Unsubscribe. It seems simple enough, but countless times I’ve gone ahead and signed up for a savings/discount/newsletter just to get something free or cheap. It has led to a constant bombardment of urgent emails touting the best price of the year, a discount, or savings you can’t miss. It’s clogging my inbox, my mind, and feeding the shopaholic that is desperately waiting beneath the surface to grab my credit card so she can’t miss the savings. It sounds illogical, but it’s true.
My addiction to shopping has only hindered me in accomplishing my goals. I would happily spend hours searching for a deal, just to be able to save I saved 90% on something I didn’t need. It is a constant battle with temptation and I fight it regularly especially with the never-ending flood in my inbox and Instagram of all I could be saving with these incredible deals.
So today I unsubscribe. I limit who I let into my inbox, ( I have a spam inbox that is attached to my main one.) My goal is to clean out all the garbage, all the sales, and discounts, remove myself from the newsletters touting bargains, discounts, and unbelievable savings. After all Macy’s one day sales comes round more times than I can count. This year will be a year of savings, finding do without for the things I don’t need. It doesn’t mean I’m cutting myself off completely. It means I’m clearing out the clutter for the beautiful view up ahead. I hope you’re with me in unsubscribing from the junk in your life too.
New Year, new changes in your spending and savings? Now is the perfect time to revisit your deductions in your paycheck. Use this time to check your deductions to determine if you are giving Uncle Sam too much or too little money. We all want to keep as much of our earned income as possible, but the complicated tax laws can seem overwhelming in determining how many deductions you should take without have a large refund or larger tax liability coming. Take a few minutes to go over to Turbo Tax and use their free tax calculator to help you make a better decision when it comes to your weekly paycheck.
If you follow me on social media you know I have a busy life with 5 kids ages 3 – 18. You also should know I don’t just give money to my kids, they have to earn it. Yes even my youngest has to earn his money by completing easy tasks around the house. Well I’m always looking for ways to make my life easier, that also means ways to make my savings automatic not just for me but for my kids as well. After all part of my job is to make them ready for adulthood.
This challenge is easy enough that even my 3 year old can do it. The challenge is simple, every week you put money aside, starting with a $1 and building up to you put $52 dollars away for the week. At the end of the year you will have saved $1378. After you save make sure it stays saved, this is a challenge for my 18 year old.
Update your will and beneficiaries. With every life change you should update your will and make sure your wishes are in writing. It’s inevitable that we will all go, so prepare ahead so it’s less stress on your loved ones. Make sure your beneficiaries have access to your passwords as well.
Consolidate your debt. Debt is a “dirty” word when it comes to your credit cards, high interest loans, pay day loans, you get the idea. Keep your debt at zero or no more than 10% of your credit line. Eventually get to a point where you’re paying off your credit card each month. Your credit report will thank you, trust me. You can regularly check your credit report at Credit Karma for free.