There’s nothing wrong with trying to save money anywhere you can, but it turns out there are some people who take things a bit too far. Just how crazy can folks get with the penny pinching? Well, some savers are opening up to Vice about the hilarious, and often bizarre, things they’ve done to save a few bucks, and some of them may shock you.
Bizarre ways people have saved money include:
- “I cut open my face wash and moisturizer to get every last drop because that stuff is $$$$.”
- “(Purchase) meat at the grocery store on a Sunday night. They tend to stock up before the weekend but by Sunday everyone has what they are going to grill and such; what remains must be sold, at a big discount too.”
- “Save old water from washing fruits/rice and use to water plants.”
- “My wife cuts my hair; sometimes I have the kids use my bathwater; I’ll drive up to 4 hours to a different airport for a cheaper ticket; I rarely eat out and when I do it's carryout, no matter the restaurant, to avoid the 20 percent tip.”
- "I bring an empty plastic bottle with me when I go to the gym and fill it up with the hand soap inside the gym’s bathroom. Saves me money on soap and it so happens I love the smell."
- "Instead of buying plastic containers, I wash and reuse empty ice cream or butter containers for storage."
- “My friend Jay and I in our club-going days used to hide our coats in an alley near this club, rather than pay the $1 coat-check fee."
- “If the paper towel isn’t too dirty, I’ll rinse and hang it out to dry so I can reuse it.”
- “Every time I go to any fast food place and they dump your bag full up ketchup or other condiments, I save all of them so I can use them later."
While some adults may think a good kid is a quiet kid, children these days have a lot on their minds, and a new survey reveals just what those things are. "Highlights’" 10th annual State of the Kid gives us insight into what kids are thinking and feeling, and maybe it's time parents start listening up.
First off, kids have a lot of concerns these days.
- The poll finds that 31% of kids say being a kid is hard/not easy, while 79% say they have worries.
- As for what they worry most about, 16% say it’s family, friends and loved ones, while 11% are worried about violence and kid safety, with 35% of those kids specifically worried about school gun violence.
- Interestingly, only 12% of kids say they are worried about school performance, which is a drop from 23% in 2009.
But is anyone really listening to these kids’ worries? Well, children think so. In fact, 90% of kids believe adults care about what they have to say, with 59% believing the world at large cares. And if they don’t, kids have no problem taking things into their own hand. Overall, 93% of kids say they would take some sort of action if they see someone doing or saying something mean, with 23% willing to try and handle it on their own. What’s more, 17% of kids say the “superpower” they’d most like to have is the ability to help others.
- ONE MORE THING! When it comes to what they value in themselves, the attributes are different for boys and girls. It seems the attribute girls most value is their own appearance (19%), as compared to only 10% of boys. Meanwhile, 26% of boys most value their intelligence, something only 17% of girls value.
While some consumers may not necessarily be ready for the holiday shopping season, stores are chomping at the bit to get your holiday dollars, and it seems they’ll be getting more of them this year.
A new report reveals that holiday spending is expected to increase 5% this year, with the average person expected to spend about $1,250 each. Of that money, $693 will be spent on gifts, $361 on travel and $196 on entertainment.
As for who will benefit from all that spending, the survey finds that more than half of people will be using their money to buy gifts for family, while 28% will spend on themselves, and less than 10% will be buying gifts for friends. The survey also finds that men are likely to shell out more money this holiday season, with guys expected to spend over $1,400, while women are likely to only spend about $1,100.
Of course, not everyone will be dipping into their wallets more this year. Overall, 10% of consumers say they plan to spend less, with three types of folks likely to fall into that category, those living in rural communities, who are budgeting about $964 for the holidays, those making less than $25,000 a year, and unemployed consumers.
Source: CBS News
October is National Cybersecurity Awareness Month and a new survey shows just how worried folks are about how safe, or unsafe, our information is online. The University of Phoenix poll finds that 43% of U.S. adults admit they’ve experienced a personal data breach in the past three years. What’s more, only 17% of people feel somewhat or more secure from cyber attacks today than they did last year.
Of course, the public isn’t totally blameless for becoming cyber attack victims. In fact, 78% of adults say they have at least one “bad online habit” that can be easily exploited by cybercriminals. They include:
- Using the same email address when creating online accounts (48%)
- Using the same passwords across multiple accounts (41%)
- Allowing social media sites and apps to access personal information (31%)
And those aren’t the only suspect things the public is guilty of. Only 45% of people say they’ve updated security settings to keep their data safe, while only 32% change their passwords frequently.
Source: University of Phoenix
More parents are supporting their adult children these days and it may be jeopardizing their own financial futures. According to a new study by Merrill Lynch, nearly eight in 10 parents (79%) admit to helping their grown up kids out with money, even if it sets them back financially. But what’s worse? They’re spending twice as much on their adult children as they contribute to their own retirement accounts.
Moms and dads don’t stop wanting to help their offspring out, even when they’re adults, but being an ATM for them isn’t the best way to do it. The study shows nearly three in four parents (72%) say they have put their children’s interests ahead of their own retirement savings needs. And that’s a problem because not only are they not teaching their grown kids financial independence and debt management, by not investing more in their retirement, their kids may have to support them someday.
But even knowing all that, it can be hard to cut off adult kids, so here’s what the experts suggest:
- Give them non-financial support instead - Like allowing them to live at home instead of paying their rent.
- Help them make a budget - Show them how to set up a spending plan or a debt reduction plan or hire a financial planner to help.
- Give in the right instances - Helping with health emergencies and natural disasters is okay and so are little things like helping them pay off a vehicle or keeping them on your cell phone plan for a limited time. Even kicking in for a down payment for a first home is okay, just make sure the adult kid knows the assistance is specific and not ongoing.
- See how responsible your grown up child is with money - If you’re constantly giving money to them but they can’t manage their finances, you’re not really helping.
- Putting yourself first is doing them a favor - Teaching your child to be self-reliant is important and so is giving them the security of knowing that they won’t have to provide for you in your golden years.
In case you don’t already know, moms are amazing. No matter what comes at them, they seem to always know how to handle it. Moms are also resourceful and have all kinds of tricks up their sleeves for dealing with life’s messy situations and sometimes they’re happy to share their knowledge. Here are some of the home remedies moms in the My Little Villager's Facebook community swear by.
- Descale showers - Put equal parts of blue Dawn dish detergent and white vinegar in a spray bottle and spray the shower down with it. Let it sit for 20 minutes and the soap scum will melt right off. If it’s really bad, wipe it down before rinsing.
- Freshen garbage disposal - When the sink gets stinky, toss some sliced lemons in the disposal to deodorize.
- Get rid of rust - Lemon juice should get a rust stain out of fabric and aluminum foil removes rust stains on other surfaces.
- Remove grass stains - Scrub the stain with some Head and Shoulders shampoo before tossing clothes in the washer.
- Blood stains - A little scrub with any kind of shampoo before you wash the clothes should do the trick.
- Remove ink stains - The alcohol in hand sanitizer will get the ink out.
- Remove permanent marker - Hairspray will work to remove permanent marker from most surfaces.
- Getting nail polish out of carpet - This is a tricky one, but Windex works to get the stain out of carpet.
- Sharpen scissors - To sharpen scissor blades, just stack seven sheets of aluminum foil and cut through them with the scissors.
- Burns - White vinegar, toothpaste, and even mustard can soothe the stinging sensation in a burn on the skin, it even works for sunburns.