How to Keep Your Family on Budget this Year

Group of People Holding Arms

Keeping your family’s budget on track is already a huge challenge on its own. Compound it with a global pandemic and a strong desire to keep everything orderly and organized, the challenge turns into a true uphill climb. Luckily, with a few tried and tested tips, you can get a grip on your family’s finances and continue saving for your future. Whether you’re saving to send your kids to college, to renovate the house, or to buy a much-needed new car, with the right tools at hand, you’ll be ready for anything.

Separate the “Wants” from the “Needs”

If you’re trying to save money and budget wisely, you need to first figure out if you’re over-spending — especially on luxury items your family might not really need. First, is there any spending habit that, if removed, would actually not affect your overall happiness? Could you skip the morning latte, and instead bring coffee from home in a travel mug? Could you live without the name brands at the grocery store and try some of the less expensive generic brands? Do you need streaming subscriptions to Netflix, Disney+, Amazon, and Hulu or could you cut back somewhere?

Only Borrow Money from Transparent Lenders

Everyone needs to borrow money. Lines of Credit can help you renovate your home to increase its value, car loans allow you to buy a car when you need it, with a reasonable interest rate, even payday loans can help with a temporary emergency cost that needs to be covered right away. But it pays to know the terms and conditions of any financial relationship. If you need money quickly, a payday loan gives you the cash you need without the hurdles and hoops that come with personal loans from a bank or traditional lender. But your lender should provide you with the tools and information about borrowing that you need to stay informed. Always know what the
terms of your loan are.

Look to the Experts

There is only so much headway you can make on your own, and if your confidence or determination starts to lag, there are always experts out there who can help you stay on track. Consider one of these gurus of personal finance.

Farnoosh Torabi is a podcaster whose personal anecdotes first-person accounts of financial foibles and feats give you not only inspiration but some entertainment along the way. A Forbes favorite, she always has insights to offer and her guests include other major thinkers like author Seth Godin and self-help legend Tony Robbins.

Canna Campbell is a famous YouTuber who helps viewers adopt a minimalist mindset to help them save. Her ideas, which were eventually catalogued in her e-book, The $1000 Project, give a great perspective on how to pave your way and be proud of what you accomplish.

Cait Flanders is a Twitter star and budgeting pro who loves to share her insights and passion with her followers. You might even want to pick up her book, The Year of Less which documents her twelve-month journey of climbing out of debt by purchasing only groceries, toiletries, and gas for her car. She’s always happy to share ideas on Twitter and keep her followers in the know regarding any new tips she’s come across.

If you want to keep your personal and family finances from running away from you this year, consider these strategies. They’ll motivate and inform you so that you can set realistic goals and achieve them.

How Installment Loans Can Help You

When money is tight, it’s important for you to look at a solution. Especially if you don’t have the best of credit, you can’t turn to a credit card. The good news is that with installment loans San Antonio TX residents can get the financial help that is needed.

Guaranteed Loan

It might be possible to get a loan, guaranteed. If you do have less-than-perfect credit, you don’t want to undergo a credit check only to be turned down. By asking for an installment loan that is guaranteed, the approval is based on your employment as opposed to your credit score.

Pay Over Time

A primary benefit of an installment loan is that you make installments on the money that you borrow. This allows you to pay over a period of time as opposed to paying it all back in one lump sum. When you do this, it takes some of the pressure off of you financially, allowing you to get back on your feet.

Get the Money That You Need

As long as you can pay the loan, the money is yours. You don’t have to disclose what the money is for, so it can be used for rent, a car payment, a medical bill, or anything else going on in your life. Whatever it is, it’s not something that you have to disclose. This allows you to enjoy more privacy than if you went with a bank loan where they would want to know how the money is going to be used.

Whenever you’re in need of money, you have to consider the options that are available to you. Not everyone can use a credit card or get a loan from a bank. There are less traditional options that you can take advantage of from time to time.

Increasing Efficiency Through Fulfillment Services

One of the primary struggles of any business, especially a product based business, is scaling. An entrepreneur can make several trips per day to the post office, but if you want to provide the fastest shipping rates to your clients, you’ll have to find a way to mail packages more efficiently. There are a variety of methods to do this, but the most effective is through fulfillment services.

You’ll have lower operating costs.

Storing products in a warehouse, paying for packing supplies, paying for equipment to move the products, and a host of other expenses all add to your overhead costs. If you outsource the fulfillment of your products, you can get all of the benefits of fulfillment without the expense.

You can focus more on your business.

When you run a single person business, you juggle a number of responsibilities. Many small businesses fail because the owners lose sight of their primary goal. By outsourcing your shipping, you free up time to focus on the most important parts of your business. In fact, it is a good idea to outsource any unnecessary tasks so that you can focus on the thing that only you can do.

You can ship faster.

How much better would your business be if you did not have to make several trips per day to a shipping center? When you sell more products, you make more money. And you can sell more products if you do not have to worry about the scalability of your shipping. Fulfillment companies will ship products for you. All you need to do is send the order confirmation via email. Better yet, you can set up an automated process to handle this for you.

If you are considering fulfillment as a means to expand your business, look for a company that will meet your specific needs. Make sure the costs fall within your budget, and consider how much more pleasant at your work would be if you could focus on the parts of the business you enjoy and let someone else handle the tedium.

How to Get Rid of Timeshare

Do you have a timeshare contract that you don’t need or want? Many people find themselves in this situation. So if you are wondering, “how do I get rid of my timeshare,” then you have come to the right place. The following are some useful tips to help you do exactly that.

1. Sell It

This is the first option that a majority of timeshare owners have available to them. It can be hard to sell timeshares in the resale market. The best way to try to do this is to attempt to sell your timeshare at a fairly low price at a time of high demand. You might also want to consider listing your timeshare on Craigslist, eBay, and other classified websites. If you are interested in selling your vacation property, you may want to visit somewhere similar to https://www.weichertcp.com/. Alternatively, if you are looking for somewhere to more local to you, you may want to visit or look online for a real estate agency that might be able to give you the support you require. No matter where you are, searching the term – real estate agents near me – could give you the results you are looking for that could help you with selling your property.

2. Rent it out in order to cover your costs

This is another way to help reduce your expenses. One challenge is that timeshare resorts often rent out their unoccupied timeshare units at lower prices than it costs to own one. That makes it hard for timeshare owners to rent theirs out. However, it still can be a way to help reduce expenses of owning a timeshare.

3. Donate your timeshare.

If you come to the conclusion that you are not going to make a profit from either renting out or selling your timeshare, you may want to donate it to a charitable organization.

4. Use a timeshare relief strategy

Many timeshare owners recently have started paying someone to take their timeshare over and relieve them of their obligation. The practice is commonly referred to as timeshare relief. This way, the owner can at least get rid of the obligation of having to pay for any timeshare related charges such as maintenance fees.

5. Return the timeshare back to the resort

This is technically one of the more viable options to get rid of your timeshare contract. The tricky part here is there is a stipulation in some timeshare contract that the resort isn’t obligated to take your timeshare back. So if you are thinking about buying a timeshare, make sure the contract provides a way to exit the contract.

To conclude, buying a timeshare gives you a way to own part of a vacation property that can be used, usually one per year. Frequently buying a timeshare is an impulsive and emotional decision. It is only recommended that you buy a timeshare when all other vacation rental services and property ownership options have been explored first. If you own one already, one of the above strategies can be used if you ever need to get out of your contract.

Space to Live and Space to Work: The Challenges of a Home Office

There are many advantages to working at home…and a few disadvantages. A basic problem is the fact that the same territory has to double as workplace and home. This can cause issues when one family member (usually a parent) is treating it as a workspace and another (often a child) is treating it as a home. How can you make the ground rules for your home office, and how can you make them work?

Where?

Somehow or other, you need a distinct space in which to work. It needs to be conducive to a working atmosphere, and sufficiently distinct for everyone (including you) to know that when you are in your working space you are working.

If you have a separate room, you have the ideal arrangement, but not everyone has that luxury so you may have to create a space within the normal living areas of your home. Wherever you choose, devise some sort of physical barrier to make it discrete – a bookcase or sofa back, for instance. Position your work area where there is as much natural light as possible, without stealing light from the family.

What?

The equipment that you put into your working area needs to carry the same message of separateness.

As well as having a business-like desk and chair that you can work at comfortably, you need to keep your equipment separate from items used in the household, for privacy, and for safety

Even if you use a laptop in preference to a desktop computer, you will want a decent screen and keyboard to work at. If you have small children, be sure that the whole area is safely toddler-proof. Your computer and other sensitive equipment should be completely protected from little fingers, ideally with a desktop enclosure like these from RS Components. If possible, use a separate computer for work and home use.

Ideally, have a separate phone line. Apart from managing your expenses, this will avoid customers having confusing conversations with your 3-year-old or interrupting your meal times.

When?

Disciplined time-keeping is even more important at home than in an office. You and your family need to know when you are free to attend to domestic matters and when you are not. Stick to your timetable and don’t, if you can avoid it, carry work across from your desk to the kitchen table.

If you are also caring for children during your work time, you have to be flexible about their demands for your attention, and break your working time into much smaller sections. One tip is to set them up with their own “offices” where they can play with suitable office materials while you are playing with yours.

Home Sweet Home

Working from home is a blessing and a challenge. There is much to be said for setting your own structures and your own goals. There are also many hazards along the way, especially when you share the space with a family. For most people, making clear distinctions about time and space is the only way to manage the conflicting demands.