautiful and free.
Saving money doesn’t have to be difficult or painful. You can enjoy your coffee shop latte, just cut back to once a week. AutoPayPlus could help you save yourself over fifty dollars a month with just that simple step.
Among health kicks and career goals, New years resolutions often reference financial matters. Especially in a time preceding holidays, which more often than not break the bank, this can be a time where those with families feel the effect of overspending. To begin again and start the year fresh, we offer 3 simple financial tips for families.
Though it’s not the most enjoyable experience to sit down and do the math, creating and setting budgets is one of the most effective ways to be transparent in understanding your income and spending habits. Start with simple figures like monthly earnings from all contributions, and then get an overview of lifestyle spending of groceries, utilities, activities, school costs, etc. This will give you a basic idea of whether you are living in your means, or racking up more debt.
Whether mortgages, loans or credit cards, make a list of all debts and be sure to know your plans of repayments for each one. Categorize into short and long term debts for more clarity. To really get on top of repayments in the most effective way, consult a financial professional to advise which debts you should repay first, and how often repayments can be made.
ESPECIALLY important for those with dependent children, be sure to be future savvy and keep a retirement fund active in your savings plan. For couples, consider consolidating retirement accounts for an ease of calculating future budgeting, as well as minimising fees. Contributing to a retirement fund also ensures that your children will not have the burden of financial responsibility for you later in life, also consider life insurance policies, which include funeral costs and insurances.