Information about Emergency Funds

Information about Emergency Funds

Living on a low budget.

Really, it’s not always easy to turn around every penny. You get tired of it if you always have to say no and can’t do anything. You feel that it will not end and you will always have to live like that. And if you just keep hoping that there will be more work, more income and more freedom and it will never come, it would make you moody and depressed.

But I’m convinced that everything stops once, that this also passes and you can close this period. But until that time you have to keep your head above water and ensure that you don’t go under it.

The first step:

An Emergency Fund

Although it’s not easy to save money when you live on a low income, it’s still very important to start saving for your emergency fund.

Information about Emergency Funds

I think it’s very important to have an emergency fund. The percentage that doesn’t have an emergency fund is about only 26 – 30%. They get in trouble when they need money fast. Only 40% of families have enough in savings to cover three months of expenses, with an even lower percentage having the usually recommended six months worth of savings. These are frightening numbers, as having an emergency fund can greatly help a person get through tough parts in life.

I’m always glad that I make sure that there is enough money for me when my car is broke, I have to go to the vet with my dogs or another emergency. Without this emergency fund I would really be in big trouble.

Why an emergency fund?

There are many reasons why you should have an emergency fund.

  • If you lose your job an emergency fund can help you get through the first time you are without your job. It can happen to everyone, don’t think it would not happen to you. Just be prepared if it does happens.
  • Do you have a great health insurance or not? If you don’t having an emergency fund is very wise.
  • Do you have a car? What if something is broken? Do you have the money to pay the garage? Save money in your emergency fund for your car. Do you have money for another car when your car is broke and can not be fixed anymore?
  • Do you have a own home? What if you have an unexpected home repair? Your emergency fund can help you with this.
  • Do you have pets? What if you need to go to the vet. The bills are mostly very expensive. Another reason for you to make an emergency fund.

If you read this reasons why you should have an emergency fund you probably know that it’s good to have one. It will give you peace of mind knowing that you can afford this unexpected costs.

There was a time when I didn’t have an emergency fund. I couldn’t sleep of the stress it gave me not having money for emergencies. I was always afraid that something would happen and I didn’t have the money to fix it.

For me that’s the main reason why I have an emergency fund and why I believe you should have one too.

It’s time you are going to worry about other things then financial problems.

An emergency fund is also wise to have because it can help prevent unnecessary debt. There are too many people out there who count on their credit cards as their emergency fund and that is not a good idea. It can lead to debt spiraling out of control because of high interest rates.

Below is what you need to know about emergency funds for when you need money fast.

Should you have an emergency fund if you are in debt?

Yes, you do! You should have an emergency fund even if you have debt. If you have debt, then the usual recommended amount is to have $1,000 in your emergency fund before you start paying down your debt.

After that amount, you need to determine what you are comfortable with.

Most people will think that you start with paying of debt first, but how are you going to pay the vet, the car repair or another emergency. Right! You are going to make more debts and that’s the one thing we don’t want anymore.  You will have the feeling that you will never go out of debt this way.

How much money for the emergency fund?

How much money is up to you. If you don’t have a car, no pets and your rent your home then you need less. If you do have those things you need more in your emergency fund.

Do you have debts? Then you save $1000 and then you start with paying of debts. If you don’t have debt, then I usually recommend at least three to six months of expenses.

If you are self employed you need to think about what you need if business is going down.

How can I save enough money to fully fund my emergency fund?

After reading all of the above, I bet you cannot wait to start your emergency fund.

It may be hard in the beginning to start saving for your emergency fund, but everyone has to start somewhere and it’s always best to be prepared for when you need money fast. You can save money for your emergency fund by setting out a certain amount out of each paycheck, or you can work towards making extra money so that you can build up your emergency fund even quicker.

Emergency Funds
10 Ways to Save Money every Month.

10 Ways to Save Money every Month.

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Budget – Saving money

Budgeting the terrible B word. Unfortunately, budgeting still has a negative impact on many people, but actually it is nothing more than making a plan for your money.

Budgeting means that you are going to spend your money in a targeted way, actually organizing, for the rest of the month.

People often think that if they are going to budget, they can no longer do anything or they are afraid of what they will encounter when they start budgeting.

Not budgeting is basically sticking your head in the sand (Dutch expression, but you know what I mean right?).

10 Ways to Save Money every Month.

Do you want to save more money?

Of course you do!!!

I get it 😉

We all want to save money from time to time, but what if you want to save more money. And each month?

Well, don’t worry, I have a few ways of saving money every month.

You don’t have to do them all, but just with a few. Are they going well than you put another one to your savingslist.

Some ways of spending money go automatically. It’s time to look at your spendinglist.

With these ideas you can save more money than you would now that you could.

Are you thinking about what you’re gonna do with that saved money?? Yes, you were, weren’t you?

I get that, I was dreaming of a nice holiday too 🙂

But it’s more important to think about what you can do with it as you look at your financial situation. Are you in debt? That’s a good goal for your saved money. Or put away money for later, for education for your kids or are you making a buffer for if something unexpected could happen, like your car needs a reparation or the washing machine is broke.

All great reasons to start saving money that you spend every month which is not necessary.

Are you ready for it? 

Let’s start with my 10 tips for you.

 

Get rid of the cable.

It sounds like something you might not think about that easily. After all, we grew up with television and the radio, telephone, Netflix and internet are indispensable in our daily lives. Look what you have left if you were to dispose of the cable, for example. No television is often unthinkable, but you still have enough to be busy with.

Also realize, although it seems normal, that it is actually just a luxury. You can also choose to dispose of Netflix. It seems small amounts, but with all the savings together it’s a nice amount that you save. Especially in the summer you will not miss it.

Cancel insurances and be over-insured.

When I bought another bike a few years ago, before I knew it I had an extra bike insurance policy in the bike shop.

Recognizable?     Surely..

And this is just an example. Also think of glasses, expensive jewelry, cars and so on. Every company tries to sell you an insurance policy with the thought and conviction that you need it. Yes, of course, you do not want it to be stolen and you are not insured. But is that really so?

Are you not insured if you do not take out insurance with the bicycle?

Probably, because the general insurance policies such as third-party liability, household effects do cover this.

In the store they only talk, in this case, about a bicycle and all that can happen with it and you think: I have no bicycle insurance. Before you know it you have gone through a stag and you are a few tens lighter again. And the following year the bill is on the doormat for the following year. Cash register for the retailer who cooperates with an insurance company or adviser.

Because you don’t have separate insurance does not mean that you are not insured. Take a good look at what you are all insured for and what falls under it.

Also check if you are not over-insured. This means that the amount you are insured for is higher than the value of what is insured. You only pay more premium here and that is really not necessary

Stop smoking and avoid sugar.

With these two savings you can really save a lot of money. Not only better for health, but certainly also for the wallet. What you pay for a pack of cigarettes these days is no longer funny anymore. Count up for a month how much smoking costs you. That really scares you. A good reason to stop.

If you don’t smoke, but if you have a sugar addiction, you can certainly save money on this. I know from my own experience that stopping sugars is really not easy, but you really feel a lot better than if you keep eating all those sugars. Saving on sugar is really worth it. Just count what you eat away in a week or month.

Find an affordable phone.

Many people really pay too much for their cell phone and subscription. It really pays to look at this before you sign up for a new subscription.

Fun for free.

Do you think that everything you want to do in your free time costs money? You don’t have to.

Try to think creatively and try together, with friends and family, to come up with something that you can do together and that costs as little money as possible.

Someone told me what she and her boyfriend were doing and what it cost. They had a decent amount available every month for eating out, taking a drink, a weekend away and so on. Life is to be enjoyed, they said. That is of course true, but not at the expense of everything. They appeared to have more than € 35,000 in debts, while spending hundreds of euros each month on luxury and relaxation. This is really not possible! The worst thing I think is that they reacted very laconically, shrugged their shoulders and said it would be okay. Like how are you gonna be okay than? I wonder…

But try to find things that are free or cheap and you can do that with your friends. You will come up with some nice things.

Stop your sports subscription and save a few tens a month.

There are so many options for sports indoors and outdoors. Although it’s an advantage for many people to pay for sports (otherwise they do not exercise, they say), it’s a considerable expense that comes back every month.

No more buying water bottles.

I must honestly say that I was also guilty of it and occasionally buy a bottle of water. Still, I now have a plastic bottle that I constantly refill. Of course I don’t have to explain to you that it’s a good reason for both the environment and your budget to stop. And be honest, this saving isn’t that difficult, is it?

You can also purchase a water filter jug. You can purify water through the exchangeable filter. This means there is less lime in the water that you drink. This also costs money, but is still better than all those plastic bottles.

Meal planning

Planning meals is something that can change your life. It certainly did that to me. You eat healthier, you throw away less food and you save a lot of money. Especially when you look at how much food is actually thrown away. This is really insane!

You may have to get used to in the beginning and making your menu your own takes a little time. But it’s really worth it. You schedule the meals for the entire week and do groceries twice a week, for example. With a shopping card in your pocket, you naturally prevent that you throw too many unnecessary things into the shopping cart.

Do not throw away leftovers, but plan a day in the week in which you eat leftovers. Sometimes very strange combinations come out of this, but this is also fun. You can always supplement the meal with soup or bread.

Dining out.

Do you eat out regularly? Then you can save a lot on this. Make a menu plan as I indicated at the previous point and make sure you have enough supplies to cook. Plan the groceries and avoid being tempted to eat out or have something delivered.

Drive a cheaper car.

People often only look at the purchase price of a car, but for the sake of convenience forget to take a look at the monthly costs involved.

Road tax, car insurance, MOT, fuel and repairs are costs that can add up nicely.

It is certainly worthwhile to look for another car that is cheaper in monthly costs than the one you are driving now. Often people only look at the value of the car, but you will not make it with that.

These were a few ideas that you can use to save money.

Just try them out and see how it goes.

Often it’s not too bad and it’s not as difficult as it seems.

Budgeting with Cash Envelopes will help you get on track with your money.

I have 15 practical budgettips for you.

Fruity Cash Envelopes.

When I started my Cash Envelope adventure I notice that it makes me happy when I used the different cash envelopes with patterns instead of simple, boring cash envelopes.

So because you are starting your Cash Envelope Adventure now you get these fruity ones for free.

You can download them, print them and get some scissors.

I know, my creative mind is always running. So there will be some awesome ones in the future too. Just check the website now and then!

You can download them here, you don’t have to sign in:

Fruity Cash Envelopes.

15 Practical Budget Tips

15 Practical Budget Tips

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Budgeting the terrible B word. Unfortunately, budgeting still has a negative impact on many people, but actually it is nothing more than making a plan for your money.

Budgeting means that you are going to spend your money in a targeted way, actually organizing, for the rest of the month.

People often think that if they are going to budget, they can no longer do anything or they are afraid of what they will encounter when they start budgeting.

Not budgeting is basically sticking your head in the sand (Dutch expression, but you know what I mean right?).

15 Practical Budget Tips

If you don’t look at it then it’s not there. This way you only get into financial problems instead of ensuring that you keep your finances in order.

In fact, with a budget you can do the things that you like, because you are going to reserve money for that. That is budgeting.

A budget does not limit your freedom, but it gives you freedom! The point is that you consciously give your money a purpose.

How can budgeting help you?

A budget gives you a clear picture of where your money goes every month and you make an action plan so that you can determine where it goes. You are in control.

By budgeting you can achieve your goals. It doesn’t matter what your goal is. Whether that is paying off debts, saving for your pension, or wanting to build up an emergency fund for unexpected expenses doesn’t matter.

The moment you have done planning your own budget, you can even find more options to spend money on. The moment you reserve money for something for yourself, you can also spend it without feeling guilty. Many people have retained extra money even after they have started budgeting instead of being short of it before. How wonderful is that?

Are you ready for it? Here they come!

1. Budget to zero (before the new month starts)

This means that, before the new month starts, you will make a plan for every dollar or euro that comes in to your bank account. You start with zero and you distribute all your income for that month over the coming month. At the end of the month your bank account will be zero again. This is how you made a destination for every dollar or euro. This does not mean that you have to spend every dollar/euro, right 😉

2. Do the budgeting together.

If you are married or living together, it’s important to sit down and get your noses in the same direction when it comes to money. It doesn’t matter how you divide the money, as long as you agree together. It’s better to argue about it at the start than to dissolve later due to misunderstanding or disagreement. That’s not worth it. If you are single, it’s good to talk to a friend about it. Ask if they can help and support you in achieving your goals.

3. Every month is different.

One month you have to buy school supplies for your child (ren), the other month it’s a defect on the car and in December (yes every year again) it’s Christmas. You will have to make a budget for the entire year to cover these costs. You know that the children go to school again in September and that this entails costs. Be prepared for this. Don’t be surprised and make sure you reserve a monthly amount for every occasion. So you can save all year for Christmas, birthdays, school, vacation or car. Set a fixed amount each month so that you will not be surprised. Create separate savings accounts for this or use the cash envelope system for this.

4. Start with the important categories first.

You first plan the fixed costs such as the rent or mortgage, the energybill, health insurance, insurances and the other ones that you must pay foreach month first. These amounts come back every month and are often the same.

Then you look at what’s left over and then you make an order of importance. The groceries and the saving funds, and only then the luxury things such as clothing, eating out and other things you want to spend money on (if there is a budget for that).

5. Pay off debts.

If you have debts, it’s one of the most important expenses that you are planning and that is paying off. By using the snowball method you ensure that you have repaid the debts as quickly as possible. The snowball method is also described in the Total Money Makeover from Dave Ramsey.

Really attack your debts, you want to get rid of this as quickly as possible, so instead of reserving money for things like clothing or other things that you don’t really need, first make the debts your priority.

6. Don’t be afraid to cut back on your budget.

Brace yourself!

It might be time to cut back. If you have to start living on a tight budget, it’s handy to use some cuts. Maybe not always nice, but it is good for later. Then you will benefit again, just think.

Decrease luxury, unnecessary things such as eating out, clothing, sports, cable television or netflix. Go to a cheaper supermarket and say no more often. You can add these things to your budget later if you get more space in your budget.

7. Make a plan and stick to it.

Make sure you know on what date certain costs will be collected in your bank account. Know when the rent or mortgage and other fixed costs will be deducted. You can often also select the date yourself, so that it’s collected when you want.

In addition, you can make a plan for the rest of the month for your other categories yourself. For example, do groceries twice a week and reserve a certain amount for this. You can also do this very well with the cash envelope system. By knowing what is coming you reduce the stress for yourself, because you know that it’s well organized in the way that you put it away for yourself. So make sure your schedule is correct.

8. Make it a team sport.

If you are married or living together, it’s important to regularly talk about the budget. Determine together where the money goes. Schedule an evening together every month and sit down. Then you won’t have to worry about it for the rest of the month.

Make sure that it’s not an evening that you are going to look up to. Makes it cozy by adding something tasty for example.

Look ahead, but certainly also look at the past month. How did it go? Have we come out well? Where did it go wrong and how can we prevent it the next month? Do we have to adjust amounts up or down?

See it together as a challenge to create a great plan together. Make common goals that make you happy. Come up with a nice goal like a vacation. The moment you start saving for that, you are both motivated to spend as little as possible on groceries and other extra expenses. You will see that it really works that way and that you have achieved your goal earlier than without these budget meetings.

9. Provide a buffer.

Set aside a small amount every month for unexpected expenses. Make this a separate category. A refrigerator or washing machine that breaks or an unexpected car repair are annoying things that suddenly come around the corner.

Step 1 of the seven steps to financial freedom is making an emergency fund of $1000,-/€1000,-. It doesn’t necessarily have to be that much, but it is important to ensure that you have money in hand for unexpected costs.

10. Cut your credit card in half.

If you are really determined to do this right thing, you are going to stick to your budget and make sure you no longer have any debts, then you must now cut your credit card in half forever.

Stop using them. Cut them in half or return them to the bank.

You reduce stress and worry when you no longer have them. It’s the means to get into debt easily and you really want to prevent that.

You only need your bank card. You can pay with money that you just have in the bank at that time. If you think disposing is too big a step for whatever reason, give it to someone who can save it for you.

11. Use the cash envelope system for variable expenses.

If you regularly spend too much money on, for example, groceries, it’s handy to work with the cash envelope system.

Go to the bank every month and withdraw the amount of money that you have reserved for this category in cash. Divide the money you need per week into separate envelopes or calculate what each week can take out of the envelope for the groceries. Do this also with other categories that you will find under the variable expenses.

This way you keep a close eye on the amount and if the envelope is empty, you have nothing left to spend on it for the rest of the month. That way you keep a grip on your budget.

12. Try an app or online cash book.

If pen and paper is not your thing then you can keep track of your budget with a budget app or an online tool. You can then easily determine your budget and place it in the categories.

13. Stop comparing.

Do not compare your situation with that of another. It doesn’t motivates you and by focusing on your own budget you will see that you will achieve more results than when you’re only concerned with what other people are doing.

See what is good for you and your family.

14. Set goals.

The moment you are in the process of paying off debts, building up an emergency fund or paying off your mortgage, don’t forget what you are doing it for. Focus on your why! What is the reason that you make these sacrifices.

Make these goals visible to yourself and keep in mind that in addition to these goals you can also have beautiful personal goals, such as a holiday or a car.

15. Give yourself permission to make mistakes and give yourself a compliment.

It often takes a few months before you get the hang of budgeting. It really won’t go perfect right from the start and that’s okay. It really doesn’t matter if you have not been able to stick to your budget plan.

See where things went wrong, search for a solution for the coming month and continue. Don’t look back, but look ahead. By trial and error you learn to deal with it and you start to achieve results. By not doing anything you will not get ahead. And you really get there this way.

So certainly also look at what went well and reward yourself for that!

Fruity Cash Envelopes.

When I started my Cash Envelope adventure I notice that it makes me happy when I used the different cash envelopes with patterns instead of simple, boring cash envelopes.

So because you are starting your Cash Envelope Adventure now you get these fruity ones for free.

You can download them, print them and get some scissors.

I know, my creative mind is always running. So there will be some awesome ones in the future too. Just check the website now and then!

You can download them here, you don’t have to sign in:

Fruity Cash Envelopes.

Summer savings: 6 Tips to keep your budget running out this summer.

Summer savings: 6 Tips to keep your budget running out this summer.

Is your fun summer an attack on your budget?

Are the costs for the holiday too high?

Have the days turned out higher than you wanted?

Are you shocked by the fuel costs that are also added?

Throughout the year you save for various goals that come back every year and therefore also for the holidays.

This already covers some of these costs if you stick to your budget.

Summer savings: 6 Tips to keep your budget running out this summer.

Especially in the summer it is important that you stick to your own budget plan and do not exceed it.

Especially in this it is good to keep your finances under control. While the summer vacation is a perfect time to go on vacation, you will still have to wonder whether this summer vacation is not too much on your budget.

It is therefore important to express your sense of responsibility. But don’t panic right now. There are really some options to ensure that you save enough for the summer holidays and that you can still have a holiday without any worries.

I get it, you look forward to summer all year round and then suddenly you can’t do much because of the money. Always the money that keeps you back. But since you have your own budget plan no more.

You are already looking forward to it. The cozy barbeques, to the pool or the beach and preferably also on vacation. You don’t want to miss it, but you’re also worried about the money. Logical, because it all costs enough. You don’t want to say no to everything and also join in the fun with friends and family.

Now I would like to tell you that you can do anything. Great with friends to the beach, with your kids on vacation, that family barbeque and so on, but I also want to stay realistic. And you should be too. Especially when it comes to your budget. If you don’t have the budget for all these things that are planned, you will have to cut costs or cancel.

You can certainly have a nice summer if you make sure you can lower the costs. How do you wonder now? I’m going to tell you that. You can keep doing fun things without spending money you don’t have.

First, you are going to split things up. You make a list of things you want and a list of things that are needed. The wants and the needs. Of course you want to go to Disneyland with your family or you want to go on holiday, but you don’t really need it. If you are unsure whether something is needed or if you can do it without it, just ask me. I give you the right answer, but if you like it I cannot guarantee you (probably not).

The fun news is that summer is a perfect time to save. You don’t have to spend that much at all. You do not need heavy meals, you can go shopping on foot or by bike when the weather is nice (saves fuel) and there are more outdoor activities that are free.

So bring on those summer savings.

Before you start saving this summer.

First check with yourself whether you have good insight into your finances.

Do you have a budget?

How’s your budget going?

Are you happy with your budget every month?

It’s important to have this in order otherwise you cannot take the following steps. I may keep hitting it too much, but a budget for yourself is the basis for everything. You must have your budget under control or you cannot take steps. Your budget is your support and if you have this in order then you can focus on the next steps and goals.

Start at home with the summer savings.

1. Embrace the summer meals.

Like I said, many people eat light meals in summer. The stews are behind us and we really don’t need a heavy meal now. Take advantage of this.

However, in the hot summer we often do not feel like cooking and before you know it you end up in a restaurant or at the takeaway. Prevent this by planning simple meals in advance.

Keep it simple and make sure you give in as little as possible. By choosing simple meals you do not have to stand in the kitchen for so long and you are ready for a good meal.

2. Take small steps to save at home.

In the winter it makes sense to save on the thermostat. You can switch it off earlier in the evening or put it a little lower and put on an extra vest and socks.

In the summer you can also save at home. Open windows and doors together, especially at night to air out the house and lower the temperature. A fan is of course nice, but also eats a lot of power. This prevents it from running all day. In addition, the device itself also heats up around the fan.

Just before the summer, defrost the freezer again. In the summer we make more use of the freezer, because we eat ice cream, ice cubes and easy frozen meals. Make sure there is not much ice in the freezer, this saves energy costs.

We often use less light in the summer, so that saving is not so difficult for us. Still a nice bonus.

3. Stop subscription cable and Netflix 

In the summer we watch much less television. After all, there is much more to do outside. Stop the subscriptions you have and see what you save in these months. Of course it is true that if you come back inside after the summer that you want to watch more and that you have to pay connection costs. But calculate what you ultimately save if you do not have the subscription costs for a few months and then pay the connection costs when you re-apply for the subscription. It’s much cheaper if you stop it for a while. You can of course also only stop Netflix for example and that you still keep the cable. You don’t have to have everything shut down right away, but if you already do one, you already have your advantage.

4. Continue sports subscription.

Are you often in the gym in the summer? Most people don’t, but they do pay for it. Subsequently, take a six-month subscription in the winter and stop in the summer.

In the summer you can run, walk, swim and many activities are organized in which you can participate.

5. Sell stuff

In the summer it is easiest to sell your belongings. There are many flea markets and street fairs where you can get rid of your belongings.

In summer, people go to a flea market faster than in winter. Get started and earn an extra cent for the summer.

6. Schedule dates (for yourself and the children)

Take advantage of summer and meet friends. Organize a barbecue together and all bring something. This way you keep the costs low for everyone and you can have fun with friends. Take care of each other’s children so you can all schedule time for yourself.

Help each other, this saves babysitting costs. This is certainly a good way for single moms to schedule time for themselves. Mothers help each other in this way and it prevents you from becoming socially isolated.

Also ideal in the summer is of course the children’s playground, free of charge and you meet other parents.

20 Tips for Grocery Shopping.

20 Tips for Grocery Shopping.

Do cheap grocery shopping. We all want that, but this is not always easy.

Do you sometimes feel that all your money is spent on food? People spend a lot of money on groceries and eating out. The moment you have to turn every dime you can’t help but cut back on this. But how do you best handle this.

It is not only more conscious shopping, but also making changes to your daily routine. We had the pizza delivery boy deliver regularly and often went to the snack bar. I found it very pleasant to go have lunch with friends and then go shopping. That is double wrong for your budget.

By implementing a few of the tips below in our daily pattern, I managed to save a lot on groceries. The routine is now so integrated with us, that I don’t even have to think about it anymore. The change of supermarket alone saves us a few tens a week!

Do you also want to know how you can change your purchasing behavior and save on your shopping budget? Here are a lot of tips for you.

So let’s start with my 20 tips for you. 

1. Create a weekly schedule menu. By making a plan you have a hold, do not deviate from this. Plan healthy meals and write down how much you need for your breakfast, lunch and snacks. This prevents that you don’t have enough at home and then goes out to dinner or have something delivered.

2. Make sure you have enough stock for when the day runs differently than planned. Think of macaroni, box of herbs / sauce, canned tomatoes and a can of smac or cans of soup. It is always handy to have a stock so that you can still prepare something.

3. Make a shopping list based on your weekly schedule and stick to it. And determine in advance how much you will bring in sweets or cookies. We often take too much with us and it is quickly spilled up. My son can eat cake or biscuits all day, so at one point I said that I brought two packs of biscuits and one pack extra for the weekend and that’s it. He had to do it with this. In the beginning the biscuits where finished after two days, now he doesn’t eat the can in one go. Just continue, but it pays.

4. If you have a busy schedule, make sure you have easy, fast meals on your schedule. Here on the blog follow recipes for quick, cheap meals.

5. Spit through the brochures every week. See which vegetables are on sale, for example, and make good use of them. But watch out, because now do not put all the tasty things that you encounter on your list. You don’t have to buy what you don’t need. It may then be on sale, but it is not free. All together added up can then again become an account. Supermarkets try to make the offers so attractive that you give way to this. Stay aware!

6. Know what your basic prices are. If you know what you normally have lost for the basic messages, then you can compile roughly your budget. Stay aware of your minimal loss.

7. Buy a freezer if you don’t have one yet. If the meat is on sale, buy something extra and freeze it. With me there are also many containers with, for example, ready-made macaroni in the freezer. It is difficult to cook macaroni for two plates. Then I make a whole pan and freeze portions. When I have an evening shift, I get a portion from the freezer for my son. He only needs to heat it up in the microwave and then he also has a healthy meal.

8. Try home-made snacks. This is much cheaper than buying ready-made. For example, bake off croissants, hot dog sandwich, hamburger sandwich and bake apple flaps yourself. For the money from one apple flap at the bakery, you make four yourself. That is quickly earned.

9. When making your shopping list, pay attention to which products you choose. If there is a brand in the brochure on offer, it is often even more expensive than the private brand. Have you done smart shopping? So no. Don’t fall for all those brands, a lot of A-brands come from the same factory as the cheaper private brands. Give it a try. Of course I also have a number of products that I really only want from a certain brand, because if something is cheap and I really don’t like it, it is also a waste of money. Take a look at the store and find the cheaper products, these deliberately place the supermarkets lower on the shelves. People quickly grab something that is seen at eye level.

10. This tip really works. Don’t go shopping with a feeling of hunger. I really catch myself when I have to eat that I throw more in the shopping cart. You have an appetite for everything and the temptation is great.

11. Compare prices from various supermarkets. Ok, if I go to a cheaper supermarket it may not be all neatly on the shelves, but I don’t pay for that either. After all, I pay for the products. I first went to a more expensive supermarket, a nice store, but now I certainly lose € 30 per week less. That is more than € 120 per month. That ticks nicely.

12. Think ahead. If you have a birthday to celebrate next month and now certain drinks are on sale, take them with you. Next month you pay the full pound again.

13. Check regularly whether your budget that you reserve for the groceries is real. Are you really short or you have left, adjust it in your budget.

14. Grab a bike more often or go for a walk. By collecting small amounts more often on the bike instead of many bags at the same time as the car, you save on fuel. however, pay attention, because shopping more often can be a pitfall for some. You will often be tempted to buy tasty things that you do not need.

15. If you have a certain budget in mind and do not want to give up, take this amount in cash. You will be less tempted to take more with you if you do not have the ability to pin.

16.Do not buy pre-cut vegetables, these are much more expensive than the vegetables that you still have to cut yourself. You pay for convenience for that. Quickly deserves it.

17. Don’t go out too often for lunch or buy lunch at work or school. This costs more than you lubricate yourself at home and take with you. If you buy your lunch every day, that’s a good amount every month. Just work it out for yourself.

18. If you cannot make ends meet with your budget, check whether you are eligible for the food bank. Please don’t be embarrassed, the food bank is not for nothing and you are certainly not the only one. It is better to put your pride aside for a moment than to have red numbers on your bank account.

19. Remember that eating out costs a lot of money if you do this regularly. it is easy and cozy, but it is and remains a luxury. Especially if you have to live on a limited budget.

20. Every supermarket does have regular savings campaigns and / or purchase stamps. Take a good look at whether this is cost-effective and whether you first have too many costs. If I don’t have a large amount of groceries, I sometimes buy points of sale. I save this and last Christmas I could do Christmas shopping for the Christmas dinner. At Christmas you spend a little more on groceries and that only cost me my points of sale at that time. It is of course your own money, but I did not feel it in my bank account at that time. Still good food! Now I am saving for a delicious barbecue this summer.

They’re many tips, I know. But I still wanted to give you a good list. Don’t make it too difficult for yourself and just start with a few tips at a time. If you find that you can really save a lot of money, it becomes a challenge to move on.  

Good luck!

7 Tips to prevent impulse purchases.

7 Tips to prevent impulse purchases.

Do you also know that you went shopping and came home with more than you intended?

Fortunately I don’t have that often, because I learned to deal with it in lean times.

But I also have it sometimes, but then I still don’t buy something that I cannot pay.

But it can be something that is often not that expensive, but would not have been necessary. That’s a pitfall for many.

It’s not that expensive …

It only cost a few euros …

Oh well it’s only a dozen …

I often hear these comments around me and people aren’t aware that it’s precisely the expenses that you can ultimately save a lot of money.

How I feel again when I come home with something when I actually didn’t intend to buy it.

The best way to keep your money in your pocket is to stay at home. As soon as I leave the house it costs money. At least if I don’t really tell myself that I can’t / cannot buy anything.

My pitfall really is the fact that I simply didn’t think about it. I see something nice or what I think I need and I just buy it. Of course I don’t buy anything I can’t afford, but the small amounts I’m talking about. And because they are small, you tend to think about it easily. On the contrary, I often try to explain to others that every euro/dollar is one. If you give out a few, then there are a few again. It’s that simple. And if you don’t have it, you can’t spend it either. Often you think that few euros/dollars doesn’t matter, but it makes the difference.

So let’s start with my 7 tips for you.

How do you avoid impulse purchases?

1. Know how much you have to spend on groceries and how much for the extra things you don’t need every time.

2. Determine in advance which stores you enter and what you need there.

3. If necessary, pin a fixed amount for the groceries every week and you have to do it with it.

4. Keep a cash book and see where your money goes.

5. Don’t leave the house for one or two groceries, save them so that it’s worth doing your groceries. If you only need a few things, you are quickly inclined to throw more in your shopping basket.

6. If you really can’t afford to spend a little extra, avoid the “cheap”, fun shops. I don’t put cheap in quotation marks for nothing. It all seems so cheap and it is, but as soon as you get to the cash register you often get scared because you take more than you intended. And most of the time the things you bought are nice, but not necessary.

7. STAY AT HOME!!! When I was really in the least period I literally stayed home. I did the shopping at the supermarket and nothing else. I didn’t look for any stores, didn’t buy any clothes, didn’t go to the market and certainly didn’t go shopping with friends. This really saved me in that time. It’s not fun and certainly often frustrating, but it has certainly kept me out of trouble.

EXTRA TIP:

Stay away from the internet shops! Just go on the internet for producing, not for consuming.

It sounds very simple on the one hand and very difficult on the other, but it’s the biggest pitfall for people who cannot make ends meet with their budget. Too much is spent on unnecessary impulse purchases. Apart from that, people are not aware of how much is being spent on this, because as soon as they add up the figures, they are generally shocked.

Do you know how much you spend on individual purchases outside of groceries?  Just count them from the last month and you will see that you can really do something about this.

GOOD LUCK!

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