Smart spending is all about using your money wisely — it is about reducing your expenses and making good buying decisions. Basically, these articles cover everything you need to know to make the most of your money. Additionally, check out these related sections: budgeting, taxes, and insurance and risk management.
Smart Spending is a part of expense management.
One of the items making a comeback since the recession has been the concept of layaway. If you are considering making a large purchase, layaway can help you avoid the costs associated with putting your big-ticket items on a credit card. You still get the benefit of small, manageable payments, but without the element of … Read more
Technology has made it easier than ever to automate your finances. Indeed, it is a fairly simple matter to just put things on automatic. From direct deposit for your paycheck, to automatic debit for your bills, to scheduled transfers to help you move your money around, there are a number of ways for you to … Read more
Anyone watching the latest trend in reality television probably has drooled a little bit after learning people are saving hundreds of dollars on their grocery/shopping bills by clipping a few (thousand) coupons. Some of us might even be envious and consider taking up the couponing lifestyle themselves. Who wouldn’t want to get cartloads of groceries … Read more
I often get asked the question – “How can my family live comfortably off of a single income?”. In my response, I always let people know that it is possible and is not that hard. My wife and I have chosen to support our family on one income (by me) and have her stay at … Read more
You can save a lot of money by making an effort to be frugal, and you can use that extra money to do many things. Whatever the reason, being frugal can be great in most instances. I stress ‘most’ because sometimes spending a little bit more will mean you get a far superior product. Sometimes … Read more
Before you make your next impulse buy, you might ask yourself, “Will this make me feel better or will it make me feel worse?” Anytime we overspend, we succumb to a desire in the same way addicts do to their fix of choice. Bold statement, but not if you think deeply about the way your … Read more
When it comes to money saving ideas, some people go way out of their way to save a dime while others casually use products that cost hundreds of dollars. For example, is it worth drying a piece of Saran wrap? Some folks (mostly from a previous generation) would put the wrap on the window to … Read more
If you read enough personal finance blogs, you’ll see a common theme and the number one answer to your financial dilemma — “Spend Less than You Earn.” Unfortunately, it’s easier said than done; otherwise, we wouldn’t have this rampant debt problem in our society. Fortunately, I went through this myself, and over the years, I’ve … Read more
We are inevitably going to be divided into two groups — the people who can’t live without their gadgets, and those who believe that the saturation of gadgets in our everyday lives has simply made things more complicated. However, we can all agree that there is a place in our lives for the gadgets which … Read more
There are a lot of different ways to save money… and because of the current state of our economy now-a-days we are hearing more and more money saving tips on main stream media. The tips commonly addressed by the media are solid, but today I would like to challenge you to take your frugal living … Read more