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5 Great Tips to Improve your Personal Finances

5 Great Tips to Improve your Personal Finances

In this day and age, if you have money you have everything. ‘Money cannot buy happiness’ is quite a debatable statement. Anyways, you need money to survive and obviously if you dream to spend a luxurious life. It is well proven that saving will not multiply your money, investment will. Make sure you find out multiple ways to secure your future. This is where the ‘personal finances’ comes into play. Personal finances refer to money management and how your future is planned. Improving your financial health will spare you stress later. With small investment efforts, you can secure a favorable future ahead of you. Here are some ways in which you can improve your personal finances:

Create and maintain your budget

Make sure your finances are organized. Manage them using tools available offline and online. Keep track on where your money goes. Evaluate and analyze your net worth frequently. Your net worth is a representation of where you currently stand. This will fluctuate often with time and disturbances in the market. Tracking your financial standing will help you evaluate your progress and highlight the areas which require improvement. Create a personal budget. Figure out what your expenses are and prioritize your spending. Manage your expenses into categories like education, housing, food, utilities, transportation and savings. Learn to manage your money. If you have money left over after all your expenses, decide how to use them. Utilize it wisely.

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Have savings

You should have enough money saved at all the times to face unforeseen emergencies. Start saving for your retirements as soon as possible. You never know which turn your life might take. Be prepared for the worst at all times. Reinvest your earnings as a method of saving. The longer the investment is going to be, the greater will be the return. If you are working for a company and earn a salary each month, keep a check on provident funds. Check your pf balance on a regular basis. The sooner you start your saving plans, the easier it will be for you to reach your long-term financial goals. Consequently you will also have to save less each month.

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Recognize lifestyle inflation

The more you earn, the more you spend money. This is the general trend followed by most people. This phenomenon is known as lifestyle inflation. If you spend excessively, it will damage your long-term wealth. People usually have the desire to keep up with the ‘elite’ society. If the world dines in excessively expensive restaurants, you might be pressured to do the same as well. However, this can cost you a lot in the long run. As you start to earn more, some increase in spending is normal to enhance your social and professional lifestyle, but extravagance is not a positive indication.

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Identify your needs and your wants

Make sure you have drawn the line between your needs and your wants so you can make better decisions when spending. Needs are those things that you must have in order to survive like food and shelter, whereas wants are your desires that are not required for your survival. Make sure that your choices are clear. You can get an economical car rather than buying an expensive BMW because both will serve the same purpose. Prioritize your needs. Once your needs are satisfied then consider the possibility of achieving your wants if it seems reasonable to do so according to your budget.

Secure emergency funds

As mentioned above, you never know what might happen next. Dedicate some amount of your income to emergency funds. Ensure that you are able to fight with unexpected expenses.

Featured photo credit: Vitaly via unsplash.com

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Last Updated on February 11, 2021

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Imagine receiving a regular supply of free samples through your letterbox?

These free samples by mail could include things such as cleaning products, cosmetics and packaged food.

Free samples are a great way to try out some of the latest products. One week you may have a new toothpaste to try – the next week you may be snacking on a delicious chocolate cookie sample.

As the saying goes, variety is the spice of life. And by requesting free samples by mail (I’ll show you how shortly), you’ll have not just variety – but fun too!

Tell Me More About Getting Free Samples Sent to My Door!

So, it looks like I’ve caught your interest. That’s great news!

Just before I introduce you to 10 places where you can get free samples by mail, let me clarify a couple of things.

Firstly, all the places I’ll talk about are currently active in sending out free samples to consumers. (In other words, no links to out-of-date or dead pages!)

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Secondly, location is key. If you live in North America, then you’ll have a wide selection of places to sign up to. In other locations (for example, Africa, Asia and Europe), you’ll have fewer choices – but free samples by mail are still a possibility.

Lastly, to whet your appetite for the freebies, here’s a short list of product examples:

  • Pet food.
  • Beauty products.
  • T-shirts.
  • Greeting cards.
  • Wallets.
  • Snack bars.
  • Vitamins.

Free Samples by Mail… Tell Me Where to Get Them!

It’s now time to share my recommendations for the best sites to claim free samples from.

Let’s start with…

#1 SampleSource

    This company sends out boxes of 6-12 free samples about four times a year. Products include baby wipes, cereals and tissues. Register with SampleSource to be notified of the availability of their free samples. (Canada and U.S. only.)

    #2 Influenster

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      As their name suggests, Influenster wants to send free samples to you in exchange for you sharing about the products on your social media accounts. Once you’ve become a member (join for free!), they’ll send you a box of free goodies every few months. The more you share pictures and reviews of the products – the more free samples they’ll send you! (All major territories.)

      #3 PINCHme

        This organization will send you free samples in the hope that you’ll then go out and buy the equivalent full-size products. To receive regular boxes of free food, drink and cosmetic samples (and sometimes coupons), then sign up and create your profile. (U.S. only.)

        #4 House Party

          Thinking of throwing a house party? If yes, then be sure to sign up with this company. They’ll send you a box of ‘themed’ products and services that you can hand out at your party. Register with House Party. Wait for the fun freebies to be mailed to you. And then start sending out your party invites! (Worldwide.)

          #5 YoFreeSamples

            This site is a great resource for a whole host of free samples that can be mailed directly to your door (with no survey requirements!). You’ll find anything from books to perfume, with new offers listed daily. Head over to their site to see what’s currently available. (Mostly U.S., with occasional offers for other countries.)

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            #6 Magic Freebies

              The U.K.’s most popular freebie site. Register for their email newsletter, and they’ll send you a daily email with eight free sample offers. These include products such as disposable razors, dog bowls, and even fake tan! So, what are you waiting for? (U.K. only.)

              #7 SweetFreeStuff

                Since 2002, this simple site has been linking to the best free sample offers currently available. To get started, sign up to their daily email newsletter, which contains links to the latest offers. As well as free samples, SweetFreeStuff also gives information on coupons and deals. (Worldwide.)

                #8 Sample A Day

                  Would you like to receive a notification of a new free sample every day? Well, that’s the promise from this site. They claim to thoroughly research all offers, ensuring there are no catches or hidden surveys! From baby products to socks, this site is sure to have something for you. Registration is super-easy. Simply enter your email address. (Australia, Canada, U.K. and U.S. only.)

                  #9 Pretty Thrifty

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                    This site specializes in free beauty products, but also lets you claim free samples such as energy drinks, snack bars, and even magazine subscriptions. Pretty Thrifty has more than 85,000 followers on social media, so clearly knows how to attract free sample hunters. One thing that makes Pretty Thrifty stand out from most of their competitors, is that their email newsletter is available in daily, weekly and monthly formats. (Mostly U.S., with occasional offers for other countries.)

                    #10 CrazyFree

                      My final tip for getting the best free samples by mail, is Australian company CrazyFree. Their funky website offers big brand free sample offers, which currently include items such as Dolce & Gabbana perfume, Coke Zero, and Happy Dog pet food. To claim the offers, select the free samples you would like, and then complete their registration form. (Australia, U.K. and U.S. only.)

                      Receiving regular free samples by mail is a fabulous way of testing out the latest products on the market (and some that aren’t even on the market yet!)

                      You’ll impress your friends and family with all the free stuff you’ll be receiving. And take it from me… it’s a fun, free and rewarding hobby.

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