Personal Finance With A Family

My name is Vanessa and I have an admission to make: I just had a terrible few weeks struggling with finance problems. Sound familiar? Perhaps you’ve been there yourself. Thankfully I am beginning to see the light at the end of the tunnel. Everyone knows being economical is intelligent. But my error was spending way too much on internet purchases. Here’s my tale…

I just signed up with this new cash return coupon purchasing website. I know, “not another lower price website right?” But it’s not some boring benefits deal that never gives you any lower price rates. Believe me, I’ve seen them all and most of them are scams. The reason I made the decision to be a part of this coupon site is because of my financial consultant, who informed me I was over-spending. My dad recommended him because he’s been assisting our family with financial advice for years.

The first thing Tom informed me of was the fact that my every day purchases were simply way too expensive. Take what I purchased a couple weeks ago as an example. My children needed new shoes for school; being a single mom I looked at the local shops providing sales. But they were still too expensive. Even the most affordable pair of Sketchers she likes was $49. That’s a lot because in six weeks she’ll grow out of them.

Tom recommended I start using discounts and recommended the website I took his guidance and was thrilled when I was able to find my daughter’s favorite shoes for only $27 once I signed up. When I can save more than $20 I’m a very happy mom.

I recognize there are a large number of lower price purchasing websites on the internet, and many of them are okay. But there’s something I observed you may not know unless you study the terms and conditions. Many of their lower price rates are only accepted if you buy two or three products. The idea isn’t new; it’s just another kind of up sell, getting you to spend your cash for unneeded items.

My financial advisor is still providing me his great guidance but informed me to stop looking for ‘miracle pills’ that don’t exist. Like coupon websites that convince you to purchase more products to ‘pay less’. Like any mother today, I need to reduce costs only on the few products I need, and I certainly don’t need five pairs of shoes for the price of four.

Read More