Archive for March, 2014

How to Turn Your Recyclables Into Cash

 

canstockphoto4434103In recent times, you may have been reminded over and over to recycle your old newspapers, plastic bottles and aluminum cans instead of placing these items in the garbage can. Did you know there are ways for you to make money selling your recyclables that you have lying around the house?

Recycling  involves collecting and reusing items instead of having to purchase new ones. Many of them are labeled with symbols to show that they are recyclable. This lowers the cost of these items and save energy.

You can use this as a learning tool to get your family involved. If you want to take a chance and make a difference for the environment and also make some money from it, recycling is the way to go. Here are some ideas on How to Turn Your Recyclables Into Cash.

 

Save Aluminum Cans Instead of Placing It In The Recycle Bin. If you are constantly consuming drinks from aluminum cans why not make money from it. If you have a scrap metal facility in your local area, they will more likely accept aluminum cans. Check with them to find out what items they will accept since some places are more strict than others.

Start a Junk Removable Service . If you have a truck and some storage space available, you can go around the neighborhood and collect unwanted items from your neighbors. You will be amazed of the treasures you will come across. Some people throw away gently used items or things that have never been used. They desperately want to get rid of these things to make space in their homes. You can start out posting flyers with a pick up schedule and the prices for removing them.

Create New Items Out of Recyclables. If you are crafty and creative you can make money online turning your recyclables into a masterpiece that’s in high demand. You can sell your art online or at your local flea market for top dollar. Check out etsy.com to gather ideas for items you can sell.

Sell Stuff That’s Sitting Around Your House. If you have old computer parts like keyboards, motherboards, screens and even smart phones,  there are places online that will pay you for the parts. You can sell these to consumers at Craigslist and eBay or you have the option to go to hardware forums such as Hardforum, Overclock Marketplace and Anandtech. Make sure you look into it first to see if the payments are worth the effort for collecting them.

If you have used items such as  Vinyl Records, CDs, DVDs, clothing and videogames that are still in good condition this can net you some extra cash. People are always looking for classic music and movies to add to their collection.  It can be fun sifting through people’s basements and attics looking for usable vintage items.

You can make some extra money with your recyclables if you have an enterprising spirit. Use these ideas to your advantage to turn this into a full-time business while saving the environment.

canstockphoto7397155When you think of receiving your credit card statement, the thought of it may make you cringe. It is always a good idea to check it thoroughly to avoid incurring more costs than you realize. The credit card statement can be confusing at first, but once you know what to look for,  this can save you some money and even help to protect yourself against fraud. Here are some things you should check for on your monthly statement.

First, you should look for the purchases or new charges section for your most recent transactions. You should keep your charge receipts for all of your purchases so that you can compare it to the charges that’s listed on your credit card statement. You should also look carefully for any unauthorized charges and double billing for a purchase. You’ll want to catch these unwanted charges on your credit card since you will be given a certain amount of time to dispute it.

If you continue to make payments on your credit card for unauthorized charges that you weren’t aware of,  you may still be responsible for those charges. Most credit card companies will give you 60 days to resolve the matter or they will argue that you accepted the charges.

If you notice any transactions for a purchase that you didn’t make , call your credit card company right away to report the fraudulent charge. Most will file a report and you won’t be responsible for paying for the charge. They will usually reverse 100 percent of the amount in most cases.

The next thing you should look for on your statement are the interest rate that are applied to various charges. For example, if you took out a cash advance, you are more likely to pay a higher interest rate than you would on a credit card purchase for an item at the grocery store.

Paying close attention to the interest rate on your statement will also guarantee that you will make the best choice on how to use your credit card wisely. It is obvious that you don’t want to use services that come at a higher interest rate too often. This is throwing money down the drain. Paying attention to how much you are paying for that service is an excellent way to keep yourself in check.

Another section you should check for is your previous balance. This is the outstanding balance that’s owed from the previous month.  Always double-check that balance to ensure that the charges are accurate.

The section outlining your credits and payments is very important. You will want to ensure that all of the payments were applied properly to your outstanding balance and all charge reversals or returns were accurately credited to your account.

You will also notice the term “APR” on your statement. This stands for annual percentage rate which is the interest that’s applied to any outstanding balance at the end of the month. The lower the rate, the less you will have to pay in interest.

You should be aware that the credit card companies can change the APR even if the APR rate is fixed. The bank is required to provide at least forty-five days notice of any changes to the terms of your agreement such as an interest rate increase.

Some credit cards also apply a finance charge in addition to your APR. This only applies if you are carrying a balance in most cases. If you don’t pay off the balance at the end of the month, you will likely have to pay a finance charge on top of your interest fees.

Keeping a close watch on your credit card statement on a regular basis will protect you against fraud and save you money. If you follow these steps, you will avoid getting in debt and put thousands of dollars in your savings.

 

 

7 Best Ways to Save Money on Laundry

canstockphoto12033189Many people are unaware that they are spending a lot more money than they need when it comes to doing their laundry. You may be surprised at the amount of money that you are wasting on laundry detergent, bleach, high energy costs and not to mention the price that you are paying by going to the Laundromat. There are plenty of ways you can save. Here are 7 Best Ways to Save Money on Laundry.

 

Hang Your Clothes Outside

Hanging your clothes outside is one of the easiest strategies there is. If you have a clothesline, this is a huge plus.  The dryer uses a lot of electricity which will run up your electric bill. Each time you avoid using it will save you some money. It is best for it to be done in warmer weather. If you live in a warm climate, you can save money year around.

 

Wait Until There Is a Full Load

Waiting until you have a full load of clothes is the best strategy of all. Many people like to do their laundry all the time out of habit which is absolutely unnecessary. Doing your laundry less often will not only save you money on your electric bill, but also on bleach and laundry detergent. And don’t forget  the amount of time and energy you will conserve by not doing laundry every day.

 

Avoid Buying Brand Name Laundry Detergent

Using brand name laundry detergent can be expensive. Most of the store brand and cheaper lesser known brands are often just as good at cleaning your laundry. However, if you would prefer to use the brand name you can look for coupons to further the savings

 

Clean Out The Dryer Regularly

Make sure that the lint trap is clear. Taking this step can save you a lot of money in energy costs. Your expenses will be extremely high when the dryer is working inefficiently.

 

Use Cold Water

Most people believe the myth that they must use warm water for their clothes to get cleaned. This simply isn’t true. In fact, warm water is not necessary in most cases. By washing in cold water, you will conserve on the heat expenses.

So how much money can this save you? This has the potential to save you around ten dollars a month. If you do your math, this is $120 that you can put towards your savings or to pay other household expenses.

 

Use Less Laundry Detergent

If you are going by the instructions on the package, you are probably using too much detergent. The detergent companies want you to spend as much money on their products as possible, which means they encourage you to use more than the required amount. This is a good way to overspend.

How do you know the right amount of detergent to use? You can start by slowly using less and less, until you notice that your clothes aren’t as well cleaned. This will give you a good idea of how much is really needed .

 

Buy Your Own Washer Instead of Going to The Laundromat

If you can afford to purchase a washer, it is cheaper than continually going to the coin laundry. You will be amazed how much money you spend on a monthly basis at the Laundromat. The amount of money that you spend to dry your clothes can exceed the amount that you pay to wash depending on the fabric. For instance, quilts and comforters take a lot longer to dry than cotton t-shirts and bath towels.

If you implement one or two of these tips, this will save you  some money. However, you will get the best results by following all of these steps to get you on the way to building a small fortune every year.