Monthly Archives: July 2015

Share the Wealth Sunday Link Up {#14}

Share the Wealth Sunday | Money Savvy Livng Do you have a great money saving idea—or want to hear what other people are doing to save money and still feel like they are living the good life—even on a budget? It’s that time of the week again: Share the Wealth Sunday Link Up time! I look forward to sharing (and learning!) many great money saving ideas again this week! Come visit us on social media and say hi! We’d love to get to know you more! It would be great if you would follow us too: Share the Wealth Sunday | Money Savvy Living

Hannah at eat, drink & save money | Facebook | Pinterest | Twitter | Google+ | Instagram

Lisa at Fun Money Mom | Facebook | Pinterest | Twitter | Google+ | Instagram

Gina (that’s me!) at Money Savvy Living | Facebook | Pinterest | Twitter | Google+ | Instagram

 

Suggested guidelines:

  • Link to anything that can save people money: recipes, DIY, crafts, printables, tutorials, or any and all personal finance/budgeting ideas
  • Leave up to three links that you have not linked up within the last six months
  • Leave specific links to posts (not your entire blog)
  • Do not link to any Etsy shops
  • Grab the Share the Wealth Button for your blog
  • Have fun! Check out the other great money saving ideas…and share/interact with as many as you can!
  • Follow your hosts on Facebook and other social media—we want to stay in touch!

 

Feature:

Share the Wealth Sunday 14 | Money Savvy Living 

East, Drink & Save Money: DIY Stretch Mark Oil

Fun Money Mom: Roundup: Target Treasures

Money Savvy Living: Homemade Gluten-Free Freezer Pancakes

Round Up:

Each week, I will pick a few awesome posts from the week before to share with you. That will mean additional exposure for your post and blog! Here some of my favorites from last week:

29 Proven Ways to Help You Slash Overspending Now  You can get your finances in line… with the right plan and a little effort.

 

Feel free to grab this 150 x 150 button and share on your page to let others know about this link up: Share the Wealth Sunday grab button

Link Up:


Share the Wealth Sunday Link Up {#13}

Share the Wealth Sunday | Money Savvy Livng

Do you have a great money saving idea—or want to hear what other people are doing to save money and still feel like they are living the good life—even on a budget? It’s that time of the week again: Share the Wealth Sunday Link Up time! I look forward to sharing (and learning!) many great money saving ideas again this week! Come visit us on social media and say hi! We’d love to get to know you more! It would be great if you would follow us too: Share the Wealth Sunday | Money Savvy Living

Hannah at eat, drink & save money | Facebook | Pinterest | Twitter | Google+ | Instagram

Lisa at Fun Money Mom | Facebook | Pinterest | Twitter | Google+ | Instagram

Gina (that’s me!) at Money Savvy Living | Facebook | Pinterest | Twitter | Google+ | Instagram

 

Suggested guidelines:

  • Link to anything that can save people money: recipes, DIY, crafts, printables, tutorials, or any and all personal finance/budgeting ideas
  • Leave up to three links that you have not linked up within the last six months
  • Leave specific links to posts (not your entire blog)
  • Do not link to any Etsy shops
  • Grab the Share the Wealth Button for your blog
  • Have fun! Check out the other great money saving ideas…and share/interact with as many as you can!
  • Follow your hosts on Facebook and other social media—we want to stay in touch!

 

Feature:

Share the Wealth Sunday | Money Savvy Living 

East, Drink & Save Money: 5 Reasons to Buy Used Clothing

Fun Money Mom:  Menu Planning Challenge

Money Savvy Living: Money Advice: From a Kid’s Perspective

Round Up:

Each week, I will pick a few awesome posts from the week before to share with you. That will mean additional exposure for your post and blog! Here some of my favorites from last week:

It Doesn’t Hurt to Ask: A Frugal Tip  Unless we are at a garage sale, we often forget that, many times, there are discounts to be had… if we only remember to ask.

Save Serious Money with Menu Planning  This is one area that can literally save you hundreds of dollars over the course of a year, by carefully planning what you need and sticking to that list when you go to the grocery store.

Cutting the Cord with Cable and Still Watching What You Love  Did you know that you can get TV so many other places than just cable or satellite?  Often, cheaper options too…

Tax Free Back to School Shopping TAX FREE HOLIDAY!  Check out the list to see what your state is doing…

5 New Ways to Think About Money  I love this fresh perspective on money… it may just change the way you think about– and spend– money.

 

 

Feel free to grab this 150 x 150 button and share on your page to let others know about this link up:

Share the Wealth Sunday grab button

Link Up:


Money Lessons We Can Learn From the Game of Monopoly

 Monopoly Money Lessons | Money Savvy Living

 

Guest post by Amy Nickson, writer at Working Moms Word

 

Monopoly—the classic board game, which is quite popular among children and adults for over 100 years, is way more than just entertainment for family fun night. While you can enjoy the fun of becoming a real estate tycoon playing this game, there are also many educational lessons to be learned as well. The game offers the opportunity for players to make budgeting, investing, and financial decisions, which can help in remaining financially prudent. Following are 8 money lessons which you can learn from the monopoly board game and can apply when managing your own personal finances.

 

Value of budgeting

A successful monopoly player is a good at budgeting. Because the concept is similar, you can apply the same formula while playing the game or creating your monthly budget as well. The board game can teach you to make a realistic budget based on your income and expenses. The winner of this game can easily meet his/her each expenses and save money.

 

Giving priority to an emergency fund

A monopoly player knows well how unpredictable the game is. The player should prepare beforehand to manage any situation. Just like unforeseen circumstances arise in a Monopoly board game, it can happen in your real-life financial situation as well. You never know when you will face an emergency—such as being laid off of a job or an accident—which can use up a savings account that you’ve taken years to build. You should have an emergency fund so that you can face the financial need with solid backup. Having such an emergency fund can minimize your chances of having to sell your assets or take out loans to meet your current obligations.

 

Being a responsible decision maker

The Monopoly game helps people learn to make a proper decisions through critical thinking strategies. For instance, all players should start with the same amount of money to play the game, but, the important thing is how well you can manage your money. While “luck” can be attributed to success in the game and in real life, you still have control over the purchases that you make and assess the risk/reward of each investment. You must learn to overcome whatever comes your way and still manage your finances properly.

 

Importance of negotiation

One of the most important tricks to win the monopoly game is proper negotiation. In real life you should have the skill to negotiate with many people such as creditors, utility suppliers, sellers etc. This will help you to get best finance deals and save your hard earned money as well.

 

Investing money wisely

To ultimately be successful, there are no alternatives to making wise investment decisions. You should invest your money to make it grow with time. You’ll have to take chances and invest your money instead of simply leaving it in the bank. But for this, you need to be updated on the financial market and know all strategies well. Think about your time horizon, risk tolerance, and diversification. For more information about investing read these articles:

Investing: How to choose which investment products are right for you

Investing: Growth vs value

 

No Excuses

You probably didn’t realize that playing Monopoly could teach players lessons about personal responsibility. You shouldn’t make any excuses about losing the game. Likewise, you should not skip any chance to win while you’re playing the game either. Just like in the game, your real-life financial decisions have consequences. Unlike the game, though, the real-life decisions can have long-lasting effects. Making the unwise financial decision to overspend on credit cards, for instance, can take you years—maybe decades—to pay off.

 

Significance of building a strong asset base

Remember, building a strong asset base will help you to get passive income—income which you are not actively involved with earning. You can easily live off the passive money and can save your active income—salary from your job or business income. In the monopoly board game, the number of properties gets the advantage and control over the board, but one must also consider the value of the assets. For example, it is much better to own Park Place and Boardwalk (higher value assets that yield higher returns), rather than Mediterranean, Baltic, Oriental, Vermont, and Connecticut Avenues combined (lower valued assets, which yield lower returns).

 

Taking care of assets

In order to win the game, it’s very important to make improvement on the properties you’ve bought. You should reinvest in your properties by building houses and hotels to improve your income and financial position. In your real life, it should be your constant effort to boost your assets and minimize your financial obligations. Thus, you can achieve financial freedom in the long run. The bottom line is, don’t rely on financial shortcuts because they can ruin your financial stability.

 

 

Share the Wealth Sunday Link Up {#12}

Share the Wealth Sunday | Money Savvy Livng

Do you have a great money saving idea—or want to hear what other people are doing to save money and still feel like they are living the good life—even on a budget? It’s that time of the week again: Share the Wealth Sunday Link Up time! I look forward to sharing (and learning!) many great money saving ideas again this week! Come visit us on social media and say hi! We’d love to get to know you more! It would be great if you would follow us too: Share the Wealth Sunday | Money Savvy Living

Hannah at eat, drink & save money | Facebook | Pinterest | Twitter | Google+ | Instagram

Lisa at Fun Money Mom | Facebook | Pinterest | Twitter | Google+ | Instagram

Gina (that’s me!) at Money Savvy Living | Facebook | Pinterest | Twitter | Google+ | Instagram

 

Suggested guidelines:

  • Link to anything that can save people money: recipes, DIY, crafts, printables, tutorials, or any and all personal finance/budgeting ideas
  • Leave up to three links that you have not linked up within the last six months
  • Leave specific links to posts (not your entire blog)
  • Do not link to any Etsy shops
  • Grab the Share the Wealth Button for your blog
  • Have fun! Check out the other great money saving ideas…and share/interact with as many as you can!
  • Follow your hosts on Facebook and other social media—we want to stay in touch!

 

Feature:

Share the Wealth Sunday Link Up 12 | Money Savvy Living 

East, Drink & Save Money: 7 Reasons a Second Child has Blown My Budget

Fun Money Mom: How to Create an Amazing Gnome Village

Money Savvy Living: Double Chocolate Chip Cake-Mix Cookies

Round Up:

Each week, I will pick a few awesome posts from the week before to share with you. That will mean additional exposure for your post and blog! Here some of my favorites from last week:

Free Things to do in Washington DC  If you are planning a trip to DC, check out this list of FREE things to do while you are there: great list of museums, monuments, tours, and other attractions.

Turn an Old Hutch into a Drop Zone  I love the idea of being able to up-cycle an old piece of furniture and make it into something new and usable in an entirely different way– and being able to do it on a budget!

Money Does Not Equal Security Not something that we think about a lot, but very true…

 

Feel free to grab this 150 x 150 button and share on your page to let others know about this link up:

Share the Wealth Sunday grab button

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Double Chocolate Chip Cake Mix Cookies

The best chocolate chip cookies you'll every eat!

The best chocolate chip cookies you’ll every eat!

Not only are these the best cookies you will ever eat, they are super easy and inexpensive to make! One of the reasons that I love them is because they taste homemade… but actually start out with a box of cake mix. Another reason I like these is because you only have to add 3 ingredients to them and you are ready to bake. Like I said, super easy!

Double Chocolate Chip Cookies

  • Servings: 3 dozen
  • Time: 10 mins
  • Difficulty: easy
  • Print

  • 1 box chocolate cake mix (my favorite is Betty Crocker Chocolate Fudge cake mix)
  • 2 eggs
  • 1/2 cup oil (canola oil or vegetable oil)
  • 1 cup chocolate chips (I use white chocolate chips, but any flavor is delicious– chocolate, mint, peanut butter, etc)

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Spoon onto cookie sheet.

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Bake for 9 minutes at 350 degrees.

 

 

And the best part is, the recipe yields approximately 3 dozen cookies. The cost of ingredients is about $2.50, making them approximately $0.80 per dozen! That is a huge savings from buying a package of cookies from the store, which start at $2.00 per dozen.

 

Double Chocolate Chip Cookies | Money Savvy Living

Share the Wealth Sunday Link Up {#11}

Share the Wealth Sunday | Money Savvy Livng

Do you have a great money saving idea—or want to hear what other people are doing to save money and still feel like they are living the good life—even on a budget? It’s that time of the week again: Share the Wealth Sunday Link Up time! I look forward to sharing (and learning!) many great money saving ideas again this week! Come visit us on social media and say hi! We’d love to get to know you more! It would be great if you would follow us too: Share the Wealth Sunday | Money Savvy Living

Hannah at eat, drink & save money | Facebook | Pinterest | Twitter | Google+ | Instagram

Lisa at Fun Money Mom | Facebook | Pinterest | Twitter | Google+ | Instagram

Gina (that’s me!) at Money Savvy Living | Facebook | Pinterest | Twitter | Google+ | Instagram

 

Suggested guidelines:

  • Link to anything that can save people money: recipes, DIY, crafts, printables, tutorials, or any and all personal finance/budgeting ideas
  • Leave up to three links that you have not linked up within the last six months
  • Leave specific links to posts (not your entire blog)
  • Do not link to any Etsy shops
  • Grab the Share the Wealth Button for your blog
  • Have fun! Check out the other great money saving ideas…and share/interact with as many as you can!
  • Follow your hosts on Facebook and other social media—we want to stay in touch!

 

Feature:

Share the Wealth Sunday | Money Savvy Living 

East, Drink & Save Money: Banana Nut Muffins

Fun Money Mom: Coastal Decor

Money Savvy Living: Live Rich – Even on a Budget

Round Up:

Each week, I will pick a few awesome posts from the week before to share with you. That will mean additional exposure for your post and blog! Here some of my favorites from last week:

How to Save Big on Car Repairs

Women’s Swim Cover-Up: Free Pattern

Money Saving Homemade Mocha Coffee

Thrift Shopping and Curb Stopping to Repurpose and Upcycle

 

 

Feel free to grab this 150 x 150 button and share on your page to let others know about this link up:

Share the Wealth Sunday grab button

Link Up: