Families Saving Money Tips

Now is a great time to focus on money saving tips that will put a few (or hopefully more!) bucks in your family’s pocket this year.

Tip #1: Save Without Using Coupons

I’ll openly admit that myhistory with using coupons, even with a large family like mine, is not consistent. When I get inspired and am having an extremely organized phase, I’m all over coupons like flies to a dumpster.  When life is moving along at my usual hectic pace, however, coupons are not usually on my radar. That’s why I love taking advantage of two other amazing sources of saving on everything from groceries to electronics and vacations—Ibotta and Groupon.

Ibotta is a new Android and iPhone app that allows you to earn money by purchasing participating items. You can earn this money in addition to using manufacturer and store coupons. And the best part: You don’t even need your phone while you are shopping! All the work is done once you get home. Visit their website to learn more.  You can either submit receipts or link to a loyalty account. I’ve been using Ibotta for a few months now and I literally feel like

Things that Make You Will Always Poor

1. You’re Stuck in a Debt Trap

“When you’re poor, it’s easy to get stuck in a debt trap because you’re desperate,” said Kristin Wong of Brokepedia. “Whether it’s a payday loan, debt settlement scam or even just using a credit card for an emergency, it’s easy to make rash decisions when you’re stressed — and these decisions usually keep people broke.”

2. You’re Ignoring Big Debts

When you’re broke, stacks of bills and overdue notices are a huge source of anxiety and dread. But avoiding those problems and failing to manage your debts only makes them worse, according to Robert Farrington, founder of The College Investor.

“A lot of young adults are burdened by student loans and other debt, yet they don’t realize there are a lot of options out there for them,” Farrington said. “For example, for student loans, there are tons of programs that can help with lower payments and even forgiveness. But you have to take positive action and seek out these programs.”

3. You Feel Powerless

When you’re poor or in the middle of a financial hardship, it can make you feel powerless to do anything to change it.

Reason Why Happy People Earn More Money

It’s generally assumed that greater wealth leads to happiness. In fact, several studies have tried to pinpoint the magic income level for happiness, including the oft-cited Princeton University study published in 2010 that found that happiness rises as income rises up until you hit $75,000 a year — at which point happiness doesn’t improve as you earn more.

But instead of wealth leading to increased happiness, the opposite might be true: Happiness leads to greater wealth, and several recent studies support this idea.

For example, a research paper published in the Proceedings of the National Academy of Sciences of the United States of America found that adolescents and young adults who report higher life satisfaction earn significantly higher levels of income later in life.

So, do you want to boost your happiness in order to perform better at work and increase your personal wealth? If so, you need to get a better idea of why happy people are able to earn more money — here are six reasons:

Happy People Take an Optimistic Approach

Employees who are happy tend to earn more money because their optimistic approach makes them more open to opportunity and new experiences, said Lynda

Useful Finance Tips for Entrepreneur

I don’t know about you, but finances aren’t really my strength. I’m an entrepreneur — a big picture guy. I like to tackle big problems and develop big visions. I don’t like to sit around staring at a financial spreadsheet while I spend hours upon hours entering expenses by hand.

But whether we like them or not, finances are a necessary part of running a small business. To get some insight on effective procedures that entrepreneurs can adopt to improve their own accounting practices, I sat down for a quick chat with Less Accounting founder Allan Branch.

Here’s what he had to say on this critically important subject:

1. Don’t procrastinate.

One of the biggest mistakes Branch sees new entrepreneurs make is that they put off their bookkeeping needs. If you aren’t financially-minded, programs such as Quickbooks can make small-business accounting seem completely unmanageable, especially if all you need to do is send out a few invoices and track a few expenses.

Related: 10 Ways to Avoid the ‘Elephant in the Room’: Not Getting Paid

The problem is, of course, that if you put off your accounting work, it doesn’t go away. It

Improve Your Finances using This Helpful Tips

Improving your finances improves your happiness, in general, so I thought it would be important to share stuff that’s worked for me.

I’m in the best financial shape in my life, despite quitting my job and my wife recently quitting hers too. A lot of that is thanks to you guys, the readers, but it’s also thanks to frugality, to eliminating debt, to saving as much as I can. To these hacks.

Here’s what works for me — please avoid flaming me, as I’m not saying they’ll work for everybody. Share your tips and tricks in the comments!

  1. Use cash. Instead of charging things to credit cards or debit cards, use cash for non-bill spending such as eating out, gas, groceries. Spending cash makes the spending more real, and there’s an added advantage of knowing when you’re out of cash, instead of spending more than you
  2. Small weekly savings transfers. I got this idea from my friend Trent at The Simple Dollar, who automatically deducts $20 a week from his check to savings. I decided that I could live with $40/week without really feeling it — it’s a relatively small transfer that I