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Tips, advice, and the latest news from the savings world.

Tales from a Not-So-Extreme Couponer

Savings Tips Shopping
Written by Super User · 25 June 2012

Tales from a Not-So-Extreme Couponer

by Lila Quintiliani, AFC®
Military Saves Assistant Coordinator

Grocery AisleFeeling the pinch at the register lately?  It’s not your imagination – prices *are* going up.  The Consumer Price Index (which essentially measures the change over time in the cost of a basket full of goods) for food went up 2.9% over the last year.  Some items, such as meats, eggs and seafood went up a lot more than that – turkey went up 9.2%, eggs were up 9.5% and canned/shelf stable seafood went up a whopping 11.3%.  Since you can’t just stop buying groceries, the trick is to shop smarter and be more discriminating.

Here’s how I save when I shop for groceries.  I won’t be featured on any of the extreme couponing shows, but I do manage to keep our food bill within our budget.

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Positive Peer Pressure and the Envelopes in the Cupboard

Savings Tips
Written by Super User · 19 June 2012

Positive Peer Pressure and the Envelopes in the Cupboard: Adolescents Now Prioritizing Saving

By Andia Dinesen, AFC ®
Military Saves Coordinator

I started babysitting around the time I was 12 years old for the same reasons that most adolescents get jobs: to earn some money independently of the allowance my parents gave me and to become more adult. It wasn’t much money, mind you, about $2 per hour for a few times a week, but it was more money that I was used to seeing at that age. Thankfully I had someone looking out for me: my mom. Every night when I came home from babysitting, my mom made me put the money I had earned into envelopes.

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Is it Time for a Financial Tune-up?

Budgeting Financial Planning Investing Saving
Written by Super User · 15 June 2012

The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

By Michael Girazian
Union Bank, N.A.
Senior Vice President and Regional Manager

Summer road trips remind us that it may be time for a vehicle tune up. Just like regular maintenance prevents damage to your vehicle and helps ensure a smoother and safer ride, regular financial tune ups can help keep you on the road to financial security and stability.

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Take a Break With a Thrifty Getaway

Summer Savings
Written by Super User · 12 June 2012

by Lila Quintiliani, AFC®

Military Saves Assistant Coordinator

“You guys are always going somewhere,” a friend of mine exclaimed recently.  It’s true, my husband and I like to travel, and we usually try to make the most of our duty stations by seeing the local sights.  We are fortunate in our current assignment because there are plenty of things to do within a few hours’ drive.  The challenge is to make our weekend jaunts affordable, and I think we’ve done a pretty good job of that.

I’m a planner by nature and I have found that my attention to detail has come in handy when figuring out how to have fun on a budget.  Recently, we spent an enjoyable and thrifty weekend on Virginia’s Eastern Shore.  We already have plans to go back, and I have figured out how to make it even less expensive next time.  I’ll share some of my travel secrets with you if you promise not to mob our favorite vacation spots!

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Saving for Your Next Ride

Car
Written by Super User · 11 June 2012

Saving for Your Next Ride

by Lila Quintiliani, AFC ®
Military Saves Assistant Coordinator

One of my biggest financial mistakes came early on in my marriage.  My husband and I fell madly in love…with a large, extended cab pickup truck.  But the honeymoon was over when the car payments started.  After just a few months, there was a trickle down effect – because we were struggling to make the payments, we weren’t able to pay off our credit card fully each month.  We ended up carrying a balance on our card, and that balance got bigger and bigger.  After a couple of years of this, we finally realized we had to stop hemorrhaging money and we sold our truck and got a used SUV.  Eventually we paid off our credit card debt.  But we were so scarred by the experience that we now do our darnedest not to have a car payment.  And when we do have to take out an auto loan, we make paying it off one of our first priorities.

I have seen plenty of people struggling with huge car payments.  Several times I have counseled service members who had TWO car payments totaling nearly half (or more!) of their monthly take home pay.  Here are some tips for saving for your next vehicle so you won’t be crippled by your auto loan:

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Tip of the Day

  • Written by Katie Bryan | April 10, 2014

    You can have an emergency fund! Here are 5 simple ways to start & maintain an emergency fund http://ow.ly/rIhlG 

Saver Stories View all »

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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Involving Kids in Family Finances

Written by | April 19, 2019

 

One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.

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When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.

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