Military Appreciation Day honors the members of the Armed Services. But, we also must think about their family members. Military families don’t just support our troops for a day or a week. They also offer a strong foundation year round. For this week’s savings tips post, I want to offer some budgeting tips for military families teaching you guys about how to save money. [Read more…]
If you’re wondering how to save money when buying a car here are a few simple tips that can help you possibly save thousands.
First rule of thumb is if you can buy a car outright, then do it. It will give you much more leverage in the negotiations if you can buy a vehicle straight up. Dealerships want to get rid of their inventory. If you have the cash they have to listen.
Now, in most cases this is not an option. If you are thinking of making payments NEVER tell the car dealer the amount of the monthly payment you’re thinking of making. The more info you give the dealer the more they can use it against you. They might adjust rates or offer you a longer loan term.
Next, if you do need to finance your car shop around for rates before visiting a dealership. Dealers may offer financing as a way to make more money on your purchase. Check with your bank or with local credit unions and compare rates. Even a single percentage point on your interest rate can save you a lot of money.
We live in a great age for shopping. Whether it’s a computer, a car, or a house the internet allows us to shorten our time spent shopping around by eliminating unnecessary “boots on the ground” searches. Gone are the days of going from dealership to dealership to hassle prices. With sites like CarMax and TrueCar spurring competition many dealerships have adopted the online sales model. Once you’ve determined what type of car you want reach out to a couple of dealerships and see what they can offer you in regards to price. You will then have several offers to use as a negotiation tool when you do visit dealerships. If a dealer refuses to quote you a price disregard them. If they are unwilling to give you a simple price figure imagine having to deal with them in person. It’s not worth it; move on.
When it comes to saving money, probably the best advice is to shop for used cars. This will save you thousands immediately. Even if you have your heart set on a new car consider buying the previous year’s model. Dealerships want to make room for new inventory when the current year’s model become available and will be more open to negotiation.
Now you know the basics of how to save money when buying a car. Gather all of your information beforehand and go out and find that deal! And don’t be afraid to walk away from a deal if it’s not exactly what you want. If the dealer sees that you are willing to walk then you gain the upperhand. Kindly give them your offer, your contact information, and wait for them to call. Chances are they will!
Twitter is a wonderful way to score some great couponing deals. With the tips in this post that I included below, you can too start saving using your Twitter account today! If you don’t have a free Twitter account, follow this link to create an account in just a few minutes. I love Twitter. It allows me to get quick news from the feeds. You can especially find amazing deals, freebies, savings and coupons just by following your favorite companies. Twitter is much more than just breaking news and celebrity tweets. The social media platform actually helps some people save money on clothing, groceries, health/beauty products, travel and so much more.
1. Make sure you follow your favorite brands.
Companies are very eager to connect with potential and current customers via social media. This includes Twitter. When you follow your favorite companies and brands, expect to be rewarded for your loyalty. You can receive discounts and other goodies.
- How it works: Companies will often offer sales and coupons through their Twitter account. You can grab these deals and coupon codes through Twitter. Then, simply present the code in stores to save. It’s super easy!
2. Twitter chats!
If you’ve never been a part of a Twitter chat, you should. Many companies host Twitter chats as a way introduce new products, specials, receive feedback, and reward certain customers for their loyalty. They also host prize giveaways during these chats. If you’re not sure how to begin, search #tweetchat for upcoming chats. I participated in several Twitter chats before traveling to a specific area. On more than one occasion, I was lucky enough to win tickets to an event right around the holidays (merry Christmas to me)! I have also received several discounts at restaurants before.
3. Search hashtags for deals.
- How it works: Search hashtags such as #coupons, #deals, #savings, #promotions and #sales to find news about deals.
4. Follow other deal sleuths.
If you have some favorite coupon blogs or websites, make sure you follow the Twitter account to receive breaking news about sales, bargains and other freebies.
- How it works: When you follow couponing experts or deal sleuths, you basically let them do all the hard work by finding the deals. You also receive all of the rewards.
Do you have odds and ends sitting around the house causing clutter? Did you know that some of these seemingly worthless items could actually put some serious cash in your pocket? I compiled a relatively comprehensive list of how you can earn cash by selling these unusual, used items from around the house. Gather up the junk, fire up the PC (or set up a yard sale), and watch the piles of cash come pouring in!
Cooking oil: Did you know cooking oil actually resells very well? Look on the internet and find out where you can resell your cooking oil. Some locations may actually be local to you.
Golf Balls: Golf is one of the most popular sports in the world. So, it stands to reason that people who play would be in need of some gently used golf balls. You can resell them on a site called http://www.onlygolfballs.com. You must contact the site telling them the condition and amount of golf balls you have for sale.
Computer Software: Just because you have outdated software doesn’t mean it has necessarily lost it’s value! Head over to the http://www.webuysoft.com. They will pay you for your old software via cashiers check, PayPal or money order.
Textbooks: Resell your expensive textbooks using http://www.cash4books.net. You will need the ISBN codes from each book for the Cash for Books website. The site will pay with a check or electronically via PayPal.
Moving Boxes: Purchasing moving boxes from a retail store such as Walmart is expensive. However, boxes in good condition resell well! You can sell them locally to moving companies. Or, give http://www.boxquest.com a try. While you’re there, you can accept bids from different buyers for your boxes.
Electronics: Did you know that even broken electronics carry a resale value! In fact, a few sites are actually dedicated to buying up your broken or outdated electronics. Try http://www.gazelle.com to get a realistic estimate of what your broken device is worth. They will pay for your items using PayPal, check or Amazon gift card. Also, try https://www.buymytronics.com for a second quote. Most of these site recycle the internal parts to resell to electronic manufacturers, so you also help the environment doing things this way!
Sports gear: People love absolutely love playing sports. You can find all sorts of awesome, gently used sporting gear at your local Play it Again sports. These stores often buy up your old sporting equipment as well.
Keeping an eye on how you spend and save your money can nearly feel like a full time job for most of us. I always appreciate high quality money saving tips. They always come in handy. Recently, The Huffington Post released an interesting article about how to save money in places you commonly wouldn’t consider. Keep in mind, there is plenty of money to save if you just maintain a watchful eye and careful record keeping of all of your expenses.
The Huffington Post article included tips on how to save money. These tips include discounts on large purchases such as cars or homes. The writer explains that so many of us clip coupons in an effort to save in grocery stores. However, we offten don’t consider the fact that we should move to a cheaper home or downsize our expensive monthly car payment with a more manageable, used car.
One of the tips in the article that really hit home for me was the section regarding insurance and extended warranties.
The article continues on to say, “An old saying passing its way through my family is that you should insure yourself for things that would bankrupt you. Would it bankrupt you if you totaled that 2000 Corolla? If you didn’t get an extended warranty on your fridge and it were to break, just how destitute would you be after paying $700 for a new one? (And yes, $700 really does buy you a decent fridge in the US, much larger than the family of 5 I grew up in ever had when I was a kid.)”
The writer of the post’s article suggests that extended warranties nearly always prove to be a scam. I have to agree. Most likely, you can afford to replace a computer, refrigerators or the washer and dryer without the warranty, if worst comes to worst. In some instances, buying a used appliance or gadget to replace the broken new model is cheaper than the actual warranty. Keep in mind, many credit card companies, such as American Express, actually offer their own comprehensive warranty coverage for free when you make purchase using their card.
Don’t forget to shop around each year for different insurance plans: home, automobile, etc. You should also shop around for the best price on other household expenses such as cable service provider. Typically, if you call these companies and threaten to cancel your coverage with them, they will do whatever it takes to keep you as a customer. That usually includes lowering your payments, giving you more perks or rewards or even higher quality service.