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10 Savvy Tips For Christmas Shopping Thrifters

10 Savvy Tips For Christmas Shopping Thrifters

We’re getting closer to Christmas with each passing day. Have you started shopping for the best gifts for men, women, children, and your loved ones yet? You might think that you have plenty of time, but that’s the surest way to find yourself on the edge of the holiday with a lot of shopping still to do (and not enough time to take advantage of shipping discounts!). Suddenly, the prices of everything that your children, your husband, your mother-in-law – everyone on your list, in fact – wanted will start to shoot up before you know it. Fret not and take a look at our top ten pieces of advice to beat the rush, and save some cash in the process.

1. Use discount apps.

Have you heard of Wikibuy? It’s just one browser extension that pops in when you are shopping, and when you head to the “Checkout” page, it automatically starts scouring the Internet for a better deal on that same exact product or service. If there’s better deal for cat litter out there, for example, it will pop up for you.

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2. Sign up for emails from your favorite stores.

If you have an email account with a provider like Gmail, which separates your promotional offers out from the rest of your inbox, then you should go ahead and sign up for email alerts from the places you like to shop. They filter into your promotional tab, and you can take a look through there and see if one of your favorite stores is offering a deal. You don’t have to surf through store websites – they will just pop up in your inbox.

3. Finish your shopping as early as possible.

That might sound unrealistic, but hear me out. TechieState says that in those last ten days before Christmas, prices will starting going up, as retailers take advantage of procrastinators. Even if you’re shopping online, you’ll start to see those “FREE SHIPPING” offers dry up as you get closer to the big day. This way, your packages have plenty of time to get where they are going.

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4. Mix needs in with wants.

No, your kids won’t get excited to open a package with a sweater inside or a jacket. However, if you have also gotten them a few things off their “wants” list, you can combine your winter “need” shopping with what your kids want.

5. Sign up with the major discount websites.

Sites such as Overstock, Groupon, and Living Social put out new deal emails every day. Websites like Groupon Goods offer deals on a wide variety of gift ideas, often with discounts well above 50%. With a Gmail account, these messages will slip into your Promotions tab, and you can pick out the ones you want to read.

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6. Consider experiences instead of objects.

Does your son want an XBox One? That’s going to set you back at least $300 new, and then the games are $50 – $75 each – and special edition games cost even more. But is your son also a huge fan of your local NBA team? You can get two pretty good tickets for $100 each – less than the XBox One – and you’ll make a memory with seats at the big game.

Another way is to give your loved ones a year subscription of your local gym or a complete course of 21 day fitness rock, just in case your recipient is an exercise aficionados. A roundtrip ticket to some nice place, a concert, or holiday festive cruise within the country also works great. It isn’t just unique, they are going to love the life experience and memories it will give them for years to come.

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7. Start next year’s shopping in January.

OK, if you max out your cards in December you might have to wait until February or March. But here’s the deal – if you buy when most people aren’t, you’re always going to get better deals.

8. Don’t forget local discount retailers.

Stores like T.J. Maxx, Marshalls and Big Lots often carry name brand items for pennies on the dollar. People who stay at home and just shop online can miss out on huge deals this way, especially if you are thinking about what to buy for a baby, as these products are running low during holidays. If you can slip out on your lunch break and hit the store (and ideally take an early or late lunch), you can avoid the rush that comes in the evenings.

9. Consider memberships instead of lump-sum gift prices.

There are clubs for the Beer of the Month, the Fruit of the Month, even the lingerie of the month.  Buying this sort of present gives your loved one something to open all year – and you can accept monthly billing instead of having to buy a larger present all at once.

10. Never stop hunting new discounts.

One thing that’s always true – new sites are opening all the time to give you access to new ways to shop. Keep pounding the pavement – and you’ll keep saving money. Happy Holidays!

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Junie Rutkevich

Game Developer of iXL Digital

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Last Updated on January 2, 2019

How Personal Finance Software Helps You Get More Out of Your Money

How Personal Finance Software Helps You Get More Out of Your Money

Do you know what mental health experts point to as the biggest cause of stress in the United States today? If you said “money,” then ding, ding, we have a winner!

Three out of four adults today report feeling stressed out about money at least part of the time. People are either worried about not having enough money or whether they’re putting the money they do have to use in the best possible way.

Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.

This guide will help you to understand how personal finance software can better assist with both accomplishing long term financial goals and managing day-to-day aspects of life.

Whether it’s tracking the savings plan for your child’s college fund or making sure you won’t be in the red with the month’s grocery budget, personal finance software keeps all this information in one convenient place.

What Exactly is Personal Finance Software?

Think of it like the dashboard in your car. You have a speedometer to tell you how fast you’re going, an odometer to tell you how far you’ve traveled, and then other gauges to tell you things like how much gas is in the tank and your engine temperature. Personal finance software is essentially the same thing for your money.

When you install this software on your computer, tablet, or smartphone, it helps to track your money — how much is going in, how much is going out, and its growth. Most personal finance software programs will display your budget, spending, investments, bills, savings accounts, and even retirement plans, levels of debt, and credit score.

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How It Leads to Financial Improvement

It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.

Some types of personal finance software can help make things a little less complicated, setting you up to meet financial goals and taking away some of the stress associated with money.

Even if you already have a Certified Financial Planner (CFP) some type of personal finance software can be of great benefit. Whereas CFPs focus on the big picture of your money, they don’t handle the day-to-day aspects that determine your overall financial health.

It’s also not nearly as complicated as you might think and can take out a lot of the tedium that comes with doing everything on an Excel spreadsheet or with a pad and pencil.

Types of Personal Finance Software

When it comes to personal finance software, it generally fits into two categories: tax preparation and money management.

Tax preparation software such as Turbo Tax and H&R Block’s software can help with everything from filing income taxes to IRS rules and regulations and even estate plans. Plus, there’s the benefit of filing online and getting your refund check a lot faster than if you were to mail off your forms after waiting in line at the post office.

For the purpose of this article, however, will be focusing more on the personal finance software that aids with money management.

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Money management personal finance software will help you to see the health of your cash flow, pay down debt, forecast for expenses and savings, track investments, pay bills, and do a host of other things that 30 years ago would have practically required a team of accountants.

When to Use Personal Finance Software

So far we’ve gone over what exactly personal finance software is and how it can be a benefit to your money. The next logical step in this whole equation is determining when it should be used and how is the best way to go about getting started using it.

Below are four of the most common and practical ways to use personal finance software. If all or any of these apply to you and your money, then downloading some type of personal finance software is going to be a smart move.

1. You Have Multiple Accounts

There’s a good chance that when it comes to your money, it’s in more than one place. Sure, you probably have a checking account, but you may also have a savings account, money market account, and retirement accounts such as an IRA or 401k.

If you’re like the average American, you probably have two to three credit cards as well. Fifty percent of Americans also don’t have loyalty to just one bank and spread their money across multiple banks.

Rather than spending hours typing in every detail of every account you have into a spreadsheet, many programs allow you to easily import your account information. This will help to eliminate any mistakes and give you a bird’s eye view of everything at once.

2. You Want to Automate Some or All of Your Payments

Please don’t say that you’re still writing out paper checks and dropping each bill in the mailbox. While it’s noble that you’re doing your part to keep postal workers employed, we’re 18 years into the 21st century and you can literally pay every bill online now.

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There’s no need to log into every account you have and type in your routing number either.

With personal finance software you can schedule automatic payments and transfers between all of your imported accounts. Automatic transfers will help to make sure you have the necessary funds in the right account to ensure all bills are paid on the appropriate date. Late fees are annoying and do nothing but cost you money. It’s time that you said goodbye to them once and for all.

3. You Need to Streamline Your Budget

Perhaps the best feature of personal finance software is that it allows you track everything going in and out of your virtual wallet.

Nearly every brand of personal finance software out there has easy-to-read graphs and charts that allow you track every cent you spend or earn, should you choose. You might be pretty amazed when you see just how much you spent on eating out last month or if you splurged a little more than you should have on Christmas gifts last year.

Every successful business on the planet has a budget and using personal finance software can help you trim the fat on your spending in ways that affect your everyday life.

4. You Have Specific Goals to Meet

Maybe it’s paying off debt or saving for up something like a European vacation. Whatever your financial goal is, whether it’s long-term or short-term, personal finance software programs are one of the savviest ways to go about reaching those goals.

You can do everything from set spending alerts to notify you when you’re over budget to automating what percentage of your paycheck goes to things like retirement investments. The personal finance software that you choose should show you exactly how close you are to hitting those goals at any given time.

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How to Get Started

From AceMoney to Mint and Quicken, there ’s no shortage of personal finance software apps out there. Many of these programs are free to download and will allow you to pay bills, invest, monitor your net worth and credit profile, and even get a loan with the swipe of a finger.

Other programs may only offer you limited services and will require a one-time fee or subscription to unlock all that they offer. These fees can often vary from as little as two dollars to 50 bucks a month.

It’s best to start off with the free version and then gauge whether you’re able to accomplish everything you’d like or if it’s worth exploring one of the paid options. Often times the subscription programs come with assistance from financial planning and investment experts — so that can be a real benefit.

When deciding which personal finance software program to use, it’s also important to look at how many accounts you wish to monitor. Certain programs limit the number of accounts you can add. Be sure that if you have checking, credit card, and investment accounts to monitor, that you choose a service that can monitor them all.

Finally, when looking around for the right personal finance software that meets your needs, make sure that you’re comfortable with the program’s interface. It shouldn’t be expected that you recognize every single feature instantly, but if the features don’t seem readable and manageable to you, then you’re not as likely to use it and get the full benefits.

Final Thoughts

Personal finance software can go a long way in helping you to take control of your money and meeting your financial goals. It’s important to note, however, that some focus more on budgeting and expense tracking while others prioritize investing portfolios and income taxes. Explore several different programs and read reviews to find the one that’s right for you.

In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.

Featured photo credit: rawpixel via unsplash.com

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