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3 Strategies to Keep Track of Your Purchases To Save Money

February 20, 2017 By MelissaB 3 Comments

I’m a big fan of buying in advance for items that I know that I’ll need.  For years when my kids were little, I’d go out shopping a day or two after Halloween to buy my kids discounted Halloween costumes for the next year.  I never paid full price for a Halloween costume, and after Halloween was over and the kids were done with the costume, I sold the costumes on eBay for close to the price I paid.

That’s the way I like to shop, and I know it’s how many others shop, too.  After all, shopping this way is a smart strategy to stretch your dollars.

The problem is that as life gets busier as the kids grow older, I’ve found that sometimes I forget what I bought in advance.  Then, I desperately go out shopping for the item I need, not realizing I had already bought it in advance.

track purchases
Track Your Purchases

Case in point: Last year, right after Christmas, I bought my daughter a green ruffled dress on clearance at a steal for this year’s Christmas.  But, I forgot I bought that dress, and come November, I spent a lot of my time searching children’s resale stores for a dress that wasn’t unreasonably priced.  I had no luck.  A few weeks ago, I was digging through some storage tubs in my closet, and I found the dress.

So this year, one of my New Year’s resolutions is to implement a strategy to keep track of all of my deals.  Here are some techniques I plan to use:

Keep all of the deals in one location.  I have a corner of my walk in closet where I keep a large storage tub filled with discounted items I buy whenever I see a good sale on things I’ll need later.  I use these items for my kids’ birthday and Christmas presents.  I have added another tub to this one.  I’ll store other items like seasonal dresses in these tubs so I know everything I’ve bought in advance is in one location.

Keep a spreadsheet of gifts.  Even if you keep all of your items in one location, you don’t want to constantly have to rut through everything to find what you’re looking for.  Keeping a spreadsheet of the items you’ve bought in advance as well as who they are for will make it easy to see at a glance what items you have.  This can also prevent you from overspending and buying more than you need.

Use the libib app to track books.  I frequently give books as gifts.  We also homeschool, so when I see a good sale, I’ll buy books in advance for the next year or two of school.  The free app libib is a great way to keep track of your books.  Simply scan the barcode with your smartphone, and you can create an inventory, even categorizing by person you’ll be giving the book to or genre.  You choose.

Buying things you’ll need in advance is a great way to save money. . .as long as you don’t forget about what you’ve already bought!

Do you buy items in advance?  If so, how do you keep track of them?

 

Filed Under: Children, Frugality, Married Money, Saving, ShareMe Tagged With: budget, frugal, frugaler, gifts

5 Best Subscription Gifts for Kids

December 18, 2016 By MelissaB Leave a Comment

It’s Christmas morning.  Your kids excitedly rip open their presents, and all day long, you can barely pull them away from their new toys.  If you’re lucky, the excitement lasts a week or two.  But then, unfortunately, the new toys lose their appeal and luster.

Does this sound familiar?

If you want to avoid the kind of gifts that quickly lose their luster, consider giving your child a monthly subscription present.  Then, the joy of Christmas lasts all year long as each month your child will get a new surprise gift!

Here are some you may want to consider:

Surprise Ride

best subscription gifts for kids
Subscription Gifts for Kids

If you have kids who love books and crafts, this may be the subscription service for you (and them)!  Each Surprise Ride box includes two activities, a book and a snack, and extras.  A recent Surprise Ride with a polar bears theme included the supplies to make a polar bear habitat and a polar bear coaster, a Magic Treehouse polar bear book and ice cream snack, and polar bear bracelet and snowflake game. All activities are designed for kids 5 and up.  You can get the monthly subscription or pay for 6 months upfront for a $40 savings, or 12 months upfront for a $60 savings.

Foodstirs

Perfect for your little food enthusiast, aged 5 to 12 years.  Each month, Foodstirs will send a kit to bake a sweet treat.  The ingredients are organic and do not contain artificial dyes or flavors.  Some kits available at the holiday season include the Very Merry Gingerbread Cookie Kit and Holiday Tree Brownie Kit.  Kits are shipped for free, and when you subscribe for a 3, 6, or 12 month box, you can receive up to 28% off the retail price.

Pley

How much fun would it be to get a new toy to play with every month?  That’s the premise behind Pley.  You choose a toy for your child from 500+ toys available for children from 0-12 years old.  Your child plays with the toy for a month; then you send it back and get a new one!  Avoid toy clutter in your home, and your child won’t bore of his toys!

Little Passports

Little Passports offers four different subscriptions: Early Explorers (ages 3 to 5), World Edition (ages 6 to 10), USA Edition (ages 7 to 12), and Science Expeditions (ages 9+).  The first three subscriptions focus on geography, and the latter on science.  The geography subscriptions include stickers for your child’s passport, souvenirs, photos, letters from the travelers, and online games.  Subscriptions are available for a variety of months and are cheaper when you commit to a 12 month subscription.

Kiwi Crate

Kiwi Crate offers monthly subscriptions for five levels, from ages 0 to 16.  Choose the crate that you would like.  For instance, in the Doodle Crate, for ages 9 to 16, your child can learn how and build their own clock with the supplies given!  A Tinker Crate for ages 9 to 16 offers a STEM project like creating a hydraulic claw.  Kiwi Crate offers subscriptions monthly, for 3 months, for 6 months, and for 12 months again, with the biggest discount going to the longest subscription.

Do your kids subscribe to any subscription services?  If so, which one is your favorite?

Filed Under: Children, Married Money Tagged With: gifts, kids

4 Ways to Make Money for Christmas Presents this Year

December 18, 2016 By MelissaB Leave a Comment

You may have started with the best intentions.  You didn’t want to go in debt to pay for Christmas presents, so this year you resolved it would be different.  This year you’d set aside money every month, so when November came, you’d be able to buy Christmas presents with cash on hand.

But then, you’re car broke down and the repair was more expensive than you thought, so you had to dip into your Christmas savings.

It happens.  Sometimes Christmas is only weeks away, and you don’t have money to pay for the presents.

Don’t worry.  There are still ways you can make money to buy presents for Christmas.

Consignment Shops

4 ways to make money for christmas this year
Make Money for Christmas Presents

Do your kids have clothes they’ve outgrown?  Do you or your spouse have clothes in the closet that you don’t wear anymore?  Why not take them to a consignment shop?  When the shop sells your clothes, they’ll give you a portion of the sales price.  Or, they may just offer you a flat fee upfront.  Either way, it’s money in your pocket for items you weren’t using anyway.

Pantry Challenge

Take a minute to go look in your freezer, refrigerator, and cupboard.  Chances are you have a lot of food there, probably more food than your family will eat in a week.  Why not have a pantry challenge?

There are several ways you can do this.  One idea is to just take a week off completely from grocery shopping and just eat up what you have in the house.  If you normally spend $150 a week for groceries, that’s $150 you now have for Christmas gifts.

Another idea is to do a pantry challenge for a month.  That doesn’t mean that you don’t buy any groceries for a month.  Instead, it means that if you normally spend $600 a month for groceries, try to mostly eat up what you have in the house.  Give yourself an allowance, say $200 for the month to buy perishable essentials like fruit, veggies, milk, etc.  At the end of the month, you’ve saved $400, which you can use for Christmas presents.

Credit Card Rewards

If your credit card offers cash back rewards, start saving that money now.  You won’t make a lot this way, but you can use that money to help supplement your Christmas fund.

Swagbucks

Swagbucks is an online search engine.  You use it just like other search engines, but you’re sometimes rewarded with Swagbucks.  Earn 2,200 Swagbucks, and you can get a $25 Amazon gift card.  With diligent effort, using Swagbucks every day and doing other activities as well as meeting your Swagbucks daily goal, you should be able to earn enough points for the $25 Amazon gift card in a month.

If you need money for holiday presents, a pantry challenge will give you the most reward for your effort.  However, the other three strategies will help you make additional money.  By combining all four strategies, you may have enough money to purchase your gifts in cash.  Take some effort now, and you won’t have to go in debt this holiday season.

What other strategies do you use to raise money for Christmas presents?

 

Filed Under: budget, Giving, ShareMe Tagged With: budget, christmas, frugal, Giving

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