Following the recession in 2008, many of us gave up trying to get (or keep) a job and opted for entrepreneurship by setting up a home office. One of the biggest advantages of this was meant to be massive savings on overheads, especially rent, staff costs and transportation. However, without proper planning, there are so many other expenses that can go completely out of control. If you are planning to start your home office and are afraid of these costs, or whether you have already made some decisions that cost you some money, this article can help your situation. So before you throw in the towel and rush back into the “safety” of formal employment, you can try out these tips to save money on your home office expenses.
There is something calming about curling up in a comfortable chair where there is peace and quiet to read a good book. However, if you only purchase brand new books, especially hardback editions, you may find that you spend an incredibly large amount on this hobby. As an avid book reader, there are several ways that you can save money on books, while still enjoying the stories that fill your imagination.
When you have a baby, you learn the meaning of financial upheaval. If it is your first child, you may have a general idea of the expenses you will face, though once they start rolling in, you are often amazed by how they add up. This article details how you can save money on five baby essentials, so that you do not break the bank even before your baby can walk.
Making the decision to pursue your postgraduate studies is brave, and it can also mean a large gap being created in your finances. In fact, many people only have an undergraduate degree because of cost concerns should they opt to continue with their education. However, with the proper planning, you should be able to save money on your postgraduate studies, both before you start and during your course. Here are some steps you can take that will make your postgraduate experience relatively painless – at least financially.
So my wife and I have just had Air conditioning installed in our house. It’s something that I have avoided doing because I know that air conditioning costs a lot of money to buy, install and run. Fortunately I didn’t have to pay for the initial purchase or the install (our new landlord did that), but I will have to cover the on going running costs of the unit.
Many people associate fasting with spirituality and religion, and basically think of fasting as going without food for a period of time in order to get closer to a higher power. The principle of fasting can also be applied to your finances, and this principle can go a long way in helping you save money. A “financial fast” happens when you choose to avoid spending money for a certain amount of time, usually a week every month. In the week of a financial fast, you do not spend at all – no bills, no small expenses like bus fare, no morning Starbucks and most importantly you make no compromises.
It is a New Year, and that often translates into new things. Today I speak to those who really value their grooming and at the same time their pocket. It is very essential for you to remain presentable at any given time, and it is equally important for you to save every single buck that you can. Having undertaken a research I, therefore, came up with the best tips to help you look fabulous and at a reasonable price.
The one place in the home where unintentional wastage is rife is in the kitchen. Unfinished meals, expired products, seemingly empty jars and even little bits of food left in packaging may lead up to a large amount of usable food being wasted. If this food is to be translated into dollar amounts, then you would literally be throwing money into the trash.
As a child, I made plenty of money. Whenever a tooth fell out, I would receive a coin under my pillow, during birthdays and Christmas there was usually an aunt or uncle ready to part with some of their change for me, and sometimes I would get a cash reward for finishing my chores or just being good.
All this wealth was dutifully saved at home in my piggy bank, which was made of porcelain and was impenetrable. At the end of every year, with great ceremony, my mother and I would break open the piggy bank, and I would be alarmed by how much I had managed to put away. I was actively saving money when I was young.
The feeling of taking home your first pay check is hard to describe. It is invigorating, freeing, liberating – you feel on top of the world. And what usually follows is a shopping or spending spree. Before you know it, you are flat broke; it is the middle of the month, and you are barely getting by as you await your next pay check.
Before you reach out and fill up that credit card or payday loan application to help pull you through, explore percentage budgeting to keep your personal finances in check.
Percentage budgeting involves dividing your expenses into percentages of your total income and then splitting your income to fit those percentages. When spending, you will require discipline and willpower to stay within your budget, but once you do, you are on the path to financial freedom.