Leran To Save On A Vacation


So, finally you are heading for a family vacation. You must have saved some money for this trip, but even though you have kept a specific amount of money for this trip you still wish to save some money isn’t it? It is always fun to go out for a family vacation as it give you an opportunity to spend much time you’re your family. There are numerous ways following which can save you enough amount of money only thing is that you need to be shaper. You should plan out your vacation in a very different way keeping in mind the monetary solutions so that you don’t run out of money. Here are some of the ways to guide you on how to save money on a vacation. Continue reading

De-Clutter to Make Money

Do you know what a “two-for” is? It’s when you get “two-for-one,” and that’s what you get when you turn your unused belongings into cash. By taking stuff you no longer need and converting it into sweet dollar bills, you have more space where you live and less space in your wallet – because it’s full of money.

  • First, identify items you will never use. So you lost your iPod, then replaced it, then found the one you lost? That’s good to sell. The fancy food processor your mom gave you last December? That’s great, too. Take a simple inventory of your possessions (that means look around the house) and see what jumps out at you. We’d wager that you find at least three things worth selling. Start with a few pieces that have real value.
  • Do you know how to sell on Ebay? If so, great! If not, you should learn. It’s easy and you may need that skill someday… but not today. We’re going to recommend that you search Ebay to find the right dollar value and description for the items you want to sell, and that you actually sell your stuff locally.
  • So, let’s say you have a pair tap shoes you wore once before changing your mind about professional tapping. You paid $60.00. Research ”tap shoes” on Ebay and when you find something similar (possibly an exact match), voila! You’ve determined that used tap shoes sell for $20.00…plus shipping.
  • Here’s the great part. You’re not going to charge shipping because you’re not going to ship. Instead, you’re going to sell your tap shoes locally, via a website like Craigslist or a local forum or social media page for your neighborhood or group contacts (hello… other tap dancers?).
  • Look for “online garage sale” or a similar link and be sure to find a safe venue for selling. You may even find that posting to your own social media site and making your friends aware you have a an on-line sale going is enough. You probably know other people who think they want to tap dance, and there’s no shipping involved. You may even be able to barter an exchange for something you need.
  • Alternatively, have your own “brick and mortar” garage sale… or yard sale or trunk sale, even. Worried you don’t have enough stuff to sell or that your location doesn’t get enough traffic? Offer to pair with a friend. Look around for large items that will attract attention, including old sports or exercise equipment and furniture.
  • For extra fun and cash, make lemonade and cookies and sell them for a buck or so each. People will love this special touch and linger longer to buy more of your castaways, for cash. Remember to advertise and remove the signs when it’s over.

Get in the habit of de-cluttering for cash and remember that for every single thing you get rid of, you’re making room for something new – money in your pocket!

Know the Benefits of Starting to Save Early

If you have been delaying socking some money away for the future, you’re one of millions of people.  It’s easy to procrastinate when it comes to saving money.  There’s always that new gadget to buy, that grand vacation to take.  But these items may come at a higher price than you realize.  Consider this:  If you were to begin saving just $2,000 a year—about $167 a month—in an Individual Retirement Account (IRA) at age 22, and you earned an average annual rate of 10% on your money over the years, you would be a millionaire before the age of 65.  If you wait until you’re 30 years old to begin saving this amount, you will have less than $550,000 in your account at age 65.

You might think that a return of 10% a year is an outrageously unrealistic expectation, given the abysmal interest rates that banks are paying on savings account deposits these days,   However, history says otherwise.  The average annual return on the S&P 500 Index, a portfolio of stocks of 500 of the largest U.S. companies, from January 1, 1871 through December 31, 2011 is around 10%.  That takes into account a lot of economic booms and busts.  If we use data from only the past thirty years—from 1981 through 2011—the average is even higher around 12%.  So, it’s possible that you might earn an average return of more than 10% on your money over the years. And even if you were to earn a lower rate, it’s still advantageous to start saving sooner rather than later.

The table below displays the amount that you can accumulate by age 65 if you begin saving $2,000 a year at varying ages and earn 5%, 8%, 10%, 12%, or 15% a year on your money.

saving table comparison

Notice that regardless of the average annual interest rate earned, waiting the extra eight years from 22 to 30 years old results in a significantly lower account balance at age 65.  This is because of the compounding effect.  When you invest your money, earn interest on it, and leave the interest in the account, you earn interest on your interest the next year.  And so on it grows.

Imagine what you could accumulate for retirement if you were to save more than $2,000 a year.  The maximum allowed IRA contribution for most people in 2012 is $5,000, but you can save even more than this in a tax-deferred account by taking full advantage of your employer’s 401k plan (or 403b plan for public school employees and employees of certain tax-exempt organizations).  Many employers will match your contribution to these types of plans, so that part is “free” money that won’t crimp your budget.

Start early; finish early.  You can retire at a young age and move on to engage in activities that you find appealing.  Maybe you envision yourself sailing into the sunset—quite literally, on your new 40-foot sailboat.

But saving for retirement shouldn’t be your only savings goal.  The compound interest effect works if you’re socking away money for a new car, wedding, house, vacation, or the kids’ college tuition, too.  If you plan today for the major outlays you’re expecting to incur in the future, you will in a position to pay cash for a lot of these things and avoid debt entirely.  Imagine returning from a great relaxing vacation without being faced with a stack of credit card bills that will take you months, if not years, to pay in full upon your return—again because of the compounding effect, but in this case  it is your lenders who will be enjoying the benefits.  Debt is a burden you don’t need—and don’t have to have—in your life.  Instead of paying interest to others, earn interest for yourself.

You may have, at some point, looked at others who have accumulated some wealth with envy, wishing you could enjoy some of the things that their money buys them.  If you start saving today, you can join their ranks and become the envy of your peers, too.  And even better, you will be creating a sound financial life for yourself, which translates to a life that will be significantly less stressful—one that you will be able to enjoy to the fullest, doing the things that you want to do.

Items You Can Buy Used to Save Money

The month of December is one that sets many families’ funds backwards.  December is one of the big months for holidays.  Falling smack in between November and January, many families are unsure how they’ll save enough money to be able to celebrate properly.  They are also unsure about how they’ll come out of the three month holiday stretch with enough money to pay off beginning of the year bills.

Why worry about whether you and your family will have enough to celebrate the holidays then pay bills?  There’s an easy way to save money so you don’t have to worry about it. One-way is buying used the items that you normally would buy new.

One of the most popular items to buy new are video game consoles and their accompanying games. Once again they’ve become in demand with the recent releases of the PS4, Xbox One, WiiU and 2DS.  Since they’re new systems, the prices for the systems and the games are high.  The following examples use $ since I am an American.  The PS4 system will set you back $399.99 and a game will set you back $59.99.  Looking at these prices you’re probably screaming internally and wondering how you can afford the system and a game.  At the moment, they’re only selling new consoles so what can you do? Is there any way that you can save some money, any money?  How about buying a video game for the system used.  At the moment, a used PS4 game costs $54.99 and the price is looking to keep on dropping.

Another popular item to buy new that will often break your funding are DVDS.  On the day a DVD is released, it first costs $19.99.  You’re especially looking to be set back further if you want more than one new movie. Why not buy a used DVD instead?  Depending on the place you shop at for your DVD’s, a DVD can cost you anywhere from a few dollars to maybe ten dollars.  Instead of buying $19.99 on one DVD, you can instead buy several.

The last item you should consider buying used are clothes.  So your child wants a new sweater that will cost you $20.00 and you buy it as a Christmas present. You wrap it up and place it under the tree to be opened later.  On Christmas Day, they open it and you find out it doesn’t fit them.  Instead of spending $20.00 on a new sweater that your child couldn’t wear, you should buy it used.  Buying clothes used means your funds are only set back by a few dollars if your child can’t wear something.  Compare this figure to the 20.00 or more dollars spent on new clothes.

If you buy used instead of new, you look forward to saving several dollars on a purchase. Buy something used instead of new, every month then you are looking forward to saving several hundred dollars by the end of the next year.

Top 10 legit sites to make money with online surveys

Marketing is a crucial part of business. By targeting products at the right people, they cut advertising costs and increase their sales. In this era of media, business pay people for giving their opinions. Since surveying involves focusing on different people, giving opinions needs not special qualifications. One only needs to be him or herself. To participate in online surveys for cash is not a hustle. One only needs to sign up and wait for survey alerts.

The following are 10 legit sites that can earn one money with online surveying.

1)   Vindale Research – Vindale research pays cash for product reviews and participating in online surveys. Vindale allow one to share his or her opinion. A participant may receive up to $75 for each survey done and be given the option of keeping the products reviewed. http://www.vindale.com/v/index.jsp

2)   Surveyspot – This site pays in cash in the form of checks. It sends numerous surveys. Many times they send non paid surveys. A participant gets in special drawings for cash rewards. The more about free surveys, one participates in the more paid surveys offers one gets. They only allow for one member per household. https://www.surveyspot.com/

3)   Surveysavvy – This is one earliest paying survey sites. Its payments are in the form of checks. Compared to other sites, it does not send many surveys. There are not many complaints about this site so it is highly recommendable. www.surveysavvy.com

4)   Toluna – Formerly Your2cents, this site is incredible for users. They are very fast in making payments and send a good number of surveys with very fair compensation. This site also has other tasks which also pay. https://us.toluna.com/

5)   Valuedopinions – This site guarantees many surveys. They pay in various ways. For example, they pay in electronic gift cards often in Amazon gift cards. This form of payment is instant. They only allow one account per person. http://www.valuedopinions.com/

6)   HarrissPolls – This is a premier site. The research they do is highly respected and often cited. Compensation is made in points and the number of points per survey is generous. The rewards range of prizes, entry to sweepstakes and gift cards. http://www.harrispollonline.com/

7)   Zoompanel – The potential to earn rewards quickly is high. They normally send several invitations weekly. They have a wide range of rewards; latest movies and books, appliances, electronics, home décor, Jewellery , charitable donations and many more. www.zoompanel.com

8)   Opinion Outpost – This site pays in points rewards for each survey done. One can cash in for the sweepstakes, cash or instant win opportunities. They also chances to participate in free product testing. www.opinionpost.com

9)   MyPoints – This site rewards people for signing up for offers, taking surveys and mail reading. They reward by giving points which are in turn used to obtain gift cards annually. www.mypoints.com

10)  Cash crate – This allows for free membership. They also accept members from all over the globe. This site pays in cash via Paypal within two weeks of earning money. Cash payments vary depending on complexity of the individual surveys.  http://www.cashcrate.com/

Online survey cannot be relied upon as a main source of income. It is a way of earning a little income or gifts on the side.