Daily Coupon USA

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Daily Coupon USA - My Wordpress Blog

ARE YOU SAVING ENOUGH FOR THE FUTURE?

Saving is no longer as simple as keeping all your coinage in a jar on the mantelpiece or storing cash in the mattress. The world has become a technologically and economically complex place. Whilst the earliest forms of insurance, relating to business risk and retirement, date as far back as the Chinese in the 3rd century BCE, the methods of payment and options available were limited. A once off payment was all that was needed and you could get up to double your money back.
Digital technology and our diverse economic systems and policies have increased our options both for investment and for risk protection. This is an arena that is constantly changing, growing rapidly and needs to be monitored regularly – which is one reason for having your own financial planner!
Regardless of how your portfolio looks, there are some standard principles to employ when saving for the future:

Step 1. Having a budget

The first step in saving money is to ensure that you know where you are spending your money. Draft a budget. This can be a simple document that shows your inflows on the one side and all your outflows on the other side. Now your goal is to reduce your debt payments, by paying off your most expensive (highest interest rate) debt first. Budgeting is crucial to creating a sustainable investment plan and to ensure that you are saving enough for the future. If you need help with this, go to my contact page and let’s hook up!

Step 2. Choosing your investment options

Now that you have some disposable income and less debt, you need to investigate all the options that are available. Meeting with me will help you find the products that are best suited to your needs. These products vary in length, access to funds, return on your investment and the fees that are involved. If your your saving goal is less than 12 months, then look to your bank and make use of their products. The longer you want to invest for opens up opportunities to make use of Exchange Traded Funds, Unit Trusts as well as Property, Endowments and Retirement Annuities.

Step 3. Protect yourself.

I know! It’s strange to mention insurance in an article about savings but it is really important. If you are not able to earn your income, you are unable to maintain your saving goals and the investments that you have put in place. It’s a good idea to speak to me review your entire portfolio every year, to ensure that you are getting the best cover for your money.
And that’s it in a nutshell! Remember, the more we talk, the higher your chance of making wise choices around the future of your earnings to provide for yourself and your family!
source: http://www.richideas.co.za/p/saving-is-no-longer-as-simple-as.html

Americans have limited options when it comes to saving money

Broke and barely paying their bills, most Americans have to ignore pleas to save more. No wonder the US savings rate has plunged to historic lows, experts say.

Only about one-third of Americans are living within their means and with their long-term financial future assured, according to Stephen Brobeck, executive director of the Consumer Federation of America (CFA).

financial calculationsThe savings crisis cuts across a wide swath of income groups and households — young, middle-aged and seniors. And last week a new CFA survey revealed that the majority are struggling to save.

“I can’t even consider saving,” Shelly Selin, an 80-year-old retiree who lives on Manhattan’s Upper East Side, told The Post. The former HR executive and his wife, who pay a $2,500 monthly mortgage, finance their retirement mostly from investments, annuities and Social Security. That’s before living expenses, including food and electricity, are factored in.

As a volunteer tax preparer with an active social life, Selin is alarmed at talk of saving. “Bank interest rates are at less than 1 percent, and I’ve heard stories of people saying, ‘I thought I had enough money in CDs, and now I don’t.’ They forget these CDs don’t pay any interest.”

These struggling savers are not alone. The United Way of Northern New Jersey charity has coined a new term, ALICE, for the vast population of low- and moderate-income households that are now sometimes a paycheck away from financial disaster.

For ALICE (Asset-Limited, Income-Constrained, Employed consumers), saving is often the last thing on their minds.

“They are barely getting by,” said Laura Bruno of the United Way of Northern New Jersey. “They are not able to put any more aside for savings, so if they have one emergency — [for example, if] the car breaks down — they can find themselves in real trouble.”

Despite today’s bank come-ons for new savers — $200 cash bonuses are one recent incentive — hard-core savers are scarce.

As shoppers rushed to the mall this past Christmas, the savings rate (the percentage of disposable income households are putting aside) declined to an 11-month low of 3.9 percent.

Analysts are not surprised. “The American government strongly believes that people should spend as much money as they get,” said bank analyst Dick Bove of Rafferty Capital Markets.

Source : http://nypost.com/2014/03/01/americans-have-limited-options-when-it-comes-to-saving-money/

3 Quick Tips to Save Money with Coupons

You can save money by clipping coupons but it can be exhausting. This is especially so when you’re not sure what you are doing. However, when you save $32 here and $18 there, the effort is well worth it. Saving becomes challenging and rewarding.

A few tips to follow will help keep your savings going up and arm you with techniques even a beginner couponer can follow. Like everything else in life, it will take time and effort (all good things do).

In no time, it will become a part of your normal routine. Of course to start however, you will need to find room on your plate to fit it in. It will be worth the time if you can shave $200 – $500 on your groceries and household items. You’ll be a happy camper. Clipping coupons can easily yield these results when you make it a habit.

Step 1: Organize your coupons.

You can get all your coupons from the Sunday paper, from your stores sales ads and from the internet. It won’t take long to have a large stack which of course will need organizing. I use The Couponizer to organize my coupons.

Without a system to sort your coupons you will likely become frustrated. Figure out what works best for you and start clipping.

Step 2: Limit your shopping trips and track what you need.

If you find a particular day or evening is less hectic, use this time to clip your coupons. Also, it is best to choose 1-2 days each week for your actual shopping trips. Limit it as much as you can to save more money.

Keep track of items in need of stocking up with a free download that you can post on the refrigerator. Track this during the week and pull coupons you have. If you can match the coupons up with in store sales items, you’ll save big.

3. Meal planning for the week.

If you’ve never planned that far ahead you’ll be in for a surprise. Sitting down to organize the weeks meals will, in the end, save you time (and money).

There are sites you can pay to have them make out a plan for you. Like E-Mealz. It costs roughly $1.25 per week. But, planning meals yourself isn’t that difficult. It’s your choice of course, you decide.

Check out 5 Weekly Meal Planning Tips to help organize your week. And use the free Weekly Meal Plan download to hang on the fridge.

Have fun saving!

How do you save money with coupons? Please share some of your tips and tricks in the comments below.

 

 

 

Money-Saving Coupon Apps Every Consumer Should Use

Coupons have always been a way to save, but increasingly, clipping newspaper coupons is a futile act. You’ll spend time cutting and sorting, just to have the majority of them will expire before you even get to use them; and even if you had valid coupons, you’d likely forget them at home until they expire anyway. But after years of coupon fails, technology has finally caught up with money-saving tactics. These smart phone apps take this process into the 21st century:

 

SnipSnap

SnipSnap’s slogan says it all: “Never leave a coupon at home again!” There’s no forgetting your coupons when they’re in your smartphone, which for most people is practically the very thing that’s with them 24/7. Users take pictures of retail and restaurant coupons with their smartphones, a process deemed “snipping,” and the coupons are stored digitally in the app. While shopping, users then simply locate their desired coupon in SnipSnap, select “Tap to Redeem,” and show it to a store clerk at check-out. One awesome feature of Snip Snap is that users can access not only their snipped coupons, but also those of other users through the app’s “Discovery” feature; this creates more savings opportunities for everyone using SnipSnap. The app’s only con is that it only supports iOS, leaving Android users in the dark.

 

Coupon Sherpa

Android (and iOS) users have Coupon Sherpa, which is essentially the same concept as SnipSnap, with a few differences. Coupon Sherpa provides its users with coupon organization and a grocery coupon feature, while SnipSnap has neither. Nevertheless, these features are overshadowed by Coupon Sherpa’s shortage of coupon options, which is due to it lacking the snip feature that SnipSnap possesses. Still, Coupon Sherpa provides Android users with an easy-to-use interface that gives them in-store savings opportunities.

 

Grocery IQ

Looking for a grocery shopping app that is both organized and loaded with savings opportunities? Grocery IQ is the answer. It not only enables users to create grocery lists that are organized by category, but also allows them to save money through its coupon feature, powered by Coupons.com. When users begin typing an item to add to their list, coupons that match their query show up automatically; they can then save coupons digitally or print them out. Saving them digitally, however, is the best part about Grocery IQ. When users set up an account, they have the option to add their store rewards cards to it, thus enabling them to add coupons they want to their grocery store rewards cards. Then, all they have to do is click “add to card” and when checking out, for example, users swipe the rewards card and all of the coupons they’ve added to it are applied towards their purchase.

 

Saving Star

SavingStar is a unique coupon app. Users create an account, digitally store their rewards cards, such as CVS, and then add coupons for their favorite stores to their SavingStar account; these coupons are automatically applied to users’ appropriate rewards cards. When they check out at a participating store, they save money by using their rewards cards, though the savings are not seen immediately. Instead, the monetary value of their savings are added to their SavingStar account within 30 days, at which time users can opt to transfer their coupon savings to a bank account, PayPal account, an Amazon gift card, or to the non-profit American Forests.

 

Tabbedout

The primary purpose of Tabbedout is to avoid the annoying process of paying your tab at a jam-packed bar. Through the app, users simply add their credit card, check into a bar, and pay their tab when they wish to leave; the entire process is paperless and hassle-free. “Tabbedout’s system seems incredibly well thought out and the company seems to be pretty aggressive about getting its systems in place nationwide, which could make a staple option of the mobile payments,” says Ryan Faas of CultOfMac.com.

If you’re a coupon clipper and you own a smartphone, these free apps will provide ample savings for you and your family.

 

Article Source: Consumer Media network