2020 Updates on Ways I am Saving Money

 

As a single mom of two I have to work hard to save money in every aspect of my life. I do everything to either earn extra money or save money when I can. I even pick up change off of the street when I find it. In 2020 I have had a couple of different avenues of saving money. I have not been able to do the typical avenue of clipping coupons when grocery shopping, due to COVID, so I have educated myself on financial sites for saving money. I want to share how you can invest money, buy bonds, or use a couple of apps that I recommend to help you save hundreds a year. Possibly even more once you learn different sites that work with your finances.

Stash is not necessarily a way of saving money on purchase but it is a great way to start investing. In 2020 I have made great strides to financial freedom using the Stash app for stock trading. I have made approximately $500 this year on stocks I have sold, that is not including money that I have gained that is still invested. 

Worthy Bonds is another way to invest in Bonds with a small $5 investment. I tested the site out and have learned that is is a very trustworthy site, and I am making interest daily. The interest on the Bonds is 5% and you do not lose money when the stocks plummet like they have this year. I am currently making about .45 a day in interest. No do not get me wrong, I have worked up to that over the last few months, and invested a couple of grand. But I am happy with a return on a daily basis and I can remove the money at any point. If I stuck with just what I currently have in Worthy Bonds I would make about $165 a year without doing anything. I would not stop investing on the site, I put in a steady $10 a week and even more when I can. As a single mom, those small amounts of savings makes a world of difference. 

Ibotta is a great money saving app for grocery purchase, traveling, online shopping and more.  For my Walmart pickups I have the apps connected to each other so all I have to do is pick offers from Ibotta then purchase them for my Walmart pickups. My cash back is simply added to my account. In 2020 I have saved more than $100 on my everyday purchases. 

Receiptpal is a slow earner for me but the process of earning points is very simple. You take a picture of any paper receipt you have or connect your email to the app so that any receipt you receive through your email will help you collect points. In 2020 I have earned about $50 in Amazon gift cards by simply submitting receipts. 

Inboxdollars has been a go to money saving and earning site for me since 2008. I love the site and stand by it 100%. I have heard from people that it seems like it would take forever to reach the $30 payout, but it doesn't. I have actually reached the payout three times in 2020. With a total savings/earnings of about $100. That is quite a bit of money for doing simple things like reading emails and taking surveys. I do not do a lot of the offers that pay higher, but there is a very huge opportunity to earn quite a bit more on Inboxdollars that I do.

By using these several methods I have made or saved about $1000 in 2020. Even though I have only been using Worthy Bonds for a few months. The key to success when saving money is to diversify the ways you save. Use sites to your benefit. Read into different methods of saving money or making money by using simple methods. I work 60 hours a week, and use all of these sites to help maximize my earnings. Please share genuine ways that you have to save money or ask any questions that you would like. I believe that we should all help each other, especially the way the world currently is. In 2020 there has been so much hatred towards everyone. Take simple things like this and lets help brighten each others days. Stay Blessed and Keep Saving!

Love Nona

How to Feed a large Family on a Budget

Feeding a large family can be a task in itself, but it is even harder when you have to feed a large family on a budget. There are a lot of ways for you to cut your grocery bill, and save money. Here are a few things that you can do to feed a large family on a budget.

Begin by clipping coupons, or take advantage of online sites that offer coupons. You can use these coupons to receive merchandise for a big savings, or even at times free. You can save even more if you shop at grocery stores that offer to double or triple your coupons. Coupons have been a very big part to help feed my family on a budget.

Look at all sales papers from your local supermarkets and compare them to the coupons that you have. You want to make use of the coupons and sales papers so you can make the most of your grocery money. Now they have Apps for all of the Grocery stores, and I love an app called Ibotta. They reimburse you for certain items you buy in stores or online. It has saved me the most money in the last couple of months than any other one thing.

Start shopping late at night or early in the morning so you can catch the discounted meats. Meat tends to be one of the larges expenses for any large family on a budget, and there is ways to save. When you shop at night or in the morning you are more likely to find the meat at discounted prices. You can also ask your grocer when they reduce the meat so you can catch the best prices.

Start preparing your food from scratch, and prepare in large portions. Most of the pre made items that you purchase cost quite a bit more than preparing your food from scratch. Preparing food from scratch is actually much easier than most people think, and it helps when you are trying to feed a large family on a budget.

Learn to make use of all of your leftovers so you can feed your large family on a budget. Most of the money lost on groceries is due to the fact that most people do not use there leftovers. You can plan your meals around the leftovers; learn recipes to use with your leftovers, or even plan one day a week to have just leftovers.

Buy non perishable items in bulk if they are at a good price, and if you have the money. Before you make a purchase you should always make sure it is something that you will use, not something that you may use. I have helped someone clean out there pantry before only to find that most of the bulk items were expired. That means that she actually wasted quite a bit of money on items that she never used. That defeats the purpose, and will not help you feed your large family on a budget.

Read my Ebook Couponing for the Busy Mom to learn to save more money when shopping.

Save Money on Groceries

Saving money is a big thing for most families in today’s economy. Groceries tend to be one of our biggest expenses, and saving money on groceries can make a big difference in our family’s budget. There are some very simple things that anyone can do to save money when grocery shopping.

Begin by keeping a regular inventory of your grocery items. This will prevent you from purchasing items that you do not need. It will also help you use the groceries that you purchase without wasting.

Start to plan out your family meals for the week, or even longer. Planning your meals will give you a better idea on what items you will need to purchase at the grocery store.

Keep a running grocery list where your family can all use it. This will help you remember items that others need, and will prevent you from purchasing groceries that you do not.

Clip coupons and use online coupons. Some people believe that this is too much trouble, but it can save you a lot of money when grocery shopping. I have learned one of my favorite and most lucrative apps for saving money is Ibotta. I have received over $60 in the last month and a half from using this app.

Compare prices at different grocery stores before you shop to see which one has more of the items you need on sale.

Always eat before you go shopping. You tend to purchase more groceries if you are hungry.

Avoid quick buys at the grocery store. Quick buys are items that are in convenient locations such as eye level, end caps, and center product displays.

Always walk every isle to find the best prices, and remember to look up and down. The least expensive items are usually not in your direct eye sight.