10 Ways To Keep Some Extra Coins In Your Pocket Every Month
Personally, I don't know any billionaires. Do you? (I know, right?) So, since our monthly—or if we're lucky, bi-weekly—paychecks seem to come and go so freakin' quickly, I'm assuming that it's a fairly safe assumption that we're all trying to figure out how to make our money stretch. And voila—here it is. While there are probably a million times 10 ways for you to save money, I put together 10 hacks that are pretty easy to implement and can definitely help your bank account from going into overdraft.
Are you ready to save some extra dollars for a rainy day—or, at the very least, not go into (further) debt?
1. Set Long-Term Goals
I'm someone who grew up going to yard sales and thrift stores. It wasn't because we couldn't afford to buy the "new-new ish", it was that my mom enjoyed finding rare items at a good price. The influence definitely rubbed off on me, so I tend to lean towards the same kind of shopping experiences. The challenge is, when you already know that you're getting a great deal, you can find yourself buying so much stuff that you don't really need, which ultimately still means that you could be destroying your budget. Something that helped me to break this habit was to set long-term goals. For instance, rather than getting 15 outfits from a thrift store or 20 tees on Etsy (Etsy has some dope black culture stuff), I would tell myself that I'd rather remodel my living room or save up for a plane ticket to see my godchildren.
Setting long-term goals is a great way to encourage yourself to be a responsible spender while also preventing you from spending money, that you don't really need to, on all sorts of —let's be real, shall we?—randomness.
2. Eat Out Less
Did you know that the average American spends a whopping $3,000 a year, just on eating out? Geeze. Matter of fact, I've got a friend whose accountant scolds him on the regular. Why? It's because he easily spends double that amount because he never (ever) cooks at home. As someone who enjoys preparing my own meals and also going to restaurants, I can vouch for the fact that when I choose to only eat out 3-4 times a month (max), my expenses drop significantly. So, if you're looking for a way to keep an extra $250 a month in your pocket (because 3,000 divided by 12 is $250), eat at home sometimes. It's cost-effective and actually much healthier for you too (since you know exactly what is going into your food and who is preparing it).
3. Create a Shopping List and Food Calendar
I'm pretty sure you've heard somewhere that you should never go grocery shopping when you are hungry and that would absolutely be correct. When you already want to eat, suddenly everything looks good in just about every aisle. That's one reason why it's always wise to go grocery shopping with an already made out list in tow. Another reason is so you'll actually remember what you need (I can't tell y'all how many times I've bought paper towels over and over…and over again). Along with a list, you know what else can come in handy? A food calendar. If you're not familiar with those, they can help you to plan out your meals for the week, so that you shop based on what the calendar says that you are going to make. This can save you money because, if you like to eat a lot of produce, you won't get more than you actually need; that way, your fresh fruits and veggies won't spoil. As a bonus, a food calendar can save you time while you're in the store (if you're someone who actually hates to grocery shop) too because you'll know exactly what you need, so you can get in and get right out. You can get tips on how to use your Google calendar to implement this lil' hack here.
4. Make Your Place More “Green”
Are you sick and tired of your utility bills being totally off the chain? When's the last time you "green-erized" your home? That's not actually a word, but I made it up because it fits in this instance. Sealing your windows can reduce the drafts that cause you to change the temperature on your thermostat a lot. Getting a low-flow showerhead can help you to use as much as 60 percent less water (whenever you shower) each month. Make sure that your light bulbs are LED ones; not only are they cheaper than incandescent bulbs but many last for as much as 50,000 hours (there are approximately 8760 hours in any given calendar year, so you do the math). Defrost your refrigerator and freezer before around 1/4 inch of ice builds up so that they'll both run more efficiently. Stop opening your oven while you're cooking; every time you do, that causes the stove to drop 25 degrees which results in the oven needing more time to heat up again.
Unplug whatever you aren't actually using; you're wasting around a dollar of electricity for each day you've got something in an outlet that doesn't actually need it (this includes your cell phone. Let it charge up before going to bed and then disconnect it from the charger). The power grid that you're on is probably running at its peak between the hours of 4-6pm. So, try and make it a practice to turn on your dishwasher before turning in at night. It will put less strain on the grid and can actually cool down your house in the process. During the summer, try and keep your thermostat at around 75 degrees (turning on your ceiling fan can drop the temp about four more degrees) and 69 degrees during the winter season; it will save energy costs between 4-6 percent (besides, setting your thermostat lower doesn't make your home cool down any faster). Make sure your thermostat is electronic too; that can easily save you between 10-30 percent on your energy bills. Replace your HVAC filter every 90 days, without fail. That will keep it from working harder than it needs to.
5. Ditch Your Cable (Watch the Streaming Services Too)
I'm an ambivert. So yeah, I've got cable in my home (if you're an ambivert or introvert, I'm pretty sure you're able to connect the dots). That doesn't mean that I don't have a conversation with myself, shoot, at least once a month, when I'm like, "Girl, you could save so much money if you let this cable go." My package is around $150 a month, and a part of what comes in that package, I don't even use, so that soft inner voice is spot-on. I'm honestly just lazy when it comes to switching over to loading all of the streaming packages vs. using a remote control. Plus, there are some Black cable stations that I dig. But the thorn in my side has absolutely nothing to do with y'all. $150 times 12 is $1,800. That's a nice chunk of change. So, if you want to put a down payment on a car or something, disconnecting your cable can definitely put you onto the path.
Oh, and watch out for the streaming services too. Yes, Netflix is (currently) between $13-15 a month, Hulu is (currently) between $6-12 a month and UMC is (currently) $50 a year—but if you've got all of these (and more), you're still spending a small mint. Choose wisely.
6. Bundle Your Insurance Polices
Insurance companies. Y'all, that's a Twitter thread all by itself. But the reality is they are a "necessary evil" and a business—and businesses like to offer deals. Another way to keep a little extra money in your pocket is to bundle your insurance policies. For instance, if you bundle your home and auto insurance packages, you can easily save as much as 16 percent on your overall insurance costs each month. Hmph. I'm thinking that you could probably save even more. It's all about hitting up your insurance company and doing a little negotiating. Most of them are open. If they're not, remember that there are always others who will gladly take your hard earned cash. You can check out some of the best home/car insurance bundles for 2020 here.
7. Always Use Coupons and Promo Codes
Something that I have downloaded on my browser is Honey. Basically, it's an app that, whenever you shop online, it tries to find any savings that might be relevant to it. Matter of fact, it works so well that PayPal purchased it for four billion dollars last fall. If, for some reason, the thought of an app "reading" all of your sites freaks you out (you might wanna get off of Al Gore's internet, for one), then use a site like RetailMeNot to check out the promo codes on there. Over time, I've saved a mint, using both. Oh, and don't forget about downloading coupons from your phone when you're at the grocery and drug store too. You ain't never too young to clip (and scan) coupons. If you'd like a few coupon hacks and tips, the Krazy Coupon Lady totally has your back. Go here to start perusing.
8. Avoid Using Autofill on Your PC
On the heels of what I just stated, let me just put it right on out there and say that I absolutely do not do what I am about to recommend. I think it's because I'm not an online shopaholic. But if you happen to be one, something else that can save you some money over time is to remove the autofill feature on your PC. If you use Gmail, click on the Google apps option on the far right, then click on "account" and "payment & subscriptions" and delete any of the credit or debit cards that you've got there. That way, if something that catches your eye, you won't make an impulsive move whenever the autofill info comes up on the payment screen. You'll actually have to get up and find your cards first, which could prevent you from buying the item in the first place.
9. Implement a 48-Hour Rule
Speaking of removing autofill, how about taking things up a notch and disciplining yourself to not purchase anything online that interests you until you've waited a full 48 hours later? I'm willing to bet that a good 6 times out of 10, you'll come to realize that you don't need or even want it as much as you initially thought that you did. Or, you'll come to the conclusion that you should wait until it makes more financial sense to buy it or until it comes on sale.
10. Put Your “Fun Money” in an Envelope
The definition of the word "tithe" is one-tenth of something. Just like many Christians tithe to their church, I'm a firm believer that you should also tithe to yourself; literally set aside one-tenth of your income that can go strictly to whatever you want to spend it on. But just to make sure that you don't tip over into your money that's set aside for other things, consider pulling that tenth out of your account and putting the cash into an envelope. There is something about seeing cash and breaking bills that can psychologically make us want to be more cautious with our spending. Plus, once that's gone, it's gone until the next payday, which can also keep you from overspending. Be good to your coins, y'all. They are so much better to you when you are.
Join our xoTribe, an exclusive community dedicated to YOU and your stories and all things xoNecole. Be a part of a growing community of women from all over the world who come together to uplift, inspire, and inform each other on all things related to the glow up.
Featured image by Shutterstock
- 5 Steps to a Frugal Wedding on a Budget - xoNecole: Women's ... ›
- Over Sallie Mae? I Paid Off 20K In Student Loan Debt In 2 Years ... ›
- 20 Ways to Cut Spending | The Motley Fool ›
- 11 Simple Ways to Lower Your Monthly Bills and Save Money ... ›
- How to save: How to cut your monthly expenses by over $700 ›
- How We Cut our Monthly Expenses by 50% | Tips that Worked ›
- 30 Ways To Cut Your Monthly Expenses ›
- How to Lower Your Bills: 40 Ways to Save - NerdWallet ›
- How to Save Money: 35 Ways to Reduce Expenses - Clark Howard ›
- 40 Ways to Save Money on Monthly Expenses - The Simple Dollar ›
Different puzzle pieces are creating bigger pictures these days. 2024 will mark a milestone on a few different levels, including the release of my third book next October (yay!).
I am also a Professional Certified Coach. My main mission for attaining that particular goal is to use my formal credentials to help people navigate through the sometimes tumultuous waters, both on and offline, when it comes to information about marriage, sex and relationships that is oftentimes misinformation (because "coach" is a word that gets thrown around a lot, oftentimes quite poorly).
I am also still super devoted to helping to bring life into this world as a doula, marriage life coaching will always be my first love (next to writing, of course), a platform that advocates for good Black men is currently in the works and my keystrokes continue to be devoted to HEALTHY over HAPPY in the areas of holistic intimacy, spiritual evolution, purpose manifestation and self-love...because maturity teaches that it's impossible to be happy all of the time when it comes to reaching goals yet healthy is a choice that can be made on a daily basis (amen?).
If you have any PERSONAL QUESTIONS (please do not contact me with any story pitches; that is an *editorial* need), feel free to reach out at missnosipho@gmail.com. A sistah will certainly do what she can. ;)
This Black Woman-Owned Creative Agency Shows Us The Art Of Rebranding
Rebranding is an intricate process and very important to the success of businesses that want to change. However, before a business owner makes this decision, they should determine whether it's a rebrand or an evolution.
That's where people like Lola Adewuya come in. Lola is the founder and CEO of The Brand Doula, a brand development studio with a multidisciplinary approach to branding, social media, marketing, and design.
While an evolution is a natural progression that happens as businesses grow, a rebrand is a total change. Lola tells xoNecole, "A total rebrand is necessary when a business’s current reputation/what it’s known for is at odds with the business’s vision or direction.
"For example, if you’ve fundamentally changed what your product is and does, it’s likely that your brand is out of alignment with the business. Or, if you find your company is developing a reputation that doesn’t serve it, it might be time to pump the brakes and figure out what needs to change.
She continues, "Sometimes you’ll see companies (especially startups) announce a name change that comes with updated messaging, visuals, etc. That usually means their vision has changed or expanded, and their previous branding was too narrow/couldn’t encompass everything they planned to do."
Feature image courtesy
The Brand Doula was born in 2019, and its focus is on putting "the experiences, goals, and needs of women of color founders first," as well as brands with "culture-shifting missions."
According to Lola, culture-shifting is "the act of influencing dominant behavior, beliefs, or experiences in a community or group (ideally, for the better)."
"At The Brand Doula, we work with companies and leaders that set out to challenge the status quo in their industries and communities. They’re here to make an impact that sends ripples across the market," she says.
"We help the problem solvers of the world — the ones who aren't satisfied with 'this is how it's always been' and instead ask 'how could this be better?' Our clients build for impact, reimagining tools, systems, and ways of living to move cultures forward."
The Brand Doula has worked with many brands, including Too Collective, to assist with their collaboration with Selena Gomez's Rare Beauty and Balanced Black Girl for a "refresh," aka rebrand. For businesses looking to rebrand, Lola shares four essential steps.
1. Do an audit of your current brand experience — what’s still relevant and what needs to change? Reflect on why you’re doing the rebrand in the first place and what success would look like after relaunching.
2. Tackle the overall strategy first — before you start redesigning logos and websites, align on a new vision for your brand. How do you want your company to be positioned moving forward? Has your audience changed at all? Will your company have a fresh personality and voice?
3. Bring your audience along the journey — there’s no need to move in secret. Inviting your current audience into the journey can actually help them feel more connected to and invested in your story, enough to stick around as changes are being made.
4. Keep business moving — one of my biggest pet peeves is when companies take down their websites as soon as they have the idea to rebrand, then have a Coming Soon page up for months! You lose a lot of momentum and interest by doing that. If you’re still in business and generating income, continue to operate while you work on your rebrand behind the scenes. You don’t want to cut existing customers off out of the blue, and you also don’t want so much downtime that folks forget your business exists or start looking for other solutions.
While determining whether the rebrand was successful may take a few months, Lola says a clear sign that it is unsuccessful is negative feedback from your target audience. "Customers are typically more vocal about what they don’t like more than what they do like," she says.
But some good signs to look out for are improvements in engagement with your marketing, positive reviews, press and increase in retention, and overall feeling aligned with the new branding.
For more information about Lola and The Brand Doula, visit her website, thebranddoula.com.
Let’s make things inbox official! Sign up for the xoNecole newsletter for love, wellness, career, and exclusive content delivered straight to your inbox.
Feature image courtesy
Even though I am a proud Gemini, it’s no secret that my favorite month of the year is actually October (which is a part of the reason why I decided to release my third book during that month). Since fall is my favorite season, typically, October brings all of the quintessential autumn weather right along with it (although, if you live in Music City like I do, this year, it’s not until mid-October that the highs will start to be in the mid-60s…UGH).
And y’all know what that means — pretty leaves, shorter days (I actually like that part), and cooler weather for layering. Hell, for some, it might even bring about cuddle season (I rolled a few times at theCuddle Season series that’s on Tubi right now).
And with the changes that Mother Nature is about to have in store for us, it’s important that you do a bit of tweaking to your skincare regimen (because you do have one of those…right?) so that your skin, from head to toe, can remain just as beautiful as it has all summer long.
With summer ending and fall arriving just days from now, please take a moment to make sure that you’ve got the following things in mind for how to prep (and pamper) your skin before autumn makes its full and official arrival.
Getty Images
1. Make Sure Your Skin Products Have (More) Water in Them
Even if you live in a climate where it rains more (or seems more humid) during the fall, you still need to up your hydration — both inside and out. As far as your skin goes, it’s because, between colder weather, brisk winds, and dry heat that comes from central heat and air, it becomes easier for your skin to lose the moisture that it needs in order to remain looking supple and moist.
So, as far as your skin products go, this is a good time to switch over to ones that have water (or more water) as their base. Besides buying products that say “water” on the packaging, look on the label to see if/that water is the first ingredient that’s listed in order to check this tip off of your to-do list.
2. Use a Thicker Moisturizer
Speaking of maintaining hydration, in order to “lock in” the moisture that is in your skin, it’s a good idea to go with a thicker moisturizer as well. Some skincare experts say that it’s a good idea to opt for the type of moisturizer that contains ceramides; that’s because they help to increase hydration, literally protect your skin from environmental elements (including outdoor pollution), reduce inflammation, help prevent and/or speed up the healing process of breakouts and work to soften the appearance of fine lines and wrinkles — and you need all of this during the fall season, for sure.
3. Try a Hyaluronic Acid-Based Serum
If you don’t already use hyaluronic acid, please check out, “Why Your Skin, Hair, And Nails Need Hyaluronic Acid Like...Yesterday” because I think it will convince you to start. Between at-home chemical peels and this type of acid, I have definitely seen my skin appear brighter and more even-toned.
The reasons why a serum that has hyaluronic acid in it would be ideal for the fall is because it can actually help your skin to produce more collagen and elastin, it can add hydration to your skin, and it can “stretch” it so that any fine lines and wrinkles that you may have won’t appear as prominent. Serums, specifically, are beneficial because they contain other ingredients that can unclog your pores as well as fade out dark spots (just an FYI).
Getty Images
4. Consider an Overnight Mask (Once a Week)
You probably already know that when you sleep, your body rejuvenates itself — and your skin is no exception. That’s why it’s so important to have a nighttime routine for your skin and that it includes applying some type of moisturizer.
If you want to deeply moisturize your skin (especially your face and neck), consider applying an overnight mask (which is sometimes referred to as a sleep mask) once a week or so.
Not only does it help to moisturize your skin, but an overnight mask can also serve as a barrier to keep dirt, dust, and debris off of your skin while you rest; plus, it nourishes your skin cells as they replicate themselves. If you’ve never tried an overnight mask before, People has a list of options that you can check out here, while Byrdie has a list that you can check out here.
5. DO NOT Heat Up Your Bathwater
If there’s nothing that you enjoy more on a chilly autumn day than to come home, disrobe, and soak in a bathtub of water that’s about as hot as you can stand it, trust me, I totally get it. At the same time, I am going to encourage you to rethink doing that. Why? Well, as tranquil as super-hot water may be, if you indulge so on a constant basis, it can dehydrate your body, which can lead to dry and itchy skin.
That’s why it’s ideal to bathe in a water temperature that is no more than a couple of degrees higher than your body temperature at the most. Your skin will thank you if you do.
6. Pamper with Some Black Spruce Essential Oil
Every chance I get, I try to bring a new (as far as the platform is concerned) kind of essential oil up. That’s because, as I’ve said a billion times before, essential oils are one of my favorite things ever! Well today, I’m curious about if you’ve ever heard of black spruce oil. The fact that the oil comes from the black spruce pine tree kind of makes it fitting for this article since Christmas is (wow) just a few months away.
Anyway, when it comes to reducing stress, improving the quality of your sleep, deeply cleansing your skin, bringing balance to your hormones, and reducing inflammation, this is an essential oil that can make all of that happen for you (just to make sure to dilute it with distilled water or a carrier oil first; essential oils tend to be pretty potent).
7. Wear Cotton, Polyester or Silk in Between Your Wool
Wool can definitely keep you warm. Sometimes, it can be itchy as all get out too; that’s due to the lanolin that’s in the fabric — and when you have a sensitivity to it, that can irritate your skin. Although some people end up with the type of wool allergy that makes it best for them not to wear wool at all, if yours is only minor, there is a workaround.
Do your best to “shield your skin” by putting on something that is made out of cotton, polyester, or silk before putting your wool garment on. That will serve as a buffer and also keep the wool from drying your skin out. Plus, who doesn’t like the layered look? Exactly.
8. Invest in Some Foot Balm and Moisture-Wicking Socks
Your feet are going to be covered up during the fall and winter more than they ever were in the spring and summer seasons; that’s why you definitely need to get some type of foot balm for them. Not only can it help to prevent dry feet and cracked heels, but foot balms are also helpful when it comes to keeping minor foot infections at bay, preventing blisters from occurring, and keeping odor from becoming (too much of) a problem.
While you’re at it, make sure to get yourself some moisture-wicking socks, especially if your feet have a tendency to sweat a lot. The cool thing about moisture-wicking fabrics is not only can they keep sweat from irritating you, but they also work to keep your feet nice and dry during inclement weather.
9. Sip on Some White Tea
If herbal tea is totally your thing and you’ve got some hair goals that you want to reach over the next several months, check out “10 Teas That Are Great For The Fall Season — As Far As Hair Growth Is Concerned.” As far as your skin goes, a tea that you need to add to your collection is white tea.
From an overall health standpoint, white tea is good for you because it is loaded with antioxidants, fights oral decay, and reduces your risk of heart disease. The reason why it’s great for your skin is because the antioxidants that are in it can help fight off free radicals, boost the production of collagen, and slow down the signs of aging.
10. Roll Out That Humidifier
I’m actually a big fan of humidifiers. So much, in fact, that I once penned an entire piece that was devoted to them (check out “10 Really Good Reasons To Get Yourself A Humidifier This Fall”). I’m closing this fall skin prep list by shouting humidifiers out because if your HVAC unit is drying the hell out of your hair, a humidifier will put moisture back in so that your skin remains hydrated while you’re indoors. That way, your skin can remain moist and keep that youthful glow right into the coldest months of the year. Perfect.
Let’s make things inbox official! Sign up for the xoNecole newsletter for love, wellness, career, and exclusive content delivered straight to your inbox.
Featured image by LumiNola/Getty Images