Tag Archives: food

Crazy ways you could be wasting money

It’s one thing if you’ve got a shopping habit that you just can’t kick or that “quick trip” to a department store turns into a five-hour endeavor. But sometimes, you could be wasting money without even realizing it. The following are just some ways that you could be overspending way more than you need to:

Energy usage

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If you have a tendency of falling asleep with the television on or leaving your HVAC on full blast when nobody is home, you could be paying a lot more than you need to be in utility expenses every month. Even poor insulation or old appliances can be wasting a lot more energy than you realize, and could be the cause of your high electric bills.

 

 

Food

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The cost of food can easily eat up your monthly budget (pun intended), but this is a variable expense that you can cut down on easily. If you eat out a lot, stop. If you’re throwing away leftovers and buying too many perishables at once that end up getting tossed, stop. If you haven’t already, make a grocery shopping list and stick to it every time you buy food. Use coupons, and pair them with sales for optimal savings.

 

Your cell phone bill

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Do you really need all of the minutes and cell phone data you’re paying for each month? If you quickly said “yes,” you may want to consider the other ways you can have what you need, but for a lower price. With most people having at-home Internet and most establishments offering free Wi-Fi for customers, it’s easier than ever to turn off your cell phone signal and connect your device to the Internet instead. If you don’t do this enough (or at all), you could be using all of your data when you don’t need to. If you’re almost always connected to the Internet, you could probably get away with a much cheaper data plan. And if you find that you’re constantly on the phone, find out from your service provider if and when you get free minutes, such as nights and weekends, and take advantage of them. Alternatively, you could opt for a landline phone and ditching your cell phone altogether.

 

Or just bills in general

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Before you just pay for the next bill you receive (or, you know, toss it to the side), be sure to check the individual charges very carefully. From medical bills to credit card charges, you could be paying for things you shouldn’t be paying for, and without even realizing it. Although it’s almost always accidental, it’s common for bills to contain errors, and you could be literally paying for those mistakes if you aren’t taking the time to fully read and understand what you’re being charged for.

 

Are you receiving structured settlement annuity payments, but need to receive your money sooner? Contact J.G. Wentworth today to learn more about selling your future payments for a lump sum of cash.

4 tips for saving up money fast

Do you need to save up some money quickly? Everyone has their own reasons if there’s a sudden need for cash, and the following tips can help you to save some extra money fast:

1. Sell things

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Whether you have a lot of junk around your home that you’ve been meaning to get rid of, or other items that you just don’t use enough (or at all), you can potentially sell those things if you’re looking to save money quickly. This means everything you could potentially let go of, including that shirt you wore once 14 years ago and haven’t even looked at since. Have a garage sale, and then sell the remaining items online. You’ll be surprised at what people will buy, and even if you think it’s crap, you could make a few extra bucks by getting rid of it.

 

2. Cancel things you don’t use

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How often do you really watch all 500 cable television channels that you’re paying for, or how much of that cell phone data are you actually taking advantage of? Cut back (or eliminate) what you don’t use enough of, or make some sacrifices and get rid of those non-essentials completely. If you truly need to save some extra cash quickly, this can make a huge difference.

 

3. Don’t eat out

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A lot of the time, you can save a great deal of money by eating all of your meals at home, especially if you stick to simple, basic ingredients and easy-to-prepare food. It may take some discipline if you’re used to eating out, but make the decision to eliminate all restaurant, fast food, and take-out visits until you save the extra money you need. If you’re a bad cook, just suck it up and apologize to your family in advance. They might hate you for a little while, but your bank account will thank you.

4. Don’t pay for things you could get for free

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You might be paying for plenty of things that you don’t have to, like, at all. Carefully consider where your money is going, and think of alternatives and ways to get those same products/services at no cost (legally, that is). For example, if you’re paying for a pricey gym membership, take your workouts outside or stream some free video workouts at home. If you find that you buy books a lot, check out your local library instead. Even if the sacrifices and cutbacks are temporary, eliminating these additional expenses can help you get the money you need, and faster.

 

Are you receiving long-term payments from an annuity or structured settlement, but need to receive your money sooner? J.G. Wentworth may be able to help. At J.G. Wentworth, we can potentially purchase some or all of your future payments and provide you with a lump sum of cash. Contact J.G. Wentworth today to learn more about selling future payments for a lump sum payment.

Spring semester savings: 7 ways for college students to keep costs down

With spring semester beginning around the country, we thought now would be the perfect time to look at some great money-savings tips for college students. Here are seven ways college students can keep their costs down and stretch their hard-earned dollars the farthest.

Keep textbook costs as low as possible

Think you have to buy the newest addition of every textbook your college professor requires for the course? – Think again. Alternatives to purchasing new textbooks include borrowing them from the school library, renting them, sharing the cost of the textbook with students in the same class, finding an earlier edition of the same textbook, and seeking out graduates of the course for their old textbooks.

Use that first credit card wisely

Many college students obtain their first credit card upon enrollment in school. Use it wisely by never buying more than you can afford, paying bills off on time each and every month, educating yourself on the merits of a good credit score, and avoiding late charges and excessive debts at so early an age.

Investigate all discounted student activities

Most colleges have a wide range of activities available for students at discounted prices. These can include movie nights, social events, lectures, museums, concerts, and many other activities your student ID card will allow you to access at a reasonable cost.

Keep food costs down

There are many ways to keep food costs down while a student. These can include finding the right on-campus eating plan that doesn’t require you to purchase three meals a day, sharing cooking costs with friends and roommates, and learning how to grocery shop wisely by using coupons and going to bulk stores like Sam’s Club and Costco.

Apply for scholarships

Most students make the mistake of thinking that scholarship opportunities only exist for those at the start of their college careers. But many school divisions and departments offer work and need-based scholarships for students already enrolled.

Get an on-campus job that will give you both extra cash and additional school-related benefits

Examples of great student jobs that provide such benefits include becoming a Resident Advisor at a college dormitory, working at on-campus eateries that provide meals for their employees, and signing up for surveys and experiments offered by various departments that pay students for their participation.

Get good grades

Last but certainly not least is what we consider to be our most important recommendation when it comes to long-term financial success: earning good grades. Good grades on a transcript show such attributes as determination, resiliency, and the ability to perform hard work to all prospective employers and professional schools that may be in your future; in the long-term, they will probably give you more financial benefits than any of the other important tips we’ve suggested.

We hope these seven tips will help you get a jumpstart on a successful spring semester, and allow you to keep working hard academically without getting buried in debt. And if you continue to have financial problems related to the costs of a higher education, or have other financial hardships that may lead you to want to get cash now out of your structured settlement or annuity, please contact J.G. Wentworth today at 877-227-4713.