4 Ways Decluttering Your Home Literally Pays Off

Decluttering your home brings peace of mind. Your efforts to get rid of extra junk will reward you both financially and psychologically. Fortunately, there are many well-documented ways that decluttering pays off.

Getting rid of excess possessions reduces or eliminates storage costs

If you drive around any large metro area, you’ll notice a large number of storage units. Obviously, there is a large demand for space by people who have more possessions than will comfortably fit into their home. Many storage units cost $100 or $200 a month.

By downsizing and decluttering, you won’t have to continue paying for storage space. This simple action can easily save you a thousand dollars or more per year.

Find your bills on time so you don’t pay things late

Anyone who has ever forgotten to pay a bill because it was lost in a sea of disorganized clutter knows the frustration of paying hard-earned cash in penalties and interest because you simply have too much junk sitting around. Being disorganized is not only stressful, but it is also expensive in terms of wasted money and time spent searching for lost mail and papers.




It is truly amazing how easy it is to change this type of situation once you start clearing space and getting rid of excess junk. Important paperwork can be the easiest thing to lose in a sea of clutter.

You call to sell or donate the stuff you don’t need for cash

The most obvious way you can make money from decluttering is to sell your excess stuff. You can sell an iPhone in Canada or unused laptops and have an extra $200 dollars in your pocket in a cool 24-hour period. Garage sales are another time-tested method for selling off unwanted items to neighbors.

Another way to cash in on your extra stuff is to donate it and take a tax deduction. If your tax bracket is high enough, you can sometimes save as much money in taxes as you would selling it outright and with less hassle.

You no longer have to buy replacement items because you can’t find what you need in the clutter.

It is a rare person who hasn’t gone out to spend money on something they needed because they couldn’t find it at home. Buying duplicates is expensive. Organized people don’t have to do that.

There is no time to waste. Decluttering is a simple way to improve both your financial standing and lifestyle. There is no logical excuse for dealing with the substantial stress experienced every time you waste your time hunting for something you need and can’t find.

5 Introductory Tips to Envelope Budgeting Systems

The right budget can be a powerful financial tool. While the ability to create and maintain an accurate budget is a key skill in terms of financial management, many individuals find budgeting to be a real struggle. From minimizing impulse buys to creating incentives to seek out deals, bargains, and other discounts, switching to the envelope method could allow you to curb your spending and to manage your finances with far greater ease.

How Does the Envelope System Work?

The core premise behind envelope systems is to set aside money for each spending category in advance. This system traditionally used cash placed in envelopes but may function just as effectively with the “virtual envelopes” that may be created with financial software applications. 

The idea is that having only a finite amount of money to spend makes it much easier to stay within the budget.

Stretching Your Money More Effectively

Envelope systems provide a strong incentive to stretch each dollar as far as possible. Clipping coupons or seeking out clearance sales becomes a lot more important if it is the only way to free up some much-needed space in your budget. 

Trying to make it through the rest of the month without additional funds can be quite the challenge, especially for those who are prone to making impulse purchases.

Rollover Accounts

One helpful way to make the best use of your budget to add any unspent money within a specific category to the next month’s budget. Cutting back on the spending for a few months can easily free-up the cash needed to make a major purchase. These rollover accounts can provide a simple and effective way to maintain a more balanced budget.

Clothing and Other Essentials

Lacking the funds needed to make essential purchases can become a real problem. From food and gas to clothing that your children may be constantly outgrowing, setting aside enough money to handle any complications that may crop up can be very important. 

Crafting a more affordable menu plan or shopping for a gently used windbreaker jacket that can also leave you budget to get a shit and pants rather than making a new purchase and only getting one item. If you get creative within your budget you can utilize clearance, sales, and coupons to make sure you get what you need without dipping into another envelope.

Entertainment and Quality of Life Purchases

There is such a thing as being too frugal. Failing to set aside enough money for entertainment and outings is a common mistake that often finds households souring on their new budgeting system. Trying not to skimp when setting aside money for entertainment and other quality of life purchases could make a real difference.

Learning to budget and manage your money more effectively could be simpler than you imagine. The envelope system is a proven method, one that could help you to curb your spending. A little creativity and some foresight are often all it takes to bring your spending habits under control.

Finding an Assisted Living Community That’s Right for You

If you’ve found that, as you’ve aged, you now need assistance with your daily tasks, then an assisted living facility can be a great option for you. It will provide you with the care you need to live a fulfilling life. However, it can also be a serious financial decision. Here are some helpful tips to ensure that you find a community that’s right for you.

Make a List of Needs

Many seniors start out by looking at the various assisted living communities and end up getting overwhelmed. Instead, start by making a list of needs. Include everything from the type of medical care that you need to the recreational activities you need in your life. 

When you have a list of what you’re looking for in an assisted living facility, you can better determine what facility is going to fit your needs quickly. This helps you stay on budget and ensure that you don’t spring for something that’s fancy but overly expensive.

Set a Budget

Your assisted living care should be easily affordable for you. You should take a look at what your budget is and will be in the future. Set yourself a budget for what you can comfortably afford to pay for your cost of living, keeping in mind your retirement fund and savings. 




By setting your budget ahead of time, you can limit yourself to looking at facilities in your price range. If you look at facilities first, you may find yourself signing a lease for a place that you end up having trouble affording.

Take a Tour

Now, you should have a very good idea of the qualities you’re looking for in a property and what price range you can afford. Next, it’s time to get your list together of potential properties to visit. You want to take the time to tour each facility to get a feel for how it will work for you. 

Don’t be shy about visiting a place multiple times before you decide whether or not you want to live there. This will help you maintain your budget and help you feel secure about this financial decision.

Speak with the Current Residents

One of the best ways to get a feel for how a community will work out for you is to talk with the existing residents. See how happy they are with the assisted living facility and get some information about the daily activities that are offered for residents. 

You may be surprised that you can learn more from a 10-minute conversation with a resident than you’ll get from reading all the fliers about the community.

When it becomes time to move into an assisted living facility it’s likely that you’ll have a lot of questions running through your mind. Understand how to slow down and take it to step by step; this can drastically help with your overall financial decision on where to stay. 

Be sure to start by utilizing the four tips above to find an assisted living community that’s right for you.

Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most of her time hiking, biking, and gardening. For more information, contact Brooke via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan

How to Diversify and Strengthen Your Business Investments

Individuals interested in optimizing the health of their investment portfolio may need to get creative to find instruments they may not have considered before. Think about some of these ways to strengthen your business investments and optimize your financial opportunities for the coming years.

Spread Your Options

Investing in equities can be easy and safe, but it is important to always plan ahead and diversify your investments as much as possible. Invest through as many mediums as you comfortably can in order to ease potential losses. Think about virtual mutual funds through a handful of companies and then invest further in exchange-traded funds and real estate investment trusts.

Work with Bond Funds

Adding a series of bond funds to your investment portfolio can be one of the best ways to establish a fixed-income fund option. Many securities can allow you to track indexes for better long-term diversification, particularly if you have not worked with this instrument before. Most of these funds also come with lower fees, which means more money left over for your needs.

Invest Regularly

Another excellent way to keep up with your investments is so to invest as regularly as possible. Set a yearly, or even monthly amount of money that you are willing to spend on your investments and use it to diversify your portfolio. This can be one of the best ways to strengthen your options and plan ahead for the future of your finances.

Invest Outside of Traditional Instruments

In addition to standard investments like funds and stocks, it can be a good idea to explore other investment opportunities around you. Penny stocks and real estate investments can allow you to manage your finances in unique ways. Look into landlord software to help you keep up with your apartment finances as well if you have purchased such property to rent.

Always Watch Trends

More active investments will also mean taking the time to read the news and make informed decisions about the future of your investments. Think about what you can do to stay ahead of the curve, and always plan for potential issues. It is as vital to cut your potential losses at the right opportunity as it is to diversify for the long-term.

Pay attention to your existing investments and think about how you can diversify in the same industry or instrument. Taking the time to observe trends that you are familiar with will allow you to make more solid decisions in the future of your investments.