Frugal Living Archives - Moving 2 Brevard

Jan202021 by Ian JensenNo Comments

How to Handle a Pay Cut: Budgeting in Uncertain Times

Budgeting, Commercial Refinance Loans, Frugal Living

A pay cut, whether big or small, can catch you off guardâand throw your finances into disarray. While a salary cut is different than a layoff, it can leave you feeling just as uncertain. How do you deal with a pay cut and deal with this uncertainty? There are strategies to help you navigate both the emotional and financial challenges of this situation. One key element? A budget. Whether you need to create a budget from scratch or adjust the budget you already have, doing so can help you get back on your feet and set yourself up for success. Hereâs a rundown of budgeting tips to survive a pay cut to keep your finances intact: Ask your employer for the parameters of the income reduction or salary cut First, keep in mind that a pay cut typically isnât personal. According to Scott Bis...

How to Throw a Bridal Shower on a Budget: A Guide for the Frugal Host

Apartment Communities, Budgeting, Frugal Living

Between impressive floral arches and customized sugar cookies, throwing a picture-perfect bridal shower aimed at being a social media showstopper can be pricey. CostHelper.com, a website that compares the cost of services, reports that a typical bridal shower can run from $15 to $40 per person for a luncheon or party in a private room at a mid-range restaurant. If you’re going all out with an elaborate bridal shower, you could be talking $40 to $150 or more (gasp!) per person. Even a small, elaborate bridal shower (think 15 guests) could cost between $600 and $2,250âand that’s before invitations, decorations and cake. The good news is you can actually honor the bride and your budget at the same time. A bridal shower with simple refreshments at the host’s home, for examp...

Everything You Need to Know About Budgeting As a Freelancer

Budgeting, Frugal Living, Interest Only Loans

Could logging in to your computer from a deluxe treehouse off the coast of Belize be the future of work? Maybe. For many, the word freelance means flexibility, meaningful tasks and better work-life balance. Who doesn’t want to create their own hours, love what they do and work from wherever they want? Freelancing can provide all of thatâbut that freedom can vanish quickly if you don’t handle your expenses correctly. “A lot of the time, you don’t know about these expenses until you are in the trenches,” says freelance copywriter Alyssa Goulet, “and that can wreak havoc on your financial situation.” Nearly 57 million people in the U.S. freelanced, or were self-employed, in 2019, according to Upwork, a global freelancing platform. Freelancing is als...