house

6 Strategies For Saving Money On Your Mortgage

Now that I am the proud owner of a new mortgage of my rental property, I’ve been thinking about how quickly I can pay this loan off and reduce my mortgage costs. What I’ve realized is that paying off a large loan such as a mortgage can seem decades away, but if you apply a few strategies, not only can you pay your mortgage off faster, but you can save thousands of dollars in the process.

I’m all about having this as simple as possible, so I looked for the easiest ways to get both of these tasks accomplished. Today I present you with six simple ways to reduce your mortgage costs. Let me know which one you might try. […]

thift shopping

Thriving on Thrifting!

The following is a guest post from Crystal Stemberger over at Budgeting in the Fun Stuff.  Her daily posts cover her expenses, savings, and what she spends on the fun stuff in between.

If you are a reader here, I assume you appreciate “cheap”…at least once in a while.  I am a HUGE believer that we can all afford anything, we just can’t afford everything.  Along those lines, I prioritize and spend more where it matters most for me (our physical home and travel) and less on pretty much everything else.  […]

Senior With Money - Senior Citizen Discounts

Age 50+? Save With Senior Citizen Discounts

My step-father is now the ripe old age of 60(!) and was pushed into early retirement through a job loss.  Thankfully he was a union worker who put in more than enough time to collect a small pension, but with my younger sister still in her teens, that money can only go so far.  Teenage girls are wallet vampires.  I know, I used to be one.

I’ve thought about ways to save my mom and step-dad money without making them change their habits.  Well, at first I tried to get them to change their habits, but I gave up because they’re pretty stubborn SOB’s and they pretty much cursed me out.

While I was at my mom’s scoring free dinner one day, I rifled through their mail and found the AARP magazine.  Jackpot! While my parents think that they’re way too young and sexy to be getting the magazine I spied deals and steals galore.  This sent me down the rabbit hole of finding as many deals as possible for senior citizens.  Are you thinking that they’re just going to save nickels and dimes? Boy, are you wrong. […]

shop online

Don’t Buy Without a Discount

How often do you shop online? Do you ever get to the checkout page and realize that the promotion code box is blank and it drives you crazy? I sometimes spend 5-10 minutes searching for a code because I am sure that there has to be one out there. And, if I don’t find one I feel like I’m getting ripped off by paying full price! My motto is, “Never Buy Without a Discount.”

Recreation
Many times, recreation is a spur of the moment decision, but it doesn’t mean that you should always pay full price to have a good time. If you are heading out to go bowling, check the website of the bowling alley that you plan to go to. Most alleys have promotions going on – whether it be “all you can bowl” for an hour, or buy a game get one free. There are deals everywhere! […]

solar-money-house- solar energy

Energy Savings: How to Use Solar Energy as Leverage

Renewable power sources are getting quite popular these days with the ongoing campaign to go green. Out of all the renewable energy sources, solar energy happens to be one of the most popular among households as energy from the sun can be harnessed with the use of solar panels and estimating the amount of your cash outlay can be done easily with the price estimator from AGL Solar Energy. Many homeowners decide to install solar panels for the desire to go green and at the same time decrease their dependence on local energy sources. With the rising cost of energy, it would be to the benefit of every family to look for ways and means to decrease their electric bills without being deprived of using their gadgets and appliances and this can be best done by using solar energy. Here’s a list of the reasons why going for solar energy is advantageous for you: […]

work money - frugal emplyee

The Frugal Employee

It’s back to work for me, which means expenses related to work.  In this economy, everyone is doing what they can to save money, but some people are taking frugality to the extremes, especially if you’re an employee in a shaky industry that has seen mass layoffs these past few years. Regardless of what the state of your job is right now, it’d be a good idea to hop aboard the frugal train with the following tips: […]

cheap healthcare - health insurance

The Cheap Way to Do Obamacare

Have you logged on to the Healthcare.gov website yet? Yes, the website’s experiencing a few glitches and registration issues, but it’s worthwhile to log on now and poke around the site just to see your options – then go register in two weeks after the registration problems have been solved.

The biggest thing you’re hearing from news organizations is “if you already have health insurance, you don’t have to do anything.” Well, that’s all fine and dandy for people who like to do things the normal way, but it isn’t the best option for people who like to do things the cheap way.

If you’re the kind of person who’s reading this site, you’re probably already skilled at sussing out the cheapest airfare, cuts of meat, and other basic life expenses. Now it’s time to learn how to find the cheapest health insurance under the Affordable Care Act, as well as what to do about other types of insurance. […]

Refinancing - Should You Pay Off Your Mortgages Or Invest In 401(K)?

Important Things to Remember When Considering a Cash Out Refinancing Option

The cash out refinance option is far more popular than most people realize. According to the Truth about Mortgages, many people wind up with cash out refinance options without realizing it because the option may be given another name. This particular refinancing option can offer a lot of freedom. However, you need to keep a number of things in mind before you take it up.

Seasoning Required

Traditionally, lending institutions do not want to offer cash out options for houses that have not been seasoned. According to “Everything You Need to Know about Refinancing,” a property is considered seasoned if it has been financed for at least 12 months. This means that no refinancing or cash out options can be used during those 12 months. In some cases, lenders may be willing to make exceptions for most of the house’s value so long as the homeowners have a minimum of 25 percent home equity. […]