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6 Ways To Save Money On Makeup Products

6 Ways To Save Money On Makeup Products

With all of life’s expenses, it can be hard to justify pricey beauty products, costly haircuts and frequent manicures. Luckily, you don’t need to spend a lot to feel like a million dollars. Here are some easy tricks to saving money on beauty supplies, while still maintaining the quality that comes with high-end products. Best of all, some of these beauty hacks are products that may already be in your medicine cabinet.

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    1. Invest in daily inexpensive staples that can be used for multiple purposes.

    There are many products that you might already have in your bathroom, that can be used for different types of beauty upkeep. Petroleum jelly (vaseline) works as an effective lip gloss, foot moisturizer and make-up remover all-in-one. Your regular hair conditioner can also be used as shaving creme and Johnson’s No More Tears Baby Shampoo can be an inexpensive way to clean your make-up brushes. Baby powder can be substituted for dry shampoo, getting rid of any excess oil in your hair. Make sure to shake out the brush first to get rid of any extra powder.

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      2. Don’t overlook generic drugstore brands

      It may be tempting to buy the latest beauty product based on its brand name, but overlooking its drugstore counterpart is ignoring potential savings. Dr. Neal Schultz, founder of DermTV and a cosmetic dermatologist did a test at his local drug store that proved the house brand was almost identical in ingredients to its brand name twin and was up to $5 cheaper.

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        3. Show loyalty to specific brands

        Both drugstores and well-known beauty stores have membership options where you are rewarded with points every time that you spend. One popular example is Sephora’s Beauty Insider, a free reward program that gives you a point for each dollar that you spend at their store. Once you acquire 100 points you are gifted with a free sample. Sally Beauty Club Card has a $5 membership charge per year, but this cost is made up in the savings and coupons that you receive on every product that you buy from this company. Are you a frequent hair color fan? L’Oreal Gold Rewards gives you a free hair color product after your fifth purchase.

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          4. Lock-in your fresh mani and pedi

          A day at the nail spa is an instant mood booster, but only seems to last a few days until the inevitable chipping and peeling begins. For tried and true staying power Jane Park, owner of Julep Nail Parlors in Seattle, swears by locking in the color by painting the tip of the nail with a topcoat. The free edge is where the damage usually starts from and it also gives your nails a polished finish.

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            Photo via Pixabay

            5. Look for the deals on the ground

            Major makeup retailers like Sephora put their most expensive products at eye level, because this is where customers are bound to direct their gaze. The cheaper versions are located below their more costly counterparts, so make sure to look around for products that are equal in quality but won’t hurt your wallet.

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              6. Buy in bulk

              Purchasing beauty products at wholesale retailers like Costco and Sam’s Club is an easy way to save money while still getting quality brands. If the idea of having three of one item seems excessive, split the cost and products with a friend. Don’t have a friend to share the bounty? Think of buying in bulk as a beauty investment, especially a product that you use daily. It will ultimately be cheaper than having to buy it individually and will also save you the time of having to make repeat runs to your local drugstore. It’s a win-win situation.

              Featured photo credit: Pixabay via pixabay.com

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              Published on January 8, 2021

              How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

              How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

              Ever wondered whether your credit card debt is the reason you’re in a bad financial situation? You can’t enjoy any fun activities because a good chunk of your money goes toward debt payment. Heck, you’re even behind on some of your monthly bills.

              The effects of clumsy debt management are too many to list here. This guide is going to help you discover how to pay off credit card debt fast and start chasing your financial goals.

              Debt problems are the last thing anyone wants to encounter. But things can get out of hand when all the “little debts” you take accumulate in interests.

              What if you knew some simple and proven ways to be debt-free quickly? Implementing them would mean better financial health for you. It becomes possible to free up cash for your “wants.” These include taking a trip or buying something you’ve always desired. All that while paying your bills on time!

              Let’s not wait any longer. Here are 7 powerful tips for paying off credit card debt fast:

              1. Pay More Than the Minimum Credit Card Payments

              Many people only pay the monthly minimum on their credit cards. Truly, that’s the right amount for staying on good terms with your credit card company. But you need a different approach if you’re looking to achieve financial independence within a short time.[1]

              Most of your payments go toward interest costs when you only pay the minimum amount. A substantial sum of your balance remains standing. As a result, it becomes more expensive to eliminate your debts.

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              You don’t want to wait more than 10 years to get rid of debt while it’s possible to do it sooner. All you have to do is double that $100 minimum payment to $200 or go higher.

              The good thing is that minimum credit card payments are affordable in most cases. By paying a higher amount, you reduce your interest costs, lessen your borrowing period, and boost your credit score.

              2. Start With High-Interest Credit Card Debt

              If you have more than one credit card debt, prioritize putting the extra money toward the ones with the highest interests. This debt pay-off strategy, known as the debt avalanche method, is essential for being debt-free quickly.[2]

              First, you need to list down all the credit card debts you have in the order of their interest rates. Next, you choose the one with the highest interest and pay a significant amount toward it each month. It can be an amount twice or even thrice larger than the minimum payment.

              At the same time, you make monthly minimum payments on the other debts. Their interest charges won’t be as costly as that of the first debt on your list. You only move on to the next high-interest debt after the first one is gone. Remember that your focus is on the interest rates and not the balances.

              3. Revisit Your Budget

              Budgeting is useful for tracking your financial moves. Once you create a budget, some tweaks along the way can make it work for you better. One situation that requires you to revisit your budget is when you’re struggling with debts. It might hurt a bit to slash some expenses. But you also don’t want to miss out on achieving financial freedom in the long run.

              You can reduce some variable expenses to free up more cash for credit card debt payments. They’re the ones that change from time to time. Some examples are groceries, fuel, and clothing.

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              Other opportunities for cutting down your spending lie in non-essential expenses. Instead of dining out all the time, you can cook at home more to save money. You can also share some subscriptions with friends and pay a fraction of the cost.

              If you’re determined enough, you can eliminate all your unnecessary expenses and focus on paying off your credit card debt first.

              4. Avoid Using Your Credit Cards

              Do you want to know how to pay off credit card debt with a low income? One simple way is to stop using them. Having your credit cards everywhere you go means that you’ll be more tempted to buy unnecessary stuff. In this case, you spend money that you don’t really own and get deeper into debt.

              The quickest fix to stop the debt build-up is spending with cash. You’ll be more aware of everything you can afford at any particular time. If you decide to keep one or two cards to ease the transition, always make wise choices. For instance, only use them when experiencing financial difficulties.

              It’s best to categorize your fun activities under “discretionary spending” in your budget. This way, you won’t need more debt to kill your boredom. By halting your credit debt from accumulating, it’s easy to pay down what you already owe and be happy with the progress.

              5. Start a Side Hustle to Boost Your Income

              You’re probably turning away a lot of money by not monetizing your skills. Everyone has something that they’re good at doing. And you can use that to generate extra income for attacking your credit card debt.

              If you look around your neighborhood, you can find several side hustle opportunities. It can be pet sitting, tutoring, or lawn mowing. You can start an online business by offering services such as digital marketing, content creation, and web development. Such skills go in high demand on freelance sites and job boards.

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              Finding clients on social media is also a good strategy to utilize your skills and make more money. Facebook groups, Quora Spaces, and subreddits are some places to look for side jobs. You only have to join a niche-specific platform, share your services, and respond to any opportunities.

              It’s possible to learn a skill, practice it, and earn from it. Use the free resources online or purchase some e-courses to get started.

              6. Sell Your Used Items for Extra Cash

              Starting a side hustle isn’t the only way to generate extra money. You can turn unwanted items into cash for paying off credit card debt. Whether it’s an old TV, book, or furniture, there is always someone itching to buy your used stuff.

              A garage sale, as much as it’s old-fashioned, is perfect for getting your neighbors and passers-by to buy from you. You keep all the money because there are no business permits or taxes involved. While you may not make much cash, it’s better than leaving your stuff to go defunct in your storage.

              Other than that, you can sell your used stuff on online marketplaces. Facebook groups are great places to start if you want quick approvals and hence sales. You only have to ensure that your listing follows Facebook’s commerce policies.

              When selling any pre-owned items online, ensure they’re in good shape to avoid problems with your buyers.

              7. Know When to Seek Help With Your Debt

              Asking for help with your credit card debt can be challenging to do. But letting it drown you is a road you don’t want to take. While you may feel embarrassed at first, it’s the best way to get back on track when you run out of options.

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              There are tons of non-profit credit counseling organizations that can offer you free guidance on how to escape the debt trap. An example is The National Foundation for Credit Counseling. They simply review your finances and help you determine the source of your financial problems. After that, they match you with an actionable debt management solution.[3]

              In extreme cases, the debt solution can be:

              • Debt relief – where your debt is partially or wholly forgiven
              • Debt consolidation – taking out one loan to repay others
              • Debt settlement – the creditor forgives a significant portion of your debt
              • Bankruptcy – legal process for seeking relief from some or all your debts

              It’s necessary to carefully weigh your options before deciding on the way to go. Find out how it might affect your credit score and any other risks.

              Wrapping It Up

              Debt is a major setback when you’re trying to prosper in life. Paying off credit card debt is essential if you want to reach your financial goals. That means having more free income, a good credit card score, and even a chance to retire early. You become more productive each day because of the peace in your mind.

              So, you now have some tips on how to pay off credit fast. Go ahead and get rid of that good life progress killer!

              More Tips on How to Pay Off Debt

              Featured photo credit: rupixen.com via unsplash.com

              Reference

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