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3 Ways to Save Money on Dog Food

3 Ways to Save Money on Dog Food

Food is one of the most important aspects of a dog’s life, and offering your dog only the best quality dog food is one of the best things you can do for him to live a healthy and long life. Unfortunately good quality always has its price. You might think that it’s impossible to include only high quality products in your dog’s diet on a daily basis, but there are several ways to save money on dog food without cutting down the quality.

1. Cook it yourself

One of the easiest ways to save money on your dog’s food is to make it yourself. Food cooked at home tends to be much better than what’s available at the store. It can also be more cost effective. There are many tasty recipes that are extremely healthy because you can use organic ingredients and avoid any preservatives or artificial flavors. The food made with natural ingredients will offer your dog all that’s best for him; it is highly nutritional and good for his health too. And the price for a serving will be much lower than you might expect. You can save a lot of money if you cook at home for your dog and you will know exactly what is going into his diet.

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If you decide to cook your dog’s food the most important thing you need to consider is food safety. It’s true that dogs have many defenses against parasites and bacteria but that doesn’t mean that they are completely immune to them. Keeping your utensils clean and cooking the ingredients at the right temperatures is very important if you want to kill all the unwanted bacteria. This is very important for puppies and older dogs because they are much more vulnerable than others.

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black labrador retriever

    2. Buy only in bulk

    Not everyone has the time or aptitude to cook at home. If you are one of them, a great way to save money on dog food is to buy in bulk. Many stores have different promotions and products on sale, especially if you buy in big quantities. That’s why you need to do a little bit of research on the different pet stores and buy what’s convenient for you. It’s also very helpful to have a stockpile of food for your dog in your house because it can save you from the stress of wondering what to feed your dog tomorrow, and the day after tomorrow.

    3. Pay for the ingredients not for the brand

    Last, but not least, in knowing how to save money on dog food is to consider the brand. When shopping for dog food, sometimes the key factor in choosing one brand over another is the price. You might assume that a product with a higher price must be a better quality product when, in reality, you might just be paying more for the brand name and not the ingredients. Always check the labels of the products and compare them with other brands before you decide what you buy. You might be amazed to find products that contain the exact same ingredients, but the price will be higher only because a product is made by a certain brand. Be smart and buy the same quality for the lowest prices!

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    As you can see, it’s not that hard to save money on dog food. All you need is some knowledge and a bit of determination in order to achieve anything you want. There are other ways you can save money on your dog’s food, but the most important thing is to find a way that works the best for you and stick to whatever you find that has the best results for you. This is about your dog and his health, and nothing’s more important than that.

    Featured photo credit: smerikal via flickr.com

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    Last Updated on June 1, 2020

    How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide)

    How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide)

    Whether it’s consumer debt on credit cards, student loans[1], or a mortgage, most people find themselves weighed down by debt at some point in their lives. This can keep us working jobs we hate just to pay the bills and keep our heads above water. By learning how to pay off debt fast, you can release this burden and remove some of the stress from your life.

    The Stack Method is one way to do this. Once you understand it, you too can learn how to pay off debt fast.

    What Is the Stack Method?

    The Stack Method, often referred to as “debt stacking,” requires making a list of all your sources of debt, starting with the debts that incur the highest interest. Then, you make the minimum payments for each source of debt, but when any extra money comes your way, you throw it at the debt at the top of the list. This way, you eliminate the debts with the most interest first, dropping extra costs to a manageable level in a fairly short amount of time.

    To get started with the Stack Method, go through these steps and overcome those mountains of debt today.

    1. Stop Creating New Debt

    Most people do not receive training in handling money and how to live within their means. If you’re in debt, then you’re probably one of these people, and it’s time to bite the reality bullet.

    It’s going to be impossible to get out of debt unless you retrain your financial habits right now.

    You must make a stand against all the marketers trying to take your hard earned money or offering easy finance. You don’t need more stuff to make you happy. What you need is financial peace of mind.

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    So cut up your credit cards or freeze them. I mean this literally. Put them in a container of water and stash them in your freezer. Then, when there’s an opportunity to spend, you have time to thaw out (you and the credit cards) and really decide if you need that purchase.

    2. Rank Your Debt by Interest Rate

    Make a list of all your debt with amounts and the interest rate. The highest interest rate should be at the top as this is what you’ll pay off first.

    Paying off your high interest debt is the key to the Stack Method.

    Interest is a powerful weapon, and right now the bank or other financial institutions are using it against you. Interest significantly increases the amount you need to pay back, and often we’re completely unaware of how much that is.

    For example, if you have a $10,000 credit card debt at 20% interest where you pay a minimum payment of $200 a month, you will end up taking 9 years and 8 months to pay off the actual amount of $21,680 including $11,680 in interest!

    3. Lower Your Interest Rates

    You can often lower your credit card interest rates by doing a balance transfer. This means moving your credit card to another bank, where they will lower the interest rate to get your business[2].

    Shop around and try to get the lowest interest rate for the longest duration (preferably until it’s paid off completely). Just make sure you’re reading the terms and conditions carefully so you don’t get stung by the new bank in other ways.

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    Once you’ve done this, you can order your list of debt again if interest rates have shifted.

    4. Create a Strategic Spending Plan

    This is where we improve your financial control from Step 1. Take a piece of paper and write down your income after tax and all the expenses that you have. This will include the minimum payments on all your debt.

    Look at your expenses, and then rank them in order of importance to you. Look at the items on the bottom of your list and decide whether you’d rather have them or be financially stable. The objective is to create a spending  plan where your expenses are lower than your income.

    You also decide how much you are willing to spend on each area of your life. You can allocate amounts for rent, groceries, eating out, buying clothes, and other activities. However, realize that once you’ve spent your allocated money, there’s no dipping into other areas[3].

    It also helps to have a “Fun Account” that you can spend on what you like, and an “Emergencies Account” in case your car breaks down or other unfortunate incidents come up.

    You also want to include the extra amount you’re going to use to pay off debt in your spending plan.

    Can you afford $20 a week? $50? $100? $200 or more? It’s important that you get a realistic number that you can commit to each week without fail, and this is your Stack Repayment.

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    5. Create a Payment Schedule

    The first part of the Stack Method is to cover the minimum payment on every single debt you have. Any time you miss a payment, you incur fees, and these add up quickly. This also includes making the minimum payment on the debt with the highest interest rate.

    Then for the debt with the highest interest rate (your Target Debt), you’re going to add the Stack Repayment from your strategic spending plan. You apply this Stack Repayment and the minimum payment until that debt is paid off in full.

    As your official minimum payment decreases, you add that extra amount to your Stack Repayment. So, as your minimum repayment drops, your Stack Repayment increases equally. This will compound how fast you pay off the Target Debt by adding even more to the payments you’re making.

    6. Reward Your Progress

    You want to track your Target Debt so you can see your progress along the way. You can also decide on milestones that you’re going to celebrate and reward yourself for.

    A reward doesn’t have to cost money, but if it does then it comes from your previously allocated spending plan.

    This is an important step as it will keep your motivation going when you feel your willpower fading.

    Just like you’ve trained yourself to brush your teeth and shower, you can train yourself to manage your money. Feel great that you’re now entering the 10-20% of people who are actually responsible with money.

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    7. Compound Your Results

    Once you pay off your Target Debt, have a huge celebration and congratulate yourself. Then, you move the Stack Repayment (which includes the previous minimum payment now) to the next debt with the highest interest rate.

    This becomes the new Target Debt, and you are using your Stack Repayment amount plus the minimum payment for the new debt.

    This is why the Stack Method is so powerful. As you decrease a debt, you actually increase your Stack Repayment amount. This means the second debt will get paid off even faster, the third even faster than that, and so on and so on until you are completely debt free.

    8. Be Kind to Yourself

    During this process, your resolve is going to be tested multiple times. Maybe you’ll have an emergency like your car breaking down or the need to travel for a sick relative. The important thing is to not throw up your hands in despair and slipping back into your old habits.

    Life will test your commitment to your new responsible money attitude, and it’s up to you how you respond. When things go wrong (and I guarantee they will), you need to shrug it off and get back on track.

    Show compassion when you accidentally go over your target spending amount and decide to do better next week.

    The Bottom Line

    The Stack Method is a powerful tool, but it’s up to you whether you use it effectively. If you really want results, then bookmark this article immediately and start working through the steps.

    It’s only by the decision you make right now that you will enjoy a debt-free future and live a financially responsible life.

    More Tips on How to Pay off Debt Fast

    Featured photo credit: NeONBRAND via unsplash.com

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