Tag: money

Going on Vacation?

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vacationtips Our children are quite tired of hearing the “Dave Ramsey NO” But that is what you say when you get serious about paying off debt. All joking aside, we really don’t blame our frugality on Dave Ramsey (too much). My children love him as much as my husband and I. They sit through his financial peace courses and spend hours listening with us to his radio show. We cannot even play a game of Monopoly without his name or the term “emergency fund” being brought up. Our prayer is that our children are “getting it” and learn from our mistakes when it comes to finances.

Of course I am still learning and have a long way to go. But what I have learned is that one of the most important aspects of paying off debt is making a budget and sticking to it. A few weeks ago we took a vacation to Gatlinburg, TN. Let me share 10 things we did to help stay on budget.

Set the Budget – I know, it is obvious that to be able to stay on budget you must first set a budget. But just because something is simple doesn’t mean that it is easy. After making the decision to go on vacation the first thing to do is set a budget. Vacations need to be cash flowed. If you have a credit card (which I hope you do not) do not even think about taking it. The envelope system works great for vacations.

Go Off Season – As a homeschooling family we do have the unique opportunity to take our vacations during off season. This has saved us a ton of money. On this trip we stayed in a beautiful two bedroom cabin for $29.00 a night with a small cleaning free. It doesn’t get much cheaper. We have also saved money by going to the beach off season. Our favorite time of year for a costal trip is in October. It is still warm enough for the children to swim and most prices are slashed in half. Plus you miss all the crowds and that is a huge plus for us. One year we went to Sea World the week before school was out. We had the place to ourselves. It was wonderful. I am not sure what my children would do if they had to stay in long lines for rides. Of course, there are some disadvantages to going off season like limited shows in places like Branson and Gatlinburg. However, we are very select in seeing shows anyway, so this does not affect our vacations.

Get a Cabin or Condo – One or two nights in a hotel is fine, but any longer than that with a family is not my idea of fun. There are many benefits to staying in a cabin or condo. The first is that you have much more room. Our $29 a night cabin slept 6. Imagine trying to fit a family into a small hotel room for the same price. In addition, we always pick cabins and condos that have full kitchens and laundry rooms. Just watch for hidden charges like cleaning fees and non-refundable deposits. Those can add up if not careful.

Our favorite resource for finding great deals is www.vrbo.com (Vacation Rentals by Owner). We have had good results by dealing directly with the owner. One Christian owner waved the non-refundable deposit for us when she discovered my husband was a pastor.

BYO Food – We love to eat out while on vacation, but 3 meals a day can get very expensive. I have discovered that I can buy a week’s worth of groceries and snacks for our family of 5 for about the same cost of eating out at a sit down restaurant 3 times. In our vacation budget we plan on eating out as we travel to and from our destination and buying groceries during the week.  Occasionally we will eat out during the week depending on where we are and what we are doing.

Play Games Together – Vacation is all about relationships and memories and neither cost money. Some of our favorite memories have been playing a game in our cabin or condo together. Last summer we played a new card game called Golf. This trip our game of choice was Farkle.

Look for Free – Not everything cost money. We spent one morning hiking on the beautiful trails. It didn’t cost us a dime and we have some wonderful memories and breath-taking photos. We spent the afternoon window shopping in downtown Gatlinburg. We spent less than $10 at a coffee shop. A simple internet search will suffice when looking for free activities.

Use Coupons – Just about every vacation spot will have brochures with coupons in them. Look for them if you plan on certain activities. We chose to do one activity during our week vacation and found a $2 off per person coupon to use. Ten dollars is $10, right! It paid for our coffee. 🙂

Do the Reviews – Again, a little research and planning can save tons of money. I spent some time on Trip Advisor looking at reviews. It helps avoid falling into the tourist trap and paying for something not worth the money. We also asked the locals for advice on cost saving activities.

Skip the Extras – After doing the reviews, asking around, and finding a coupon, we decided to take the children to WonderWorks in Gatlinburg. We had a great day and were not disappointed. But remember, after you pay to get in, there are always extra cost. We did not buy food there. We did not pay for laser tag. We did not buy the cheap tourist photo. We ate at the cabin. We saved laser tag for another time. And we took our own pictures. To save money, skip the extras. You won’t miss them.

Take a Tour – Okay, I admit. We did not take a tour. However, we did get offered one. Had we decided to take a 2 hour tour we could have gotten 5 tickets to the Aquarium and a dinner and show for $100. That’s a pretty good price savings of over $300.  We passed this time. But, if you are willing to go through the tour and have the will power to say NO to pushy salesmen, then why not? If you are going to spend the money on the activities anyway, it couldn’t hurt.

The last time we were in Branson we were offered a $100 visa card to take a two hour resort tour.  Again, we passed. (It was, after all, our 20 year anniversary and 2 hours of our precious time was too much to ask.) But, when you do the math on it that is $25 an hour per person. Not bad money to make on vacation.  Just a thought.

So, there you have it – 10 money saving vacation tips. When it comes to spending our hard earned money we need wisdom. So to go with the 10 tips, here are 10 verses of wisdom to apply with them…..

  • The blessing of the LORD, it maketh rich, and he addeth no sorrow with it. (Pro 10:22)
  •  He that trusteth in his riches shall fall: but the righteous shall flourish as a branch. (Pro 11:28)
  •  The hand of the diligent shall bear rule: but the slothful shall be under tribute. (Pro 12:24)
  •  There is that maketh himself rich, yet hath nothing: there is that maketh himself poor, yet hath great riches. (Pro 13:7)
  •  Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase. (Pro 13:11)
  •  Better is little with the fear of the LORD than great treasure and trouble therewith. (Pro 15:16)
  •  The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want. (Pro 21:5)
  •  He that loveth pleasure shall be a poor man: he that loveth wine and oil shall not be rich. (Pro 21:17)
  •  The desire of the slothful killeth him; for his hands refuse to labour. (Pro 21:25)
  •  The rich ruleth over the poor, and the borrower is servant to the lender. (Pro 22:7)

 

The Five Money Personalities & Book Give-a-Way

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moneyIn one way or another, money has an impact on a lot of decisions couples make together. Think about it. We often ask these questions: How much is it going to cost? Can we afford it? How much should we give? Will we go into debt? How can we get out of debt? Is it on sale? Will I get a pay raise or bonus? Should we eat at home or can we afford to go out? Will we shop at the mall or second hand stores? How much will we spend on our child’s birthday?
I would also say that money attributes to a lot of fights that couples have and in some cases even divorce. But, money is not bad in itself. It is the love of money that is the root of all evil, not money. However, wouldn’t it be great if we could live without the hassle of dealing with it? Unfortunately, we can’t.
Since we have to deal with money, it is wise to know what type of money personalities each of us have. Money personality? Yes, you have one. We all do. I recently read a book called The Five Money Personalities by Scott & Bethany Palmer. This money couple has dedicated their lives to helping other strengthen their relationships. With 43 years of combined financial planning experience, they launched “The Money Couple” and are regulars on national TV and radio and speak internationally about love and money.
The Five Money Personalities is an interesting book that explains the money personalities that each of us have. You and I are Spenders, Savers, Security Seekers, Risk Takers, or Flyers. More than likely, we are a combination of personalities. This book is not about money management or how to get out of debt. It’s all about relationships. I like that the focus is on the heart of the matter. It had practical advice on talking with your spouse about money and overcoming many money issue snares.
Interested in learning your money personality? Take this short online quiz here. If you want to read the book, leave a comment below and I’ll choose one person on February 1st to receive a new copy of The Five Money Personalities.

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness.
(1Ti 6:10-11)

money couple

Disclaimer:   I received a copy of this book to review in exchange for an honest product review.   I do not receive any other form of compensation for the reviews posted on this blog.

A Penny Saved

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I take my profession very seriously. My career is my family. I was handpicked for this job by the Almighty Creator of Heaven and Earth. He gave me the title of help meet and mother. My pay is in blessings and eternal rewards. I have complete job security. I never have to worry about a cutback. I don’t have to worry about my paycheck being spent. Office politics is a nonissue. And, I look forward to Monday mornings. I love my job! Part of my job responsibility is to make sure that I am a good steward of all that God has given me. One way I am trying to do this is to work on the principle that a penny saved is a penny earned. Therefore, if I can save my husband money by how I manage our home, I am earning him money.

Of course, as Christians when it comes to “earning money” we must be careful to have the right motives and a biblical attitude.

• If we have clothing and food we should be content (I Timothy 6:8).

• It is God that gives the power to get wealth (Deuteronomy 8:18).

• When He gives us riches we are not to set our heart upon them (Psalm 62:10).

• If he takes our wealth away we should still bless His name (Job 1:21).

• God has chosen the poor of this world to be rich in faith (James 2:5).

These are just a few of the principles the Bible speaks on about finances. There are many more. God’s Word is sufficient. We’ve always believed it, now we’re trying to live it. Here are a few things I have done away with this year to help save a penny, thus earning one.

Household cleaning items – Like, rinse aid for dishwasher, Windex, room deodorizers, fabric softeners, bathroom and kitchen cleaners, etc. All of these have been replaced with vinegar. Vinegar is one of the most frugal, all purpose, natural clean items you have on hand. It can be used effectively for many things. Do some research on the subject. You’ll be glad you did and so will your pocket book!

Disposable razors and shaving cream – We were spending a small fortune at the store for disposable razor blades each month. My husband looked into getting an old time safety razor from his barber. He now pays around 3 dollars for 10 blades. Each blade last a lot longer than the average disposable razor blade plus it is double sided; therefore it is like buying 20 blades. He also purchased the old time shaving soap. It cost less than one bottle of shaving cream and will last 4 times longer. Instead of purchasing shaving items weekly we make one or two small purchases a year.

Pool chemicals – When we lived on the coast we were spending close to $100 a month on pool chemicals. Last year my husband invested in a salt water filter. It was the best investment we could have made for the pool. This summer we have spent $30 on salt. Plus, not to mention all the benefits of how much healthier the salt is than the chemicals. We love it!

Packaged foods – One meal that I fix consistently every day is breakfast. As a result I was spending a lot of money on Bisquick. I now make biscuits and pancakes from scratch. It is easy, better for you, and a lot less expensive. I also no longer buy Sloppy Joe mix in a can (around $1.50) and use instead equal amounts of ketchup and BBQ sauce. It taste good and is very easy. I make my own sweet and sour sauce and many other items. With a few strokes on the keyboard you can find all sorts of recipes. It is worth the extra effort and your family will appreciate the better quality of the food. Your husband will appreciate the reduction of your grocery bill.

Laundry soap – This is my all-time favorite money saving tip of the year! I first read about making my own laundry soap in the Duggar’s book. (I just love this family!) My mother convinced me to try it and Lord willing, I will never buy laundry soap again. It is so easy to do. In fact, my 11 year old daughter made it last week. We use to buy Tide at between 15 – 20 dollars for 110 loads. We can now make the same amount for about 10% of the cost. Go to the Duggar’s website to find the recipe.

I still have a lot to learn about being a good steward of my home. So, if you have some money saving tips, share them with me.

She looketh well to the ways of her household, and eateth not the bread of idleness.

(Pro 31:27)