Penny Pinchers Reduce the Fat

Penny pinchers are often looking for ways to reduce their grocery expense. One of the best ways to reduce your grocery budget is to go on a diet! When we focus on eating the proper foods we will purchase less junk and therefore reduce the amount of money we spend on groceries while we also reduce the fat!

Here's a way you can do both at the same time! When you diet be sure to consume plenty of milk to give you the added protein if you have reduced your protein consumption in other ways. Be sure to save the milk caps while you're at it! Why would you want to save them? Penny pinchers can reduce the expense for exercising at a club or gym by taking advantage of an offer at Curves!
There is a special offer that goes through July 17th, 2008 which provides a free 3 week trial offer at Curves if you bring in 3 caps from any 3 fluid milk containers. For more details on how you can reduce the fat by exercising and cut down your exercise budget, the program details are available online.

Tax Rebate Money Well Spent or Saved

Are you looking forward to your tax rebate arriving? I'm sure you are, but if you had to pay more income taxes on April 15th the rebate may not seem to be much. Either way it's nice to get some money back, so I'm certainly not going to complain!

In that you're looking forward to your rebate, have you made any plans on how to use the funds? Congress of course wants us to spend it so it gives the economy a boost, but it would also be good for the economy if you invest the money. Investing the money into a vehicle like mutual funds or stocks would also be of benefit to the economy as your money will help the companies you invest in.

Better yet, if you invest the money and tax shelter it as an IRA account then you will gain yet another tax benefit when income tax time rolls around in April 2009. Another idea is to use the funds toward your property taxes due this fall if you escrow your own funds for taxes and insurance.

Whatever you decide to do with your tax rebate, make sure your tax rebate will be money well spent, or saved! Here are some additional ideas for what to do with your tax rebate. Just make sure you try to use some of the funds to have a little fun too!

Money Illusion of Gambling

If there was ever a big money illusion that tricks most of us to yield to it's temptation in hopes of winning big, it's gambling and playing games like the lotto and slot machines!

It's easy for each of us to want to believe that we deserve to win a big lottery, sweepstakes or that we'll get a big windfall of money, but the reality is that most don't, and the odds are against most of us.

Although gambling can be a fun means of entertainment, for some it becomes an unhealthy money robbing addiction and it can completely destroy ones finances, relationships and marriage.

So, just a quick tip to always be careful that you don't get carried away by the money illusion of gambling or relying on the hope and dream of winning a big lottery - lol! Stay focused on saving what you can for a rainy day, rather than spending or gambling it away.

Tight Wad Penny Pincher Test

Have your family members or friends accused you of being a penny pinching tight-wad? If you need to prove it's either true or false all you need is to take the tight-wad test!

The penny pincher tight-wad test will score you on a scale of 0-100. The higher your score the more of a penny pincher tight-wad you are! My score came in at 57% which really didn't surprise me since I consider myself to be somewhere between penny wise, and pound foolish. Have fun if you decide to take the penny pincher tight-wad test!

Identity Theft Prevention Tips

There are more than 799 victims per hour of identity theft. Will you be one of those people this hour?

Identity theft thieves steal wallets, browse through garbage, and look for documents to provide them with the necessary information. Shredders are inexpensive and a must-have for every household and business. Using reliable anti-virus and spy ware software is essential in order to protect yourself against the most savvy identity theft crooks. Here are some tips to help protect yourself against identity theft:

* Shred credit cards and other documents that contain sensitive information
* Use protective anti-virus and spy ware software
* Minimize use of mail to send and receive sensitive information
* Buy only from reputable online sites that offer encryption to protect your data
* Track your wallet and handbag carefully to guard your credit cards etc.
* Never carry your social security card with you until you absolutely need it
* Avoid opening potential phishing and spoof emails

Protecting yourself against identity theft begins with the use of some basic tips and knowledge to increase your awareness. You will find this information helpful in this identity theft prevention steps video below. Be sure to watch the entire video to become aware of some important steps to immediately implement if you become a victim of identity theft.

Turn Five Dollars a Day into Thousands

Personal budgeting isn't an easy task for many, but did you know you can turn $5.00 a day into $55,000.00 - $126,000.00 or more? The power of compounding your savings does add up over time using even a small amount.

Where do you come up with $5.00 a day to turn it into $55,000.00 or more? For many, that amount of money is already being spent each day, but by making a few changes to some habits that amount of money could be saved per day rather than spent. Here's a quick tip to inspire you to save $5.00 a day and where to find the funds to save!

Penny Pinchers Tax Deduction Freebie

Are you in need of another tax deduction? And, do you have a need for address labels? Address labels are always handy to have available, but did you know you can get address labels for free, and get a tax deduction at the same time?

Years ago I ordered address labels, but then quickly learned how to get FREE address labels and a tax deduction at the same time! Since then, I've never ordered address labels again. So, what's the catch to get address labels for free, along with a tax deduction?

It's easy! Simply make a donation to an organization such as the American Bible Society, American Cancer Society, or other non-profit organization of your choice. Many charitable entities provide free address labels to those who have donated and contributed funds to their organization! In return, the organizations are hoping that you will of course donate additional funds, which I'm sure you'll probably do.

The best part of the deal is that you are contributing funds to an organization of your choice, and to one that is working for a good cause. Secondly, your donation is tax deductible so you can't complain about that! In that you do not purchase the address labels they essentially are free, but keep in mind a donation to the organization will certainly be appreciated since they sent you free address labels.

We hope to see you back for our future penny pincher tips! In the mean time, keep pinching more pennies!