The weather is nippy, the sun is low in the winter sky, and all thoughts are turning to comfort food. In other words, it’s officially the season to hunker down and gleefully embrace your homebody instincts to stay in.
If your household is anything like ours, these next few months will also be when the dining room becomes a place for more than just meals. Indeed, winter hibernation includes slow mornings over a book and long evenings with your latest craft in hand.
But your dining room might need some extra love these days, especially if your home feels a bit bare sans all the holiday decor. To help, we’ve gathered up some timeless dining room looks from Instagram that will make your space feel just as cozy as it did around the holidays.
Here are five decor ideas to keep the warm vibes going in your space well into the new year.
1. Dining room library
One of our favorite chic and snug looks for the season? This dining room/dream reading space by @kateabtdesign. The best part of this look is that it doesn’t take a lot of construction chops to achieve, just a few well-placed bookshelves.
“The concept of integrating a library into a dining room has grown more popular because it adds a layer of intellectual charm and character to the space,” says designer Guillaume Drew, of Or & Zon. “Bookshelves adds a warm, lived-in feel and a unique ambiance that’s both cultured and comfortable.”
Get the look: Get your dining room library off to an exciting start with this etagere bookshelf.
2. Warm wood side table
When creating a cozy space that you genuinely want to spend time in this winter, nothing achieves that feeling quite as well as vibrant wood tones. This is especially true when the wood vibes come in the form of a spotlight piece of furniture, like this side table from @oezlem.oezsoy.
“Warm wood tones have this inherent quality of making any space feel grounded and cozy due to their connection with nature and the outdoors,” says Drew. “The rich hues and grains pair well with both traditional and modern decor and evoke a sense of durability and timelessness.”
Get the look: Give your space a homey hue with this midcentury buffet in Acorn.
3. Woven-backed chairs
Another variation on the theme of using natural materials to create a grounded, comfortable space is a woven-backed chair, such as the ones featured by @heidicaillierdesign.
“Current dining areas are overwhelmingly wood—with hardwood flooring and built-in wood storage,” says designer Courtney Wollersheim, of FLOOR360. “Choose a dining room chair that has a complementary wood tone and woven seat back to tie the space together.”
Get the look: Complement your naturally decorated space with a set of these Astrid upholstered rattan dining chairs.
4. Grand-scale chandelier
Is a high ceiling making your dining room feel more formal than comfy? Not to worry. A perfectly placed grand-scale chandelier like this one from @chairishbydesign might be the thing to change that.
“Including a grand-scale chandelier in a dining room is more than just a statement. It’s about creating intimacy and ambiance,” says Drew. “The sheer size draws the eye up, then down, illuminating the room in a soft glow and shrinking to a more comfortable scale.”
Get the look: Cast a welcoming glow over your space with this Cassi 6 chandelier.
5. Tabletop taper candles
Taper candles are having a serious moment this winter. And if you’ve been feeling like your dining space lacks a certain glowing ambiance, then a few styled candles like these from @barwny_domek will work wonders.
“Your dining room tablescape is a space to showcase things that demonstrate your heritage, thrifting talent, eco-consciousness, and seasonal flavor,” says Wollersheim. “Tapered candles complement any style while adding an elegant vintage feel with warming, cozy candlelight.”
Get the look: Shop this collection of tapered candles on Etsy, or skip the matches and opt for a few of these Wick rechargeable LED table lights.
Countrywide announced today that its foreclosure prevention efforts increased markedly over the last six months of the year, helping more than 80,000 borrowers stay in their homes.
“Countrywide is proud of the progress made toward helping our customers sustain homeownership,” said Steve Bailey, senior managing director, Loan Administration at Countrywide, in a statement
“Home retention efforts in the second half of the year increased 148 percent compared to the first six months, and we anticipate helping even a greater number of borrowers in 2008.”
The recently taken-over mortgage lender said loan modifications and other workouts accounted for 69 percent of its home retention efforts in 2007.
One such modification method is to refinance qualified subprime borrowers into prime loans. Hmm…
The Calabasas, CA-based company said it modified home loans for 55,801 borrowers last year, set-up long term repayment plans for 12,110, and put in place other workout efforts for 6,862 homeowners.
According to the company’s data released today, it also executed 7,880 short sales, 1,217 deeds-in-lieu of foreclosure, and 4,621 special forbearance plans.
Since the program was launched in late October, Countrywide has applied home retention solutions to 16,676 mortgages, greater than 20 percent of its total loan modification goal.
“We are eager to continue to work with housing industry professionals, nonprofit organizations and government agencies to communicate to homeowners across the nation that we often can prevent foreclosures, if we are given the opportunity to work with them,” added Bailey.
Recently, Countrywide ironed out deals to work with consumer advocacy groups ACORN and NACA in an effort to help more homeowners avoid foreclosure.
These groups had previously held a number of protests claiming the lender wasn’t doing enough to help stem the problem.
In related news, presidential hopeful Hillary Clinton slammed Countrywide CEO Angelo Mozilo’s proposed pay package ($36.4 million), calling it “outrageous” during an interview with CNBC-TV.
“Executives of a lot of these companies that participated in creating this very difficult set of problems we’re trying to work our way out of should not be rewarded … as they walk away,” Clinton said.
Perhaps some of that money could go towards the home retention efforts…
In the past, investing was thought of as something only wealthy people did. And unfortunately, many people used this as an excuse to put off saving for retirement, saying they would do it when they earned more money.
But if you wait to start investing, you lose out on the benefits of compound interest and shortchange your retirement savings. So, it’s best to get started as soon as possible, even if you only have a bit of money to tuck away every month.
One of the easiest ways to invest money is by using micro-investment apps. This article will explain what micro-investing is, how it works, and six micro-investing apps we recommend trying out.
10 Best Micro Investing Apps
Micro-investing apps make it easy to get started with small amounts of money and learn the basics of investing. We’ve compiled a list of the best micro-investing apps on the market today. Whether you’re a beginner or a seasoned investor, you’re sure to find an app that fits your needs and investment goals.
1. Robinhood
Account minimum
Margin accounts, ETF’s, crypto
Great for beginners!
Robinhood aims to make investing accessible to everyone, which is evident in the fact that the company doesn’t charge any commission or management fees.
In addition, there’s no charge to open a brokerage account, and bank transfers are free as well.
The app is designed for beginners, so there is no confusing terminology, and the interface is easy to use.
Unlike other micro-investing apps, Robinhood lets you trade full stocks and cryptocurrencies like Bitcoin. However, it doesn’t offer mutual funds and bonds.
Check out our in-depth review of Robinhood.
2. Axos Invest (Formerly WiseBanyan)
Account minimum
New investors
or goal-based investing
You can get started with Axos Invest (formerly known as WiseBanyan) for just $1. The company doesn’t charge any trading fees for the most basic version. But if you upgrade to one of the premium versions, the company does charge fees.
Axos Invest focuses on goal-based investing, so once you sign up, you’ll be prompted to create your first “Milestone.”
Then, you’ll enter how much you want to save and by what date. From there, Axos Invest recommends how much you should save to reach your goal.
3. SoFi Invest
Account minimum
$0 for Automated Investing
$1 for Active Investing
Active and Hands-Off Investors
SoFi is a well known brand in the personal finance space, and their investing app is another high quality product.
This investment service provides users with the ability to either trade actively or opt for automated trading tools to take care of your account.
SoFi is geared towards trading in fractional shares, which they refer to as “stock bits”. This means the app is a solid choice for those wanting to invest their spare change.
You can also tap into savings accounts or make larger deposits to add more to your investment accounts.
4. Plynk
Account minimum
$2 per month
New investors
Plynk is designed to guide your learning while you begin to invest. The Plynk app offers investors access to a selection of stocks, ETFs, mutual funds and four cryptocurrencies. And you can start investing with just $1.
One of the best things about Plynk’s platform is the straightforward, easy-to-understand language. You won’t find technical jargon or complex charts and tables.
The Plynk app also allows investors to easily set up dollar-cost averaging, which is an ideal investing technique for many new and experienced investors.
5. Webull
Account minimum
Active traders and investors
Webull is a stock trading app offering free stock trading as well as free trades on ETFs, options and cryptocurrencies.
Webull also allows users to trade fractional shares, making it a great choice for micro investing.
Webull provides users with plenty of powerful tools to assist with in-depth trading analysis, making it a solid option for active and experienced traders. Plus, setting up a Webull account is free and there are no account minimums to worry about.
6. Stash
Account minimum
$1 per month
New investors
or tax-advantaged retirement accounts
Stash is another hands-off micro-investing app designed for beginner investors. After you sign up, Stash will ask you a series of questions to determine your tolerance for investment risks. You will be labeled as a conservative, moderate, or aggressive investor.
One of the unique things about Stash is that you can choose the types of companies you want to invest in. So if there is a particular cause or type of company that you’re interested in, you can set that in your investing preferences.
After you’ve chosen the types of companies you’d like to invest in, you’ll set up your “Auto-Stash.” You choose how much you want to invest and how often.
7. Public
Account minimum
(1-2% markup on crypto)
Young investors
Public.com is a blend of both investment and social media platforms. It’s designed for younger and socially oriented investors who would like to own fractional shares of stocks and ETFs.
You can share ideas within a community of like-minded investors. You might think of it as a kind of investing social network.
The aim of Public.com is to create an inclusive and educational community focused on stock market trading and investment.
For young investors who wish to align their social and investing preferences, as well as learn from other investors, Public.com is a great option.
8. Betterment
Account minimum
Low balance investors
Goal-based investing
If you’re looking for something a little more hands-on, then Betterment might be a suitable option for you. Betterment gives you the option to work with a financial advisor who can make investing recommendations.
There are two different plans to choose from, and the most basic plan doesn’t require any upfront balance to get started.
Betterment is a great option for anyone who wants an easy investing option while still maintaining a bit of control over their investment portfolio.
9. M1 Finance
Account minimum
Experienced Investors
M1 Finance might be the best micro investing app for more experienced investors. It is ideal for those looking for customized investment portfolios with some automated options, as well as those looking to set up commission free retirement accounts.
Purchasing fractional shares, setting up recurring deposits and extensive portfolio management options is easy with M1 Finance’s quality app. M1 Finance aims to be a singular personal finance app for building wealth and establishing a diversified portfolio.
Above all, M1 Finance makes investing easy. Simply deposit your funds, set your stock and index selections and use their automated service for commission free trading.
M1 Finance will also automatically rebalance your portfolio in accordance with your stated asset targets, to improve the overall performance of individual stocks.
10. Acorns
Account minimum
$1 per month
Hands-off investors
(e.g., College Students)
If you want a hands-off approach to investing, Acorns will be your best bet. After you sign up, you’ll connect your credit card or debit card to Acorns.
Then, whenever you make a purchase, Acorn rounds it up to the nearest dollar and deposits that “spare change” into your investment account.
For instance, if you make a purchase of $9.67, Acorns will save the additional 33 cents for you. Once your Acorns account reaches $5, the company will invest the money for you.
Acorns also gives you access to a robo-advisor, IRAs, and even a checking account.
What is micro-investing?
According to one survey, more than 47% of Americans are not saving for retirement. When pressed about their decision not to invest, over 34% said they don’t have enough money to invest.
The basic premise behind micro-investing is that you only need a few dollars to start investing. When you use a micro-investing app, you invest in very small increments by buying fractional shares.
With a micro-investing app, you can invest as little as $5. And with micro-investing, you don’t have to know anything about the stock market. The money you save is put in a portfolio of stocks that the company creates for you.
Is micro-investing even worth it?
Micro-investing will not get you rich, and it’s not going to help you fund your retirement goals. For that reason, it’s easy to write micro-investment apps off as not being worth your time.
But every day you put off investing is one less day that your money can grow in the market. So, you can wait until you feel like you have “enough money,” or you can work with what you have today.
Here are just a few benefits of using a micro-investing app:
Invest with very little money: Micro-investing platforms allow you to invest, even if you only have $5 to spare. So if you can skip your morning latte, then you have enough money to give micro-investing a try.
Save it and forget about it: It’s hard to set aside money in a savings account. You know it’s there, and it’s easy to access and spend. With a micro-investing app, it’s easy to save your money and forget about it.
Build positive habits over time: Anytime you’re trying to build a new habit, it’s best to start small. Micro investing allows you to ease into investing, and you can start saving more money when you’re ready.
See also: How to Invest: A Basic Guide to Making Your Money Grow
Pros and Cons of Micro-Investing Apps
While it’s true that micro-investing provides many benefits, they’re not necessarily the right choice for everyone. It’s worthwhile taking the time to understand the all nuances before committing financially.
Pros
24/7 Access
Using a micro investing app allows you full access to your investment account around-the-clock. You won’t ever have to worry about opening hours or holidays getting in the way of your ability to monitor and manage your funds.
Easy Fractional Investment
Traditional investment in stocks and ETFs requires large amounts of funding, but micro investment means you purchase fractional shares quickly and easily. This means you can begin your investment portfolio with your spare change, rather than hundreds or thousands of dollars.
Low Account Minimums
Another factor which makes micro investment apps attractive are the low account minimums. Most micro-investing apps have $0 minimum balance requirements, so you can begin investing with as little as you wish.
Safety
As with traditional investment accounts, legitimate micro-investing platforms will be registered with the U.S. Securities and Exchange Commission. On top of that, all savings and checking accounts with micro investing companies are FDIC insured.
Cons
Fees Can Be High
Account fees can vary, so it’s important to watch out for this. Don’t assume that an account with low minimums will also have low fees. If you’re only investing small amounts, paying high fees might not seem like a good deal in the long term.
Limited Investment Choice
Most micro investment apps won’t allow you to handpick the stocks inside your portfolio. While you will have choice regarding which set portfolios you invest in, you’re less likely to be able to pick and choose specific stocks.
Won’t Change Your Retirement Plans
One thing to keep in mind is that using a micro investment app won’t do much to affect your retirement on its own. It’s more about learning good investment habits, and getting familiar with maintaining and growing a portfolio.
Features of the Best Micro-Investing Apps
So, how do you decide which micro investing app is the right one for you? We’ve compiled a list of the most important features below to help you know what to look for. The best micro investment apps will have the following qualities:
Ease of Use
Fundamentally, the best micro investment apps will be easy and intuitive to use. They are often free of the usual clutter and jargon of some traditional brokerage accounts. With simple, easy to navigate interfaces these apps should provide an enjoyable user experience for all.
Low Minimum Investments
Good investing apps should allow you to access the market with just a few dollars. This is possible because they’re designed to allow you to purchase fractional shares of ETFs and other assets. Not all investing apps will come with a low minimum investment, however, so be sure to check if you’re a low budget investor.
Diversified Investment
The best investing apps will provide users with the chance to invest in diverse portfolios which are automatically generated. Asset allocation and diversification can be challenging even for experienced investors, so this is a great feature of these apps.
When you’re starting out as an investor, the sooner you can learn about diversification the better. And these apps should make it relatively easy for you to both practice and learn about asset diversity.
Educational Tools
As most micro investing apps will be marketed to newcomers, education is an important factor. If you’re just starting out with investing, then the best micro investment app for you will likely provide a wealth of educational resources and advice.
Keep in mind, however, that most micro-investing apps won’t offer access to a professional financial advisor.
Recurring Transfers
The best investing apps allow you to easily set up automatic transfers from your bank account to fund your investment account. A recurring transfer can remove some of the human error involved in managing your account and allow you to quickly build up a habit of funding your account.
Additional Services
While some apps are minimalist and simple, others come with the option of additional financial services. In addition to brokerage accounts, some offer access to a savings or checking account, as well as IRA and custodian accounts. Depending on your own financial goals, an app with additional services might be worth the extra fees.
Final Thoughts
Micro-investing apps make it simple for anyone, even those with just $5 to spare, to begin investing in the stock market. The apps we’ve covered in this article provide a great starting point.
While micro-investing might not cover all your retirement needs, it’s a smart way to begin saving, especially if your budget is tight. The crucial thing is to start investing and gradually increase your contributions over time. This way, you’re setting yourself up for a better financial future.
Frequently Asked Questions
Which micro investing app has the lowest fees?
Among the micro-investing apps listed, Robinhood, Axos Invest, SoFi Invest, Webull, Public, and M1 Finance all offer commission-free trading, which means they do not charge fees for buying or selling stocks and ETFs. So, you can consider any of these apps if you’re looking for a platform with low fees for micro-investing.
Which app is best for small investments?
Choosing the best app depends on your own budget, needs and goals. The market for micro investment apps has grown rapidly, and there are a lot of different options out there.
The list we’ve compiled in this article are our top picks, and are among the best micro investing apps available. These apps make it easy and convenient to begin investing. They also provide various unique features, low fees, good customer support and educational resources.
Who should use micro investing apps?
Micro investing apps are a fantastic way to begin investing small amounts while you learn the ins and outs. But who will benefit the most from using these apps?
Beginner investors: These apps are perfect for young investors and newcomers because you only need a small amount of money to start.
Passive investors: Most of them are actually robo-advisors which invest on your behalf based on your needs and budget. This automated investing allows you to establish a diversified portfolio based on your goals that you can simply set up and forget about, letting it work away in the background.
Emotional investors: Automated investing means you can’t make rash emotional decisions based on market swings. Instead of constantly worrying about market performance, you just invest small amounts and build your portfolio slowly over time.
Can you get rich from micro investing?
Micro investing is primarily a strategy for saving and building wealth gradually over time. While it’s a valuable tool for starting your investment journey with small amounts of money, it’s important to have realistic expectations. It’s unlikely to lead to rapid wealth accumulation or “getting rich” in a short period.
How do I start micro investing?
Investing today is more accessible than ever before. Nevertheless, it still seems an intimidating world for those who have no experience or education. If you don’t know where to start, you can follow these steps to begin investing with confidence:
1. Decide Between DIY or Automated Investing
If you’re not yet comfortable choosing your own investments, and managing your own portfolio, you’ll want to start with robo-advisor investing. It’s totally normal for beginners to feel uncomfortable choosing stock to invest in, and automated investing is the safer option in any case.
2. Identify Your Investment Goals
This is often the hardest step for new investors, but it’s one of the most important. Figuring out your short and long term financial goals will help bring purpose and structure to your investment decisions.
Generally speaking, investing is successful when considered a long term project. You’re much more likely to find success with investments by holding stock long term, rather than trying to figure out when the best time to buy or sell is.
3. Determine Your Monthly Investment
The traditional advice is to save and invest 20% of your monthly income. With the rise of micro investing, however, you don’t even need to invest much to begin with.
It’s important to pick an amount you can reasonably commit to. Of course, you can always change your automatic investment amount, or just add on extra when necessary, but it’s always better to set it and forget it. Even if it’s a small amount, consistency and time and the key ingredients to good investing.
4. Choose an Account That Fits Your Goals
Once you’ve got your budget and goals determined, it’s time to choose a platform to begin investing with.
Keep in mind that you can always switch the platform you use for micro investing, use more than one, or even open a brokerage account. Just make sure to take all fees into account before you sign up and get committed.
Are there any limitations on the types of investments I can make with these apps?
Micro-investing apps typically focus on stocks, ETFs, and sometimes cryptocurrencies. While they offer a wide range of investment options within these categories, they may not provide access to more complex financial instruments like options, futures, or mutual funds.
Flowers have the remarkable ability to elevate the decor of any home. Whether you live in an apartment in Irvine, CA or a home in Lexington, KY, adding a touch of elegance and freshness to your living spaces will make a positive impact. Whether you’re a seasoned floral enthusiast or just starting, these expert tips will help you enhance your home’s floral decor.
1. Embrace neutral tones for timeless elegance
“When in doubt, use neutral tones. Colors like white and green compliment any space regardless of decor choice, while also adding a touch of modern elegance,” shares Stephanie from Mercer Island Florist.
Neutral tones act as a canvas, allowing your flowers to take center stage. White lilies, green foliage, and soft creams create a serene atmosphere that complements any interior style.
2. Focus on flower variety, space, and placement
Flowers can freshen up any space, but their impact depends on the flower variety, space, and placement. Justine Aylward, Program and Category Manager at Floral at New Seasons Market, advises, “For higher spaces like mantles or bookcases, go dramatic with tall and draping flowers and branches to make a statement. Try tall flowers, such as lilies or sunflowers that drape a bit with an accent flower like hanging amaranthus.”
3. Match containers to your home’s style
According to Lawrence The Florist Team, “Choose containers that mimic your home’s style, whether it’s new or vintage, to inspire your arrangement’s design. Bring the beauty of the Pacific Northwest into your home by choosing local seasonal foliage and flowers with your favorite colors and textures whenever possible.”
Selecting containers that resonate with your decor style can fluidly bring your space together.
4. Maintain freshness for longer lasting blooms
“Flowers do best away from direct light and kept as cool as possible. Even putting them in a cool dark room when you are not home enjoying them can extend their life. I also recommend a re-cut of the stems at an angle and changing the water often,” states Ann Vandehey, owner of Annabell’s Garden & Floral Design.
A recut of the stems at an angle and regular water changes keep your blooms vibrant for longer.
Owner of Goldenrod Floral Design Carlee Donnelly, advises, “When choosing or designing flowers for your own home, always, always strip any bottom leaves or foliage from the stems. Leaving foliage in water will cause your flowers to die faster.”
“The key to longer-lasting blooms is fresh, clean water,” says the Ribbon and Twine Floral Team. “Remove all leaves and dirt from the stems before placing them in the vase and refill with new water every few days.”
Clean water and removing foliage is essential for keeping your floral arrangements vibrant.
5. Embrace seasonal blooms
Cory Beckman, Owner of Milwaukie Floral and Garden, emphasizes the importance of freshness, “Fresh is best. Local flower shops refresh selections all week long, but in my professional experience shopping midweek guarantees a good selection of fresh blooms.”
“To add cheer to a room or spruce up your decor, keep it simple and fresh by asking your florist for the flowers that are currently in their peak season,” says Laura Gifford Kerr, Owner of Gifford’s Flowers.
Seasonal blooms not only reflect nature’s beauty but also align with the changing seasons, keeping your decor fresh. Choosing flowers that are in season ensures their quality and affordability.
“Pick flowers that are in season, even going with a bunch of the same flower. Keep it simple,” suggests Owner of Emerald Petals, Hilary Holmes. Single-variety blooms gathered in your favorite vase create a timeless and elegant look that suits any decor style.
6. Choose containers wisely
“Use an opaque container that will disguise any discoloration in the water,” advises The Flower Lab Team. “Ask your florist for a design that reflects the home’s style, such as modern garden style, or architectural for the most appropriate style.”
Containers play a crucial role in enhancing your floral arrangements’ visual appeal and blending with your home’s decor.
7. Create a living arrangements for longevity
Val Wayne of Acorn Floral recommends creating living arrangements. “Start with a decorative planter, choose a few orchid plants from your local grocery store or garden center and a few small 2 inch potted plants and assemble them pot and all inside your decorative planter. Then use crumpled butcher paper to wedge all the plants in place and cover with sheet moss. These living arrangements can run up to hundreds of dollars retail, but you can DIY one for under $100.”
Living arrangements are ideal for home decor because they can last for months and instantly elevate a space. It’ll be worth the cost when you consider the shelf life.
8. Combine flowers with herbs for aromatherapy
According to Lisa Aliment of Bear Creek Florist, “Growing herbs like sage, mint, or rosemary isn’t just for cooking anymore. Add those clippings to simple flower bouquets to add more aromatherapy to the room.”
The combination of flowers and herbs can engage multiple senses, enhancing the ambiance of your space.
9. Set the mood with color and design
“When selecting flowers for your home, think about the feeling you are trying to create,” advises Jennifer Silberg, Owner of Juniper Blooms. “Colorful, vibrant flowers bring a lively energy to the room, while a soothing neutral palette provides a more calm and peaceful environment.”
Consider how the flower arrangements can guide the viewer’s gaze around the room, whether through tall, eye-catching designs or low, intimate ones.
10. Brighten every room with small bunches
The One Little Bunch Team suggests, “Smaller bunches placed throughout the house will brighten up each room. A little bunch in the bathroom adds freshness and a pop of interest, or add a little bunch to your side or entry hall table for a welcoming surprise.”
Small floral accents can elevate the ambiance of every corner of your home.
11. Improve your mood with bouquets
“Flowers are not only beautiful but studies have shown that people report reduced stress levels when receiving bouquets or having flowers in their home after just 3 days,” says Melissa Mercado-Denke, founder of Campanula Design Studio. “Keep it simple – just a few bud vases in areas you spend the most time such as your kitchen or bedroom will have a positive impact on your mood.”
12. Create nostalgic vibes with flower choices
Juliet LaVassar, designer at LaVassar Florists, recommends selecting flowers that evoke memories: “Smell and memories are closely related, according to a 2020 Harvard study. Having flowers around that remind you of loved ones or life events brings joy into your home.”
Personal touches in your floral decor selections add a sentimental dimension to your home.
Incorporating these tips into your home decor journey will not only enhance your living space but also infuse it with the timeless beauty and natural charm of flowers. Whether you opt for dramatic arrangements or simple single-variety bouquets, the right flowers can transform any room into a sanctuary of color, fragrance, and elegance. So, let your creativity bloom and watch your home come to life with the magic of flowers.
As fall comes into view, so is your seasonal home decor pivot. Out goes the candy-colored gingham prints and linen sheets, in comes the rich velvet throw pillows, faux fur blankets, and rich earthy decor. Considering September is just days away, you don’t have much time to get your living space in autumn mode before Labor Day. That said, many of your favorite home brands and retailers have already showed their cards, launching their upcoming fall home collections for the colder months ahead.
So, if you’re ready to bid adieu to your summer-specific accent items — or maybe you simply want a head start on refreshing for the new year — the latest offerings hitting shelves will help you do just that. And that doesn’t mean you need to go full fall, with acorn and leaf themes or red, orange, and brown color palettes (although it’s worth noting MacKenzie-Childs’ new collection honors traditional seasonal motifs in the chicest way). No, you can lean into the season shift with cozy yet modern swaps that’ll make your living space look like a comforting and sophisticated sanctuary.
Maybe that means investing in an earthy-toned rug or a soft, textured camel-colored couch. Whatever the move, now’s the time to do it, as fall soireés and football Sunday gatherings are looming. Ahead, TZR has gathered six of the best fall home collections that are already ripe for the taking.
CB2
This season, CB2 is sticking to what it knows: quality home decor. Manifesting as rich-colored velvet sofas and modern lighting styles, the new drop “embodies CB2’s philosophy that luxurious pieces should be accessible and approachable for all.”
Lulu & Georgia
Lulu & Georgia are thinking outside a orange-focused fall color palette by leaning into warm neutrals and the occasional pop of soft pink. The brand’s latest collection reads very sophisticated, and feels especially suited for minimalist aesthetic.
H&M Home
H&M recently made headlines when it announced the launch of furniture and lamps in the US. If you haven’t run out to scoop up one of these affordable new gems, now is your chance.
Misette
Launching September 1, Misette’s new fall and winter collection is inspired by both “the mesmerizing intricacy of Moroccan tiles and the warm, rich colors of a vintage ski chalet.” Think hunter green glass candle holders, bright embroidered napkins, and colorful placemats.
MacKenzie-Childs
Leave it to MacKenzie-Childs to create signature fall decor that reads more elevated than it does cheesy. The brand recently launched its fall collection, which includes a colorful and joyful wreath, gourd center pieces, and sweet acorn decor accents.
Arhaus
Arhuas, which focuses on artisan-created home essentials, is introducing brand new furniture items like Amira Sofa and Cormac Dining Table this season. All designed to tap into “warmth and bring elevated comfort,” these options boast rich, neutral tones that’ll work for any aesthetic.
Studies show that college tuition increased by 134% at private colleges and 175% at public universities from 2003 to 2023. So, for many families, these rising costs are making it harder to afford a college degree. To help cover these costs, many families and students start saving for college to help avoid student loans. There are many options you can use to help save money for college. For example, a 529 savings plan is specifically designed to help families save for college. However, this type of plan isn’t right for everyone. Keep reading to learn more about the pros and cons of 529 plans.
Quick Answer: 529 plans are tax advantaged savings plans to help pay for educational expenses.
In This Piece
What Is a 529 Plan?
A 529 plan is a college savings account. It provides parents, grandparents and even other interested parties a tool for saving money for their loved one’s college. In some cases, prospective students may be able to set up their own 529 accounts. The goal of a 529 plan is to save money for several years and then use this money to cover the costs of college. Similar to an IRA account, a 529 plan is an investment account. So, you have the potential to earn interest over the years.
Types of 529 Plans
There are many 529 plans to choose from but only two basic types. The most popular type of 529 plan is the savings plan. With this type of plan, you can use the money you save for tuition and related costs at any eligible university. In fact, you can even use these funds to cover private school expenses for grades K-12.
The second type of 529 account is a prepaid tuition plan. With this type of account, you’re prepaying tuition fees now to cover the cost of attendance later. The benefit is that you can lock in tuition rates well before going to college. The downside is that you’re limited to which universities and colleges the student can attend.
Tax Advantages of 529 Plans
Unlike 401(k) plans, you make 529 contributions with post-tax dollars. However, many states offer tax credits or tax deductions on annual contributions made to 529 plans. The good news is that distributions from 529 plans are tax-free as long as the money is used for qualified educational expenses.
How to Open a 529 Plan
Once you know what type of 529 plan you want to invest in, you should compare various options. Be sure to review all costs involved when making this comparison. If your state offers tax credits or deductions for 529 accounts, you may want to select an in-state plan.
When you’re ready, you can handle the application process yourself or seek the support of a financial advisor who can manage the account for you. If you have concerns about debt collectors having access to your 529 account funds, you may want to speak to a financial advisor about setting up an estate.
Once the account is open, you can make regular contributions to it throughout the year. There are also some 529 credit cards that automatically transfer cashback rewards to a 529 plan.
Who Can Open a 529 Plan?
Anyone can open a 529 plan, including parents, grandparents, aunts, uncles, and other friends and family members. You do have to designate a beneficiary for the funds in the account. Keep in mind that you may face a 10% penalty if you use the money for any purpose other than a qualified expense.
How Much Does a 529 Plan Cost?
The cost of maintaining a 529 account varies from plan to plan. You can expect to pay a variety of fees, including enrollment fees and account management fees. If you work with a broker, you may also incur brokerage fees.
How Much Can I Contribute to a 529 Plan?
There are no annual limits to how much you can contribute to a 529 plan. However, for IRS purposes, contributions up to $17,000 (for 2023) can qualify as a gift. You or a loved one, such as grandparents, can also superfund 529 plans with lump-sum contributions of up to $85,000, but it must be prorated over the next 5 years.
How Many Times Can You Superfund a 529?
There’s no limit to how many times you can superfund a 529 plan. However, you can’t exceed the state’s aggregated limits and shouldn’t contribute more than the gift limit for the year.
How Much to Save for College
According to recent studies, the average cost of college tuition and fees is $10,423 per year for public college and $39,723 per year for private college. If you plan to attend college in state, you may want to view the state’s aggregate limits, which are based on average tuition costs in the state. Once the 529 account balance reaches this maximum level, you can’t make any more contributions.
Who Maintains Control Over a 529 Plan?
The person who sets up the account maintains full control over the 529 account. The owner of the account determines when funds are distributed and the amount of each distribution. The funds must go to the beneficiary, but the owner of the account has the ability to change the beneficiary.
Does a 529 Affect Financial Aid?
When completing the Free Application for Financial Student Aid (FAFSA), you list funds in a 529 account as an asset. If this is a parent’s account, it typically has little impact on financial aid eligibility. However, if the funds come from an account established by a grandparent or other party, it’s treated as cash support. Depending on the value of these funds, these contributions can have a significant impact on eligibility for financial aid.
Qualified Expenses
For distributions for a 529 account to be tax-free, the student must use the funds for qualified expenses. These expenses include:
Tuition
Room and board
Textbooks
Computer
School supplies
How to Withdraw Funds
Funds can be withdrawn at any time by completing the required withdrawal form. Also, keep in mind that only qualified expenses are tax-free. Before requesting a withdrawal, be sure to calculate all your expenses to avoid taking out too much money. You also need to take the money out of your account the same year it will be used.
What If the Child Doesn’t Go to College?
It’s important to understand that you don’t lose your money if your child decides not to go to college. You have two options. First, you can transfer these funds to another beneficiary, such as another child or grandchild. Secondly, you can withdraw the funds.
What Happens to Money Not Used?
If you choose not to use these funds on qualified expenses, you’ll face a 10% penalty and you must pay taxes on all distributions. But, there are some exceptions to this rule. If your child receives a scholarship for college, enters the military academy, or becomes disabled and unable to attend college, you may be able to waive the 10% penalty.
Alternatives
There are a few alternatives to 529 college savings accounts, such as:
Custodial brokerage account. A custodial brokerage account doesn’t provide any extra tax benefits. However, it does give you the freedom to save as much as you want and use it for any purpose.
Roth IRA. A Roth IRA is typically for retirement savings, but in many cases, you can also withdraw funds without penalty for education purposes. However, this account does have annual contribution limits.
Cordell education savings account. The Cordell education savings account is similar to a 529 plan. But, there are strict income eligibility guidelines. Additionally, you can only contribute $2,000 per year per child.
Acorn Early. Help your child start investing money early with Acorn Early to help pay for college.
With a little planning and dedication to maintaining regular savings goals, you can help your child pay for college expenses more easily. Understand the pros and cons of 529 plans before moving forward.
Last week, consumer advocacy group ACORN broke into a foreclosed home in Baltimore to reclaim ownership for a past homeowner, leading to the arrest of one its members.
The incident gained widespread media attention because of the length ACORN has gone to fight foreclosures, displaying acts of so-called “civil disobedience,” but it also left the group exposed to some harsh realities.
It turns out the former owner, Donna Hanks, purchased the property in 2001 for $87,000, and later refinanced it for a whopping $270,000, according to records obtained by Michelle Malkin (she did a good write-up here).
Obviously, a substantial amount of cash-out was taken at the time, as the property value increased more than three-fold in five short years.
Now it’s unclear where that money went, but it does put into question her role as “victim.”
Hanks went into foreclosure proceedings in the spring of 2006, and filed for bankruptcy protection months later, agreeing to pay $10,500 in arrears to halt said foreclosure.
The court ordered Hanks’ employer to deduct $340 per month from her salary to pay down the debt, but she failed to comply, leading to a second notice of default.
The home was eventually foreclosed on in 2008 after failure to make good on missed payments, leading to the ACORN break-in last week.
The problem, of course, is Hanks painted herself as a victim at the hands of the merciless mortgage lenders, choosing to complain about her increased mortgage payments instead of owning up to her missteps that led to the foreclosure to begin with.
And while banks and mortgage lenders have clearly played their part in the ongoing mortgage crisis, homeowners too have taken advantage of the unprecedented rise in home prices, which is perhaps what’s making a widespread bailout so difficult to swallow.
The break-in was part of ACORN’s latest campaign, which calls for a 90-day foreclosure moratorium on all mortgages so they can be modified into sustainable loans.
Thoughtful gift-giving takes time, especially if you are going to make the gift yourself. So here is a list for you, in plenty of time, so you can get started planning budget Christmas gifts this year.
Food Gifts with Wow-Factor
For the most part, food gifts can be made individually or in batches if you want to give something small to a large number of people. Obviously, with food items, you should wait until much closer to Christmas to make them, but it’s a great idea to start looking for the other items you’ll need for these gifts like mason jars, baskets, and ribbon so you can buy them on sale.
Of course, if you want to get some practice in so you can perfect your gifts, it’s much better to start now anyway! Many of these gifts are great for other occasions too, by the way. Recipes for most of the food presents can be found on Pinterest and elsewhere, but here are some ideas to get your taste buds thinking.
1. Made-from-scratch cookie kits. Get the dry ingredients of your favorite cookie recipes together, along with some mason jars, note cards, and country-style ribbons. Layer all the dry ingredients in the mason jars and screw the lids on tightly, print the recipe on note cards using an old-fashioned kind of font, and tie them to the jars with ribbon.
2. Themed food-gift baskets. Will you can your own pasta sauce over the summer? Use a colander for a basket, add some garlic bulbs, gourmet noodles, and a wooden spoon — a little taste of Italy.
Make a breakfast basket (syrup and pancake mix), a movie basket (popcorn, candy, and a movie rental coupon), or a gardening basket (a trowel, a gardening hat, and some packets of seeds).
3. Homemade granola. Low-cost, basic ingredients turn into toasted goodness and don’t require a fancy kitchen to prepare. Granola blends can be customized easily to suit your taste by adding different ingredients like raisins, nuts, cinnamon, dried cranberries or cherries, sunflowers seeds, coconut, wheat germ, etc. Begin with a couple of mini-batches to fiddle with your recipe until you are satisfied with the result.
4. Homemade truffles. Like homemade granola, homemade truffles can be tweaked to your preferences. Chocolate raspberry or strawberries and cream are just two examples. And you can cover them with all sorts of deliciousness like crushed nuts, mints, or toffee bits. Upside? Yum! Downside? They should be made only a short time before giving, and eaten soon after.
5. Gingerbread houses. Give them to the little kids (and the big kids) in your life. You can find gingerbread house kits or, if you bake, you can certainly build a better house from scratch. Make it a party! Invite friends or family to join in the decorating and then donate some to a local senior center.
6. Homemade almond roca or other Christmas candies. Never heard of almond roca? How does a mixture of sugar, almonds, butter, and chocolate sound? That’s what I thought. If you don’t make almond roca, any other type of Christmas candy will be fine too!
7. Freezer meals. If you have someone on your Christmas list who is in a busy season of life (working two jobs, attending college, or adjusting to life with a new baby), they would appreciate freezer meals. Package up a few of your favorite casseroles, clearly labeled with cooking instructions, and you’ll have someone’s gratitude for life. For an extra-nice touch, package the meals in reusable containers.
8. Infused olive oils.An infused olive oil can add interesting undertones to dishes. Infuse them with spices, herbs, citrus, or nuts. These infused oils need to be stored in the refrigerator, so include storage instructions with the oils.
9. Infused Vinegars. Add another layer of complexity to dishes with infused vinegars. Infuse vinegar for two to four weeks with berries or herbs and package them in interesting bottles. Now is the time to look for inexpensive, beautiful bottles.
10. Other food ideas. If you have any food specialty (homemade bread, canned goods, or cookies, for example), most people would love it.
11. Gourmet salt assortment. Buy large containers of a variety of unique salts (you may have to visit a gourmet food store), and then divide the salts into small Ziploc bags. Be sure to label the bags to include a bit of info about each variety. (You can create similar gifts with other items, of course!)
12. Spice sampler. Bulk spices can make an affordable and appreciated gift for anyone who loves to cook, or who is moving into a new kitchen. Don’t know which spices to choose? Find some tempting recipes that call for exotic spices, then include the recipes with the spices. Or, get creative and make a custom spice blend for a meat rub, marinade mix, salad dressing kit, dip, or seasoning.
13. Homemade vanilla. Homemade vanilla is simple to make, but it does take some time. Split three vanilla beans in half with a sharp knife, place in a clean glass jar, and then cover with vodka. Store the jar in a cool, dark place and don’t forget to shake it every so often. Although the vanilla extract is ready after six to eight weeks, you can continue the process for darker vanilla, if desired.
14. Food of the month. If you enjoy cooking or baking, how about giving someone a membership to your own “food of the month” club? (Never mind that they are your only member and you just made it up.) You can make a different kind of food each month or keep the same general theme (dessert, maybe?). This is a gift that will bring joy all year.
15. Flavored hot chocolate. Homemade hot chocolate is delicious and simple to make. For extra pizazz, add flavors like butterscotch, mint, or cinnamon, just to name a few.
16. Homemade marshmallows. For flavor so much better than you can buy, make homemade marshmallows for someone on your list!
17. Flavored sugars. For a special gift, make flavored sugars! Adding lemon or orange zest, a vanilla bean, or lavender to sugar can impart complex notes to baked goods. Package the sugar in cute jars, paired with a fun label.
18. Salted caramel sauce. Ah, salted caramel sauce. How can something with just four ingredients (cream, butter, sugar, and salt) be so good? And so versatile? (Eat it with a spoon, on ice cream, over cinnamon rolls, or with apples.)
This should be stored for just about two weeks in the refrigerator, so don’t make it too far ahead of Christmas or you might be tempted to eat it yourself!
19. Homemade eggnog. While homemade eggnog (if you like eggnog, that is) is absolutely delicious, it doesn’t keep long in the refrigerator — and not just because it tastes terrific. If you make this, prepare by getting your ingredients ahead of time, but don’t make it until the day of (or a day before) your gift exchange.
Frugal Gifts with Free/Used/Cheap Stuff
Even though these ideas don’t cost a lot of money, they do require time and thought to implement something that is sure to make your recipient feel special.
20. Personal gift certificates. In essence, these are gifts of time, but they make great gifts. Give new parents a gift certificate for a night of babysitting so they can enjoy a night on the town. Are you good with computers? Give your brother-in-law a gift certificate for free computer repairs.
21. Love coupons. This gift is similar to coupon books or gift certificates but is targeted to your significant other. Let your recipient redeem a coupon for a dinner out, for a back rub, or for an evening together watching their favorite movie.
22. Helping hand. This is also similar to making a coupon book. If you notice your father-in-law’s landscaping is overgrown, offer to spend a Saturday as a gift. If your daughter’s closets are out of control, she might appreciate help with organizing too. Perhaps an aging family member needs your help sorting through household goods in preparation for an estate sale or moving into a care facility.
The wonderful thing about handmade gifts, no matter how frugal, is the thought that goes into the making. Katie O’Connor
23. Up-cycled old tins. Here is a fun way to breathe new life into last year’s Christmas cookie tin. Find some spray paint (leftover from another project, preferably) and spray over the old Christmas scene. This could be the packaging for other Christmas gifts mentioned here too.
24. Teach a skill. Do you have useful skills? Someone on your list may want access to your sewing or carpentry skills. Don’t overlook things like bike repair, baking, gardening, or your financial know-how. Sometimes we have a blind eye to our own assets. Ask a friend to tell you which of your skills may be in demand and then figure out how to offer this skill to others.
25. Finish a project. Who doesn’t have an unfinished craft project somewhere or a remodeling or gardening project that isn’t finished? These undone wonders are just waiting for someone with the time to finish them.
If you are a knitter, for instance, you could offer to complete that pair of mittens for a family member. Or maybe the weekend carpenter on your list got everything done on the remodeling project except for trimming out the windows. Your offer to help finish the project would help both of you!
26. Framed page from favorite children’s books. Are some of your favorite books from your childhood falling apart? Well-loved books, read hundreds of times, tend to fall into disrepair. But framing a page from a favorite childhood book can help the book (and the memories) live on.
27. Create a secret old book. Find a cheap, musty, old classic at your nearby Goodwill or used bookstore. Glue the pages together, and use an X-Acto knife to hollow out the center of the book. Now the recipient can store his or her treasures!
28. Holiday recipe booklet. Create a collection of your favorite holiday recipes, and then include it with a small assortment of samples.
29. Artwork display frame. Frames are often expensive, so look for out-dated paintings at thrift stores. Keep the frame; toss the painting. Any of your farmer friends might have some chicken wire to spare, so take the old frame and staple chicken wire to the back. Include a package of tiny clothespins with your gift so photos or artwork can be attached.
30. Personalized dishes. Another fun way to use an old white plate or tray is to make a customized platter/plate. Write words or draw patterns on the plate with colored Sharpies. Then, bake the plate at 250 degrees for about 20 minutes to make your artwork permanent.
31. Teacup candles! You’ll need craft-store wicks, wax (or old candles) that can be melted down, old teacups, and maybe a fragrance or two. Pretty single teacups (with or without saucers) can often be found at thrift stores for less than a dollar.
Melt the wax in a double boiler, add a fragrance if desired, then support the wick standing in the teacup while carefully filling the cup with wax. As the wax cools, it will contract and form a well. You can add more melted wax of the same color or add a second shade. Beware of cups with obvious cracking; the hot wax may cause them to shatter.
Arts and Crafts — and a Hodgepodge of Mod Podge
With even the most basic artistic skills, you can create budget Christmas gifts. Here is a list of possibilities to trigger your creativity.
32. Homemade hand warmer. Live in a cold climate? Give your friends the gift of warmth with a homemade hand warmer you personally made for them. If you know how to make a beanbag, you know how to make a hand warmer. Use wool, cashmere or felt material; but instead of filling the bags with beans, fill them with ceramic pie weights. To use these toasty treasures, simply microwave them for a couple of minutes and then slip them in your pockets.
33. Tote bag pocket inserts. For those with decent sewing skills, make a tote bag even more user-friendly by sewing an insertable pocket for tote bags. Attaching the pocket to the tote bag straps from the inside will hold the pocket in place while creating another area of storage in the bag.
34. Sweater bag or pillow. Breathe new life into an old sweater by turning it into a bag or a pillow!
35. Microwavable heating pad. Another simple sewing project? This makes a nice gift for an elderly person. Make a microwavable heating pad by sewing fabric into a rectangle. Fill with rice (and a few drops of essential oils if you have some).
36. Felted penguin or other animal. What could be cuter than a felted penguin or other animal? Various tutorials online give detailed instructions which require roving and a special felting needle. Who wouldn’t want a cute replica of their favorite pet, anyway?
37. Sewing kit. An old eyeglass case makes a great case to house a portable sewing kit. Add needles, spare buttons, thread, a pincushion, and scissors!
38. Scrap fabric garland. Here’s a use for old scraps of fabric. Take strips of fabric and fold them in half, cutting more strips. Just don’t cut all the way to the fold, because you would ruin the “streamer” effect. Tie the fabric onto a piece of twine or lace.
39. Pompom garland. Make pompoms out of yarn. Obviously, customize the size and color to your preferences. Once the pompoms are complete, you can thread them together with heavy thread and a needle. Or you can make different threads or strings of pompoms and hang them vertically. These make great gifts for anyone that needs to decorate on a budget.
40. Memory drawing. If you can draw, make a simple drawing of a memory you have that involves the recipient. Maybe it’s something you did together or places you visited together. Frame it and gift. The great thing about this (besides being cheap) is that you can give it multiple times to the same person. They will have a growing collection of memory drawings from you.
41. Personalized gifts of art. If you are an artist, create small paintings or other personalized gifts of art that you make. Do you dabble in photography? A framed print of your nephew might be the perfect gift for your sister-in-law.
42. Travel brochure. If you have graphic design skills, a travel brochure for a child in your life is a fun gift. Customize it by photoshopping the recipient onto cheap stock photos of world landmarks, such as the Great Wall, so it looks like he’s traveled the world.
43. Decorative pinecones. To make pinecones for Christmas decor, gather up a few (free) pinecones. After making sure they’re bug- and dirt-free, spray them with white spray paint. While the paint is still wet, liberally dust them with white or silver glitter.
44. Burlap Christmas acorns. For another Christmas decor idea, make burlap acorns out of Easter eggs. Get some plastic Easter eggs (bigger is better) and spray paint them. Next, cover the egg with burlap using glue. Top the acorn with twine wound around the top.
45. Felt-backed tile trivets. You can find lots of beautiful tile designs at the home-improvement store. Sometimes the end of a lot can be had at a deep discount. Using a hot-glue gun, add a layer of felt to the back of a tile, and you have a useful trivet for bringing a hot dish to the table.
46. Personalized mirrors. Buy small mirrors. (Try Ikea for a bunch of the smallish mirrors.) Once you have a word that describes your recipient (“Gorgeous!” “Intelligent!”), pick a font. If you have a cutting tool that will cut out the font, by all means, use it! But if you don’t, print out the words and trace them onto contact paper. Use some glass etching glaze to etch the words onto the mirrors. Add some cheap rhinestones to glitz up the mirrors for the girls or a masculine etched pattern for the boys. Finish them off by attaching ribbon and twine so that they can be hung easily.
47. Photo lampshade. Look for a lamp at garage sales and, once you find a really cheap one, you can make a neat memento by either hot-gluing pictures to the outside of the lampshade or printing pictures off onto vellum. Then glue the vellum onto the lampshade. (Vellum is not always easy to handle so be careful!)
48. Blue jean aprons. Don’t let your worn out jeans go to waste. Use the fabric to make aprons. Many tutorials can be found online in many different styles, and they are perfect for both children and adults.
49. Vintage lace bowl. Okay, maybe you don’t like the look of crocheted doilies draped across the back of an easy chair, so here’s another way to display these amazing old-fashioned beauties! Mix equal parts of white glue and water. Submerge a doily in the glue mixture, then mold the doily over a bowl, glass jar, or blown-up balloon. Smooth out the wrinkles, let it dry, and when you remove it — viola! — a DIY vintage lace bowl! If desired, you may also dye the doily before submerging it in the glue.
50. Personalized cards. You can make more than gifts. Making your own cards is a great money-saver. Buy boxes of 50 assorted bright-color cards from a craft store such as Michael’s. Use leftover paper scraps and stickers to decorate them.
51. Photo Cubes. Create your own photo cubes by buying large cubes and using Mod Podge to affix family photos on all sides.
52. Tile photo coasters. Cut pictures to a slightly smaller size than small white tiles. Use Mod Podge to adhere the photos to the tiles. Once you have used enough Mod Podge, spray tiles with a moisture-proof sealant. Glue felt to the bottom of the tiles.
53. Photo Accordion. These are great as coffee table books. Create a photo accordion by folding up cardstock like an accordion and gluing photos to the cardstock. If you have woodworking skills, you could hinge thin pieces of wood together and use Mod Podge to glue the pictures on the wood.
54. Marble magnets. You can pick up all of the supplies (flat-bottomed marbles, Mod Podge, and magnets) at your local craft store. Use patterned scrapbook paper or words from old dictionaries or pictures from magazines. Whatever you use, cut it to be slightly smaller than the marble, Mod Podge it on the bottom of the marble, and then hot glue the magnet to the bottom of the marble.
55. Rustic cork coasters. Save the corks from your favorite wine bottles and make rustic cork coasters. Find old small picture frames and glue the corks on them. Commemorate your special events this way too.
56. Cork bulletin board. Wine corks also make great bulletin boards. Find a frame that is deep enough to accommodate the corks and then decide on a pattern. Use a glue gun to glue the corks in place.
57. Homemade garden markers. For the gardener on your list, make homemade garden markers using anything from painted rocks to old spoons, wooden spoons, or even popsicle sticks! Give them blank or label the markers ahead of time.
58. Chalkboard paint spice jars. What an amazing invention chalkboard paint is! Paint the lids of glass baby food jars with chalkboard paint to make spice jars. You can write on each lid with a chalk marker or include a marker with a set of spice jars as part of your gift.
59. Chalkboard cheese tray. Another great use for chalkboard paint is to make a chalkboard cheese tray. Find an old tray at a thrift store and paint the bottom of it with chalkboard paint. When serving cheese, the recipient can write on the tray, labeling the different kinds of cheeses.
60. Chalkboard menu/message plate. Yet another use for chalkboard paint and one of those ubiquitous plates you find at thrift stores: Make a chalkboard plate for messages or to announce the menu of the day. Cover the plate with chalkboard paint and then write a message for each recipient.
61. Christmas stockings. Sew a Christmas stocking out of felt or vintage fabric. While sewing a Christmas stocking is slightly more complicated than making bean bags, it is still an easy project and might be treasured for years!
62. Travel cord roll. When traveling (or even at home), do the cords for your electronic devices get tangled up? Make a travel cord roll.
Sew pockets for different cords, or loops of elastic to hold the cords in place. Once the cords are in place, the fabric can be rolled up and neatly stowed away in the luggage.
63. Fabric bookmarks. Another use of fabric scraps is to make bookmarks. You can cut two pieces of fabric, along with interfacing. Fuse the interfacing to the fabric and then sew the two pieces of fabric together. Embellish it with a ribbon, if desired.
64. Fabric memo boards. The recipient of your gift can display their photographs on a fabric memo board that matches their decor. First, find an old canvas or thin piece of wood. Cover it with batting and fabric. Pulling the fabric taut, staple it to the back of the board. Arrange your ribbons in the desired pattern and staple again in the back. Buttons can be hot-glued where the ribbons cross.
65. Painted canning jars. These gifts are interesting to look at. Paint the jars with chalkboard paint, followed by 2-3 coats of acrylic paint. For a more transparent look, add food coloring to white glue and paint.
66. Practical hot pad. For a practical gift, hot glue small stones to a circular piece of felt. This hot pad can be used daily — and every time it’s used, they’ll think of you!
67. Scrabble ornaments. Make personalized ornaments out of ribbon and Scrabble letters. Spell Christmas-themed words or the recipient’s name with Scrabble letters and hot-glue them to a doubled ribbon.
68. Fabric camera strap cover. For the photographer in your life, a camera strap cover can make taking pictures much more comfortable if it’s made out of soft or fun fabric.
69. DIY reusable grocery bag. Used t-shirts or other used clothing can make a handy reusable grocery or gym bag. Search the Web for sites with sewing instructions, if needed.
Sentimental/Family Gifts that Touch the Heart
Gifts that celebrate family memories or honor a loved one who has passed away may not cost much to make, but they are truly priceless. Remember, just because it’s a budget Christmas gifts doesn’t mean it can’t be a very special gift!
70. Christmas-past scrapbook. Find an old, tattered book. Remove the pages, but keep the book cover (hard-cover only). Use rings to fill it with old Christmas cards or photos of family.
71. Write your family history. For a gift that is priceless (but costs very little), enlist your family members to write a family history. Pick a topic (family vacations?), and ask each family member to write about it. Ask the patriarch and matriarch of the family to contribute their life histories.
One person plays “editor,” collecting the stories, and presenting them all together for Christmas. This gift costs nothing, unless you choose to make fancy copies or books. It does take a little time if you want to contribute quality. It will, however, carry a lasting value unmatched by any tangible gifts or even experiential gifts!
72. Family trivia game. Make up a family trivia game with questions that help start conversations or help others remember special events with family members. The gift part of this? Deeper relationships, fun, and you could even hand out monetary prizes!
73. Memory Jar. For an extra thoughtful gift that costs almost nothing, create a memory jar. Start now by contacting friends and family members and asking them to send memories and old pictures of the person who will receive your memory jar. Write one memory (or printed one picture) on each of 365 business card sized pieces of cardstock. Fold each in half and secure with a bit of tape, then place them all in a big, decorated jar. Every morning for the next year, the recipient can take out a card, open it, and see what other people cherished in him or her.
74. Framed sentiments. For the word lover on your list, make framed dictionary words. Using a heart punch, cut words out of an old dictionary that describe your loved one (thoughtful, kind, spontaneous?) and frame the words.
75. Memory Pillows. Even if you have very basic sewing skills, you have the ability to make a memory pillow for someone on your list. If you have a loved one (or one of your friend’s has a loved one) who has recently passed away, get one of their old shirts and create a memory pillow out it.
76. Frame family recipes. Does your grandmother have a box of faded, old recipes that have been in the family for a few decades? For a sentimental gift, frame them and give them as gifts to other family members.
77. Personalized calendars. Family dates, such as, birthdays and anniversaries, are hard to keep track of, especially as families grow. You can make personalized calendars online by adding special dates and pictures of family members. Or you can buy calendar blanks or use a template from a program.
78. Family cookbook. This is a good gift for a big family. Get everyone together for a recipe day. You could even include some time to make the recipes! Then print and bind the recipes. (You can do this at an office supply store, for example, or use a 3-ring binder to easily add recipes later.)
Fun and Thoughtful Gifts by Kids/for Kids
79. Art binder. If you have children who love to draw or color pictures, you probably ran out of refrigerator real estate months ago. What about giving a child an old binder that you have decorated with special paper or stickers and filled with plastic page protectors? That way, they can save any artwork in one place.
80. Letter art. Buy the first letter of your child’s name at a craft store. Personalize it with fabric or paint it yourself, or let your children personalize letters for their siblings.
81. Fancy notebook. Take a regular composition notebook and glue special paper on the cover. Then add stickers, washi tape, and any other fun stuff you have that you like.
82. Help your child (or anyone) open an online savings account. Planting a little bit of cash in a savings account now can yield a lot of fruit in the future — not to mention the ongoing opportunity to teach someone about the benefits of saving.
83. Photo storybook. Sites like Shutterfly and Snapfish often run good deals on their photo books. The child could take their own pictures, you could help upload them to the site, and they could write a few sentences per page. Presto! They have a book they can keep about a special vacation or memory! The gift could be paying for the photo storybook or the child can make the book to be given to someone else.
84. Felt food toy. Buy different colors of sheets of felt. Cut objects out of felt (lettuce, hamburger, bun, tomato slice, for instance) and let the child put them together to make a hamburger or a slice of pizza. Give these as gifts to young children that are learning about food preparation.
85. Homemade bubble mix. Kids are attracted to dirt: making mud pies, playing in sandboxes, and getting grass stains. And that’s all good. But when your washing machine needs a break, how about some clean homemade bubbles?
Simple recipes abound online. For most recipes, you’ll need water (4 ½ c.), liquid dish soap (1/2 c.), and vegetable glycerin (4 T.). Mix gently. When kids give these as gifts to their friends, there is instant delight (and hours of fun)!
86. Homemade beanbags. These toys are easy to make. Get some scraps of cotton material, sew together, and fill with dried beans. Children enjoy selecting the fabric, filling the beanbags, and making up games to play with them.
87. Homemade playdoh. Combine 1 c. flour, 1 T. vegetable oil, 1 c. water, ½ c. salt, 2 t. cream of tartar in a saucepan. Cook over medium heat, stirring constantly. When mixture forms into a ball, turn off the heat and knead with hands (when cool). If desired, add a few drops of food coloring. Store in an airtight container and let your children give them as gifts to their friends and younger siblings.
88. Homemade sidewalk chalk. This gift is easy to make. Mix 1 c. of Plaster of Paris to ¾ c. of water. Add in the desired amount of powdered tempera paint. If you have molds, use those to make fun shapes. If not, you can make your own molds out of toilet paper tubes, duct tape, and wax paper.
89. Muffin tin crayons. Did your child come home with lots of broken, paperless crayons when school was over for the summer? Before tossing them, use them to make muffin tin crayons. You can make these crayons all one color or camouflage. Just use your imagination! You can place them in a muffin tin and bake at 250 degrees for about 10-20 minutes, or until the top layer has melted.
90. Memory games. Make your own memory game cardboard boxes that you save (from cereal boxes, perhaps?) and glue paper on top. If you have some artistic ability, you can draw animals or food objects (just make sure there are two of each!) or you can search online for templates. Cut squares as large as you prefer. Color the pictures, if needed.
91. Geoboards. Have a child who needs to learn letters or shapes? Make them a geoboard! You can make this as fancy as you want to, but first, start off with a rectangle of scrap wood (or you can purchase this at a craft store). If you don’t feel like measuring out where each peg will go, you can put a piece of graph paper over the wood. Decide how close you want the pegs to be. Your pegs can be push pins or small nails (although nails could be painful) and you’ll hammer these in according to the pattern you have determined. Give these with a package of rubber bands for immediate play!
92. Toddler busy book. (Parents of toddlers may enjoy this gift more than the toddler.) A toddler busy book (or quiet book) is a book that you can customize with different activities. One method is using a 3-ring binder and heavy paper. On one page, you could glue objects of different textures (cotton balls, sandpaper, aluminum foil, etc.). A different page may have shapes made out of foam or felt glued to the page, with the same shapes NOT glued to the page. The child then has to match the loose shapes to the glued shapes. If you have sewing skills, you can sew a book out and use felt, Velcro, and other materials.
93. Sensory bin/basket. Creating a sensory bin/basket may be as simple as packaging up some rice or dried beans, along with the child’s own set of measuring cups or measuring spoons. But check out Pinterest for other ideas.
94. Bathtub crayons. Playing with anything in the bathtub is good fun because it washes away easily! To try these crayons for bath time: Mix 1 c. grated Ivory soap, ¼ c. warm water, and food coloring together until the mixture begins to stiffen. Then, knead until mixture resembles very thick dough. Spoon mixture into cookie cutters, then place the cookie cutters into the freezer for about 10 minutes. Pop the crayons out of the cookie cutters and allow to dry overnight.
95. Salt dough ornaments. To make salt dough ornaments, mix 2 c. flour and 1 c. salt. Add 1 c. water, a little bit at a time. Once all the water is added, knead up to 10 minutes, or until dough is smooth. Press your baby’s hand or foot into the dough (another suggestion is to take an impression of your first apartment key) or anything else that would be precious to your gift recipient. Before baking, make a hole in the ornament with which to hang it. Then, bake at 325 degrees for 30 minutes.
96. Dime store games. Create one of several dime-store games, such as, you could tightly connect a few wooden blocks and glue a picture on top. Use a utility knife to cut between the blocks. You have a puzzle!
And a Partridge in a Pear Tree
Then, there are the budget Christmas gifts that just don’t fit in any of the other categories — but they just might be a good fit for someone on your list!
97. Experiences. Give the gift of a new experience. Sample gifts of experience: skydiving, scuba lessons, hot-air balloon rides, cooking school, lunch with a hero, etc.
98. Ha-ha gifts. Make your own joke presents. Use your imagination, but here are a couple of ideas to get you started. Wrap up a pack of batteries and a note that says “Gift not included.” Glue two pieces of corn to a small piece of scrap wood with the words “two-piece chicken dinner.”
99. DIY-themed baskets (or bags). We mentioned food gift baskets already, but don’t overlook other types of gift baskets. Your child’s teacher may appreciate a gift basket full of paper supplies like napkins, cups, and plates for snacks and classroom parties. Another teacher idea is to give an office supply gift basket. A husband, father, son, or other family members might like a tool-themed gift basket. A wife, mother, daughter, sister, or aunt might appreciate a pajama-themed basket with soft slippers, romantic comedy, and an assortment of teas.
Having an incredible Christmas doesn’t mean a lot of stress or a lot of money — but you do need to plan ahead. I hope this resource will help make your December a bit more relaxed, a lot less expensive, and still meaningful too.
Do you make budget Christmas gifts? What’s your favorite gift to make and give? How early do you start in order to decrease your stress levels?
Photo credits: Homemade Christmas cards by Patterson Williams. Pinecone scene and pinecones by Lisa Aberle. Christmas stocking by Linda Vergon.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
The ripple effect of a financial mindset can be seen in every aspect of your life.
Think about it: If you are not mindful of how you spend and save money, then you will be in a constant struggle each and every month.
If you are simply someone who is struggling to make ends meet, there are many things we can do to save money. If you are trying desperately to reach financial freedom sooner, then you need these best money hacks to make it happen sooner.
Around here at Money Bliss, we spend a lot of time on our money mindset and setting goals.
Everyone is in a different season with their finances.
But, one thing is true… Most of us never learned proper money management.
Do you find yourself in a constant cycle of financial struggle? Do you feel like you are constantly trying to live up to unrealistic standards?
It is easy for people to feel that they are constantly broke, and in some cases this is true. But, it is also important to remember that there are ways in which you can make more money and start saving for your future.
Since changing money habits does not always come easy and often requires some serious changes in our mindset, we are here to support you to find the top money hacks.
Read on as we share 50+ ways you can start saving more money as well as making more money while also saving your sanity!
What are Money Hacks?
Money hacks are the ways in which people stretch their money.
These money hacks can come from a variety of sources, such as personal experience, family members or friends, and other individuals on social media.
Money hacks can come in many forms such as:
Simple money saving hacks
Ways to make money on the side
Strategies to make every dollar count
Thrifty ideas to be more frugal
Ideas to be more conscious of our waste
All in all, money hacks will help you to spend less money. Thus, saving more money.
As you will learn at Money Bliss, saving money opens up doors of opportunities
Best Money Hacks
Money hacks are ways to build long-term wealth.
Even though most of the hacks for money include quick saving wins, over the long term, you will actually start a snowball effect of more money in your bank account.
Sometimes, it can be difficult to find the motivation to save money, but these 7 best real money hacks will help you reset your financial mindset and start saving!
The best money hacks are the overarching big picture concepts that you must master for long-term success.
1. Think Big
Open up your mind.
One way to reset your financial mindset is by opening yourself up to new ways of thinking about spending and saving.
Too often, we are focused on what is directly in front of us instead of thinking about the big picture.
A great way to think big with your finances is to decide how you want to live life with intention.
2. Habit of Saving Money
Get back in the habit of saving.
If you have been beyond your means or barely scraping by, the best way to get back on track is by saving at least 20% of your income.
This may seem a little ludicrous. However, by prioritizing saving first, you will be pleasantly surprised how well you live off the rest.
In this post, there will be so many simple and easy ways to start saving today.
3. Make a Plan for Your Money
Create a spending plan (aka that dreaded word budget).
Creating an outline for what you want and need will help you to make smarter decisions about your spending.
This concept has been made too difficult over the years.
The bottom line is you want to spend less than you make. So, make a plan for that to happen today.
4. Make Money on the Side
This one is huge!
Personally, making extra money has been a priority for the last 5 years. We spent many years trying to cut our expenses and hating our inability to actually spend less as a growing family. So, we changed our focus to finding ways to make more money instead.
Start a side hustle. If you are not making enough to live comfortably, start a side hustle! Use your unique skill set to make extra cash.
Pick up a second job or ask for more hours.
There are plenty of ways to make money fast.
5. Invest in Stock Market
This means a way to make money or increase your net worth. AKA make your money work for you.
Too many times, the concept of investing is big and scary. The thought of starting is way too overwhelming. So you put it off until next week or next month. Then, a couple of years go by and you have not invested your money.
That is the biggest financial mistake you can make.
Start small by investing in an index fund. Each month consistently add more money.
If you want to learn to trade stocks, then you must enroll in the best investing course I have found.
Read my in-depth investing course review.
6. Pay Off Debt
Ugh… debt is the cash flow killer.
You are unable to make forward progress if you are straddled by debt.
Figure out how to pay off debt ASAP.
When calculating how long it will take to pay off high-interest debt, you should consider paying the highest interest rate first. Here is the best debt payoff app available.
7. Watch Your Spending
Be mindful of your spending.
This is a great practice that many people need to start doing again, regardless of how much money or how little money they have.
Every few months, you need to evaluate your spending to see if it matches up with your values.
As you can imagine there are many money hacks that can help you save, but the list above is the money hacks that will make the biggest difference the quickest. Below we have many more money hacks for you to explore.
Hacks for Saving Money
Money app hacks are small, quick, and easy ways to improve your finances.
They can range from things like automating your budget or creating a money jar that pays for itself, to more complex solutions like changing your tax withholding or moving money around to get a higher return.
Honestly, there are so many life hacks for saving money.
8. Automatic Savings
This is a practice of automatically transferring money from your checking account into your savings account on a regular basis.
It is best to set a transfer amount and stick to it.
Since it is easier to save your money before you spend it, you must save as much money as possible in order for this strategy to be effective.
9. Financial goals
A financial goal is a long-term, quantifiable expectation for how much money you want to have, or what you plan on doing with your money. Your goals can be as simple as saving for the down payment on a house or as involved as saving for retirement.
Our financial goals allow us to set specific, numerical targets that help us achieve our desired lifestyle in a more concrete way.
You must set smart financial goals.
10. What brings you joy?
At the end of the day, it is important to remember that life is all about finding what brings you joy.
The question is open-ended, but your money must line up with what brings you joy.
Spend a few minutes and stew on the question.
11. Build an emergency savings fund
Building an emergency savings fund is a great idea if you are in the habit of saving money and want to make sure that you have some money saved up when times get rough.
If you are struggling to save, there are a few ways you can increase your savings.
For example, you might be able to set up automatic transfers from your checking account into an investment account. You should also make sure that you have a way to save money outside of your checking account.
Saving cash in a jar or saving up coins are ideas for some people.
12. Invest spare change
If you go shopping and buy something, most stores will give you change. If you use a debit or credit card, you can do the same thing with help of a popular app!
Simple money hack: investing your spare change.
In order to invest your spare change in an account, you can open one for as little as $5. Acorns then automatically invest the money from your checking account and into a savings acorn account.
As the round-up feature continues to add upon each purchase, it is a good idea to invest in this app so that you can save more dollars!
13. Challenge Yourself to Save
If you are looking to save money, it is best to set up a budget that includes challenging yourself.
A great way to do this is with the no spend challenge.
A no-buy is when you decide to simply not make any purchases for a certain amount of time.
A no-spend is when someone decides to not spend any money in a certain period of time.
When you are struggling with spending too much money and want to reset your wallet, then give up spending money. Period.
14. Join a buy nothing group
The buy nothing groups are a growing movement that started in order to help people cut their ecological footprint, save money, and break free of consumerism.
This is a great way to find things you need as well as declutter your house.
15. Negotiate everything
The key to successful negotiation is preparation.
Research the company’s past sales, price changes, and discounts offered in order to get a better understanding of what you’re negotiating for.
Don’t be afraid to negotiate.
What is the worst thing that can happen when someone says no!?!
16. Refinance Your Mortgage
It is never too late to refinance your mortgage.
In fact, it might be a good idea if you’re in the market for a new home or refinancing your loan on an existing property.
You must weigh the costs of refinancing to how much you will save over the time period of the loan.
Ask around for mortgage broker recommendations and get at least two quotes.
17. Downsize your Home
Downsize your home is the term for reducing a residence in size. This can be done by either moving to an apartment or buying a smaller house. There are many benefits of downsizing, including living a more affordable lifestyle and having less upkeep.
Downsizers use their homes as investments and save money on rent or mortgage payments.
18. Cut the cord
With the internet becoming accessible to everyone, people have started cutting their cable and watching shows online. People can save up to $500 a year by cutting cable from their bills.
Cut the cable & stop watching TV!
19. Learn about Finances
Ask for help.
If you are struggling, there is no shame in asking for assistance from your friends or family members.
The goal is to get ahead with money and not keep digging further into a hole.
Check out any of our courses to help you.
20. Save for What You Want
Decide what you want most and work towards it with the money you have now, instead of waiting for a windfall or a large inheritance.
This may mean setting aside $200 a month.
For example, as a reminder of your long-term goal of buying a beach property, you may buy something you would hang in the new place. Every time you see it, you will be reminded of what you are saving towards.
Budget Hacks
Financial hacks are not unusual.
Since it is so easy to overspend, you must know a few budgeting hacks ahead of time.
21. Need vs Want
A want is a desire for something, while a need is something that fulfills the requirement of your body like food or shelter.
When you think about buying something, ask yourself if it is a want or a need.
By uncovering needs vs wants, you are quickly able to find ways to spend less and save more.
22. Avoid Temptation
To avoid temptation, it is important to maintain a healthy amount of physical and emotional distance from the things that tempt you.
Sometimes, spending triggers are easy to avoid but other times they’re not.
However, people should always be aware of their temptations and try to stay away from them because it will lead to unnecessary debt or stress in the long run.
23. Practice the 30-day rule
Many people wonder what’s the 30 day rule with money…
The 30-day rule is the principle that states that you should practice a new habit or stop an old habit for at least thirty days before expecting success.
When it comes to your money, it means to wait thirty days before making big purchases or changes.
24. Keep a Budget Binder
A budget binder is an important tool that helps people keep track of their finances.
The binder can help people plan out their finances by providing a place to record expenses and income.
Keeping a budget binder is an effective way to track your spending and keep yourself accountable.
By keeping it, you can easily plan for future expenses in advance as well as see what money could be saved or spent on different items over time.
25. Get a spend tracker and use it regularly
Track your spending for 30 days. It can be a good idea to track your spending for at least a month to get an idea of what you’re spending and where.
A spending tracker is a tool that helps people keep track of how much they are spending on a certain item. It is important to use this tool regularly in order to be able to see patterns in your spending.
Then, review your spending. Share it with a trusted friend or family member to come up with some goals to reduce expenses in order to save money.
26. Create a budget
Create a budget, and follow it.
When you schedule your spending, make sure to leave room for savings. This is the easiest way to ensure that you can stick to your budget.
Find more budgeting resources on our site.
27. Pay Bills on Time
This should be a simple statement that we all know. However, life can throw curveballs.
Try to pay your bills on time and in full every month, and make sure all of your bills are paid each month.
This will show lenders that you are responsible and that you are taking care of your credit. Plus you don’t rack up those pesky late fees and high interest rates.
28. Avoid Missed Payments
Don’t miss any payments, and pay off your balances each month to avoid paying high interest rates or fees on late or missed payments.
Read again… do not miss paying your bills.
29. Reconcile Your Checking Account
Balance your checkbook monthly. Okay, no one really uses a checkbook anymore, but you can still do this with pen and paper.
Even better, use Quicken as a simple way to balance your checking account. Read my Quicken review.
This is a great way to check for being charged too much or find a subscription you don’t use anymore.
30. Avoid Summer Budget Busters
Avoid spending money for the summer by just being conscious of your spending and reviewing what is different than the norm.
It is too easy to get into the trap of spending money because the weather is warm.
31. Review your Credit Card Statements
If you’re like most people, you probably review your credit card statements once every six months.
What’s the best way to go about reviewing them?
It depends on how often you use your credit card, how much debt you have, and what your credit score is. You should review your statements at least once a year if you’re carrying a balance on your credit cards.
If you use your credit card, then you should review your statements at least monthly.
32. Use the Cents Plan Formula
While the 50/30/20 budgeting rule is popular, our method of budgeting your money will be more helpful.
Learn how to divide your income into various categories.
Check out the Cents Plan Formula.
33. Use Cash
Use cash instead of credit cards to spend, which will make it easier to limit yourself to how much you can spend.
The envelope system helps you save money by only spending from one designated cash stash each month and withdrawing a set amount for different types of expenses (like groceries).
34. Spending Freeze
Implement a spending freeze, which helps you get used to not buying things for an allotted time so that when the freeze is over, it’s easier to buy what you want.
You will be surprised how much random online shopping you do.
Begin your spending freeze now.
35. Use a Budgeting App
Use your bank’s budgeting tools, like Quicken, which can help you track how much money is coming in and out of your account.
This is the simplest way to manage your money wisely.
Using a money app or a personal finance website can help you to stay organized and get more creative about your budgeting.
Check out this list of the best budgeting apps available.
Hacks to Make Money
Hacks to make money are a list of ways to generate income for yourself. Many ways to make money include blogging, affiliate marketing, or day trading. These money making hacks are great, but they can take more time and energy invested.
36. Use cash back apps
Cash back reward apps like Ibotta are a way to get extra money for your purchases.
They take some time getting used to and you only have access to partner stores that offer cash-back offers. It only takes a few seconds to make some extra cash.
Check out the best cash back apps available.
37. Ask for a Raise
A raise is an increase in pay for a job, labor, or service.
If you are concerned about asking for a raise, then you are missing out on lost money.
Your boss may be receptive to it, then try negotiating more money. Not only will this be good for your career, but also the relationship between you two can improve as well.
38. Get a side hustle
A side hustle is an additional job or career, usually, one that requires only a small amount of time and effort.
For example, someone who wants to work on the weekends might start a side hustle as a bartender.
Side hustles are a form of entrepreneurship that allows you to earn money and do little tasks. They are not difficult or time-consuming, but they can still help you make extra cash on the side.
Pick one of the best gig economy jobs.
39. Rent out a part of your home
A part of your home is often a room, which can be rented out on Airbnb.
Airbnb is the largest and most successful company in the world that lets people rent their extra space or properties. They are a well-known company that provides an easy way for people to make money from their extra space.
Use Neighbor to lend out your space in your home.
40. Declutter: sell your junk for cash
Decluttering is the act of getting rid of excess or unnecessary items.
In order to declutter, you must be willing to give up something that has been a part of your life for a long time. It is important to remember that decluttering does not have to be a quick or easy process.
Then, sell your stuff on Facebook Marketplace, Nextdoor, eBay, etc.
Learn more at Flea Market Flippers.
41. Earn Money While Watching TV
Although it is not a fast way to get rich, this can be used as a side hustle.
It’s better to use the money earned from watching TV or something else that takes up your time for other things like bills and groceries.
Survey platforms are online sites that allow people to earn money while watching TV.
The survey platform will send surveys through the mail or email, and then they can choose whether they want to take the survey for a set reward amount or if they would like cash back on their purchase.
One of these options is MyPoints, which allows users to earn points by completing tasks such as taking surveys and shopping online at specific retailers.
Others include:
42. Maximize Your Income
Find ways to increase the amount of money you bring in, whether that’s through a side hustle, increasing hours at work, or asking for a raise.
In today’s society, there are plenty of ways to make more money.
Only you put a limit on what you are capable of earning.
43. Build Your Credit
Building your credit can be a long process, but it’s worth the effort. If you’re trying to establish or improve your credit score, here are some tips that might help:
Try to keep your credit utilization rate below 30% at all times.
Do not open too many new lines of credit in a short period of time.
Pay your bills on time.
This will help you avoid damaging your credit score.
Hacks for Free Money
Hacks for free money are a form of fraud wherein the perpetrator solicits payment via PayPal, credit card, or other methods in exchange for access to what they promise will be a legitimate business opportunity.
Hacking free money is a way to make more cash, fund your financial goals, or help you pay off debt. There are lots of ways that people hack their finances and use cash back apps for some extra income.
Other options include signing up for bank bonuses or credit card bonuses.
Honestly, real free money hacks are more likely to be scams. So, beware when searching online.
Money Hacks in the Kitchen
You can save the most money by looking at what you eat.
Typically, people waste over 25% of their grocery budget and throw out food. Would you willingly throw out $250 a month? Probably not.
So, learn how to stretch your money for food.
44. Start meal planning
Meal planning is a money-saving strategy that can help in the long run. It’s also important to eat healthily and reduce food waste when meal planning.
But planning ahead will help save on the grocery budget, and it’s not too late to start now.
Start meal planning by deciding what you want to eat for each day. Then, make a list.
45. Say no to prepackaged foods
Packing your lunch for work or school can be time-consuming, especially if you have a family.
Some people prefer to buy prepackaged foods because they save time, but this is not always the best option.
A better choice is to make your own food at home and pack it for lunch, which you can then eat in peace without worrying about what other people might be saying about the food you packed.
46. Eat at home
Eating at home is a way to save money. It may be uncomfortable for those who do not enjoy cooking as it requires extra effort and time.
Instead of getting food at restaurants, consider cooking your favorite meals at home.
You can save money and time by eating the same meal over and over again.
Learn about the frugal home must haves.
47. Grow your own herbs and food
The most common methods of gardening include container gardening, hydroponics, and both indoor and outdoor gardening.
Many people are growing their own herbs and food for the satisfaction of being able to eat something that was grown with their hands.
48. Take your lunch
If you are interested in saving money, consider taking your lunch. This will save you up to $1,000 a year on work lunches and make it easier to meet the recommended daily intake of fruits and vegetables as well.
“Take your lunch” is an invitation to eat at home. There are many benefits of eating out less often, such as saving money and gaining more control over food choices.
Travel Hacks to Save Money
The following are travel hacks that can help you save money on your next trip.
Some of these hacks include traveling during weekdays, using public transportation, staying at hostels and Airbnb instead of hotels, and using a travel credit card.
49. Use foreign websites for lower prices abroad
Foreign websites are websites that have been created by people from other countries, and they sell products in the language of their country. These websites often offer lower prices on products than what is offered in the United States.
If you’re traveling abroad and need to find a place to stay, there are plenty of websites that can help. A few websites have deals on places where travelers often stay while they travel internationally.
50. Stay for free or get paid to house sit abroad
A house sitter is someone who looks after someone’s property for a certain amount of time in exchange for the promise of payment.
House sitting is typically offered by homeowners to travelers and others who are looking to stay in a particular location for an extended period of time.
The main types of house sitting include:
– full-time house sitters, who are responsible for all aspects of the house and who are typically paid a monthly salary,
– part-time house sitters, who may be responsible for taking care of one or more specific tasks such as gardening or handling the mail
51. Hide your search
To avoid being taken advantage of by airlines, it is best to open a new incognito or private window between searches.
This will make sure that you are not tricked into buying tickets that may be significantly more expensive than they need to be.
Airlines use cookies in your browser to make you believe the prices are going up and up.
Money App Hacks
Money app hacks are ways that people have figured out to make their money work for them in terms of saving and spending. These apps offer different features, such as budgeting, tracking your spending, and saving money.
If you want a simple way to save money, then any of these money apps are designed to find excessive spending.
52. Billshark
This is a legitimate way to save money on monthly bills. Billshark offers you the opportunity to save up to 25% each month (when compared with regular bill payments).
All of this can be done for you by BillShark team, and there are no fees involved!
Try Billshark for free!
53. Trim
Review your spending habits to find what you can cut out, like subscriptions.
Find other ways to save by looking for ways to reduce costly bank fees or getting a discount on your cell phone plan. By using Trim, you are saving money and improving your financial health.
Sign up with Trim now.
54. Truebill
Truebill can help you to track your spending, save money and get a clear picture of your financial life.
This helps you identify services that you are no longer using but continue to pay for. It will help save money by automatically negotiating prices with your service providers and receiving a refund of the money going to waste, which is free money.
Get started with Truebill.
Which Life Money Hacks Can You Start?
This is a lot to take in, but don’t worry.
Take the time to read through each suggestion and consider how you can implement it into your life.
The more hacks you try out, the closer you’ll get to a healthy financial mindset.
These are the life hacks to save money I have found to work for me and my family in order to reset our financial mindsets and grow our net worth.
Everyone will find their niche and what will work best for them.
Personally, you need to figure out how do I make more money. That will make the biggest impact the fastest.
What have you done with your money lately?
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Technology is changing many aspects of our world — including change. When I was young, I remember the thrill of cash and the spare change it generated when I spent it. I would scour my change looking for rare coins and deposit the ordinary ones into my trusty piggy bank.
Today that thrill is gone, along with the simplicity a piggy bank or coin jar brought to saving money. Whether you were working on building an emergency fund or simply wanted to save money for a rainy day, change was always there to give you a head start. Today we swipe a piece of plastic or pay for everything online with no paper bills or coins changing hands.
Thankfully, a new type of technology is filling the void electronic transactions have created. Savings apps that automatically round your purchases to the nearest dollar are bringing back the simplicity that spare change brought to saving.
The Best Round-Up Savings Apps
The apps on our best money-saving apps list all do one or two things very well, if not more. For example, some use psychological triggers to help you save wisely while others focus on helping you teach your children how to set and manage long-term financial goals. And while most aren’t officially banks, most have FDIC-insured checking accounts built in, protecting your money from the unknown.
Acorns
Our Rating
Acorns is a comprehensive personal finance app with a built-in checking account, automated budgeting and savings tools, and multiple investment accounts for all stages of life.
Monthly Fee
Deposit Insurance
Up to $250,000
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Acorns is built around the idea that you can build your finances to be as sturdy as an oak tree with a start as small as an acorn.
Though Acorns is much more than a round-up app, its simple round-up feature is key to its value. Just connect your credit cards and debit cards to your account and it will automatically round your purchases up to the nearest dollar and deposit the change for you. Once you have at least $5 in round-ups ready to process, Acorns transfers the money from your checking account to your investment account.
Acorns offers four different types of financial accounts: a general (taxable) investment account, a custodial account for children, a retirement investment account (IRA), and a checking account. It has two paid plans, with monthly membership fees starting at $3.
Acorns offers mobile apps for Android and iOS devices. They have all the features and capabilities of the desktop version.
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Chime
Our Rating
Chime is a personal finance app that helps you manage your money, save for the future, and build credit. It has one of the best savings yields of any FDIC-insured round-up app.
Monthly Fee
Deposit Insurance
Up to $250,000
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Chime is a mobile-first personal finance and online banking app. You don’t have to use it as a round-up savings app, but it’s easy enough to do so — just opt in to have your Chime Visa debit card purchases rounded up to the nearest dollar and transferred to your Chime savings account.
And that savings account is among the best on this list. Your cash earns 2.00% APY¹, far higher than what most other round-up apps can manage.
¹The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is accurate as of May 12, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.
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Qapital is a goal-based savings app that makes it easy and fun to save automatically. Its biggest downside: an unavoidable monthly fee of at least $3.
Round-up savings is actually just one way Qapital does this — it’s one of several custom rules (in this case, the “Round-Up Rule”) you can set to put your extra cash to work. Other rules include the Set & Forget Rule (which puts aside a set amount every week or month) and the Freelancer Rule (which saves a set amount from each deposit to cover estimated taxes).
Qapital also has an FDIC-insured checking account and debit card for everyday spending. Balances earn interest at a low rate, but it’s better than nothing.
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Worthy Bonds
Our Rating
Worthy Bonds is a crowdfunding platform, not a banking app. But it does allow round-up investments from a linked bank account, starting at just $10. With all bonds paying 5.65% APY, it’s the highest-yielding option on this list.
Monthly Fee
Deposit Insurance
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Worthy Bonds is not a traditional round-up savings app, if there even is such a thing. It’s a crowdfunding platform that sells shares (also called Worthy Bonds) in loans made to small businesses and development projects across America.
All Worthy Bonds yield 5.65% APY. If you want, you can link an external bank account to your Worthy Bonds account and round up each purchase to the nearest dollar. Once your balance hits $10 — the value of a Worthy Bond — Worthy Bonds buys you a new bond.
Worthy Bonds is a fun and rewarding way to support everyday entrepreneurs, but there’s a catch: no FDIC insurance. So don’t invest more than you can afford to lose.
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Greenlight
Our Rating
Greenlight is a family finance app that helps kids (and parents) manage and grow their money. With high-yield savings, an investment platform, and even a credit card for parents, it’s the most comprehensive app on this list.
Monthly Fee
$4.99 and up
Up to 5.00% APY
Deposit Insurance
Up to $250,000
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Greenlight is an online custodial bank account that’s designed to help parents teach their children about money. A Greenlight account comes with a customized debit card and advanced ways to save and earn, including round-ups. Every time your children swipe their customized debit cards, the total value of the purchase is rounded to the nearest dollar and the spare change is transferred to their savings account.
That spare change has the potential to earn much more change. Depending on the type of account you open, your children can earn between 1% and 5.00% APY interest on their savings.
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Methodology: How We Select the Best Round-Up Apps
We used six metrics when comparing the micro-saving and micro-investing apps that offer round-up saving functionality. These metrics relate to the cost of the service, allocation of money saved through round-ups, the types of accounts they offer, and other functionality. Here’s what we paid the most attention to in our analysis.
Cost
Round-up apps are all about saving money, so it’s pointless to use them if the fees eat all your savings. To be fair, most apps with this functionality charge reasonable fees, but we did come across a few with fees that were a huge turnoff.
All apps on our list cost under $10 per month, even for the most premium memberships. Two options — Chime and Worthy Bonds — are 100% free to use with no monthly or hidden fees.
How Round-Ups Are Used
It’s important that the money you save grows over time. After all, inflation is a very real force in finance — if your money isn’t growing, it’s shrinking. All the options on our list offer ways to grow the money you set aside, whether through investing in the stock market or earning a meaningful interest rate on your savings balance.
Custodial Accounts
Financial education is valuable at any age, and the sooner you start teaching your kids concepts like savings, the better off they’ll be.
That’s why options like Greenlight are on our list. Custodial accounts and giving kids access to financial information are a great way to teach your children about money management.
Risk Management
Many of the best round-up apps focus on micro-investing — investing small amounts of money over time — to begin building a meaningful portfolio. But investing can be risky. We paid close attention to the risk management features each investing-focused round-up app offers. Every investment-focused app on this list offers highly diversified stock and bond ETFs to help keep risks at bay.
Savings Triggers
Round-ups are a great way to start your savings, but if you’re only saving your spare change, it will take forever to generate a meaningful safety net. All options on this list offer round-ups as well as at least one other savings trigger, like the ability to automatically transfer money to savings on a weekly, biweekly, or monthly basis.
Some apps offer other, more elaborate savings triggers.
For example, Qapital offers several triggers. You can set a spending budget, and when you spend less, the difference automatically goes into your savings.
Additional Banking Features
According to the FDIC, about 5.4% of Americans — more than 7 million people — don’t have bank accounts. That’s why we love to see companies like Chime make quality banking services available to everyone. Many of the companies that made our list offer accessible online banking services.
Round-Up App FAQs (Frequently Asked Questions)
If you’ve never used a round-up app, chances are you have a few questions you need answers to before you get started. Answers to some of the most common are below.
Do Round-Up Savings Work?
Round-up savings apps are a great way to kick start your savings, but their effectiveness largely depends on you. If you don’t spend frequently, round-up savings won’t generate meaningful balances. It’s best to use this feature as a small part of your work toward your overall goal of saving money.
If you want to aggressively save money, consider using round-ups in conjunction with other features, like scheduled savings contributions.
Which Is Better: Acorns or Stash?
That depends on how you’d like to invest your savings. If you’re interested in building and managing your own investment portfolio of individual stocks and ETFs, Stash is the way to go. If you’d rather let the pros handle the investment decisions and rebalancing efforts, Acorns is your best bet.
What Is the Best Round-Up App for Kids?
The hands-down best round-up app for kids is Greenlight. The platform was designed to give children some financial independence while giving parents a fun way to teach financial literacy. However, if you want a family experience on a platform where your and your children’s accounts can be viewed in the same place, you may want to consider Acorns.
Final Word
The options listed above are our favorite automatic savings apps, but by now you know they’re not all the same. Each app has its own features, costs, pros, and cons. Here are a few features you should compare before you decide which one to sign up for:
Cost. Some round-up apps are free and others have monthly fees. Consider the cost and how it might impact your savings before you sign up.
Banking Features. Are you one of the millions of Americans who are underserved by traditional banks? If so, consider signing up for an option like Chime that offers complete online bank accounts.
Investing or Saving. Do you want to grow your money in the stock market or a savings account? Have you considered investing in high-yield savings products like those offered at Worthy Bonds? Make sure you consider where your money’s going when you round up before you sign up with a provider.
Do You Have Children? If you have children, consider signing up for an app that offers custodial accounts, or signing up for Greenlight for your children and using a different app for yourself.
STASH DISCLOSURES
Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.
Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.
1 Stash Banking services provided by Stride Bank, N.A., Member FDIC. The Stash Stock-Back® Debit Mastercard® is issued by Stride Bank pursuant to license from Mastercard International. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Any earned stock rewards will be held in your Stash Invest account. Investment products and services provided by Stash Investments LLC and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
2 All rewards earned through use of the Stash Stock-Back® Debit Mastercard® will be fulfilled by Stash Investments LLC and are subject to Terms and Conditions. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. In order to earn stock in the program, the Stash Stock-Back® Debit Mastercard must be used to make a qualifying purchase. Stock rewards that are paid to participating customers via the Stash Stock Back program, are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
3 Group life insurance coverage provided through Avibra, Inc. Stash is a paid partner of Avibra. Only individuals who opened Stash accounts after 11/6/20, aged 18-54 and who are residents of one of the 50 U.S. states or DC are eligible for group life insurance coverage, subject to availability. Individuals with certain pre-existing medical conditions may not be eligible for the full coverage above, but may instead receive less coverage. All insurance products are subject to state availability, issue limitations and contractual terms and conditions, any of which may change at any time and without notice. Please see Terms and Conditions for full details. Stash may receive compensation from business partners in connection with certain promotions in which Stash refers clients to such partners for the purchase of non-investment consumer products or services. Clients are, however, not required to purchase the products and services Stash promotes.
Stash has full authority to manage a “Smart Portfolio,” a discretionary managed account. Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal. Stash does not guarantee any level of performance or that any client will avoid losses in their account.
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Joshua Rodriguez has worked in the finance and investing industry for more than a decade. In 2012, he decided he was ready to break free from the 9 to 5 rat race. By 2013, he became his own boss and hasn’t looked back since. Today, Joshua enjoys sharing his experience and expertise with up and comers to help enrich the financial lives of the masses rather than fuel the ongoing economic divide. When he’s not writing, helping up and comers in the freelance industry, and making his own investments and wise financial decisions, Joshua enjoys spending time with his wife, son, daughter, and eight large breed dogs. See what Joshua is up to by following his Twitter or contact him through his website, CNA Finance.