Wednesday, January 13, 2010

Vinegar repalces what....


I was searching for a way to get a lipstick stain out of one of my delicate shirts when I ran across a article about vinegar. I know it sounds like a strange topic, but I learned that cheap vinegar can save me tons of money. It seems to replace several expensive products that we buy. I already knew about a few like window cleaner and adding it to my wash but there were some I didn't know about like;

Kill grass and weeds: Pour or spray full strength vinegar on grass or weeds poking through your driveway or rearing their heads in other unsavory places.

and

Frost-free windows: If you know a chilly night is on the make, you can ensure that your windows will be frost-free when you wake up in the morning. Simply mix 3 parts vinegar to 1 part water, and coat your windows with the mixture the night before.

Here is a site that has 1001 uses for vinegar - Link

and another - Link

As silly as it may seem to read about vinegar uses, if it saves you dollars - it makes sense! Also how many times have you needed one of the items listed and had to go to the store to buy it? Just stock up on vinegar when it is on sale and you are good to go.

Tuesday, January 12, 2010

Sites worth knowing about...


Rehash - Link
Rehashing is a fashionable way for you to trade your clothing, accessories, and books with others online. You can join groups, socialize, and get fashion, book, and green living tips.

Craigslist - Link
craigslist provides local classifieds and forums for jobs, housing, for sale, personals, services, local community, and events. There is free item listings also.

Freecycle - Link
The Freecycle Network™ is made up of 4,874 groups with 6,896,000 members across the globe. It's a grassroots and entirely nonprofit movement of people who are giving (& getting) stuff for free in their own towns.

Kashless Journey - Link
Kashless is the best place to earn rewards by giving and getting free stuff in your community

Free entertainment....


I know this is not the time to get off topic but I am in my busy tax season, so if I don't tell things now, I will forget to do so.


I found a web site that lets you watch documentaries free online. There are actually some really good ones. Just check it out - Link (Free documentaries dot org)

Supermarket Secrets Part 1 - Link
What price are we paying for the homogenized, cheap and convenient food that supermarkets specialize in? You may gain an understanding of the rational behind Vegetarian, Vegan, Organic, and grass-root eating practices.

Supermarket Secrets Part 2 - Link
What price are we paying for the homogenized, cheap and convenient food that supermarkets specialize in? You may gain an understanding of the rational behind Vegetarian, Vegan, Organic, and grass-root eating practices.
Why do documentary film makers allow their films to be streamed for free on the internet?

SiCKO - Link
This is Michael Moore's new documentary about healthcare or the lack of it in the United States. Learn why U.S. healthcare is second-rate yet by far the most expensive in the world.

SUPER SIZE ME - Link
"Super Size Me" is one man's journey into the world of weight gain, health problems and fast food. It is an examination of the American way of life and how we are eating ourselves to death.

The Greed Game - Link
Learn how the new super rich got rich in the financial meltdown and how you are paying for it.

Ok, there is too many that I want to see to list and I am getting upset that I don't have any time to watch them for the next few months!

*Facts page about legalities that includes these statements;
Many documentary film makers realize that having their films streamed on the internet for free will not only educate people on their perspective but will also encourage people to purchase the DVD.

Do producers give you permission to show their films?
We follow all copyright laws. We deal with streaming partners who handle all copyright issues. By imbedding films we can not legally be liable for any copyright infringement as stated by the DMCA. If you feel that your film is online without your permission, we will forward you to our streaming partners. When they agree that a copyright infringement has taken place, your film will be removed from our site.

Rebates. Get your money back...

Rebates can get you cash back but combined with coupons and or cash back programs you can really earn money to shop. The first thing you have to do is start a way to track your spending and rebate rewards. I suggest a spreadsheet to keep things in order. Some companies offer "rewards" that are similar to rebates and some offer both "rewards" and rebates.

Ink recycling rewards
Staples, Office Max and Office Depot all offer this type of reward for turning in your old ink toners or cartridges. Each program is different and I find that Staples is the easiest. They allow me to recycle 10 ink cartidges per month. They pay $3 per cartridge and sometimes offer double rewards! If you spend $1,000 a year, you can recycle 20 cartridges per month.

Now this may not sound like much but 10 cartridge at $3 each is $30 free to use in store. Staples also has rebates that make items cheap or free. This is how I work this one;

Recycle ink cartridges - rewards sent out monthly (must use them in store) ->
Use the rewards to buy rebate items ->
Buy rebate items (cheap or free after rebate) ->
Get rebate checks that pay me to shop!

If you shop online, always use a cash back program to maximize your deal shopping. Programs like Bing, mypoints and ebates all pay cash back for making purchases through their links. Read the fine print - some cash back programs do not allow you to use a coupon code and some do. Research before you chose which one you will use.

Saturday, January 2, 2010

Free Credit Report...

FCRA requires that you be given a FREE copy of your CR from all CRAs once every 12 months. - Link to law

You can call, write or go online. It is an excellent idea to pull your CR from all 3 CRAs once every 12 months.

This is the official website established by the Big Three CRAs. - Link
*Don't fall for the offers they sell. Just get your free report!

What is a credit file disclosure or a credit report?

A credit file disclosure, commonly called a credit report, provides you with all of the information in your credit file maintained by a consumer reporting company that could be provided by the consumer reporting company in a consumer report about you to a third party, such as a lender. A credit file disclosure also includes a record of everyone who has received a consumer report about you from the consumer reporting company within a certain period of time ("inquiries"). The credit file disclosure includes certain information that is not included in a consumer report about you to a third party, such as the inquiries of companies for pre-approved offers of credit or insurance and account reviews, and any medical account information which is suppressed for third party users of consumer reports. You are entitled to receive a disclosure copy of your credit file from a consumer reporting company under Federal law and the laws of various states.

Am I entitled to a free credit report under state law?
In addition to consumers who are eligible for a free credit report through the Annual Credit Report Request Service; consumers in some states are eligible for a free credit report under state law. The following states have laws that make free credit reports available to consumers: Colorado, Georgia, Maine, Maryland, Massachusetts, New Jersey and Vermont.

How do I request a credit report by mail for a child under 13 years of age?
The credit reporting agencies do not knowingly maintain credit files on minor children. If you suspect that your minor child's information has been used fraudulently, you should contact the credit reporting agencies directly and report the illegal use of your child's information to law enforcement. Please supply each credit reporting agency with your child's complete name, address, date of birth and a copy of the minor child's birth certificate and social security card. Additionally, please provide a copy of your driver's license or other government-issued proof of your identity, which includes your current address, and a current utility bill containing your current address so the credit reporting agencies may promptly respond to your request. The addresses for the credit reporting agencies are listed below:

Equifax
P.O. Box 740256
Atlanta, Georgia 30374

Experian
P.O. Box 9554
Allen, Texas 75013

TransUnion
P.O. Box 6790
Fullerton, CA 92834

How can I exclude my name from nationwide consumer credit reporting company lists for unsolicited credit and insurance offers?
You may request that consumer credit reporting companies exclude your name from lists for pre-approved, unsolicited credit and insurance offers. To find out more, please call 1–888–5OPTOUT (1–888–567–8688).

How do I contact the Federal Trade Commission (FTC)?
Federal Trade Commission
Consumer Response Center
Room 130
600 Pennsylvania Avenue, N.W.
Washington, D.C. 20580
www.ftc.gov/credit

Where can I find out more about identity theft?
Please visit the Federal Trade Commission Identity Theft Center at
http://www.consumer.gov/idtheft/

What about companies that claim they can improve my credit report for a fee?
The Federal Trade Commission (FTC) cautions consumers to be wary of companies that make claims regarding credit repair. These companies, commonly called credit clinics, don't do anything for consumers that consumers cannot do for themselves at little or no cost. Beware of any organization that offers to create a new identity and credit file for you. The FTC and state attorneys general have filed actions against those who pursue these fraudulent practices. Here are some warning signs that the FTC and others say consumers should look out for to determine if they might be dealing with a credit clinic:

* An organization that guarantees to remove late payments, bankruptcies, or similar information from a credit report
* An organization that charges a lot of money to repair credit
* A company that asks the consumer to write to the credit reporting company and repeatedly seek verification of the same credit account information in the file, month after month, even though the information has been determined to be correct
* An organization that is reluctant to give out their address or one that pushes you to make a decision immediately

For a helpful brochure about credit clinics, you can write to the Federal Trade Commission, Sixth and Pennsylvania Avenues, N.W., Washington, D.C. 20004 and request a brochure titled "Credit Repair: Self Help May Be Best."

*Information above from Annual credit report dot com - Link

Credit reports – know your rights

Your credit payment history is recorded in a file or report. These files or reports are maintained and sold by credit bureaus. You have a credit record on file at a credit bureau if you have ever applied for a credit or charge account, a personal loan, insurance, or a job. Your credit record contains information about your income, debts, and credit payment history. It also indicates whether you have been sued, arrested, or have filed for bankruptcy.

The Fair Credit Reporting Act (FCRA) is designed to help ensure that credit bureaus furnish correct and complete information to businesses to use when evaluating your application.

Your rights under the Fair Credit Reporting Act:

* You have the right to receive a copy of your credit report. The copy of your report must contain all of the information in your file at the time of your request.

* You have the right to know the name of anyone who received your credit report in the last year for most purposes or in the last two years for employment purposes.

* Any company that denies your application must supply the name and address of the credit bureau they contacted, provided the denial was based on information given by the credit bureau.

* You have the right to a free copy of your credit report when your application is denied because of information supplied by the credit bureau. Your request must be made within 60 days of receiving your denial notice.

* If you contest the completeness or accuracy of information in your report, you should file a dispute with the credit bureau and with the company that furnished the information to the bureau. Both the credit bureau and the furnisher of information are legally obligated to investigate your dispute.

* You have a right to add a summary explanation to your credit report if your dispute is not resolved to your satisfaction.

FICO Score...

These are the three major credit bureaus (aka credit reporting agencies): Equifax (EQ), Experian (EX), and TransUnion (TU). You’ll need to find out all three of your FICO scores to properly grasp your overall credit picture.

What is the range of FICO scores?

FICO (aka Classic or BEACON) scores can range from 300 to 850, but the majority of scores usually fall within the 600s and 700s.

Classic or BEACON FICO scores are generally the best indicator of credit-worthiness and a good overall indicator of where your credit (mortgage, credit card, auto,etc.) stands.

Credit card enhanced (or bankcard enhanced scores) are specific indicators of credit worthiness with regards to credit cards only (not mortgages, auto, loans, etc.).

Auto-enhanced scores are specific indicators of credit worthiness with regards to an auto loan. Consumers cannot purchase auto-enhanced scores.

Your actual FICO score ranges from 300-850, remember you have three separate FICO scores for each credit reporting agency EQ, EX, and TU.

Scores higher than 720-750+ are ideal. Any higher really doesn't matter. Once you get this high, you have excellent scores regardless.

Also, just because you have your score today doesn’t mean you can walk into the car dealership tomorrow and say “I have an 800+ FICO please give me the APR I want on my loan”, the lender may calculate a completely different FICO score and if you were to pull your FICO score again that day it may be different for you.

Remember, a FICO score is a quick look at the overall status of your credit. It may mean getting a better APR on the credit card you want, but it likely won’t determine whether you get the card or not (your credit report(s) will!).

Don't apply for credit unless you know you can get it or that you need to get it; unnecessary credit inquiries are going to hurt the scores - especially if your over all credit file is small to begin with.

Tip: When applying for credit pull your own credit report first (this is a soft hit and won't drop your scores). With credit report in hand go visit your local banks or credit unions. Show them the reports; and don't allow them to pull a credit report of their own unless they can say for sure that you will be approved, this way you save your self unnecessary pulls on your credit report if they decline you. If they say yes, you are approved, then they will need to pull credit report to seal the deal.

Mortgage & Auto industry has special rules for inquiries: all applications for credit resulting in pulled credit reports within a 14 day period of time will only count as one inquiry & will be suppressed from affecting credit scores for 30 days. So if you plan to go shopping for a mortgage or a car, do your research first picking what companies you want to apply with and do this all within a 2 week period of time so that the scores are not affected too much.

DO:

1. Pay your bills on time. Delinquent payments and collections can have a major negative impact on your score.

2. If you have missed payments, get current and stay current. The longer you pay your bills on time, the better your score.

3. If you are having trouble making ends meet, contact your creditors or see a legitimate credit counselor. This will not improve your score immediately, but if you can begin to manage your credit and pay on time, your score will get better over time.

4. Keep balances low (1-9% util) on credit cards and other revolving credit. High outstanding debt can affect a score.

5. Pay off debt rather than move it around.

6. Re-establish your credit history if you have had problems.

7. Opening new accounts responsibly and paying them off on time will raise your score in the long term.

8. Note that it is OK to request and check your own credit file. This will not affect your score, as long as you order your credit file directly from the credit reporting agency or through an organization authorized to provide credit files to consumers (such as myFICO).

9. Apply for and open new credit accounts only as needed.

10. Have credit cards but manage them responsibly. In general, having credit cards and installment loans (and paying timely payments) will raise your score. Someone with no credit cards, for example, tends to be higher risk than someone who has managed credit cards responsibly.

DON'T:

1. Close unused credit cards as a short-term strategy to raise your score. NEVER close an open account unless it is costing you money!

2. Open a number of new credit cards that you do not need, just to increase your available credit. This approach could backfire and actually lower your score.

3. If you have been managing credit for a short time, do not open a lot of new accounts too rapidly. New accounts will lower your average account age, which will have a larger effect on your score if you do not have a lot of other credit information. Also, rapid account build-up can look risky if you are a new credit user. Do your rate shopping for a given loan within a focused period of time. FICO scores distinguish between a search for a single loan and a search for many new credit lines, in part by the length of time over which inquiries occur.


How long will a derog stay on my reports?


(1) In general. The 7-year period referred to in paragraphs (4) and (6)(2) of subsection (a) shall begin, with respect to any delinquent account that is placed for collection (internally or by referral to a third party, whichever is earlier), charged to profit and loss, or subjected to any similar action, upon the expiration of the 180-day period beginning on the date of the commencement of the delinquency which immediately preceded the collection activity, charge to profit and loss, or similar action.

*Information obtained from "myfico" - Link

Monday, December 28, 2009

Why stockpile and where to start...

Stockpiling is storing items you will need in the future. There are many types of stockpiling but I am referring to food and HBA items right now.

Why stockpile?

Buying common items you and your family use when they are on severe sales, discounts or clearances can and will save you hundreds, if not thousands of dollars a year. Using coupons and learning how to use them correctly is highly advised. I will get to that later.

Since I am a self proclaimed Diva, I love to shop. Before working towards frugality, I spent tons of money on clothes, shoes, and accessories. As the economy got worse, that had to end. I had to find a way to fulfill my shopping addiction but in a way that actually is useful. One day, while on the Internet, I read about a lady that fed her family on very little money. She told about her "stash" of diaper and how she paid $3-$4 a package. I was in awe. She had me from hello. I needed to learn and became obsessed with learning more. It is funny, but she has since disappeared and I wanted to thank her for what she did for my family. The only way I know how is to teach other people and share the knowledge. Now, on with the show...

Where do I start?
Make a list of the food items you use everyday. What you are looking for is listing items that don't expire fast like cereal, meats, condiments, and other pantry type items. Next make a list of the HBA items that you use daily, weekly and monthly. If you are brand specific, list that brand.

Next you must determine how much of each item you need. Before doing that you should also know the shelf life of the item.

Here is common food terminology we see on packaging -

“Sell by” or “Pull date” — This date tells
the store how long to display the food for
sale. Foods eaten after this date are usually
safe to eat as long as they are stored
for no longer than recommended time, and
handled and prepared safely.

“Best if used by (before) date” — This
date means that the food will be of its highest
quality or flavor if consumed before the
date on the package. Foods may be safely
consumed after the date indicated on the
package, if they are stored for no longer than
recommended, are handled and prepared
properly and show no signs of spoilage.

“Expiration date” — This is the last day
the food should be eaten. Except for eggs,
discard foods not consumed by this date.
EGGS: The expiration date is the last date
a store can sell the eggs and still refer to
them as “fresh.” Buy eggs before the expiration
date and use them within 30 days.
After 30 days, discard the eggs. Do not buy
eggs if the expiration date on the package
has passed.

“Pack date” — This is the date the food
was packaged or processed. Consumers may
be able to determine the age of the product
by looking at this date.

Keep in mind if you stock 10 of a particular item and 5 expire you are not saving money! There are plenty of web sites that give you a guideline as to how long you can store items. Here is few of them;

Whats cooking America - food storage chart - Link

Recipe Tips dot com - another food storage chart - Link

There is literally tons of different charts and you can do a simple web search with the key words "food storage life" and find plenty.

When you are looking at stocking up on your HBA items, you need to think about how many you will use in a given time before they expire and what would be a reasonable amount to store. Yes, those are 2 different questions.

My family could use a roll of toilet tissue a day and since I have space, I could store 10 cases. Depending on the sale, it would be reasonable to store 10 cases if they were on a great discount. Now, my family also uses about a tube of toothpaste per month. I usually keep 15 in my home because it is not reasonable to store more. Why? They expire and toothpaste is a item I can usually find on sale if not free with using a coupon.

Hair care products have a general life of 3 years until opened. After they are opened come in contact with bacteria and lose 1/2 their life. 18 months is rule of thumb for opened hair care products unless the product states otherwise.

Toothpastes - read the package before buying. You never know how long it has sat and depending on the ingredients, each one may vary. You need to check each tube before you purchase them since you may buy 10 with all different dates. Even sizes can change the expiration date. I got this from the Colgate web site;
Colgate Total has a two-year expiration date, the same shelf-life as other Colgate toothpastes. The .75 oz sample tubes of Colgate Total have a shelf life of 18 months.

There are certain items that my family uses that others may not. We use paper plates (like dixie or chinet) and justify it. I run my dishwasher 2 times a day. If we did not use paper plates it would be ridiculous. I seek deals to make them cheap and not burden my budget. Most of the time, I buy them with Register Rewards from deals that I have done at Walgreens. I will get into Walgreens at a later date. It is one of my favorite stores to deal shop.

It does take time to build your stockpile. If you are patient and wait out the sales, you will be amazed on how far you can come in just a few months. When my kids were in diapers, I never paid more than $4 for Huggies. The same packages that other paid $9 for. Toilet paper, heck, I have at least 40 packages that I bought for .25 a package when they were on sale and used coupons. Over time your spending will narrow and you will notice you have more money to pay off your debt!

Once you get going you will need to devise a plan for organization and storage. I have a unfinished basement that stays the same temperature year round. I bought Heavy duty plastic shelving from Menards. I have watched the sales and it goes on sale about every 3 months. The regular price is almost $80 per set and on sale they will go as low as $39.99.

Since I have a unfinished basement the smartest plan was to line the walls with shelving to save the middle area for other things. The shelving that I have is 5 shelves tall, 48 inches wide and 36 inches deep. Each self can hold 150 pounds. This pops together and takes maybe 5 minutes without tools to assemble. I have 15 sets that take up 2 of my walls. Since they are flush to the wall, they take up very little space.

Yes, I did invest in my shelving but organization is really important when stockpiling. If you can't find something, it can expire before you find it. Only 5 of my shelves are for my personal use stockpile. 5 other shelves are stockpile that I sell for profit. The remaining 5 shelves are things that I just need to store like photo albums, winter clothes, important records and so on.

Plastic containers are your best friend. I buy the clear ones to be able to view what is in them easily. I also store the stockpile I sell in these so they are all organized, grouped by price and ready to move. The best way to buy plastic containers is to wait until they are on clearance. I find great deals on these at Target. Since it is December now, I am sure the red or green ones will be next to hit the deep discounts.

If you don't have tons of space in your home, get creative. Use closets, under the bed bins and other areas that are unoccupied. I have a friend that stores her stockpile in a dresser. She has a small studio apartment and only needs a small stockpile for herself. If there is a will, there is a way.

It does take money to get this all going but once you get started, you will notice it pays off very fast. In my house I noticed the payoff in about 3 months. I was spending the same amount during that time but acquiring a stock and storage system. When you are spending less on everyday items you will have the dollars to get started.

Once you have a nice stock in place you will notice 2 things. The first is that you are now saving a ton of money. The 2nd one is that you have what you need and no longer need to rush out of the house to buy common items. Life is now cheaper and easier than before. I actually am a bit obsessed with my stockpile and tend to feel a tear in my eye when I look at it. "She" has a name also...."My Preeeeeecious.