UFO: Unidentified Fund-draining object?
I’m not an astronomer or an accountant, but I think I’ve discovered a black hole, and my money is slowly and methodically being sucked into this abyss.
It wasn’t noticeable before … $5 here, $10 there, $20 …
Although it seems to have just formed during the past year, it’s getting stronger by the week.
I fondly refer to this vacuum as ”teenager,” more specifically “Katie.”
Her expenses: gas for her car, school fees, snacks with friends, presents for friends, club fees, more food. The latest store run produced Smorz cereal and Powerade. Yum.
I ration the money a little at a time, and I hold her accountable for how she spends it.
Her dad’s solution: Get a job.
My response: Just keep up the good grades.
For now, I’ll keep opening my wallet a little at a time and hope the gravitational pull from this celestial phenomena doesn’t drain all my money.
– Linda Lynn
Save a ton of money on groceries
A couple of weekends ago, I had the great opportunity to attend a conference focused solely on single moms. One of our speakers really gave great advice on how to save money, especially in the expensive world of grocery shopping.
She is based in Oklahoma and her name is Sarah Roe, aka the “Money Saving Queen.” And she deserves every bit of that royal title.
She is an expert on all things coupons, deals, freebies and how to get groceries at a fraction of their listed price. Have you heard those stories about moms going to the grocery store and buying $400 worth of food for $30? Those stories are true, and Sarah tells you how to do it.
There’s a definite method to the madness of couponing, price matching, store deals and much more. Here are just a few of the many tips she shared with the conference attendees:
1. Clip coupons - manufacturer’s coupons, store coupons, and get coupons off the Internet. Find coupons in Sunday’s Oklahoman, manufacturer’s websites, store websites and even eBay. You can use manufacturer’s coupons in conjunction with store coupons for extra savings.
2. Keep track of prices. Take the 20 most expensive items you use regularly in your household. Go to the one store you shop at most often and track their prices for 6-8 weeks. You’ll notice a “sale cycle” when prices are at their highest and lowest and you’ll know when to stock up. Use your coupons on the rock bottom price. Stock up while you can, or wait until you can get it at that lowest price.
3. Shop around. Start planning your menus at home based on sale cycles and when stores are having the best weekly deals.
4. Know store policies. Many big drug store chains offer rewards for simply shopping there. Same is true for grocery store chains. Find out what they can offer you. It may not be something they advertise, but chances are there’s something.
I get a “Daily Deals” e-mail from the Money Saving Queen. And they really are filled with terrific discounts, free items and store sales. She even has links to coupons you can print off and store circulars for your area. I highly recommend signing up for these free e-mails and also joining the website forums. It’s all free and well worth it.
Go to www.moneysavingqueen.com and learn all you can on how to save the most you can at your next grocery store trip. I know I will!
-Erica Smith
esmith@opubco.com
