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HELP! ETA

Posted by on May. 24, 2013 at 2:45 PM
  • 10 Replies

I'm in a financial crisis and I need help with money crunching! Any advice helps!


ETA: I am hoping not to get bashed for this and will try to keep it as simple as possible. I am a single mom, employee, and student. I was getting assistance with food and childcare and am no longer getting help with these things. Conveniently, my car breaks down when it is time to pay for these things. I had to pay to fix my car as NOTHING can be done with without it. I live in the boondocks so buses arent anywhere nearby. My car is pretty fuel efficient too. I just am dead broke, and don't know about how to get myself out of this rut. I want to be able to save money and I don't even know how to do that. 

by on May. 24, 2013 at 2:45 PM
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Replies (1-10):
ninamsi
by on May. 24, 2013 at 2:48 PM
1 mom liked this

I found these on the web:

  • Get car insurance quotes and make sure that you have health insurance.
  • Clip coupons at Coupons.com, SmartSource and PrintableGroceryCoupons.net.
  • Buy generic everything. Many generics are exactly the same as brand names.
  • Get a mortgage refinance quote to see if you pay too much for home payments.
  • Get free offers here.
  • Buy in bulk and get rewards cards at the supermarket.
  • Insulate your home and use fans and ventilation instead of AC.
  • Walk or take the bus and sell your car.
  • Create a budget.
  • Use Skype.com if you talk on the phone a lot, especially internationally.
  • Travel cheap. Stay at hostels, Couch Surf or Air BnB.
  • Use an online savings account that pays better interest, like ING Direct.
  • Pack lunch and bring coffee to work.
  • Have a drink at home before going to the bar.
  • Get a rewards credit or debit card.
  • Invest your money. Vanguard or Scottrade is a good place to start.
  • Get a credit report at AnnualCreditReport.com, the government sponsored credit reporting website.
  • Ask for a discount on large purchases like a refrigerator or washing machine.
  • Take advantage of federal tax credits for energy efficiency with Energy Star.
  • Use the library. They have plenty of books, CD’s and DVDs. You can also request that the library buy certain books.
  • Make saving a game. Set goals and give yourself a reward if you reach them.
  • Don’t follow your impulse. If you feel the urge to buy something, wait a few days and see if you still want it.
  • At the grocery store look down. Items below eye level are often cheaper.
  • Print a grocery list and stick to it.
  • Take up hobbies that don’t cost money.
  • Set the thermostat when you’re not home to save energy.
  • Use open source software. It’s free and usually as good. For example use Open Office instead of Microsoft Word or Excel.
  • Quit smoking. This calculator shows you how much you could save.
  • Buy a quality used car instead of new. A new car is worth thousands less as soon as it leaves the lot.
  • Food Bank. If you cannot afford food, find a food bank that gives out bags of groceries.
  • Get rid of credit card debt. A $20 shirt could actually cost $200 with fees and interest if you don’t pay your credit card bill right away.
  • Donate and have yard sales for the stuff that you don’t use.
  • Watch for fees. Fees are everywhere; bank fees, atm fees, cash checking fees, late fees. These can add up over time.
  • Group discounts. Try to get a bargain on everything and ask if you can get a discount, especially if you have a large group.
  • Instead of buying things new, get them used or for free on Craig’s List.
  • Lotto and Gambling. Generally, people lose money on the lotto and especially gambling. If you quit or limit this, you will save money.
    907PickleMom
    by on May. 24, 2013 at 2:50 PM
    Grocery lists, meal plan, make your own whenever possible, re-evaluate cable & cell plans, downsize vehicles if possible, cut up credit cards and get on a debt repayment plan ( Dave Ramsey is good), stop eating out, bring your own lunch to work/school, thrift shop/consignment shop, Craigslist/Freecycle items, accept hand me downs....
    Anything else you need help with? I will be happy to answer any more specific questions!! Good luck!
    nurse1997
    by on May. 25, 2013 at 11:14 PM

    Those are all great if you can follow a budget

    AzariahsMother
    by on May. 26, 2013 at 8:58 AM

    What is it that your having problems with?

    AzariahsMother
    by on May. 26, 2013 at 8:59 AM

    These are great suggestions.

    Quoting ninamsi:

    I found these on the web:

  • Get car insurance quotes and make sure that you have health insurance.
  • Clip coupons at Coupons.com, SmartSource and PrintableGroceryCoupons.net.
  • Buy generic everything. Many generics are exactly the same as brand names.
  • Get a mortgage refinance quote to see if you pay too much for home payments.
  • Get free offers here.
  • Buy in bulk and get rewards cards at the supermarket.
  • Insulate your home and use fans and ventilation instead of AC.
  • Walk or take the bus and sell your car.
  • Create a budget.
  • Use Skype.com if you talk on the phone a lot, especially internationally.
  • Travel cheap. Stay at hostels, Couch Surf or Air BnB.
  • Use an online savings account that pays better interest, like ING Direct.
  • Pack lunch and bring coffee to work.
  • Have a drink at home before going to the bar.
  • Get a rewards credit or debit card.
  • Invest your money. Vanguard or Scottrade is a good place to start.
  • Get a credit report at AnnualCreditReport.com, the government sponsored credit reporting website.
  • Ask for a discount on large purchases like a refrigerator or washing machine.
  • Take advantage of federal tax credits for energy efficiency with Energy Star.
  • Use the library. They have plenty of books, CD’s and DVDs. You can also request that the library buy certain books.
  • Make saving a game. Set goals and give yourself a reward if you reach them.
  • Don’t follow your impulse. If you feel the urge to buy something, wait a few days and see if you still want it.
  • At the grocery store look down. Items below eye level are often cheaper.
  • Print a grocery list and stick to it.
  • Take up hobbies that don’t cost money.
  • Set the thermostat when you’re not home to save energy.
  • Use open source software. It’s free and usually as good. For example use Open Office instead of Microsoft Word or Excel.
  • Quit smoking. This calculator shows you how much you could save.
  • Buy a quality used car instead of new. A new car is worth thousands less as soon as it leaves the lot.
  • Food Bank. If you cannot afford food, find a food bank that gives out bags of groceries.
  • Get rid of credit card debt. A $20 shirt could actually cost $200 with fees and interest if you don’t pay your credit card bill right away.
  • Donate and have yard sales for the stuff that you don’t use.
  • Watch for fees. Fees are everywhere; bank fees, atm fees, cash checking fees, late fees. These can add up over time.
  • Group discounts. Try to get a bargain on everything and ask if you can get a discount, especially if you have a large group.
  • Instead of buying things new, get them used or for free on Craig’s List.
  • Lotto and Gambling. Generally, people lose money on the lotto and especially gambling. If you quit or limit this, you will save money.

    matreshka
    by on May. 26, 2013 at 9:22 AM

    Do you have a lot of debt?

    chrissysnow22
    by Platinum Member on May. 26, 2013 at 9:30 AM
    Take a look at your pasts month bank statement and see if you can find where you can cut back some.
    Meal plan, cook from scratch. Grocery shop according to sales, and coupons.
    Stop eating out.
    See if your energy company can give you any discount.
    XOXOnBubbles
    by Bronze Member on May. 26, 2013 at 7:52 PM

    Everyone has some great suggestions! 

    We switched cell phones, got rid of cable tv, & set up car pool in the last couple years to save on money.

    We also meal plan, never go shopping without a list, and do things for free whenever possible (like borrowing books from the library instead of buying them, and exchanging babysitting with friends instead of paying a babysitter etc.). We have a strict budget that we stick to every month.  If you don't have a budget you really need to sit down and make one... it will help you find where you can cut back.  Make sure you keep a record of EVERYTHING you spend.  We have a spreadsheet on our computer and no money gets spent without being recorded.  This way we can look and see exactly where our money is going. 

    If things are super tight and you don't know how you are going to make it, even with cutting back, maybe you should have a yard sale, or sell some stuff on craigs list to get you through. 

    Good luck! 

    MommyStar3343
    by Member on May. 26, 2013 at 7:59 PM

    Thank you!



    Quoting XOXOnBubbles:

    Everyone has some great suggestions! 

    We switched cell phones, got rid of cable tv, & set up car pool in the last couple years to save on money.

    We also meal plan, never go shopping without a list, and do things for free whenever possible (like borrowing books from the library instead of buying them, and exchanging babysitting with friends instead of paying a babysitter etc.). We have a strict budget that we stick to every month.  If you don't have a budget you really need to sit down and make one... it will help you find where you can cut back.  Make sure you keep a record of EVERYTHING you spend.  We have a spreadsheet on our computer and no money gets spent without being recorded.  This way we can look and see exactly where our money is going. 

    If things are super tight and you don't know how you are going to make it, even with cutting back, maybe you should have a yard sale, or sell some stuff on craigs list to get you through. 

    Good luck! 



    lyrick24
    by Melissa on May. 26, 2013 at 8:02 PM

    all of these posts are good suggestions.

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