Author Archives: Kimberly Studdard

About Kimberly Studdard

Kim is a Texan native who has lived in Kansas City, MO with her husband and daughter for almost five years. She spends her days as a virtual assistant, blogger at The Entrepremomer and mother. Juggling entrepreneurship and motherhood isn’t always easy, but she’d take that over a desk job any day.

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schoolSummer seems to have passed by quickly, and now it seems like parents and their children are already preparing for a new school year.

While the average parent will spend $673.57 per child for items needed, it doesn’t have to be so expensive. There are lots of ways to prepare for back to school on a budget.

Check Your Inventory

First things first, check your inventory. You may find supplies, clothes that your kids can fit into now, and more. As you are going through the supplies you have, keep a running checklist of things you may need or that come to mind. If you have a list of items needed from your child’s school, you can just add on to this list.

Checking your inventory helps you prepare for back to school on a budget by helping you avoid buying extra things you may not even need. Why buy an extra pack of crayons if you already have three?

Set Your Budget

Once you’ve gone through your inventory, the next step is to actually set a budget for your back to school shopping. Every family’s financial situation is different, but you should at least aim to only spend what you have in cash to spend.

If that means only $100 for each child, that’s OK. With these tips, you should be able to prepare for back to school on a budget, even if your budget is smaller.

Shop Sales and Clearance Racks

Now that you have your list and your budget set, you can get to shopping. The easiest way for preparing back to school on a budget is to buy what you can on sale or clearance. Many stores have back to school sales, so make sure you read their flyers or online options before shopping at one place.

If you find deals at multiple stores, don’t be afraid to make a few stops. You are trying to get the best price and stay within budget. If there are items on your list that you can’t find on sale or clearance, there are other options to consider as well, like thrift stores and shopping online. ...continue reading

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pay cash for your next carMany people have car loans. In fact, approximately 107 million Americans own a car that they pay a note on.

Not only are car loans expensive, but they can also be avoided, even if you are on a low income. If you are looking for a vehicle now or soon, here are a few tips to help you pay cash for your next car.

Drive Your Old Car As Long As Possible

If you have a car already, drive it until you can’t drive it anymore (or until it doesn’t make sense to keep repairing it). Why buy a car you can’t afford when the one you have works just fine? Sometimes, you may be envious by the people driving new wheels, or the people who don’t have to manually roll up their windows. However, you have to remind yourself that it’s not worth getting into massive amounts of debt just to own a newer car.

If you don’t have a car yet, now is the time to act like you do. Start saving money as if you have a car note, insurance, and other miscellaneous things to pay for.

Save Each Paycheck

Even if it’s just a few dollars, save money from every paycheck in a new car fund. You can always increase this amount as you earn more or cut out expenses, but try to save something. It may take you a little longer to save enough money for a car, but it can be worth it when you realize you don’t have that extra bill hanging over your head every month.

Save Extra Money to Pay Cash For Your Next Car

Do you get bonuses, raises, or even birthday money? It should go straight into savings when you get it. It may be hard seeing that money sitting in your savings when you feel you deserve to spend it, but that extra money helps grow your savings faster.

For every bonus or raise you get, continue to save it and live off of the income you were making before. Before you know it, you’ll have a nice chunk of change to use for your next car purchase. ...continue reading

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subscription boxesSubscription boxes have become all the rage in recent years, but some people still consider them a waste of money. Why pay $15-$45 a month on a box of stuff?

If you believe that subscription boxes are a waste of time and funds, think again. Subscription boxes can save you money, time, and so much more. Here’s how.

Subscription Boxes Cut Splurging

If you are a fan of video games, beauty, or even just collecting items, a subscription box can save you money by cutting out the unnecessary expenses. Subscription boxes give you the opportunity to get items you like or want to use. Plus, you won’t feel deprived, because most boxes come once a month.

Get Deals On What You Use

If you shave often, love to wear makeup on a regular basis, or try to eat as healthy as possible, there is a box for you. A subscription box is supposed to save you money, so why not choose one that’s practical?

Think about your day to day lifestyle. Do you always run to the store because you forgot to replace your toiletries? Do you wish you had more time to grocery shop and prepare meals, but you’re just too busy? Subscription boxes not only make things easier, but they can help you save money by saving you time, energy, and a trip to buy high priced items.

Try Before You Buy

Have you ever wanted to try a new product, only to put it back because of the price? Or maybe you’ve bought an item because of recommendations, just to find out that you hate it. Subscriptions boxes can save you money by helping you try before you buy.

If you love a product, you can keep it and use it until finished. And if you don’t like a product at all? Most likely, you spent less than a few dollars on it, so no harm done. ...continue reading