When Saving Gets Hard

saving hard

Of course you know you need to save and you know the benefits of having an emergency fund but at times it seems impossible. For once I can finally understand this feeling. I told my husband man I remember those days when if I liked something at a store I just bought it. With baby here and living on one income, this whole buy now attitude had to change and it wasn’t an easy one. Yes, even for me Mrs. super saver. See no matter if your a fashionista, or into video games there is always something out there that can grab your eye and your money! Check out my cool funky ways to calm the lion, and save the ducks.

 

SAVE YOUR GOAL IMAGE

Whatever it is your saving for screenshot it. We really want to buy a house, so today I put the image as my background to remind me every-time why I have to save. Small reminders like this make it easy to put the 85% off shoes back! Whether its a car a house or just a set amount find the image and save it everywhere.

 

STAY INFORMED

I am a huge supported of podcast and Netflix documentaries. Try to spend time doing things that don’t cost money and keep you knowledgeable. Since I am a first time home buyer I watch many docs, and listen to podcast on home buying. This keeps me engaged in my goal and educated. I also know eventually my car will retire and I will need a new one, I sometimes watch youtube video on best “SUVS IN THE MARKET” and why.

 

MAKE IT FUN

While money can be boring to most people find a way to spice it up. Challenge your love ones or your friend. See who can save the most, talk about dreams of you in your goal. Keep it fun, and fresh!

 

NAME IT AND CLAIM IT

For or down payment we decided to open a separate account away from normal savings. We named it houseaccount. So anytime we move money over it states transfer to house account. Not only does it help keep track at where we are, I am more motivated to add money to that bank!

 

Enjoy this time, because months/years from now you will be laughing at how you ate rice and beans for dinner, or how you drove a clunker car for years just to buy a new car in cash. Sometimes we spend to much time looking at others peoples life, items and ads too realize the beauty in what we already have!!

 

Why Passive Income Matters

passive income

 

So your killing it in the side hustle expertise and now, you hear about this new thing called “passive income”. So, passive income is money you receive for not actually being involved, examples would be like rental property or dividends from stocks, we will dive into more ways to dig into passive income later. Lets focus on the fact that you are working on your side job and your making profit, paying off debt and feeling good. But why not keep pushing that envelope. You can usually pull from your side hustle a way to bring in passive income. So I am a graphic designer and my main business maybe freelance work, but I can also set up a etsy print shop and sell printable. This allows people to shop my work, and print the art from their home. I wake up every morning to money in the account without having to lift a finger.

 

 

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IMPORTANCE

The reason I push for entrepreneurs to have a stream of passive income is because you only have so many hours in a day.  Even if you work all 24 hours, that is your cap. You can raise your hourly rate but at some point you will hit a wall and want to bring in more money. Passive allows you to still remain focus on your other jobs but can bring in money with little to no work once you set it up.

 

 

 

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SICK/EMERGENCY

As I write this post its -6 degrees and it seems like everyone is coming down with the flu. If I was a photographer I probably wouldnt have to many gigs with the weather being cold, or I maybe sick and cannot perform a job. The passive income will come no matter if your sick or if an emergency comes up. However if your a healthy human and you usually stay away from being sick. What about your child, or your family member? If they need you right away there is no PTO days in the freelance world. But in passive income there is always a paycheck!

 

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STREAMS

You have heard it from every business book in the world. Make sure to have 7 streams of income, although I haven’t quite got to 7, having multiple amounts is definitely a benefit. America is a fast growing capitalist world, some trends come and go and others last forever. While your podcast might be killing it your blog may dwindle but that’s okay, streams change. As long as there is a stream your doing great.

 

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INTERNET

Living in the internet boom, we can all contribute something. There is blogging, youtube, advertising, affiliate sponsoring, printable, the list is endless. And while you may think you don’t have a talent that can consist of passive income think again. That might be your fresh idea. Sit down and think of ways you can increase your wealth and create some passive money for your bank account.

 

If anything hopefully this post gets you thinking more about passive income. Sometime starting small ideas lead to bread-winning ideas. I started selling t-shirts, then decided on selling a few prints. Months later the prints where out selling my t shirts. Small ideas are great starting points, get to thinking and put your thoughts to actions.

How To Save Money By Shopping At TJMAX

saving tjmax

So you may think of this store for clothes, a few home decor and baby items. But tjmax doesn’t stop their they have everything and they have it for the right price. I live in walking distance to a tjx and I have notice a few items to be intensely cheaper than your average walmart/target price. I also notice that you can find items like, toothpaste, deodearant, body wash, laundry detergent, and dish-washing soap. I mean the list is endless and plus all the items are name brand or eco friendly.

WHAT THIS MEANS FOR YOU

If you don’t like the idea of buying off brand at stores I would opt to shop at discount store like tjx, ross, marshalls for items like I listed. This way you can keep your favorite brands in your home but pay half the price.

HOW TJ-MAX GETS ITS ITEMS

So, you might be wondering how can a store have items like these at prices this low. Well what happens is, dove may make 1,000 spray deodorants, but only sell 500. Tjmax will then swoop in and ask to buy all there un-sold items at a discounted rate. Then take the item and sell it at its store for a profit.

Candle Selection

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I use too always buy candles from bath and body works, however I got tired of constantly waiting on the 2 for $22 sale, or stocking up when items were cheaper. My husband surprised me with a candle from tjx and I never looked back. You can get a 3 wick candle soy that burns forever for $7.99. With no need of coupons or watching your email for deals this makes the better buy.

BABY PRODUCTS

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If you have a child please buy all your products here, they are so cheap. I have bought my sons detergent here, his dish soap for his bottle cleanings, I have even bought diapers. Most of the time honest will discontinue a design or a product size and sell it tjmax. We have the laundry detergent that is 128 oz it has lasted his first year and no one sell that size anymore. So if you see a product you like for the right price I would stock up. They may not have the same item next week.

SKIP THE CLOTHES

Just like target try to go in for only the items you need. I love this store so I can easily lose it. I try to only shop the home and body section and leave the clothing alone. With my son I may check out his section but they have toys and bibs and small items that I can normally keep myself from spending extra money.

CONCLUSION

I really think if you have a Tj-Max, Marshalls, or Ross near you, try checking it out. It might not work for you but it also might save you a lot of money depending on the products you buy and what your store may carry!

This post is not sponsored or endorsed by tjmax, these are my opinions.