Month: January 2016

The Broke Person’s Guide to Creating a Will: Why You Need It

Death is a topic that most people would rather avoid. However, it is a reality that everyone must face at some point. Creating a will is one of those essential tasks that is often neglected, but it shouldn’t be. A will is a legal document that outlines your wishes for how your assets will be distributed after your death. It is not just for the wealthy or elderly but for anyone who wants to ensure that their possessions are distributed according to their wishes. 

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10 Clever Money-Saving Hacks You Haven’t Tried Yet

Let’s face it, we all want to save money, but it can be tough to cut corners without feeling like we’re sacrificing our quality of life. That’s where these clever money-saving hacks come in! This list of ten hacks includes some unconventional and inventive ways to save money that you may have never thought of before. From saving money on groceries and entertainment, to cutting down on your utility bills and transportation costs, we’ve got you covered. 

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10 Clever Ways to Start the New Year by Finding Extra Money

The new year is a time for new beginnings, and what better way to start fresh than by finding ways to save money? It’s not uncommon to feel that your finances are stretched thin after the holiday season, but there are always ways to make some extra cash. Whether you’re trying to pay off debt, save for a big purchase, or just want to build your savings account, these clever tips will help you find extra money in the new year.

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Staying Frugal with a New Baby

OK, so you’re about to have a baby, and you are worried about the potential huge cost of having a child. Well first of all, congratulations!! Secondly, don’t worry, as you don’t have to spend nearly as much as you may think. You can give the baby everything he or she needs and more, without breaking the bank or stepping away from a frugal mindset. When we were shopping for items for our first child I was amazed by some of the (needless) expenses and how virtually every item for a child has an expensive designer brand. There is no need to go designer, safe yes, but designer no, as I don’t think my baby cares in the slightest if he is wearing the latest designer label! Continue Reading

Budget-Friendly Fun: Creative Ideas to Save on Entertainment Costs

Keeping yourself entertained on a budget can be a challenge, especially in today’s world where everything seems to come with a price tag. However, it is still possible to enjoy your leisure time without breaking the bank. You just need to be a bit more creative. 

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Frugal Strategies

Ok, so you want to get out of debt, or perhaps you want to build up a healthy savings reserve or even better yet, you want to gain financial freedom rapidly. A key ingredient to achieve any of these is to have a solid plan in place that contains key strategies to help you achieve your overall goals. Here are some tips from the Frugal Prof, to make your money saving goals for 2016 a reality: Continue Reading