Early Holiday Shopping Tips

The following is a guest post by Kyle James, who owns and operates a website called Rather-Be-Shopping.com which lists and organizes online coupon codes for over 700 stores, organized in 25 shopping categories.

According to the National Consumer Council, 40% of all retail sales happen in November and December every year. What an incredible number. Personally, I really look forward to the Holidays, and with three young children, it’s a true blessing to be able to see and experience Christmas through their eyes. But in all reality, it can often be a very stressful time for parents. Fighting the crowds and making sure not to overspend can be quite trying. But it doesn’t have to be. Here are a few tips to make this holiday shopping season easier, both on you and on your wallet.

~ Real Black Friday Opportunities – People get crazy when Black Friday deals come out. The problem is most stores have a very limited number of these incredible deals, and unless you want to stand in line all night long, you’re not going to be able to take advantage. But that doesn’t mean you can’t take advantage of Black Friday, especially when it comes to clothing. For the most part, consumers go ga-ga over the electronic deals, not the clothing deals. Because of this, my wife and I regularly go out on Friday afternoon and buy clothes for our kid’s at some really low prices. Try it this year, I think you will be blown away with the deals, and the stores won’t be nearly as crazy.

~ Check eBay.com – Perhaps my favorite holiday shopping tip is to check eBay.com the weekend of Black Friday. You will be amazed how many people buy stuff really cheap on Black Friday, only to turn around and try and make a quick profit by selling it on eBay. The best part is you get to sleep in on Black Friday, then check eBay later that weekend. It has been my experience that you will only pay a fraction more than if you had stood in line at 4am.

~ Go Social This Year – This year, more than ever, retailers will be using their Facebook pages and Twitter feeds to inform consumers of upcoming sales and coupons. So before you do any holiday shopping this year be sure to log-on to social networking sites and find the best deal possible. JCPenney.com actually announced that they will have exclusive Facebook Christmas coupons available this year. Make sure you don’t pay full price on anything.

Crystal’s Comments:  I try to keep an eye out year round for holiday gifts for my loved ones, but usually end up buying 99% of them from Amazon.com and Ebay.com in November and December anyway, lol.

To give you an idea of the savings available, here is a small sampling of coupons from my website. Thanks Crystal for letting me contribute once again to your terrific blog.

American Eagle Outfitters.com

Save 20% Off your entire online purchase

Coupon Code: 20493061

Expiration: 10/04/11

See All Coupons For: American Eagle

Barnes & Noble.com

Save 15% Off Any 1 Item in your order

Coupon Code: X9F9N8C

Expiration: 9/30/11

See All Coupons For: Barnes & Noble

PetSmart.com

Save 15% off your entire online purchase

Coupon Code: 6FF15

Expiration: 9/30/11

See All Coupons For: PetSmart.com

The Dangers of Cubicle Living

The following is a guest post by Kevin, who currently lives the white collar lifestyle, but his real dream is to get out of the rat race one day. He enjoys exploring unvisited places around the world and gaining new experiences. He believes that by properly managing our energy and time, we can learn to invest our lives wisely.

One upon a time, most of the work to be done consisted of hard, physical work, in the factories, on the farms, and in transporting those goods from there to your home. Much of this work was physically exhausting and some of it was dangerous, but on the bright side, at least people got plenty of exercise and physical activity.

Today, many of us are “lucky” enough to spend our hours indoors on a comfortable office chair and we live lives of comparative luxury! We spend many hours of our day inside a small area enclosed by short walls, affectionately known as “The Cubicle”.

Is it really all it’s cracked up to be? In other lines of work, the danger is obvious: place your hand in the wrong place and you might get your fingers crushed or worse. Yet, there are actually dangers to cubicle life as well, and they can sneak up on you when you least expect it.

Building up stress until we explode.

White-collar work is less physically strenuous than other lines of work for sure, but that doesn’t make it any less exhausting or stressful. First you have to sit in traffic, then you spend a full day of mental activity, dealing with bosses, clients, and less-than-idea coworkers who get paid more than you for inferior work just because they have seniority, and at the end of it all, you slump back into your car, battle the traffic back home and daze away the rest of your night in your large home with granite countertops, living paycheck to paycheck. Then you wake up the next morning to do it all over again.

Ok, so I might be exaggerating just a little bit. However, it’s true that a white-collar lifestyle is not the healthiest. Our bodies need a physical outlet for stress, and when we sit on our asses in a chair all day we’re just not getting that. We also require healthy exposure to the sun, and in northern climes it happens that for half of the year, it’s dark when you get to work, and it’s dark when you leave! My uncle is a blue-collar foreman, and is strong as heck and fit as a fiddle, even if he does look like a roasted chicken. His work is a natural outlet for stress that comes up during the day.

For those of us in the cubicle, the stress might just build up one day until we snap, and that’s not healthy for anyone. People who have seen Office Space and who have actually worked in a cubicle will know what I’m talking about.

Forgetting about our dreams

Perhaps an even bigger danger of cubicle life is that we get so wrapped in our work and our lives at work that we don’t have much time to think about our dreams or much energy to pursue them. I can see this happening to myself, sometimes, where I take the comfort of routine and security and lose sight of where I ultimately want to be. I can also see it happening to others: friends that want to pursue master’s degrees, change their line of work, and pursue their passions and dreams.

Not everyone is as self-driven as the heroes that we often look up to, and sometimes we need a bit of a kick in the ass to get there. That can be hard when we’re caught up in the security of a comfortable job. We put up with the crap because we know, at the end of the day, we have a job, insurance, and a roof over our heads. Yet, we lose a little something of ourselves when we neglect our dreams because we’re afraid of losing this security.

How to deal with it

Stand-up desks

Don’t get enough exercise during the day? Well, Mashable has an article up on the growing popularity of stand-up desks — desks that force you to stand instead of sitting around all day. This might be unrealistic for you, so the alternative is to make sure you take breaks during the day, and often.

Diet and health

If you’re not running in marathons or engaging in back-breaking work all day, your body will have no choice but to turn all of those carbohydrates that you’re probably eating into fat. This path can eventually lead to diabetes as well as other health problems. I’m not a health “expert”, but there seems to be a lot of merit in the idea that switching to wholesome foods — meaning, the stuff you buy around the edges of the grocery store and not in the middle, and cutting down on the processed food and stuff with refined sugar, flour, and corn syrup will have a great positive impact on your health. I don’t think there’s anything wrong with a cup of coffee in the morning, either, but 4 or 5 to get you through the day might mean it’s time to cut back and get some more sleep.

Get out of the rat race

Maybe the best way is to get out of the cubicle! Of course, if you end up doing the same thing at home it could be worse, since you will then also face social isolation and lack of routine. However, if you are self-driven enough or can find another way of kicking yourself in the ass, then this can be the dream. I find Crystal’s journey to be so inspiring, because she was once stuck in the cubicle, herself, and then she actually got herself out of the rat race and is now following her passions and dreams. I’m not there yet, myself, but I am inspired by her success.

Crystal’s Comments:  Thank you so much for the kind words and excellent guest post!!!

Techniques to Erase Credit Card Debt

The following is a guest post by Ross, who runs a website centered around personal finance and credit at GreatCreditScore.org. He works to provide free honest information about finance, the economy, credit and investing.

Credit card balances can start out small, but snowball very quickly. With average an interest rate of around 10% – 20%, a small balance can quickly balloon over a period of months. Many people don’t realize that by carrying a balance, they are essentially borrowing money at an interest rate that can be double what a traditional bank loan would cost. In addition to costing you money, unpaid balances can affect your credit negatively. Holding a balance for a long period of time can cause fairly good credit to fall dramatically. Keeping up with current expenses while simultaneously trying to reduce this debt can be difficult.

Here are some tips to pay down your balance and work towards being debt-free:

Generating More Income

If you aren’t able to keep up with the demand of your bills and debt, you may need to consider ways of bringing in extra income. One source of quick cash, is an estate sale. Over a lifetime families can accumulate an attic full of “unused stuff” that just sits around and collects dust. These old goods can be sold very quickly by holding a sale in your front yard. Try setting aside one or two days on the weekend to get rid of these accumulated items. These sales will most likely will not bring in a huge sum of cash, but may be enough to put a dent in your debt. Dedicate the entire amount of the sale to your credit card debt.

Another way to generate income is with a part time job. Delivery or service jobs can bring in income from tips and offer flexible hours without much training. Nighttime or weekend hours are usually available and can help increase cash flow. Online freelancing is also a great way to pay extra bills. Online article writing jobs are always available for people that have good english and writing skills. These freelance writing jobs can often be mind-numbing work, but it can be done on your own time and can easily generate extra cash.

Planning a Budget

Tracking all of your monthly income and bills is very important to paying down your debts. The website mint.com offers free personal finance software that you can use to accurately follow your progress. Monitoring all bills and all income will allow you to set aside a specific amount of money that can be dedicated just to your credit card debts. Having a specific number that you are trying to reach each month will help you stick to your plan and not overspend. Falling into the habit of budgeting will also protect you from falling into credit card debt in the future.

Negotiating Your Debt

It is a common misconception that credit card debt can be easily negotiated to a reduced amount. This is more likely to happen only in specific circumstances. For example, if you are 6 months or more behind on your payments, or if you are close to going bankrupt. In these cases creditors have a motivation to reduce your balance. Your creditors will negotiate with you to get some portion of what they are owed only if they feel you are too financially strained to pay the full amount. If you are on the verge of financial calamity, negotiation is a possibility. You may want to seek the help of a non-profit credit counselor for advice and help through this process. It is also possible to do it on you own. Just make sure you know what you are getting into before you make the calls.

Paying off credit card debt can seem daunting, but it can be done with proper planning. Forming a plan of attack is essential for paying down the debt and turning your finances around. Having a better understanding of how quickly high interest can get out of control, means that you are much less likely to repeat the same mistakes.

Our Car Insurance and Life Insurance Update

As I have mentioned before, I call around to get the best rates possible on our car insurance every 6 months to a year.  For insurance if we die early, my husband and I bought additional coverage through his health insurance plan at work.  Here’s where we stand on both of these right now.

Car Insurance

We are currently insured through Geico on both of our vehicles.  Both of our cars are completely paid off, but my husband’s Prius would still be quite expensive to replace if necessary, so it has full coverage.  I have liability only coverage on my 2005 Chevy Aveo since it’s now worth less than $5000.   I believe we are both up to 6 digits of liability coverage since we are worth a lot more now than when we first got married (it was a low bar, lol).

Right now, we are paying about $125 a month for our car insurance policies, but we could get that down to $115 a month again if we’d sit down and take defensive driving courses.  Apparently insurance companies want you to take refrsher courses every 3 years.  We’ve been busy and lazy, but we will be fitting that in soon since the extra $10 a month annoys me.

Life Insurance

Since we do make sure to save and invest a bunch of money every month (about 35%-45% of what we bring home), and we can each pay all of our bills with our own incomes, we do not go nuts with insurance.  His public school health plan provides him with $15,000 of coverage, but we do pay a little extra for each of us to hit the $100,000 mark.  That way if one of us dies, the other one can pay off the remaining $60,000 on our mortgage, cover the funeral expenses, and still have a couple of months of living expenses covered while everything settles down. 

I believe we pay a total of $20 a month for this extra term life coverage.  If I ever needed to find a better policy, like if we ever have a kid, I’d probably get a life insurance quote from multiple companies until I found another good deal.  Right now, we are perfectly satisfied.

How does your coverage look?

Taking the Week Off for the Financial Blogger Conference

Hey everybody!  As you may have noticed, I haven’t put up a roundup or an update post this weekend.  Since I am getting ready for the 2011 Financial Blogger Conference from 9/30-10/2, I am taking the next week or so off to get prepared, catch up with my freelancing stuff since I will need to take a few days off, and am enjoying a late summer break.  icon smile Taking the Week Off for the Financial Blogger Conference   There will be sponsored posts and guest posts going up this whole week instead that I hope you enjoy.  Otherwise, I will be back up and writing as usual starting the week after this one.

Hope everyone has a fantastic week!  I’ll be sure to let you all know how FINCON11 goes!  You will definitely want to tune in October 3rd or 4th for my monthly blog update – it has been the best self-employment month so far, woot!  icon smile Taking the Week Off for the Financial Blogger Conference

Save Money On Your Home Energy Bills

This article provided by U Switch.

With gas and electricity prices rising far faster than inflation it’s more important than ever to make an energy comparison in a bid to get the best deal for your home. It’s also important to use and waste less energy – good for the planet and good for your wallet. Conducting an energy comparison price check on your utility provider is also vital. Compare gas and electricity prices to make sure you aren’t paying more that you need to.

For anyone looking to reduce their energy costs there are a number of things you can do to cut your bills. It’s important to consume less energy and there are simple ways to do that. By not heating rooms that aren’t being used and switching lights off you can quickly reduce energy use. Install energy saving bulbs too. In the kitchen boil pans with the lids on and only boil as much water as you need to use in the kettle. Try and run the washing machine, tumble dryer and dishwasher on full loads to use less energy and minimise or cut out the amount of time you use the energy-hungry tumble dryer. These might seem like small changes but if they’re implemented on a mass scale they really can make a difference.

When it comes to buying new appliances or household equipment you should always go for the most energy efficient ones so check the ratings before you buy. Getting a new and more efficient gas boiler is also an effective way to chop some pounds of your annual gas bill.

Many of us live in homes that are too warm. Even in the winter room temperatures should ideally be somewhere between 18 and 21 degrees. Turning the thermostat down just 1 degree could reduce your heating bill by as much as 10%.

After you’re finished using the TV, DVD or kitchen appliances switch them off completely instead of leaving them on standby and don’t leave mobile phones or laptops charging when the batteries are already full.

Another way to save money on your energy bills is to help stop the warmth in your home esca ping. Many properties, especially older ones, leak warm air out through windows, the walls and up through the roof, resulting in higher costs and lots of wasted energy.

To remedy the problem consider draught-proofing windows and doors. You can also put in loft insulation, or improve your existing insulation if it’s not thick enough. Depending on your DIY skills these could be jobs you can do yourself. More costly, but very effective, is to replace single paned windows with double or even triple glazed windows. You will also benefit from reduced noise levels.

When you have implemented your energy saving methods, the next thing to consider is how to pay as little as possible for the electricity and gas you do use. Energy comparison really is important because there can be big differences in gas and electricity prices between the companies.

It’s useful to compare energy prices to see which companies are providing the best deals. It’s worth taking the time to compare gas and electricity prices regularly even if you’ve done so in the past, as tariffs change all the time.

If you have electric heating it’s even more important to compare electricity prices to get the best price. If you compare electricity prices and find them high, even with the best deal, it may even be worth exploring alternative methods of heating your home.

If you are planning any major upheavals in how you heat your home or save energy it could be worth contacting your local authority or energy advice organisations for information on grants that may be available.

When you compare energy prices there are different tariffs to consider. With prices unlikely to come down soon, if at all, it may be worth considering moving onto a fixed rate which will keep you safe from any future rises until the end of the period, but do your research before you sign up.

Remember when you do an energy comparison price check you will probably get a better deal if you take gas and electricity from the same company and pay by direct debit. It’s easy to do an energy comparison and the results really could shave pounds of your bill.

Money Lessons from “The Help”

As you may have read here, I love books.  Mainly murder mysteries and paranormal fiction, but I am pretty eclectic.  My mother-in-law let me borrow her copy of “The Help” by Kathryn Stockett to read but I kept putting it off.  But I’ve made plans to see the movie with a friend this weekend, so I am spending any free time this week finishing off the book. 

As I am writing this (Thursday morning), I am only about half way through.  Looking past all of the times I want to slap the racism out of a character, I also keep wanting to sit down with the characters and talk personal finance.  “The Help” focuses on a few maids and nannies, a few of their bosses, and a specific woman nicknamed Ms. Skeeter who is writing about it all. 

The Housekeepers

One of the housekeepers, Aibileen, barely makes enough to cover the bare necessities, but her neighbor shares her gardening spoils, which helps her survive.  She also starts bringing in some money from helping with a housekeeping column.  The other housekeeper, Minny, makes much more, but her drunk husband seems to sponge off of her.

The Bosses

Aibileen’s boss, Mrs. Leefolt, is a crappy mom and is definitely trying to keep up with the Jones’.  She uses her (limited) sewing skills to make her own clothing and covers for the used furniture.  I actually yelled at her when she was having a “colored bathroom” built that she was a complete idiot.  Not only is that obviously the dumbest thing ever, but she could have used that money on clothes with an even hem line.  Idjit.

Minny’s boss, Celia, pretty much throws money at Minny since she doesn’t know how to clean a house or cook.  She’s also very nervous all the time and I don’t know why yet.  I have some guesses though.  I just read the part where we meet her husband, and he is actually a nice guy and not the monster Minny thought he’d be.  Now I am more curious than ever about the weird things Celia does, but I digress.  I want her to use her money to find a hobby.  The woman is obviously depressed and needs to do something she enjoys.  I was thinking she could get a horse or teach herself skills that most other women back then avoided since she is alone all the time and no one would judge her.

Skeeter

The woman who wants to write about working as a black housekeeper in a white-dominated society is a white woman herself, Eugenia Phelan aka Skeeter.  Skeeter is pretty naive in the beginning but has a good heart.  She comes from a wealthy family and doesn’t have to worry about money even though she’d gladly move out on her own.  When she got hired at $10 a week to write a housekeeping column and used Aibileen’s knowledge to pull it off, I was thinking that she should dang well pay Aibileen.  Then a few chapters later, I read that she was actually putting half of her paycheck aside for Aibileen already.  Good.  Now I am waiting to see if she finally moves out on her own and can live on what she makes writing.

I hope by the time that you all read this that I will be completely done with the book and ready to see the movie.  So far, “The Help” is a great book and I’m sure I will continue talking to myself about money stuff as I read.  icon smile Money Lessons from The Help

Have you read “The Help” or have seen the movie yet?  What did you think?