Savings Tip: Grocery Shopping

Summer may be over, but we still have more saving tips to share!

According to the US Department of Agriculture’s Center for Nutrition Policy and Promotion, the average American family of four spends as little as $610 and as much as $1,203 per month on groceries. A huge line item for most of us, there are ways you can reduce your monthly grocery bill. Continue reading

Kids: First job? Tips for saving money

For many teenagers, the hardest thing about earning money is learning to manage it wisely. Until they had their own money, Mom and Dad were their own private bank. Money appeared like magic whenever they asked, as long as the request was reasonable.

Now that they have their own payday, they tend to want to hold on to their earnings. To save, you ask? Not necessarily! Chances are they’d rather squirrel it away for that next trip to the mall with their friends. And then there might just be nothing left until the next payday. Continue reading

Money and Kids: 5 Tips for Success

We are pleased to welcome guest blogger, Laura Edgar, senior writer for NerdWallet.com, a personal finance website dedicated to promoting financial literacy.

Money management is a popular topic for grownups, but it’s just as important for kids. Sure, your child may not have to worry about paying the mortgage, but she does need to practice budgeting, spending and saving. Kids who learn good money management habits are way more likely to make smart financial choices when they grow up; study after study confirms it.

Teaching your children good money skills isn’t as difficult as it sounds. You already know a lot about it! Here are 5 expert tips to get you started. Continue reading

Summer Saving Tip: Pack a Lunch

Let’s face it, heading out to the local restaurant, sub shop or pizza parlor every work day can be a budget buster. Don’t believe it?

Take a typical lunch tab, multiply it by 5 and then by the number of weeks you work each year. Sit back and marvel at the total! Then imagine whittling that number down, down and down — and imagine the savings if you brought your lunch to work. You could be talking $1,000, $2,000 or even $3,000 a year! Continue reading

Summer Savings Tip — Cut your caffeine budget!

What’s your coffee count? How many cups do you drink in a day?  In a week, a month, a year?

CBS News says that more than 50 percent of Americans drink coffee every day. And not just one cup, but three to four cups.

That’s a lot of caffeine — and a lot of cash out of your pocket. That caffeine jolt could easily be costing you $1,000 a year or more depending on your coffee destination and what you order once you’re there.

There are ways to trim down your coffee expenses without quitting cold turkey or cutting your consumption dramatically. Here are a few: Continue reading