More Than Finances

Get your finances in order!

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How To Tell If Savings Challenge Is Just Not for You

If you don’t think saving money should be a game, you probably don’t need to participate in the savings challenge craze. They’re not for everyone. Read More

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7 Sustainable Frugality Tips That Will Help You Long Term

Learn sustainable frugality tips.Want to learn how to save money and stick with it? Here are some sustainable frugality tips.
Read More

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A Complete Paribus Review – From How It Started To The App

A Complete Paribus Review From How It Started To T

This post was sponsored by Paribus

Have you ever bought something and only a few days later found the same exact thing but for a lower price? Of course you would like that price difference refunded to you, who wouldn’t? With Paribus that’s completely possible and easier than ever, but how? Below you’ll find a Paribus Review.

What Is Paribus, And How Did It Start?

Paribus was created by Harvard Alumni Eric Glyman and Karim Atiyeh in 2014 on the belief that you shouldn’t always pay full price. Paribus reviews your recent purchases comparing the price you paid and the price it currently is. If the price has fallen within the products price match guarantee they get the refund and 100% of it goes to you, they don’t receive a penny of your cash.

How Does Paribus Review Your Purchases And Save?

First, you have to give Paribus your information to tie into your accounts. You provide your sign in information to Paribus and it will track everything you purchased in the last 30 days.

This is money you are technically already owed, they will give you a refund of the price difference if you ask. However, you have to do a lot of work in order to do so. Paribus takes care of getting your refund and does so without you having to lift a finger. You never really need to check in with it, Paribus will let you know when they have done their job and email you.

How Much Will Paribus Really Save You?

Do you shop online often? Do you use major sites like Amazon or Walmart? Then Paribus can save you a ton of money. If you buy online from time to time it may not save much. The more shopping you do online the more money it could possibly save you.

For instance if you buy on average 100 things a month (go with me here) you could very well find 1 to 10 things a month that will save you money. However, if you only buy 1 to 10 things a month you may only see a few dollars a year in savings.

Personally though, I would have it activated anyway all the time. Even if you don’t buy things often when you do this is a nice backup to make sure you get the best price available.

How Good Is The Paribus App?

On top of having a great service that you can look at online anytime there is a Paribus App. Right now unfortunately the Paribus app is unavailable for android. As part of this Paribus Review, I reached out to customer service I discovered that at one time they did also offer a Paribus Android app it isn’t currently available.

However, the Apple Paribus app works great. What I love is that you can go through and see how much others have saved today. It also shows the “top payout” which on the day I looked was $102.84 for a mini bike. The majority of things on there though save anywhere from $1 to $15.

Another way the Paribus app saves you money is by allowing you to buy things others have saved money on. If you see something someone else has received a refund for and you would like to buy it then the option is available to you.

How Do I Sign Up For Paribus?

Sign-up is easy. There are four steps, taken directly from Paribus’ sign-up page. These should help you get started:
Paribus-review-sign-up

So, pretty much:

1. Get the app.
2. Give your email and credit info to Paribus.
3. Shop online
4. Sit back and get paid.

Finally, if you have a few spare moments, consider checking out this video on Paribus.

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Starting a business? Do you choose savings or a loan?

Most people starting their own business dream of ending up like Donald Trump, but unless the financing it carried out correctly in the first place, they have more chance of ending up like Donald Duck.

Deciding whether to use savings or borrow money to get started is a tough choice to make, especially if time is of the essence, as putting sufficient money away is not a quick process.

It is hardly surprising, therefore, that the majority of business owners decide to take out loans or finance the business some other way, rather than waiting until they have enough money in the bank.

These individuals usually budget to repay their loan commitments from the profits the business is expected to bring in – but what happens if the venture does not perform as well as planned?

In reality, few firms are particularly profitable to start with and it can take a number of years before they are truly able to say that they are financially secure.

This means that individuals who have no other source of income and no savings in the bank can be balanced on a knife edge and it can only take one particularly big bill to severely damage finances and put the business at risk.

Having loan payments to make in the early days can put added pressure on the business and make the difference between a success and a failure.

A large proportion of businesses that fail, do so in the first two years, with many falling by the wayside due to inaccurate on unrealistic financial assumptions.

A safer way to get going is to start small and upscale if demand warrants it. This not only reduces the overheads, but also means less finance is needed, making saving at least part of the funds a viable option.

Due to the risks associated with running a business on finance, some people attempt to save money before they launch into the market – a sensible option but one that requires sacrifices, commitment and patience.

There are many kinds of accounts available suitable for savings; click here for a range of examples and explanations of the different rates of interest and savings terms.

Waiting until there is sufficient money in the bank ensures that the business gets the best possible start and does not add the pressure of finance to a fledging company.

However, getting enough funds together without any form of financing can take a painfully long time, especially with the current economic climate and low interest rates.

In reality, the best way forward is a combination of the two approaches. Whilst it would be lovely not to have to borrow money to get started – it is also important not to miss the opportunity in the market and waiting for too long could mean someone else corners your customers.

On the flip side, putting too heavy a burden onto a newly formed business could doom it to failure from the start. Therefore, budgeting for money to continue to be set aside and keeping a financial buffer in the bank is a very good idea.

By keeping the start up costs as low as possible and the operation realistically sized, it should be possible to allow the business to grow slowly whilst still being able to set money side for upsizing should the need arise.

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Is the poor economy eating into your savings?

There is no escaping the fact that these are tough financial times and many Americans are finding it difficult to survive on the money in their checking account.

While everyone knows how important it is to have savings, it can sometimes be impossible to get through the month without dipping into them.

With interest rates so low, it is undoubtedly a better idea to use savings than to take on extra debts such as credit cards to pay for essentials.

But the real question remains, are there alternatives to constantly spending money from the savings account in order to have enough money to survive?

The first step may sound obvious but few people take the time to do it properly and that is to plan a budget.

Sit down and write out your household expenditure and work out where you are wasting money. Looking at the last three months of spending from your checking account can be a good way to work out where the dollars actually go.

Once you have identified any areas where expenditure could be cut out, the next step is to make some savings.

Research has shown that most people are not very good at shopping around to get the best deal; once they have signed up with an insurer for example, they tend to stick with them at renewal.

Switching insurer or even changing to online shopping with a cheaper grocery store can bring considerable savings yet few people bother because of the effort involved in researching. A quick way to bring some of the best results is by using comparison sites to find the best deals.

Many experts recommend paying for everything with cash rather than charging it when you are trying to save money. This is a great idea as it helps give you a better idea of how much money you are spending but sometimes, a credit card can actually save you money.

This may sound like a contradiction but using the right kind of credit card could end up not costing you a cent and actually earn you money or bring savings.

Shop around the market and find a credit card that offers good rewards that would be useful with either cashback or discounts at your grocery store for example. These are things that would save money on basic living essentials rather than luxury items such as cheaper vacations or flights.

Once you have your card, use it for everything you can that month. Charge everything rather than paying cash. Just keep track of how much you spend and don’t go over budget.

When the bill arrives, pay it off in full so you do not get charged any interest. The money you have spent on your card will quickly earn you discounts or cashback, depending on the card you chose and as you paid the bill in full, you will not have any interest charged. Hey presto, you have a credit card that actually bring you savings!

The other way to protect your savings is by increasing your income. Is it possible to get some overtime at work or help out another department to earn some extra dollars? You could also think about taking on a small part-time job in the evening or weekend; this will help pass the time without spending money as well as providing more income.

Another option to boost your income without taking on more work is by selling unwanted items you may have around the home. Try advertising in the local paper, have a yard sale or even sell them online. One man’s junk is another man’s treasure and this not only de-clutters your home but also boosts your savings with the minimum of effort.

There is no escaping the fact that these are tough financial times and many Americans are finding it difficult to survive on the money in their checking account.

While everyone knows how important it is to have savings, it can sometimes be impossible to get through the month without dipping into them.

With interest rates so low, it is undoubtedly a better idea to use savings than to take on extra debts such as credit cards to pay for essentials.

But the real question remains, are there alternatives to constantly spending money from the savings account in order to have enough money to survive?

The first step may sound obvious but few people take the time to do it properly and that is to plan a budget.

Sit down and write out your household expenditure and work out where you are wasting money. Looking at the last three months of spending from your checking account can be a good way to work out where the dollars actually go.

Once you have identified any areas where expenditure could be cut out, the next step is to make some savings.

Research has shown that most people are not very good at shopping around to get the best deal; once they have signed up with an insurer for example, they tend to stick with them at renewal.

Switching insurer or even changing to online shopping with a cheaper grocery store can bring considerable savings yet few people bother because of the effort involved in researching. A quick way to bring some of the best results is by using comparison sites to find the best deals.

Many experts recommend paying for everything with cash rather than charging it when you are trying to save money. This is a great idea as it helps give you a better idea of how much money you are spending but sometimes, a credit card can actually save you money.

This may sound like a contradiction but using the right kind of credit card could end up not costing you a cent and actually earn you money or bring savings.

Shop around the market and find a credit card that offers good rewards that would be useful with either cashback or discounts at your grocery store for example. These are things that would save money on basic living essentials rather than luxury items such as cheaper vacations or flights.

Once you have your card, use it for everything you can that month. Charge everything rather than paying cash. Just keep track of how much you spend and don’t go over budget.

When the bill arrives, pay it off in full so you do not get charged any interest. The money you have spent on your card will quickly earn you discounts or cashback, depending on the card you chose and as you paid the bill in full, you will not have any interest charged. Hey presto, you have a credit card that actually bring you savings!

The other way to protect your savings is by increasing your income. Is it possible to get some overtime at work or help out another department to earn some extra dollars? You could also think about taking on a small part-time job in the evening or weekend; this will help pass the time without spending money as well as providing more income.

Another option to boost your income without taking on more work is by selling unwanted items you may have around the home. Try advertising in the local paper, have a yard sale or even sell them online. One man’s junk is another man’s treasure and this not only de-clutters your home but also boosts your savings with the minimum of effort.

 

More about personal finance:

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Walmart Savings Catcher Phone Number