Saving Money - Are You Doing Enough?

It is estimated that we, as consumers, waste an average of 30% of our paychecks on items we don't need or pay way too much for the items we buy. Since 1990, spending is up 30% and debt is up an astounding 80%. What this tells us is, the average consumer is not only buying more but putting much more of a strain on their parcheck, forcing most to overextend themselves with their credit cards.

To become a savvy shopper takes more than just knowing where the best deals are. You need to develope a new attitude. A new way of doing things. This new attitude must become a way of life. If you fall back into your old way of shopping, you run the risk of becoming a bad statistic. The average revolving credit card bill for Americans now stands at over $8500 and shows no signs of letting up. This is not the direction a good money saver should be moving towards.

Finding the best deals takes patience, good timing, and lots of prudent reasearch. Just like saving for retirement or picking stocks, learning how to become a great shopper takes commitment and organization. When you are organized, you are better prepared to spend wisely.

Shoppers are not born, they are made. This holds true no matter how much you make or where you work. It takes understanding of how stores are laid out, how sales are set, and what tricks marketers use to lure you in and close the sale.

Most consumers are in the dark when it comes to how manufacturers think. If you think like a marketer, you will be able to buy with confidence because you have the inside information that can aid you in getting a better deal.

A thrifty person is not someone who buys on impulse but rather, knows how much they have to spend, how much they can spend, and whether spending the money now is a wise choice or not. Impulse buying is the bane of every intelligent shopper but one that all of us have done at one time or another.

A savvy shopper uses all the tools available to them and makes their decision based on information provided by those tools. These tools can aid in overcoming the relentless hard sell that marketers rely on to make you buy.

Whenever you go out to shop, whether it is to your local mall, the supermarket, or online, there are rules that must be followed in order to get the most value for the least amount of money.

Here are five ways to stay within budget and still get value.

1- Always make a list. Know what you want to buy beforehand.

2- Shop and compare prices and terms before you buy. Remember, the first price you see is not always the best. Use it as a starting point and a guide.

3- Stick to an amount you are willing to spend and don't go over. This will save your pocketbook unneeded grief when the credit card bill comes in.

4- Ask yourself if you can live without the item. Don't fall into the habit of rewarding yourself with an item because you've worked hard or you've been a good person lately. Excuses don't pay bills.

5- Keep a price book with you at all times and use it as a guide to get the best price.

Shopping doesn't have to be a chore if you prepare yourself beforehand and organize your priorities. If you can do this, you will succeed at becoming a saving money expert.

Barry Ferguson is known as "America's Saving Money Man". He is the author of two books called "How To Stop Wasting Money" and "The Saving Money Mindset", and has 15 years of practical, real world experience saving huge amounts of cash every time he shops! How much do you want to save? http://www.howtostopwastingmoney.com

In The News:

Personal Finance Queries For The Day (15-04-2019)  Outlook IndiaPersonal finance queries responded by industry & subject-matter experts.
Fulfilling Your Personal Finance Checklist  Thrive GlobalSorting out your personal finances can bring you welcome mental relief and the ability to save for and focus on other life events.
Personal finance: what changed in the last five years  YourStoryThe 16th Lok Sabha is nearing the end of its five-year term. It was an action-filled term where quite a lot changed for the common man. Money-wise, things have ...
Spotlight: Personal Finance Gets a New Spin with Money Crashers  Small Business TrendsPersonal finance advice site, Money Crashers, aims to give you the resources and insights from experts you need to make the most of your finances.
Here's how to fund your child’s education  Moneycontrol.comIt is better to start with two important numbers – the future value of the goal and the time in hand.
Voya Recognizes 100 Best W!se High Schools Teaching Personal Finance  Business WireVoya Financial, Inc. (NYSE: VOYA), has announced that its nonprofit partner Working in Support of Education (W!se) has released its ranking of the 201.
WTAMU instructor teaches personal finance to Canyon High School students  KFDAStudents at Canyon High School completed a personal finance course taught by West Texas A&M Accounting Instructor Lisa Lightfoot, through the Junior ...
SMART tips to set your financial goals  Moneycontrol.comClearly defining financial goal makes it easy to draw a financial plan.
Financial Poise™ Announces "Personal Finance & Investing Fundamentals 2.0," a New Webinar Series Premiering April 24 at 2:00 PM CST through West LegalEdcenter  BenzingaThe first episode in this series is titled "Alpha, Beta & Other Key Concepts" and is co-produced by West LegalEdCenter™. It will feature Jonathan Friedland ...
6 Disturbing Personal Finance Trends Americans Should Be Aware Of  The Motley FoolThese statistics are worrisome, but if you're mindful about the financial choices you make, you can avoid falling victim to them.
Personal finance show: Asian opportunity costs and passive dangers Asian opportunity costs, passive dangers and DIY  Investors ChronicleIn this week's show Chris Ralph, chief investment officer at St James's Place, considers whether Asian equities are on good valuations and what areas of this ...
7 Most Powerful Personal Finance Habits You Need to Implement Right Now  Inc.With good personal finance habits, you can cut costs, spend in ways that help your bottom line, and learn a sense of control over your money.
10 Books That Will Help You Solve Your Financial Problems  TIMEWith advice on everything from filing your taxes to paying off student loans, these books can help you get a handle on your money.
Finance App Usage Grows, Now It's Time For Marketers To Get More Personal  ForbesTax Day, the deadline for filing 2018 taxes with the U.S. IRS, may have passed, but new data suggest April is a red-letter month for mobile finance app ...
Financial year 2020 and personal finance  CNBCTV18The weeks have turned into months and the months have turned into a whole year, and here we are, saying farewell to FY19 and saying hello to FY20. So as a ...
Global Personal Finance Software Market 2019:2025 Industry at a CAGR XX (million dollers) By Top Players  Market Research JournalGlobal Personal Finance Software market 2019:2025 Research Report. Global Personal Finance Software market 2019:2025 research report gives the most up ...
How the personal finance company SoFi is catering to millennials  CNBCMillennial online lender SoFi is launching two new zero-fee exchange-traded funds. SoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the ...
CEA's Kevin Hassett talks personal finance and retirement  CNBCMore than half of adults are either somewhat more confident (30 percent) or much more confident (27 percent) about their ability to save for retirement than they ...
5 Personal Finance YouTube Channels to Help You Manage Your Money  MakeUseOfDo you need to start managing your money better? Then these personal finance YouTube channels will help you get started.
NBA veteran Troy Murphy is dedicating his life to improving financial literacy  MarketWatchHe started a firm to help people deal with sudden wealth — and is donating the money he makes to nonprofits.
There is a savings crisis and many Americans don't know how to fix it. Here's how  CNBCPolicy experts, economists, business people and teachers are debating the extent to which personal finance education can turn around the fact that so many ...
The Best iPhone Budget Apps To Get Your Finances In Check  Refinery29We take a look at some of the most innovative apps that can help you further your financial goals without having to do much more than open up your phone.
Personal Finance Services Market Players/Suppliers Profiles and Sales Data 2019-2025  Market Research GazetteGlobal Personal Finance Services Market Size, Status and Forecast 2018-2025 Report presents the worldwide Personal Finance Services Market analysis with ...
Want financial freedom? MFs, income tax to insurance, here is how you can get it  Zee BusinessFinancial freedom is something that everyone wants but very few manage to get. When it comes to the Indian context, the ratio goes down further. Here, in India ...
Personal Finance Queries For The Day (25-03-2019)  Outlook IndiaPersonal finance queries responded by industry & subject-matter experts.
A threat to payday lenders: Personal finance classes  CNBCRequiring high school students to take a personal finance course reduces their likelihood of taking out expensive payday loans. That's the takeaway from a study ...
Weekend catchup — this week’s personal finance headlines  Financial TimesApple is to enter the credit card market in partnership with Goldman Sachs. The Apple Card will be integrated into the Apple Pay *service* on iPhones, as well as ...
5 essential personal finance tips that may help you save lots of money  The Financial ExpressMany of us tend to delay the process of managing our finances, but this pushes the benefits of compound interest away from us.
How to budget money: Financial planners use 'buckets' and auto-save  Business InsiderPersonal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission ...
New funding values personal finance app Fintonic at €160m  Fintech FuturesSpanish personal finance app Fintonic is now valued at €160 million following a €19 million investment round, Jane Connolly reports.
9 changes that impact your financial plan for FY2019-20  Economic TimesYour financial planning for the new financial year, i.e., 2019-20 should take into account all the changes in the personal finance landscape that come into effect ...
How Long Can Social Security Survive? | Smart Change: Personal Finance  Twin Falls Times-NewsWithout fail, 63 million beneficiaries receives a Social Security benefit check every month, and this figure is only set to rise in the decades that lie ahead as baby ...
Powerful personal finance strategies that will make you wealthier  Real DailyThe goal of personal finance strategies should be to meet your short-term and long-term financial needs well within your income, yet save a good amount for ...
6 Personal Finance Trends That Should Worry All Americans  Business WireAICPA experts provide tips on how to address 6 worrisome personal finance trends.
Why personal finance is extra-complicated for female millennials  NBCNews.comMika Brzezinski and Daniela Pierre-Bravo discuss money challenges female millennials face.
COLUMN: IU should trade math class for personal finance  Indiana Daily StudentInstead of requiring classes that some won't use, require one used by all.
Best Budget Apps and Personal Finance Tools for 2019  FinextraKeeping track of your budget is easier than ever in 2019, thanks to the various tools that have arri...
Here's everything we know about the net worth and personal finances of every 2020 Democratic presidential cand  Business Insider IndiaAP Photo/Eric GayRep. Beto O'Rourke and his wife Amy are worth an estimated $9 million.There are currently 18 candidates and counting vying for the ...
Viewpoint | Let’s talk money, honey! Importance of discussing finances in a marriage  Moneycontrol.comTo know a person fully, it is important to know their attitudes towards money. This is a critical step towards being truly ready for your happily-ever-after story.
Where do 'financially average' people go for money advice?  The Globe and MailA reader says she's starting to have doubts about the financial adviser she has been with for many years. “Increasingly, I am concerned the adviser is acting in ...
When a Possible President Was Your Personal Finance Guru  OZYElizabeth Warren predicted the Great Recession and called out big banks before it became popular.
Students wise up about personal finance | Mesquite-News - Texas A&M University San Antonio  The MesquiteTexas A&M University-San Antonio students gathered wisdom on an otherwise foolish day at the “Don't Be a Fool…Know the Basics of Financial Literacy” ...
NatWest set to trial new personal finance app Mimo  IBS IntelligenceNatwest is all set to trial its personal finance application called Mimo, in the first week of this month. The supplier states that the app has been designed to assist ...
Viewpoint | Here's what the changes in Form 16 will mean for you  Moneycontrol.comArchit Gupta. Form 16 is a certificate from your employer that has details of salary paid to you and TDS (tax deducted at source) on it. When it comes to ITR filing, ...
Amazon’s audiobook of the Mueller report has an Orwellian price tag of $19.84 and skipping breakfast and eating a late dinner could be a killer  MarketWatchHappy Thursday, MarketWatchers. Don't miss these top Personal Finance stories: From LinkedIn to DMs, the Mueller report dives deep into the high-tech ...
3 Personal Finance Habits That Will Help You Retire Rich  The Motley FoolYou don't have to be rich now to be able to retire wealthy.
Is education the key to the kingdom?  CNBCThis is an increasing challenge across our country: How do we build a path to economic mobility for more of our kids?
U.S. Teens Aren't Optimistic About Their Future Finances  Helena Independent RecordAmerica's teenagers have a lot on their minds. They worry about school, about fitting in, about guns, about the environment, about just figuring out who they ...
Personal finance startup SoFi CEO 'expects mortgage business to double' in 2019  Yahoo SportsYahoo Finance's Brian Sozzi sits down with Anthony Noto, the CEO of SoFi CEO to discuss the latest on the online personal finance company and more.
The Best Jobs for Introverts and Extroverts | Smart Change: Personal Finance  Journal TimesDifferent work environments suit different personality types.
How to find the right financial adviser for you  ABC NewsWhen it comes to getting financial advice, it's imperative to find someone you trust. But with the financial services royal commission revealing a culture of greed ...
How to Make a Family Budget | Saving and Budgeting  U.S. News & World ReportIf you've never made a family budget or you aren't sure if you've effectively created a plan that reins in unnecessary costs and factors in your monthly income ...
Brokers are banned or suspended in fallout from $1.2 billion Ponzi scheme  CNBCAn alleged $1.2 billion Ponzi scheme that collapsed more than two years ago has resulted in some advisors losing their jobs. In the latest monthly rundown of ...
What Is Supplemental Health Care and What Does It Mean to Me?  TheStreet.comSupplemental health insurance can come in handy if you're short of cash and facing mounting health care bills. That's the case even if you have health ...
Walter Isaacson explains what Americans can learn about personal finance from Ben Franklin  CNBCMore than half of adults are either somewhat more confident (30 percent) or much more confident (27 percent) about their ability to save for retirement than they ...
Lifehacker Is Hiring a Personal Finance Writer  LifehackerDo you have a black belt in salary negotiation? Are you in possession of more airline miles than everyone you know combined? Would your opinions on student ...
In Personal Finance this weekend  Independent OnlineStudents' spending habits, loyalty programmes for retirement funds, insurers urged to embrace ubuntu, and car warranties and *service* plans.
Here's Everything a Financial Guru Can Tell You  LifehackerDo you have a favorite financial guru? Are you a Dave Ramsey devotee or a Suze Orman enthusiast? Are you more likely to recommend Your Money or Your ...
ProfNet Experts Available on Personal Finance, More  PRNewswireNEW YORK, April 8, 2019 /PRNewswire/ -- Below are experts from the ProfNet network who are available to discuss timely issues in your coverage area.
Personal Finance Lessons From a NFL Pro  Kiplinger's Personal FinanceBrandon Copeland is an NFL linebacker who currently plays for the New York Jets. He teaches a college course on personal finance to undergraduates at his ...
Personal finance concerns increasingly affect workplace productivity, survey finds  People Management MagazineExperts call for more active promotion of options to employees and greater consultation around money issues.
Think you’re smarter than the average teen when it comes to personal finance? Take this test  MarketWatchAbout half of teens weren't able to pass a basic personal finance quiz. In fact, the quiz will surely challenge some adults.
Yes, a debit card does have some advantages  The Washington PostNow I know how National Football League quarterbacks feel come Monday morning. Many sofa-sitting, armchair-reclining sports fans love to post comments ...
Life Cover in the age of legal cannabis  Independent OnlineIt is not uncommon for life insurers to outright refuse cover if the use of cannabis is disclosed during the application process, as is policy for illegal drug usage.
When It Comes to Managing Personal Finances, 36% of Millennials Just Wing It  The Motley FoolMost of us probably know that we ought to be on top of our finances. In an ideal world, we'd all have a clear understanding of our expenses, how close we are to ...
Jaypee home buyers can sue Jaiprakash Associates after SC order  Economic TimesThe Supreme Court has declined to stay the apex consumer commission's order, which held that home buyers in Jaypee Infratech Ltd (JIL) can move the ...
The Best Financial Movies You Can Stream Right Now  U.S News & World Report MoneyThese money movies and television shows will help teach you about financial tools and concepts.
Financial literacy is necessary; Support Gov. Murphy's budget | Letters  NJ.comBe better informed about finances. Whether a pro at managing your money or are just beginning to understand personal finance, financial literacy is necessary ...
What you should do if you are booked on a Jet Airways flight  LivemintIf you booked tickets through the official Jet Airways website, mobile application or ticketing offices, all you have to do is fill up the online form.The Jet Airways ...
Personal Finance Show: Manager moves and India's long-term potential  Investors ChronicleIn this week's show deputy personal finance editor Taha Lokhandwala explains what you should consider when a manager leaves a fund and profiles a recent ...
Millennial money: Ask your folks about their financial plans  Fox BusinessParents are often more than happy to offer financial advice to their kids. They like to feel needed and want to make sure you're on solid financial ground. But it's ...
Tax Day reminds us that personal finance requires a plan | Opinion  NorthJersey.comYears ago, I was asked by the college I worked for to give a talk to graduating seniors offering them advice about personal finance as they headed out the door.
Forget the trip to Disney World — unless you have savings for emergencies  Detroit Free PressStudents in Detroit look at the finances of a fictional family with thousands in credit card debt and other challenges. Should they go to Disney?
PERSONAL FINANCE: Do you ever track your expenses?  Daily NationTracking your money can help you to maintain a healthy financial lifestyle.
From income tax to GST on flats, seven changes from April 1  LivemintThe income tax slab remains the same for the new financial year 2019-20 with *fresh* rebates.Buying flats will also be cheaper from this month as a reduction in ...
Gender pay gap: Laura Bates picks the best books on financial inequality  The GuardianFrom Taraji P Henson's memoir to modern economic theory in Who Cooked Adam Smith's Dinner?, the founder of the Everyday Sexism project shares her ...
Viewpoint | Tips that new generation can follow to cut down on debt burden  Moneycontrol.comViral Bhatt. Today's generation is all about the so called 'SWAG' lifestyle, where patience is minimum and hustle-bustle is maximum. This swag lifestyle can ...
Retirees are flocking to these 3 states — and fleeing these 3 states in droves  CNBCFlorida is high on near-retirees' lists as a place to spend their golden years, yet New Mexico takes the top spot for retirement destinations, according to a study ...
Are you a public servant considering early retirement?  Independent OnlineIn the February 2019 Budget Speech, Finance Minister Tito Mboweni gave details of government's measures to reduce the public sector wage bill and counter ...
Apr 12 Apr 12 WT Instructor Teaches High Schoolers Personal Finance  The Amarillo PioneerBudgets, credit cards, car loans and retirement were just a few of the topics Lisa Lightfoot, instructor of accounting in the Engler College of Business at West ...
Personal Finance Show: What to do with Woodford and Jupiter European's loss  Investors ChronicleIn this week's show Jason Hollands, managing director at Tilney, considers whether you should continue to invest in LF Woodford Equity Income Fund ...
Required personal finance class for NC students could mean fewer US history lessons  Charlotte ObserverNorth Carolina high school students could be required to learn more about financial literacy, but it could come at the cost of learning less about U.S. history.
Forget market downturns, this is the biggest threat facing the US economy, survey finds  CNBCPolitical feuding in Washington is keeping Americans up at night. In all, 44% of participants in a recent survey by Bankrate.com said the biggest threat facing the ...
This is the thing most likely to cause you financial ruin and one lucrative industry where the gender wage gap is narrowing  MarketWatchHappy Tuesday, MarketWatchers. Don't miss these top stories: Personal Finance. This is the thing most likely to cause you financial ruin — but few prepare for it.
When can you retire? Retirement experts weigh in  Fox BusinessMoney and financial planning experts answer the top three Google-searched questions about retirement.
Triangle teachers taught how to educate students on personal finances  WTVD-TVSome of the most important things your child can learn in middle and high school are not taught in traditional subjects.
Personal Finance Show: Attractive Asian dividends and high yield from clean profits  Investors ChronicleIn this week's show Udit Garg, head of wealth management at Sun Global Investments, explains why Asia has become a better area for equity income, and ...
14 Best Sweepstakes to Enter This Year | Personal Finance | US  U.S News & World Report MoneySome people enter free sweepstakes often, and for good reason. After all, entering giveaways typically don't involve losing money or paying a fee, unless you ...
Chalkboard Financial, a local non-profit, is helping teens embrace personal finance  LebTownIt's never too soon to start instilling strong financial habits in young people, and Chalkboard Financial, Lebanon YMCA, and Jonestown Bank have teamed up to ...
FSHS Students Compete in Personal Finance Challenge  FortScott.BizOn April, 10 Fort Scott High School Seniors Jenna Grado, Braden Shelton, Tyler Martin, and Shaylee Terry competed in the Kansas Council for Economic ...
13 financial services Walmart offers that you probably didn’t know about  Bankrate.comWalmart is known as a shopping destination for affordable clothing, groceries and electronics. But you might not be aware that the retailer also offers a ...
'Unfiltered: Duran + Kitces': Personal Finance Industry Leaders Get Real in New Podcast  Business WireNEWPORT BEACH, Calif.--(BUSINESS WIRE)--United Capital Financial Advisers LLC (“United Capital”), the country's first and largest financial life management ...
Amid fund crunch, EPFO shelves plan to double minimum pension  LivemintNEW DELHI: After months of deliberation, the plan to double the minimum pension for the nearly 4.5 million pensioners of the Employees' Provident Fund ...
Personal finance show: tracking bonds and protecting against adverse markets  Investors ChronicleIn this week's show Rory McPherson, head of investment strategy at Psigma Investment Management, discusses the merits of bond exchange traded funds ...
Couple came to Canada to build a life — now they have over $1 million in savings and no debts at all  Financial PostCouple that came to Canada in 1990 has built up significant assets and wants to retire early — can they do it?
The simple personal finance secret to an early retirement  Motley Fool AustraliaEarly retirement isn't just for the mega-rich or the top 1% of society - and this simple secret can unlock your potential to FIRE.
Here's one easy way to pay less to your credit card company  CNBCWant to pay less to your credit card company? Make a phone call. While most cardholders have not requested a break on either interest rates or fees recently, ...
Gov. Ducey signs Arizona bill to make personal finance lesson a requirement for high school students  12news.com KPNXPHOENIX — An Arizona bill that would require schools to teach financial literacy and money management as part of the required economics credit needed to ...
Risk Factors That Kill the Most Americans  TheStreet.comThe total annual number of deaths in the U.S. by risk factor, measured across all age groups and both sexes.
State pension changes: Four ways YOUR state pension is changing  ExpressSTATE PENSION changes went info force this weekend as the new tax year began. Here are four ways your state pension is changing in the 2019/20 financial ...

How To Reap The Rewards With Rewards Programs

Recently, many of these loyalty rewards programs have come to... Read More

Chex Systems ? Why Every American Needs To Guard His Checking Account With His Life

Most Americans have been brought up to be concerned about... Read More

The Magic Of Compound Interest

Christians are called to be good stewards of God's resources.... Read More

Government Grants - Beware of Scams

As the saying goes: "Buyer Beware". If you see ads... Read More

Safely Save for Your Childs University Studies Using An Education IRA!

This investment retirement account (IRA) is useful to you as... Read More

Whats The Truth Behind Your Finances?

Between 15 - 20% of people in our country (UK)... Read More

How To Survive The Grocery Shopping Blues

If you are the normal consumer, then you've probably experienced... Read More

10 Money-Saving Tips

1. If you have your haircut every 3 weeks, try... Read More

Budgeting Tips to Save Real Money

Sticking to a budget can be difficult, but with so... Read More

How Check 21 Affects You

The Check 21 Law is the new federal law for... Read More

10 Steps to Take if You Are a Victim of Identity Theft

There have been an estimated 9.9 million victims on America... Read More

Benefits of Personal Finance Software

In this age of information, keeping track of your finances... Read More

Expenses A ? What Are They And What Can We Do About Them

It is crucial as an individual who is striving for... Read More

Accessing Funds You Never Knew You Had- Household Utilities and Mortgage Expense Reduction Plan

For most of us the process of getting out of... Read More

Creating A Household Budget

Creating a budget can be a very difficult task. Although... Read More

Banks Are More Than Just A Place To Park Your Money

If you've been to a shopping mall lately, you've probably... Read More

Knowing Me, Knowing You: Why ID Protection Plans Are Flawed For Fraud

ID theft is a major consumer concern, though there is... Read More

Planning Your Financial Future

Millions of people give a lot of thought to financial... Read More

First Checking Account ? When is it Time?

We all know that money doesn't grow on trees, but... Read More

Im Broke, How Can I Afford...

I'm still amazed every time someone comes to me complaining... Read More

Single Mother and Learning how to Save

Saving may seem easier if you were saving for a... Read More

Resources to Help You Learn About and Protect Yourself from Identity Theft

There is a new bill that is being passes, it... Read More

Want Your Savings to Earn a Higher Rate of Return? Try Internet Banking

Doesn't it seem like the only impressive numbers we've seen... Read More

Top 10+ Ways to Jumpstart your New Year?s Finances!

Of course, these don't have to be done in any... Read More

Why Live Frugally

What is it about being frugal, why do it at... Read More